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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Bitget−0.017%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SHIBUSDT0.0000060320.0100pay 0.0100% / 8h5h 56m$11.3M$14.2M75x
ShortSoDEX 1000SHIB-USD0.0000060310.0100get 0.0013% / 1h56m 15s$514$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Bitget. 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: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$21.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; SoDEX: 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 Bitget live order book, 2 min ago1.67 bp10.0 bp −$1022.6 bp −$22661.2 bp −$6,116doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 28 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−0.0291%1h0.000006026−0.098%$1.1M$892K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0032%1h0.000006034+0.033%$136K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006029−0.050%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005985−0.781%$192K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006034+0.028%$570150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.133%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006039+0.116%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0081%1h0.000006037+0.083%$46K$64K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006026−0.099%$162K$610K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006038+0.106%$52K$315K50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006037+0.078%$29.5M$101.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006034+0.033%$9.4M$36.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006037+0.083%$7.0M$5.7M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006043+0.182%$30.1M$17.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006045+0.216%$5.0M$2.7M75xas long as short
Bitget SHIBUSDTlong+0.0100%8h0.000006032long leg$11.3M$14.2M75x
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005994−0.630%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006035+0.050%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006041+0.149%$2K$24K20xas long as short
SoDEX 1000SHIB-USDshort+0.0100%1h0.000006031−0.017%$514$5K10x
HTX SHIB-USDT+0.0100%8h0.000006022−0.166%$413K$582K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006022−0.166%$2.1M$6.6M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006027−0.079%$53K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0113%8h0.000006046+0.224%$7K$1320xas long as short
Pacifica kSHIB+0.0135%1h0.000006030−0.033%$12K$4K10xas long as short
Hyperliquid kSHIB+0.0137%1h0.000006048+0.265%$3.7M$4.7M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−0.531%$1K100xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006041+0.153%$120xas long as short