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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: OKX against Extended+0.012%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+0.050%+$5 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-USD0.0000059670.0104pay 0.0013% / 1h27m 16s$53K$4K25x
ShortOKX SHIB-USDT-SWAP0.0000059680.0100get 0.0100% / 8h2h 27m$7.6M$27.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.012% → 0.000%
$1.15
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$14.69
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; OKX: 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 OKX live order book, 1 min ago0.84 bp10.4 bp −$1025.3 bp −$253doesn't fitdoesn'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
Kalshi KXKSHIBPERP0.0000%8h0.000005962−0.082%$52K$1.6M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000005966−0.019%$726150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h0.000005933−0.575%$89K$752K50xas long as short
BingX 1000SHIB-USDT+0.0026%8h0.000005967−0.005%$2.1Mas long as short
Kraken Futures PF_SHIBUSD+0.0056%1h0.000005970+0.049%$1.1M$763K50xas long as short
Lighter 1000SHIB+0.0096%1h0.000005971+0.062%$152K$286K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005962−0.091%$35K$179K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005962−0.089%$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005970+0.052%$29.0M$88.2M75xas long as short
OKX SHIB-USDT-SWAPshort+0.0100%8h0.000005968+0.012%$7.6M$27.9M50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SHIB_USDT+0.0100%8h0.000005963−0.072%$6.8M$5.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005968+0.012%$31.9M$15.6M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005966−0.022%$4.9M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005972+0.079%$11.7M$12.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005974+0.112%$25K$5K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005972+0.079%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005974+0.112%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005967−0.005%$548$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005963−0.072%$402K$620K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005964−0.056%$2.1M$5.4M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h0.000005967−0.002%$7K20xas long as short
Extended 1000SHIB-USDlong+0.0104%1h0.000005967long leg$53K$4K25x
Injective SHIB/USDC PERP+0.0187%1h0.000005964−0.056%$245$67K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.210%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005969+0.028%$708K$988K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005963−0.072%$120xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0420%1h0.000005972+0.079%$42K$61K25xas long as short
Hyperliquid kSHIB+0.0669%1h0.000005981+0.229%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.9104%1h0.000005960−0.127%$23K$64K10xas long as short