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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Gate against Pacifica−0.049%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060680.0100pay 0.0013% / 1h0m 05s$12K$4K10x
ShortGate SHIB_USDT0.0000060650.0100get 0.0100% / 8h1h 00m$7.0M$5.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.049% → 0.000%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$27.94
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago1.65 bp16.1 bp −$1631.8 bp −$318doesn't fitdoesn'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%1h0.000006069+0.018%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006069+0.025%$73K$1.9M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006069+0.015%$738150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006062−0.099%$80K$787K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0080%1h0.000006070+0.033%$46K$65K25xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.0000060680.000%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006070+0.033%$153K$290K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006069+0.010%$35K$175K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006068long leg$12K$4K10x
Binance 1000SHIBUSDT+0.0100%8h0.000006070+0.033%$29.9M$94.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.0000060680.000%$8.8M$32.1M50xas long as short
Gate SHIB_USDTshort+0.0100%8h0.000006065−0.049%$7.0M$5.6M75x
MEXC SHIB_USDT+0.0100%8h0.000006069+0.016%$30.5M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006066−0.033%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006070+0.033%$11.6M$13.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006071+0.049%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006069+0.016%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006078+0.165%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006069+0.016%$541$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006067−0.016%$414K$613K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006071+0.049%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006068−0.007%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006067−0.012%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.461%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.121%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006061−0.115%$820K$947K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006070+0.027%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0357%1h0.000006070+0.032%$1.2M$804K50xas long as short
Hyperliquid kSHIB+0.0776%1h0.000006080+0.198%$4.4M$4.0M10xas long as short