Settings8H · net · $10k
Funding arb · Price arb /

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.775%
Price spread now: Kalshi against dYdX+0.021%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.576%−$158 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kalshi is 0.021% dearer against dYdX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SHIB-USD0.0000060240get 0.0000% / 1h56m 10s$24K$56K10x
ShortKalshi KXKSHIBPERP0.0000060250get 0.0000% / 8h5h 56m$105K$3.2M2x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$17.93
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Kalshi: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kalshi live order book, 2 min ago7.35 bp13.5 bp −$1319.5 bp −$195doesn't fitdoesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHIB on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SHIBUSD−0.0374%1h0.000006007−0.284%$1.2M$1.0M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000006050+0.434%$123K$1.6M50xas long as short
dYdX SHIB-USDlong0.0000%1h0.000006024long leg$24K$56K10x
Kalshi KXKSHIBPERPshort0.0000%8h0.000006025+0.021%$105K$3.2M2x
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006012−0.197%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006019−0.076%$568150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.268%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006013−0.180%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006011−0.213%$156K$639K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006019−0.081%$3.6M$5.3M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000006012−0.201%$41K$336K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006028+0.069%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006010−0.230%$30.1M$126.5M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006011−0.213%$9.2M$43.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006007−0.280%$7.1M$7.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006008−0.263%$28.4M$19.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006012−0.197%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006011−0.213%$11.4M$17.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006011−0.213%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006012−0.197%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006021−0.047%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006010−0.230%$505$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006013−0.180%$410K$574K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006010−0.230%$2.1M$7.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006025+0.014%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006009−0.247%$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.396%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006031+0.119%$862K$932K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006019−0.084%$120xas long as short