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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.824%
Price spread now: HTX against dYdX−0.134%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 7 days−1.366%−$137 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.134% cheaper against dYdX than usual: you would sell low and buy high (spread −0.134% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −1.366%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SHIB-USD0.0000059700get 0.0000% / 1h35m 56s$23K$64K10x
ShortHTX SHIB-USDT0.0000059620.0100get 0.0100% / 8h4h 35m$407K$558K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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
$21
Price spread: −0.134% → 0.000%
−$13.4
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.4
Costs to cover
0.220%
Break-even
11.8 days
Slippage unknown: dYdX: no order-book sample; HTX: live order book, 23 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 dYdX no order-book sample
Sell HTX live order book, 23 min ago5.04 bp16.7 bp −$17111.4 bp −$1,114doesn't fitdoesn't fit
dYdX: 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−0.0353%1h0.000005963−0.112%$1.1M$930K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000005921−0.821%$124K$1.1M50xas long as short
dYdX SHIB-USDlong0.0000%1h0.000005970long leg$23K$64K10x
Kalshi KXKSHIBPERP0.0000%8h0.000005951−0.322%$190K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005959−0.184%$46K$61K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005959−0.184%$563150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.173%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000005969−0.017%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005967−0.050%$160K$604K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005962−0.127%$40K$321K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000005971+0.017%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005970+0.002%$29.3M$103.7M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.0000059700.000%$9.3M$36.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005964−0.101%$6.9M$5.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005964−0.101%$29.8M$17.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005963−0.117%$4.8M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005974+0.067%$11.3M$14.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005968−0.034%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005961−0.151%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005971+0.017%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005965−0.084%$488$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000005962−0.134%$407K$558K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000005964−0.101%$2.1M$6.8M50xas long as short
Hyperliquid kSHIB+0.0101%1h0.000005974+0.067%$3.6M$4.8M10xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005965−0.088%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0112%8h0.000005965−0.086%$7K$1320xas 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%8h0.000005972+0.034%$873K$889K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005954−0.272%$120xas long as short