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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.003%
Price spread now: Extended against Paradex−0.109%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.109% cheaper against Paradex than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kSHIB-USD-PERP0.0000060560.0102pay 0.0102% / 8h2h 06m$7K$1320x
ShortExtended 1000SHIB-USD0.0000060490.0104get 0.0013% / 1h6m 22s$54K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Paradex. 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
$0.48
Price spread: −0.109% → 0.000%
−$10.89
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$19.41
Costs to cover
0.090%
Break-even
289.4 days
Slippage unknown: Paradex: no order-book sample; Extended: no order-book sample. 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 Paradex no order-book sample
Sell Extended no order-book sample
Paradex and Extended: 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−0.0589%1h0.000006051−0.079%$1.1M$1.0M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0128%1h0.000006050−0.097%$123K$1.6M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006053−0.049%$24K$56K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006068+0.200%$115K$3.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006054−0.031%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006050−0.106%$571150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.263%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006049−0.114%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006053−0.048%$159K$637K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006051−0.073%$41K$336K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000006057+0.018%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006051−0.081%$30.5M$125.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006047−0.147%$9.3M$43.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006048−0.130%$7.1M$7.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006048−0.130%$28.7M$19.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006049−0.114%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006050−0.097%$11.4M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006061+0.084%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006051−0.081%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006066+0.167%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006052−0.064%$514$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006061+0.084%$413K$572K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006065+0.150%$2.1M$7.5M50xas long as short
Paradex kSHIB-USD-PERPlong+0.0102%8h0.000006056long leg$7K$1320x
Extended 1000SHIB-USDshort+0.0104%1h0.000006049−0.109%$54K$4K25x
Hyperliquid kSHIB+0.0177%1h0.000006057+0.018%$3.6M$5.3M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.923%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006059+0.051%$862K$935K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006047−0.155%$120xas long as short