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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: Bitget against gTrade (Gains Network)+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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SHIB/USD0.000005932L +0.0006% / S −0.0001%pay 0.0001% / 1h34m 03s$721150x
ShortBitget SHIBUSDT0.0000059330.0100get 0.0100% / 8h2h 34m$11.6M$12.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$19.68
Price spread: +0.012% → 0.000%
$1.18
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1.14
Costs to cover
0.220%
Break-even
7.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 5 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 gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 5 min ago1.69 bp10.7 bp −$1124.6 bp −$24665.5 bp −$6,547doesn't fit
gTrade (Gains Network): 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%8h0.000005935+0.040%$48K$1.6M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005935+0.046%$42K$61K25xas long as short
gTrade (Gains Network) SHIB/USDlongL +0.0006% / S −0.0001%1h0.000005932long leg$721150x
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h0.000005933+0.012%$89K$752K50xas long as short
Kraken Futures PF_SHIBUSD+0.0056%1h0.000005932−0.004%$1.1M$763K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000005931−0.022%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005933+0.012%$151K$285K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005942+0.166%$35K$179K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005938+0.096%$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005937+0.079%$28.9M$88.1M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005931−0.022%$7.5M$27.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005930−0.039%$6.7M$5.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005930−0.039%$31.7M$15.6M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005935+0.046%$4.9M$2.3M75xas long as short
Bitget SHIBUSDTshort+0.0100%8h0.000005933+0.012%$11.6M$12.5M75x
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005934+0.029%$25K$5K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005937+0.079%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005944+0.197%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005931−0.022%$542$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005931−0.022%$399K$620K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005932−0.005%$2.1M$5.3M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h0.000005939+0.120%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005928−0.075%$52K$4K25xas long as short
Injective SHIB/USDC PERP+0.0187%1h0.000005964+0.534%$245$67K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−15.716%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005934+0.029%$705K$983K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005933+0.012%$120xas long as short
Hyperliquid kSHIB+0.0629%1h0.000005943+0.180%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.9677%1h0.000005935+0.041%$23K$64K10xas long as short