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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.016%
Price spread now: gTrade (Gains Network) against Gate−0.003%7-day average · you buy dearer than you sell
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
LongGate SHIB_USDT0.0000060970.0100pay 0.0100% / 8h7h 13m$7.1M$5.7M75x
ShortgTrade (Gains Network) SHIB/USD0.000006097L +0.0006% / S −0.0001%get 0.0000% / 1h13m 23s$741150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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
−$20.7
Price spread: −0.003% → 0.000%
−$0.33
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$46.02
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 5 min ago; gTrade (Gains Network): 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 Gate live order book, 5 min ago1.64 bp15.0 bp −$1526.9 bp −$269doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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
dYdX SHIB-USD0.0000%1h0.000006104+0.116%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006106+0.143%$208K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006099+0.033%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDshortL +0.0006% / S −0.0001%1h0.000006097−0.003%$741150x
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.935%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006108+0.180%$85K$859K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.0000060970.000%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006111+0.230%$241K$469K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006108+0.183%$37K$179K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006109+0.197%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006101+0.063%$30.0M$98.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006099+0.033%$9.3M$35.2M50xas long as short
Gate SHIB_USDTlong+0.0100%8h0.000006097long leg$7.1M$5.7M75x
MEXC SHIB_USDT+0.0100%8h0.000006102+0.082%$31.6M$16.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006102+0.082%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000060970.000%$11.4M$13.9M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006099+0.033%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006109+0.197%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006095−0.033%$528$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006107+0.164%$420K$599K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006110+0.213%$2.2M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006097+0.003%$54K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0125%8h0.000006109+0.201%$7K$1320xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.591%$1K100xas long as short
Backpack kSHIB_USDC_PERP+0.0214%1h0.000006112+0.246%$23K$7K15xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006108+0.180%$871K$943K50xas long as short
Kraken Futures PF_SHIBUSD+0.0258%1h0.000006093−0.071%$1.2M$827K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006100+0.042%$120xas long as short
Hyperliquid kSHIB+0.0731%1h0.000006113+0.262%$4.4M$4.0M10xas long as short