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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against OKX−0.016%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.497% 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)+0.136%+$14 · spread now −0.016%, 7d avg +0.041%
Together, before fees+0.165%+ Points / potential airdropAster: Stage 5 · farm board+$17 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: Aster is 0.057% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000060190.0100pay 0.0100% / 8h5h 52m$9.6M$45.9M50x
ShortAster 1000SHIBUSDT0.0000060180.0100get 0.0100% / 8h5h 52m$40K$273K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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: −0.016% → +0.041%
−$5.67
Slippage, 4 orders
−$31.71
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.38
Costs to cover
0.497%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Aster: live order book, 57 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 OKX live order book, 4 min ago0.83 bp10.0 bp −$1023.5 bp −$235doesn't fitdoesn't fit
Sell Aster live order book, 57 min ago4.13 bp13.3 bp −$13122.7 bp −$1,227doesn't fitdoesn't fit

SHIB on 29 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
Coinbase International 1000SHIB-PERP-INTX−0.0056%1h0.000006068+0.814%$131K$1.7M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006026+0.115%$80K$3.5M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006025+0.100%$45K$46K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006023+0.066%$569150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.349%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.000006015−0.066%$2.2Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006025+0.100%$155K$606K10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006018−0.016%$40K$273K50x
Pacifica kSHIB+0.0100%1h0.000006028+0.150%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006016−0.042%$31.1M$128.4M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAPlong+0.0100%8h0.000006019long leg$9.6M$45.9M50x
Gate SHIB_USDT+0.0100%8h0.000006016−0.050%$7.1M$6.7M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006015−0.066%$27.7M$19.0M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006017−0.033%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006018−0.017%$11.4M$17.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006027+0.133%$23K$9K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006024+0.083%$7K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006037+0.299%$2K$25K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006027+0.133%$519$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006030+0.183%$414K$481K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006025+0.100%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006028+0.145%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006020+0.017%$54K$4K25xas long as short
Hyperliquid kSHIB+0.0137%1h0.000006026+0.116%$3.6M$5.2M10xas long as short
Kraken Futures PF_SHIBUSD+0.0202%1h0.000006024+0.088%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.316%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006027+0.133%$924K$899K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006025+0.100%$120xas long as short
dYdX SHIB-USD+0.6608%1h0.000006027+0.136%$32K$65K10xas long as short