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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against SunX−0.213%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.213% cheaper against SunX 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SHIB-USDT0.0000060960.0100pay 0.0100% / 8h6h 05m$2K$10K20x
ShortSoDEX 1000SHIB-USD0.0000060830.0100get 0.0013% / 1h5m 59s$572$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against SunX. 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: −0.213% → 0.000%
−$21.33
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$37.33
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SunX: no order-book sample; SoDEX: 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 SunX no order-book sample
Sell SoDEX no order-book sample
SunX and SoDEX: 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 28 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
dYdX SHIB-USD0.0000%1h0.000006085−0.174%$32K$9K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006083−0.207%$156K$884K2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006084−0.197%$59K$32K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006080−0.269%$574150xas long as short
Kraken Futures PF_SHIBUSD+0.0019%1h0.000006080−0.255%$1.2M$631K50xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000005991−1.722%$246$38K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006085−0.180%$1.6Mas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0072%1h0.000006090−0.098%$128K$870K50xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006083−0.214%$44K$86K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006086−0.164%$32.2M$64.8M75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006078−0.295%$8.4M$21.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006080−0.262%$7.3M$2.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006078−0.295%$21.0M$7.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006082−0.230%$4.9M$2.0M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006081−0.246%$11.7M$9.6M75xas long as short
SunX SHIB-USDTlong+0.0100%8h0.000006096long leg$2K$10K20x
SoDEX 1000SHIB-USDshort+0.0100%1h0.000006083−0.213%$572$5K10x
HTX SHIB-USDT+0.0100%8h0.000006078−0.295%$402K$367K75xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006085−0.182%$7K$220xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006076−0.325%$54K$66925xas long as short
Pacifica kSHIB+0.0134%1h0.000006086−0.164%$13K$32810xas long as short
Phemex u1000SHIBUSDT+0.0169%8h0.000006085−0.180%$2.1M$4.8M50xas long as short
Backpack kSHIB_USDC_PERP+0.0195%1h0.000006084−0.197%$25K$2K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0211% / S −0.2404%1h0.000006000−1.575%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006082−0.230%$847K$745K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006087−0.155%$120xas long as short
Lighter 1000SHIB+0.0408%1h0.000006090−0.098%$345K$410K10xas long as short
Hyperliquid kSHIB+0.0613%1h0.000006091−0.082%$3.8M$1.0M10xas long as short