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

SHIB

all SHIB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0111%/8h= −12.2% APRnext payment $0.14 per $10,000 · paid last 24h −0.024%
Price spread now: Coinbase International against Pacifica+0.200%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.200% dearer against Pacifica than usual: you sell high and buy low (spread +0.200% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060040.0183pay 0.0023% / 1h47m 34s$12K$4K10x
ShortCoinbase International 1000SHIB-PERP-INTX0.0000060160.0072get 0.0009% / 1h47m 34s$155K$987K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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
−$23.34
Price spread: +0.200% → 0.000%
$19.99
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$21.35
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Pacifica: no order-book sample; Coinbase International: live order book, 21 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 Pacifica no order-book sample
Sell Coinbase International live order book, 21 min ago9.04 bp14.0 bp −$1417.7 bp −$177doesn't fitdoesn't fit
Pacifica: 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
dYdX SHIB-USD0.0000%1h0.000006000−0.070%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006009+0.087%$190K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000005998−0.100%$729150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.600%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTXshort+0.0072%1h0.000006016+0.200%$155K$987K50x
BingX 1000SHIB-USDT+0.0080%8h0.000006007+0.050%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0083%1h0.000006006+0.033%$46K$65K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006007+0.050%$237K$470K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006008+0.071%$39K$183K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006003−0.019%$29.3M$101.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006007+0.050%$9.0M$35.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006000−0.067%$6.9M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006006+0.033%$30.8M$17.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006001−0.050%$4.9M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006007+0.050%$11.3M$14.3M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006003−0.017%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006016+0.200%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006005+0.017%$534$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006007+0.050%$412K$604K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006010+0.100%$2.1M$6.5M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006002−0.030%$53K$4K25xas long as short
Backpack kSHIB_USDC_PERP+0.0120%1h0.000006012+0.133%$23K$7K15xas long as short
Paradex kSHIB-USD-PERP+0.0128%8h0.000006009+0.089%$7K$1320xas long as short
Pacifica kSHIBlong+0.0183%1h0.000006004long leg$12K$4K10x
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.722%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006010+0.100%$871K$935K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005997−0.124%$120xas long as short
Hyperliquid kSHIB+0.0492%1h0.000006010+0.100%$3.8M$4.5M10xas long as short
Kraken Futures PF_SHIBUSD+0.0759%1h0.000006001−0.050%$1.1M$854K50xas long as short