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

SHIB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: SunX against Extended+0.391%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.391% dearer against Extended than usual: you sell high and buy low, +$39 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000SHIB-USD0.0000059740.0104pay 0.0013% / 1h37m 50s$53K$4K25x
ShortSunX SHIB-USDT0.0000059970.0100get 0.0100% / 8h5h 37m$2K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.391% → 0.000%
$39.14
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
$25.3
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; SunX: 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 Extended no order-book sample
Sell SunX no order-book sample
Extended and SunX: 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−0.0294%1h0.000005967−0.106%$1.1M$897K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000005981+0.124%$135K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005984+0.174%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005979+0.083%$192K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005976+0.040%$46K$61K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005972−0.020%$564150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.111%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000005969−0.077%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005977+0.057%$161K$613K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005979+0.090%$3.6M$4.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000005972−0.034%$41K$317K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005973−0.007%$29.3M$102.2M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005974+0.006%$9.2M$36.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005971−0.044%$6.9M$5.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005971−0.044%$29.6M$17.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005967−0.111%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005973−0.010%$11.2M$14.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005971−0.044%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005977+0.057%$6K$4K20xas long as short
SunX SHIB-USDTshort+0.0100%8h0.000005997+0.391%$2K$24K20x
SoDEX 1000SHIB-USD+0.0100%1h0.000005974+0.006%$506$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005973−0.010%$408K$583K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005972−0.027%$2.1M$6.7M50xas long as short
Extended 1000SHIB-USDlong+0.0104%1h0.000005974long leg$53K$4K25x
Paradex kSHIB-USD-PERP+0.0110%8h0.000005989+0.256%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000005991+0.291%$12K$4K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.299%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005987+0.224%$876K$894K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005973−0.007%$120xas long as short