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−0.0100%/8h= −10.9% APRpaid last 24h +0.827%
Price spread now: dYdX against KuCoin+0.033%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 7 days+1.432%+$143 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +1.432%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHIBUSDTM0.0000060980.0100pay 0.0100% / 8h7h 33m$4.9M$2.6M75x
ShortdYdX SHIB-USD0.0000061000get 0.0000% / 1h33m 15s$23K$64K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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
−$21
Price spread: +0.033% → 0.000%
$3.28
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$39.72
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; dYdX: 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 KuCoin live order book, 4 min ago2.45 bp15.1 bp −$1548.8 bp −$488doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.000006100+0.033%$23K$64K10x
Kalshi KXKSHIBPERP0.0000%8h0.000006095−0.052%$103K$2.0M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006096−0.033%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006093−0.085%$741150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.951%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006084−0.230%$77K$811K50xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.0000060980.000%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006100+0.033%$219K$438K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006100+0.033%$37K$179K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006104+0.098%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006098+0.002%$29.7M$97.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006097−0.016%$9.3M$34.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006093−0.082%$7.1M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006095−0.049%$31.5M$16.8M300xas long as short
KuCoin SHIBUSDTMlong+0.0100%8h0.000006098long leg$4.9M$2.6M75x
Bitget SHIBUSDT+0.0100%8h0.000006095−0.049%$11.6M$13.7M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006095−0.049%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006102+0.066%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006096−0.033%$564$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006091−0.115%$417K$594K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006100+0.033%$2.2M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006093−0.078%$54K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0115%8h0.000006107+0.141%$7K20xas long as short
Backpack kSHIB_USDC_PERP+0.0208%1h0.000006091−0.115%$25K$6K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.607%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006105+0.115%$812K$946K50xas long as short
Kraken Futures PF_SHIBUSD+0.0257%1h0.000006096−0.037%$1.2M$822K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006096−0.036%$120xas long as short
Hyperliquid kSHIB+0.0677%1h0.000006108+0.164%$4.4M$4.0M10xas long as short