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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Aster−0.101%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.101%, 7d avg −0.047%
Together, before fees+0.107%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.054% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060370.0100pay 0.0100% / 8h1h 46m$36K$167K50x
ShortHTX SHIB-USDT0.0000060310.0100get 0.0100% / 8h1h 46m$407K$618K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Aster. 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: −0.101% → −0.047%
−$5.39
Slippage, 4 orders
−$60.02
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$85.41
Costs to cover
0.800%
Break-even
never at this rate
Slippage from Aster: live order book, 34 min ago; HTX: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 34 min ago5.85 bp12.3 bp −$1299.3 bp −$993doesn't fitdoesn't fit
Sell HTX live order book, 37 min ago4.18 bp19.1 bp −$1988.3 bp −$883doesn't fitdoesn't fit

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%1h0.000006053+0.270%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006042+0.077%$78K$1.7M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006038+0.015%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006037−0.001%$734150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006046+0.148%$90K$770K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006031−0.101%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006039+0.032%$153K$287K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006037long leg$36K$167K50x
Pacifica kSHIB+0.0100%1h0.000006058+0.347%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006035−0.041%$29.4M$89.5M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006038+0.015%$8.0M$29.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006028−0.150%$6.9M$5.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006039+0.032%$31.7M$15.5M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006037−0.001%$4.9M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006038+0.015%$11.7M$12.5M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006040+0.048%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006051+0.231%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006035−0.034%$541$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000006031−0.101%$407K$618K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000006020−0.283%$2.1M$5.5M50xas long as short
Paradex kSHIB-USD-PERP+0.0104%8h0.000006059+0.365%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006038+0.017%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000005975−1.028%$245$99K5.5xas long as short
Backpack kSHIB_USDC_PERP+0.0187%1h0.000006031−0.101%$25K$5K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.614%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006027−0.167%$706K$944K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006050+0.220%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0359%1h0.000006037−0.007%$1.2M$766K50xas long as short
Hyperliquid kSHIB+0.0965%1h0.000006042+0.081%$4.4M$3.8M10xas long as short