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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended−0.021%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 7 days+0.118%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: 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: HTX is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000SHIB-USD0.0000059600.0104pay 0.0013% / 1h38m 02s$53K$4K25x
ShortHTX SHIB-USDT0.0000059590.0100get 0.0100% / 8h4h 38m$407K$566K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$0.84
Price spread: −0.021% → 0.000%
−$2.11
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$19.95
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; HTX: live order book, 21 min ago. 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 Extended no order-book sample
Sell HTX live order book, 21 min ago5.04 bp16.7 bp −$17111.4 bp −$1,114doesn't fitdoesn't fit
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−0.0353%1h0.000005960+0.004%$1.1M$929K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000005921−0.659%$124K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005947−0.224%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005957−0.055%$190K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005961+0.014%$563150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.338%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h0.000005961+0.012%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000005961+0.012%$160K$604K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005966+0.096%$3.6M$4.8M10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005961+0.020%$40K$321K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.000005950−0.172%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005966+0.103%$29.3M$103.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005965+0.080%$9.2M$36.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005957−0.055%$6.9M$5.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005962+0.029%$29.9M$17.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005964+0.063%$4.8M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005963+0.046%$11.3M$14.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005964+0.063%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005965+0.080%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005968+0.130%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005963+0.046%$488$5K10xas long as short
HTX SHIB-USDTshort+0.0100%8h0.000005959−0.021%$407K$566K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000005966+0.096%$2.1M$6.8M50xas long as short
Extended 1000SHIB-USDlong+0.0104%1h0.000005960long leg$53K$4K25x
Paradex kSHIB-USD-PERP+0.0111%8h0.000005957−0.059%$7K$1320xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.111%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005952−0.139%$870K$886K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0253%1h0.000005965+0.080%$46K$61K25xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005967+0.114%$120xas long as short