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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: MEXC against Pacifica−0.214%45s7-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 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: MEXC is 0.214% cheaper against Pacifica than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060630.0100pay 0.0013% / 1h57m 50s$12K$5K10x
ShortMEXC SHIB_USDT0.0000060500.0100get 0.0100% / 8h5h 57m$27.9M$19.0M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.214% → 0.000%
−$21.44
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$29.44
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago0.83 bp5.1 bp −$58.6 bp −$8643.4 bp −$4,34370.7 bp −$35.4K
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 exchanges

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−0.0056%1h0.000006068+0.082%$131K$1.7M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006059−0.074%$80K$3.5M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006056−0.115%$45K$46K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006054−0.147%$571150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.379%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.000006049−0.231%$2.2Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006053−0.165%$156K$606K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006051−0.192%$40K$273K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006063long leg$12K$5K10x
Binance 1000SHIBUSDT+0.0100%8h0.000006051−0.198%$31.3M$128.4M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006047−0.264%$9.6M$46.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006046−0.280%$7.1M$6.7M75xas long as short
MEXC SHIB_USDTshort+0.0100%8h0.000006050−0.214%$27.9M$19.0M300x
KuCoin SHIBUSDTM+0.0100%8h0.000006048−0.247%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006049−0.231%$11.4M$17.6M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006057−0.099%$23K$9K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006058−0.082%$7K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006070+0.115%$2K$25K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006056−0.115%$528$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006059−0.066%$417K$480K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006060−0.049%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006057−0.102%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006046−0.289%$54K$4K25xas long as short
Hyperliquid kSHIB+0.0140%1h0.000006053−0.165%$3.6M$5.2M10xas long as short
Kraken Futures PF_SHIBUSD+0.0201%1h0.000006057−0.103%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−1.039%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.0000060630.000%$927K$907K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006053−0.161%$120xas long as short
dYdX SHIB-USD+0.6478%1h0.000006069+0.092%$32K$65K10xas long as short