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

SHIB

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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 −0.001%
Price spread now: Orderly against Aster0.000%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 airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000SHIBUSDT0.0000060830.0100pay 0.0100% / 8h42m 46s$35K$175K50x
ShortOrderly PERP_1000SHIB_USDC0.0000060830.0100get 0.0100% / 8h42m 46s$7K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$14
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 33 min ago; Orderly: 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 Aster live order book, 33 min ago4.11 bp11.5 bp −$1199.5 bp −$995doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h0.000006095+0.201%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006104+0.349%$73K$1.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006082−0.016%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006085+0.033%$740150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0032%1h0.000006113+0.493%$81K$791K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000006076−0.115%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006084+0.016%$153K$290K10xas long as short
Aster 1000SHIBUSDTlong+0.0100%8h0.000006083long leg$35K$175K50x
Pacifica kSHIB+0.0100%1h0.000006099+0.263%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006082−0.024%$29.9M$94.9M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006078−0.082%$8.8M$32.5M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006080−0.049%$7.0M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006082−0.016%$30.5M$16.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006082−0.016%$4.9M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006077−0.099%$11.6M$13.3M75xas long as short
Orderly PERP_1000SHIB_USDCshort+0.0100%8h0.0000060830.000%$7K$4K20x
SunX SHIB-USDT+0.0100%8h0.000006098+0.247%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006081−0.033%$544$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006082−0.016%$416K$615K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006080−0.049%$2.1M$5.9M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006096+0.220%$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006080−0.051%$54K$4K25xas long as short
Injective SHIB/USDC PERP+0.0161%1h0.000006040−0.707%$248$134K5.5xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.364%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006087+0.066%$810K$951K50xas long as short
Backpack kSHIB_USDC_PERP+0.0278%1h0.000006082−0.016%$25K$6K15xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006086+0.045%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0379%1h0.000006082−0.012%$1.2M$804K50xas long as short
Hyperliquid kSHIB+0.0686%1h0.000006088+0.082%$4.4M$4.0M10xas long as short