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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%
Price spread now: HTX against Gate−0.016%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.016%, 7d avg +0.002%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHIB_USDT0.0000060630.0100pay 0.0100% / 8h1h 08m$7.0M$5.6M75x
ShortHTX SHIB-USDT0.0000060620.0100get 0.0100% / 8h1h 08m$414K$618K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.016% → +0.002%
−$1.83
Slippage, 4 orders
−$54.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$83.04
Costs to cover
0.812%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; HTX: live order book, 10 min ago.

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, 4 min ago1.65 bp14.3 bp −$1428.5 bp −$285doesn't fitdoesn't fit
Sell HTX live order book, 10 min ago3.29 bp16.6 bp −$1796.6 bp −$966doesn't fitdoesn't fit

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%1h0.000006064+0.015%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006066+0.054%$73K$1.9M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006065+0.033%$738150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006061−0.033%$80K$784K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0080%1h0.000006068+0.082%$46K$65K25xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006065+0.033%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006068+0.082%$153K$290K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006069+0.093%$35K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006068+0.082%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006065+0.027%$29.8M$93.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006065+0.033%$8.8M$31.9M50xas long as short
Gate SHIB_USDTlong+0.0100%8h0.000006063long leg$7.0M$5.6M75x
MEXC SHIB_USDT+0.0100%8h0.000006064+0.016%$30.6M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006066+0.049%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006065+0.033%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006069+0.099%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006067+0.066%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006074+0.181%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006068+0.082%$539$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000006062−0.016%$414K$618K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000006070+0.115%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006066+0.042%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006065+0.033%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.379%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.039%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006065+0.033%$817K$948K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006067+0.065%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006067+0.067%$1.2M$799K50xas long as short
Hyperliquid kSHIB+0.0785%1h0.000006076+0.214%$4.4M$4.0M10xas long as short