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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.016%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 7 days−0.050%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000060490.0100pay 0.0100% / 8h1h 35m$8.8M$31.4M50x
ShortExtended 1000SHIB-USD0.0000060480.0104get 0.0013% / 1h35m 03s$54K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: −0.016% → 0.000%
−$1.63
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.79
Costs to cover
0.150%
Break-even
138.5 days
Slippage unknown: OKX: live order book, 4 min ago; Extended: 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 OKX live order book, 4 min ago0.82 bp8.9 bp −$921.2 bp −$212doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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%1h0.000006057+0.138%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006060+0.174%$84K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006067+0.298%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006064+0.248%$737150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006137+1.455%$82K$793K50xas long as short
BingX 1000SHIB-USDT+0.0074%8h0.000006056+0.116%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006065+0.265%$153K$288K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006056+0.109%$35K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006059+0.165%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006053+0.066%$29.6M$92.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAPlong+0.0100%8h0.000006049long leg$8.8M$31.4M50x
Gate SHIB_USDT+0.0100%8h0.000006056+0.116%$6.9M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006062+0.215%$30.9M$15.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006058+0.149%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006050+0.017%$11.5M$12.8M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006063+0.231%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006076+0.446%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006062+0.215%$536$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006055+0.099%$413K$634K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006050+0.017%$2.1M$5.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006063+0.225%$7K20xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000006048−0.016%$54K$4K25x
Injective SHIB/USDC PERP+0.0141%1h0.000005975−1.223%$245$99K5.5xas long as short
Backpack kSHIB_USDC_PERP+0.0169%1h0.000006060+0.182%$25K$6K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.810%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006067+0.298%$819K$949K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006066+0.274%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006062+0.209%$1.2M$786K50xas long as short
Hyperliquid kSHIB+0.0835%1h0.000006067+0.298%$4.4M$4.0M10xas long as short