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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Pacifica against Phemex−0.067%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 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: Pacifica is 0.067% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex u1000SHIBUSDT0.0000059700.0100pay 0.0100% / 8h2h 38m$2.0M$7.4M50x
ShortPacifica kSHIB0.0000059660.0100get 0.0013% / 1h38m 25s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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: −0.067% → 0.000%
−$6.7
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$26.7
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Pacifica: no order-book sample. 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 Phemex live order book, 5 min ago3.35 bp18.3 bp −$1866.2 bp −$662doesn't fitdoesn't fit
Sell Pacifica no order-book sample
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
Kraken Futures PF_SHIBUSD−0.0597%1h0.000005965−0.085%$1.1M$1.1M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0128%1h0.000005960−0.168%$117K$1.5M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005963−0.116%$23K$56K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005966−0.064%$109K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005968−0.040%$563150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.173%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005968−0.034%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005967−0.050%$157K$632K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005969−0.017%$41K$336K50xas long as short
Pacifica kSHIBshort+0.0100%1h0.000005966−0.067%$12K$5K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000005969−0.016%$30.2M$122.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005971+0.017%$9.4M$41.6M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005959−0.184%$7.0M$7.2M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005968−0.034%$28.4M$19.1M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.0000059700.000%$4.6M$3.1M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000059700.000%$11.3M$17.0M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005964−0.101%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005969−0.017%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005978+0.134%$2K$26K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005966−0.067%$494$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005967−0.050%$407K$590K75xas long as short
Phemex u1000SHIBUSDTlong+0.0100%8h0.000005970long leg$2.0M$7.4M50x
Paradex kSHIB-USD-PERP+0.0101%8h0.000005968−0.030%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005963−0.118%$53K$4K25xas long as short
Hyperliquid kSHIB+0.0149%1h0.000005978+0.134%$3.6M$5.3M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.248%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005961−0.151%$898K$914K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0253%1h0.000005969−0.017%$46K$65K25xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005971+0.010%$120xas long as short