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 0.000%
Price spread now: SunX against OKX+0.247%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.247% dearer against OKX than usual: you sell high and buy low, +$25 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000060810.0100pay 0.0100% / 8h48m 38s$8.8M$32.4M50x
ShortSunX SHIB-USDT0.0000060960.0100get 0.0100% / 8h48m 38s$2K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.247% → 0.000%
$24.67
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$6.67
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: OKX: live order book, 5 min ago; SunX: 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, 5 min ago0.82 bp7.6 bp −$823.4 bp −$234doesn't fitdoesn't fit
Sell SunX no order-book sample
SunX: 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%1h0.000006083+0.035%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006089+0.125%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006082+0.016%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006087+0.099%$740150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0032%1h0.000006113+0.526%$81K$791K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006085+0.066%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006085+0.066%$153K$290K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006089+0.131%$35K$175K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006086+0.082%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006088+0.115%$30.0M$94.6M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAPlong+0.0100%8h0.000006081long leg$8.8M$32.4M50x
Gate SHIB_USDT+0.0100%8h0.000006083+0.033%$7.0M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006086+0.082%$30.5M$16.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006085+0.066%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000060810.000%$11.6M$13.2M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006084+0.049%$7K$4K20xas long as short
SunX SHIB-USDTshort+0.0100%8h0.000006096+0.247%$2K$23K20x
SoDEX 1000SHIB-USD+0.0100%1h0.000006085+0.066%$539$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006086+0.082%$415K$613K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006080−0.016%$2.1M$5.9M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006086+0.087%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006087+0.101%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0161%1h0.000006040−0.674%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.332%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006087+0.099%$814K$952K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006089+0.135%$120xas long as short
Backpack kSHIB_USDC_PERP+0.0342%1h0.000006086+0.082%$25K$6K15xas long as short
Kraken Futures PF_SHIBUSD+0.0379%1h0.000006086+0.088%$1.2M$803K50xas long as short
Hyperliquid kSHIB+0.0694%1h0.000006096+0.247%$4.4M$4.0M10xas long as short