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: OKX against Aster−0.025%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.025%, 7d avg −0.045%
Together, before fees−0.096%+ Points / potential airdropAster: Stage 5 · farm board−$10 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: OKX is 0.020% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060520.0100pay 0.0100% / 8h1h 07m$35K$175K50x
ShortOKX SHIB-USDT-SWAP0.0000060500.0100get 0.0100% / 8h1h 07m$8.7M$31.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.025% → −0.045%
$2.01
Slippage, 4 orders
−$23.22
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$39.21
Costs to cover
0.412%
Break-even
never at this rate
Slippage from Aster: live order book, 8 min ago; OKX: live order book, 1 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, 8 min ago4.11 bp11.5 bp −$1199.5 bp −$995doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.83 bp9.2 bp −$921.5 bp −$215doesn'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%1h0.000006068+0.270%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006062+0.171%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006053+0.024%$46K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006054+0.038%$736150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h0.000006062+0.173%$80K$787K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006051−0.009%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006051−0.009%$153K$290K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006052long leg$35K$175K50x
Pacifica kSHIB+0.0100%1h0.000006066+0.239%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006052+0.010%$29.7M$93.8M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAPshort+0.0100%8h0.000006050−0.025%$8.7M$31.8M50x
Gate SHIB_USDT+0.0100%8h0.000006047−0.075%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006052+0.008%$30.5M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006052+0.008%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006050−0.025%$11.6M$13.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006051−0.009%$25K$6K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006053+0.024%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006061+0.156%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006052+0.008%$541$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006051−0.009%$413K$618K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006052+0.008%$2.1M$5.8M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000006065+0.216%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006049−0.046%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0141%1h0.000006040−0.191%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.852%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006065+0.223%$817K$948K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006054+0.040%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0358%1h0.000006053+0.027%$1.1M$799K50xas long as short
Hyperliquid kSHIB+0.0782%1h0.000006061+0.156%$4.4M$4.0M10xas long as short