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% APRpaid last 24h 0.000%
Price spread now: Binance against Pacifica0.000%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 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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060400.0100pay 0.0013% / 1h32m 43s$12K$4K10x
ShortBinance 1000SHIBUSDT0.0000060400.0100get 0.0100% / 8h32m 43s$29.7M$95.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 10 min ago. 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 Pacifica no order-book sample
Sell Binance live order book, 10 min ago0.82 bp6.8 bp −$714.7 bp −$14756.0 bp −$5,596152.2 bp −$76.1K
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%1h0.000006033−0.116%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006035−0.076%$73K$1.9M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006036−0.066%$734150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0032%1h0.000006113+1.209%$81K$791K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006036−0.066%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0081%1h0.000006037−0.050%$46K$65K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006039−0.017%$152K$292K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006039−0.023%$35K$175K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006040long leg$12K$4K10x
Binance 1000SHIBUSDTshort+0.0100%8h0.0000060400.000%$29.7M$95.1M75x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006039−0.017%$8.7M$32.6M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006027−0.215%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006034−0.099%$30.1M$16.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006036−0.066%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006036−0.066%$11.5M$13.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006036−0.066%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006039−0.017%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006047+0.116%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006036−0.066%$537$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006039−0.017%$413K$615K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006033−0.116%$2.1M$6.0M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006038−0.033%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006030−0.162%$53K$4K25xas long as short
Injective SHIB/USDC PERP+0.0161%1h0.0000060400.000%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.662%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006034−0.099%$819K$943K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006035−0.086%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0382%1h0.000006038−0.029%$1.1M$805K50xas long as short
Hyperliquid kSHIB+0.0640%1h0.000006047+0.116%$4.4M$4.0M10xas long as short