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+0.0323%/8h= +35.3% APRnext payment +$0.40 per $10,000 · paid last 24h −0.678%
Price spread now: Reya against dYdX+0.001%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SHIB-USD0.0000060400get 0.0000% / 1h4m 28s$24K$56K10x
ShortReya kSHIBRUSDPERP0.0000060400.0323get 0.0040% / 1h4m 28s$120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against dYdX. 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
$67.75
Price spread: +0.001% → 0.000%
$0.05
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$51.8
Costs to cover
0.160%
Break-even
1.6 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell Reya no order-book sample
dYdX and 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−0.0590%1h0.000006034−0.095%$1.1M$1.0M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0128%1h0.000006050+0.167%$123K$1.6M50xas long as short
dYdX SHIB-USDlong0.0000%1h0.000006040long leg$24K$56K10x
Kalshi KXKSHIBPERP0.0000%8h0.000006047+0.114%$115K$3.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006039−0.015%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006040+0.008%$570150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.001%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0064%8h0.000006041+0.018%$2.3Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006045+0.084%$158K$637K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006040−0.007%$41K$336K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000006043+0.051%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006042+0.035%$30.4M$125.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006039−0.015%$9.2M$43.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006038−0.032%$7.1M$7.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006040+0.001%$28.6M$19.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006040+0.001%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006043+0.051%$11.4M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006041+0.018%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006040+0.001%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006050+0.167%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006037−0.048%$514$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006041+0.018%$412K$573K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006030−0.164%$2.1M$7.5M50xas long as short
Paradex kSHIB-USD-PERP+0.0102%8h0.000006045+0.081%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006039−0.011%$54K$4K25xas long as short
Hyperliquid kSHIB+0.0169%1h0.000006047+0.117%$3.6M$5.3M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.661%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006037−0.048%$859K$932K50xas long as short
Reya kSHIBRUSDPERPshort+0.0323%1h0.000006040+0.001%$120x