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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Pacifica−0.017%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 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 kSHIB0.0000060140.0100pay 0.0013% / 1h46m 26s$12K$4K10x
ShortBitget SHIBUSDT0.0000060130.0100get 0.0100% / 8h7h 46m$11.5M$13.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$21.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago0.83 bp10.0 bp −$1018.1 bp −$18170.6 bp −$7,061doesn't fit
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%1h0.000006013−0.016%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006011−0.055%$94K$2.0M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006009−0.083%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006011−0.052%$731150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.432%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006016+0.033%$76K$766K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006011−0.050%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006019+0.083%$189K$393K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006008−0.093%$35K$179K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006014long leg$12K$4K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006013−0.024%$29.3M$97.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.0000060140.000%$8.6M$33.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006009−0.083%$6.9M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006010−0.067%$31.1M$16.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006011−0.050%$4.9M$2.6M75xas long as short
Bitget SHIBUSDTshort+0.0100%8h0.000006013−0.017%$11.5M$13.6M75x
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006017+0.050%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006015+0.017%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006025+0.183%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006011−0.050%$552$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006010−0.067%$411K$594K75xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006015+0.010%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006009−0.083%$54K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.233%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006010−0.067%$804K$938K50xas long as short
Kraken Futures PF_SHIBUSD+0.0261%1h0.000006011−0.047%$1.1M$814K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006011−0.048%$120xas long as short
Hyperliquid kSHIB+0.0596%1h0.000006020+0.100%$4.4M$4.0M10xas long as short
Phemex u1000SHIBUSDT+0.0818%8h0.0000060140.000%$2.1M$6.2M50xas long as short