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

SHIB

all SHIB markets
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: SoDEX against Gate0.000%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHIB_USDT0.0000060600.0100pay 0.0100% / 8h1h 09m$6.9M$5.6M75x
ShortSoDEX 1000SHIB-USD0.0000060600.0100get 0.0013% / 1h9m 43s$544$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 min ago; SoDEX: 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, 4 min ago1.65 bp14.3 bp −$1428.5 bp −$285doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.000006064+0.064%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006061+0.023%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006057−0.050%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006058−0.035%$737150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006070+0.165%$80K$786K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006065+0.083%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006068+0.132%$153K$290K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006066+0.106%$35K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006068+0.132%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006067+0.121%$29.8M$93.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006066+0.099%$8.8M$31.9M50xas long as short
Gate SHIB_USDTlong+0.0100%8h0.000006060long leg$6.9M$5.6M75x
MEXC SHIB_USDT+0.0100%8h0.000006068+0.132%$30.7M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006064+0.066%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006066+0.099%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006063+0.050%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006056−0.066%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006065+0.083%$2K$23K20xas long as short
SoDEX 1000SHIB-USDshort+0.0100%1h0.0000060600.000%$544$5K10x
HTX SHIB-USDT+0.0100%8h0.000006058−0.033%$413K$618K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006061+0.017%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006066+0.092%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006063+0.045%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.330%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.990%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006064+0.066%$816K$948K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006053−0.117%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006063+0.052%$1.2M$799K50xas long as short
Hyperliquid kSHIB+0.0787%1h0.000006075+0.248%$4.4M$4.0M10xas long as short