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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.04 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Paradex+0.026%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: KuCoin is 0.026% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kSHIB-USD-PERP0.0000060300.0104pay 0.0104% / 8h7h 54m$7K20x
ShortKuCoin SHIBUSDTM0.0000060320.0100get 0.0100% / 8h7h 54m$4.9M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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
−$0.78
Price spread: +0.026% → 0.000%
$2.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; KuCoin: 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 Paradex no order-book sample
Sell KuCoin live order book, 4 min ago2.48 bp21.6 bp −$2258.6 bp −$586doesn't fitdoesn't fit
Paradex: 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%1h0.000006024−0.105%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006028−0.044%$94K$2.0M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006036+0.092%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006032+0.026%$733150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.159%$248$134K5.5xas long as short
Gate SHIB_USDT+0.0043%8h0.000006028−0.040%$6.9M$5.4M75xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006040+0.159%$76K$801K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006032+0.026%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006035+0.076%$183K$350K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006034+0.051%$35K$178K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000006026−0.074%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006036+0.085%$29.5M$96.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006033+0.042%$8.7M$33.0M50xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006035+0.076%$31.3M$16.6M300xas long as short
KuCoin SHIBUSDTMshort+0.0100%8h0.000006032+0.026%$4.9M$2.6M75x
Bitget SHIBUSDT+0.0100%8h0.000006035+0.076%$11.5M$13.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006023−0.123%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006034+0.059%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006041+0.175%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006034+0.059%$548$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006030−0.007%$412K$614K75xas long as short
Paradex kSHIB-USD-PERPlong+0.0104%8h0.000006030long leg$7K20x
Extended 1000SHIB-USD+0.0104%1h0.000006032+0.023%$54K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.505%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006027−0.057%$797K$939K50xas long as short
Kraken Futures PF_SHIBUSD+0.0260%1h0.000006032+0.032%$1.1M$820K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006031+0.003%$120xas long as short
Phemex u1000SHIBUSDT+0.0392%8h0.000006030−0.007%$2.1M$6.1M50xas long as short
Hyperliquid kSHIB+0.0656%1h0.000006042+0.192%$4.4M$4.0M10xas long as short