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

SHIB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Pacifica against Gate+0.181%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 airdropPacifica: 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: Pacifica is 0.181% dearer against Gate than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHIB_USDT0.0000060790.0100pay 0.0100% / 8h1h 21m$7.0M$5.6M75x
ShortPacifica kSHIB0.0000060900.0100get 0.0013% / 1h21m 07s$12K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.181% → 0.000%
$18.1
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$4.9
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Pacifica: 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, 2 min ago1.65 bp14.4 bp −$1430.6 bp −$306doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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%1h0.000006088+0.152%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006086+0.114%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006086+0.115%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006084+0.079%$740150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006088+0.148%$81K$787K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006080+0.016%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006087+0.132%$154K$290K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006087+0.134%$35K$175K50xas long as short
Pacifica kSHIBshort+0.0100%1h0.000006090+0.181%$12K$4K10x
Binance 1000SHIBUSDT+0.0100%8h0.000006083+0.073%$29.9M$93.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006082+0.049%$8.8M$32.1M50xas long as short
Gate SHIB_USDTlong+0.0100%8h0.000006079long leg$7.0M$5.6M75x
MEXC SHIB_USDT+0.0100%8h0.000006082+0.049%$30.8M$16.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006085+0.099%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000060790.000%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006080+0.016%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006087+0.132%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006092+0.214%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006086+0.115%$543$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006086+0.115%$415K$618K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006082+0.049%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006087+0.138%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006085+0.100%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.642%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.300%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006084+0.082%$831K$952K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006081+0.041%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0356%1h0.000006086+0.119%$1.2M$796K50xas long as short
Hyperliquid kSHIB+0.0826%1h0.000006088+0.148%$4.4M$4.0M10xas long as short