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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: HTX against Pacifica+0.183%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 6 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: HTX is 0.183% dearer against Pacifica than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060210.0100pay 0.0013% / 1h40m 41s$12K$5K10x
ShortHTX SHIB-USDT0.0000060320.0100get 0.0100% / 8h40m 41s$411K$576K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.183% → 0.000%
$18.27
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$1.73
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; HTX: live order book, 63 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 HTX live order book, 63 min ago3.33 bp28.9 bp −$29103.8 bp −$1,038doesn'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
Coinbase International 1000SHIB-PERP-INTX−0.0016%1h0.000006025+0.066%$117K$1.6M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006036+0.256%$120K$3.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006031+0.166%$50K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006028+0.125%$569150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.316%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006016−0.083%$1.7Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006022+0.017%$157K$640K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006018−0.050%$41K$329K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006021long leg$12K$5K10x
Binance 1000SHIBUSDT+0.0100%8h0.000006017−0.073%$30.4M$127.4M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006015−0.100%$9.2M$43.4M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006025+0.066%$7.1M$7.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006013−0.133%$28.0M$19.8M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.0000060210.000%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006017−0.066%$11.3M$17.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006030+0.149%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006031+0.166%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006041+0.332%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006030+0.149%$516$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000006032+0.183%$411K$576K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000006031+0.166%$2.1M$7.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006021+0.008%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006024+0.052%$53K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0199%1h0.000006026+0.089%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.349%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006032+0.183%$868K$939K50xas long as short
Hyperliquid kSHIB+0.0266%1h0.000006028+0.116%$3.6M$5.5M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006026+0.082%$120xas long as short
dYdX SHIB-USD+0.2632%1h0.000006022+0.013%$36K$70K10xas long as short