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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1064%/8h= −116.5% APRnext payment $1.33 per $10,000 · paid last 24h −0.673%
Price spread now: Pacifica against dYdX+0.070%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.070% dearer against dYdX than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SHIB-USD0.0000060300.1164pay 0.0145% / 1h47m 06s$36K$70K10x
ShortPacifica kSHIB0.0000060340.0100get 0.0013% / 1h47m 06s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$223.44
Price spread: +0.070% → 0.000%
$6.98
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$234.46
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Pacifica: no order-book sample. 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 Pacifica no order-book sample
dYdX and Pacifica: 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
Coinbase International 1000SHIB-PERP-INTX−0.0016%1h0.000006025−0.080%$117K$1.6M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006032+0.045%$116K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006032+0.035%$569150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.169%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006028−0.030%$1.6Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0082%1h0.000006033+0.053%$50K$59K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006031+0.020%$157K$640K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006025−0.085%$41K$329K50xas long as short
Pacifica kSHIBshort+0.0100%1h0.000006034+0.070%$12K$5K10x
Binance 1000SHIBUSDT+0.0100%8h0.000006029−0.021%$30.4M$127.3M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006029−0.013%$9.2M$43.4M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006027−0.046%$7.1M$7.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006024−0.096%$28.0M$19.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006030+0.003%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006028−0.030%$11.4M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006030+0.003%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006032+0.037%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006042+0.202%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006029−0.013%$511$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006031+0.020%$411K$575K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006033+0.053%$2.1M$7.6M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006029−0.011%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006039+0.151%$7K$1320xas long as short
Kraken Futures PF_SHIBUSD+0.0199%1h0.000006025−0.072%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.494%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006025−0.080%$872K$938K50xas long as short
Hyperliquid kSHIB+0.0267%1h0.000006037+0.120%$3.6M$5.4M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006032+0.044%$120xas long as short
dYdX SHIB-USDlong+0.1164%1h0.000006030long leg$36K$70K10x