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+0.0243%/8h= +26.6% APRpaid last 24h +0.073%
Price spread now: Reya against BingX+0.096%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.096% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000SHIB-USDC0.0000060190.0080pay 0.0080% / 8h4h 16m$1.6M
ShortReya kSHIBRUSDPERP0.0000060250.0323get 0.0040% / 1h16m 06s$120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against BingX. 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
$50.95
Price spread: +0.096% → 0.000%
$9.59
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$44.54
Costs to cover
0.160%
Break-even
0.9 days
Slippage unknown: BingX: live order book, 16 min ago; Reya: 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 BingX live order book, 16 min ago3.32 bp15.1 bp −$1544.1 bp −$441247.2 bp −$24.7K820.6 bp −$410.3K
Sell Reya no order-book sample
Reya: 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−0.0349%1h0.000006028+0.150%$1.1M$934K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000006025+0.100%$125K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006025+0.097%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006023+0.063%$190K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006027+0.133%$46K$58K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006026+0.123%$569150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.349%$248$134K5.5xas long as short
BingX 1000SHIB-USDClong+0.0080%8h0.000006019long leg$1.6M
Lighter 1000SHIB+0.0096%1h0.000006029+0.166%$160K$608K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006024+0.087%$41K$321K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000006025+0.100%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006025+0.099%$29.7M$104.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006024+0.083%$9.5M$37.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006022+0.050%$7.0M$5.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006021+0.033%$30.1M$17.8M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006024+0.083%$4.8M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006023+0.066%$11.6M$14.6M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006028+0.150%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006039+0.332%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006029+0.166%$480$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006028+0.150%$411K$555K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006027+0.133%$2.1M$6.9M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006025+0.102%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0118%8h0.000006030+0.187%$7K$1320xas long as short
Backpack kSHIB_USDC_PERP+0.0129%1h0.000006025+0.100%$23K$7K15xas long as short
Hyperliquid kSHIB+0.0131%1h0.000006027+0.133%$3.6M$4.8M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.316%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006035+0.266%$877K$895K50xas long as short
Reya kSHIBRUSDPERPshort+0.0323%1h0.000006025+0.096%$120x