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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Extended+0.017%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+0.005%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000SHIB-USD0.0000060320.0104pay 0.0013% / 1h32m 13s$53K$4K25x
ShortBitget SHIBUSDT0.0000060330.0100get 0.0100% / 8h32m 13s$11.5M$13.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
−$0.84
Price spread: +0.017% → 0.000%
$1.73
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$16.11
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 1 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 Extended no order-book sample
Sell Bitget live order book, 1 min ago2.48 bp10.6 bp −$1118.4 bp −$18448.5 bp −$4,848doesn't fit
Extended: 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
dYdX SHIB-USD0.0000%1h0.000006033+0.017%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006037+0.075%$73K$1.9M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006035+0.054%$734150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0032%1h0.000006113+1.344%$81K$791K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006031−0.016%$1.6Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0081%1h0.000006038+0.100%$46K$65K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006035+0.050%$152K$292K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006034+0.030%$35K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006040+0.133%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006037+0.087%$29.7M$95.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006033+0.017%$8.7M$32.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006034+0.034%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006035+0.050%$30.1M$16.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006036+0.067%$4.9M$2.5M75xas long as short
Bitget SHIBUSDTshort+0.0100%8h0.000006033+0.017%$11.5M$13.3M75x
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006036+0.067%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006037+0.084%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006049+0.283%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006035+0.050%$539$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006034+0.034%$413K$616K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006040+0.133%$2.1M$6.0M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006038+0.100%$7K20xas long as short
Extended 1000SHIB-USDlong+0.0104%1h0.000006032long leg$53K$4K25x
Injective SHIB/USDC PERP+0.0161%1h0.000006040+0.133%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.530%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006034+0.034%$819K$943K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006036+0.059%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0382%1h0.000006036+0.065%$1.1M$805K50xas long as short
Hyperliquid kSHIB+0.0642%1h0.000006047+0.249%$4.4M$4.0M10xas long as short