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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Extended against gTrade (Gains Network)+0.026%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 airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SHIB/USD0.000005999L +0.0006% / S −0.0001%pay 0.0001% / 1h32m 34s$729150x
ShortExtended 1000SHIB-USD0.0000060000.0104get 0.0013% / 1h32m 34s$53K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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
$20.52
Price spread: +0.026% → 0.000%
$2.6
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$8.12
Costs to cover
0.150%
Break-even
4.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: 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 gTrade (Gains Network) no order-book sample
Sell Extended no order-book sample
gTrade (Gains Network) and 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−0.0367%1h0.000005997−0.029%$1.1M$728K50xas long as short
BingX 1000SHIB-USDT−0.0037%8h0.000006005+0.107%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005997−0.027%$42K$64K25xas long as short
gTrade (Gains Network) SHIB/USDlongL +0.0006% / S −0.0001%1h0.000005999long leg$729150x
Injective SHIB/USDC PERP+0.0033%1h0.000005767−3.861%$236$36K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0048%1h0.000006003+0.073%$93K$831K50xas long as short
Lighter 1000SHIB+0.0096%1h0.000006009+0.173%$153K$289K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006010+0.196%$35K$162K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006010+0.190%$12K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006006+0.125%$29.4M$86.2M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000006002+0.057%$7.7M$27.7M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006002+0.057%$6.8M$5.5M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006008+0.157%$32.9M$15.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006008+0.157%$5.0M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006004+0.090%$11.6M$12.1M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006009+0.173%$27K$4K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005995−0.060%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006005+0.107%$2K$23K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005995−0.060%$550$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006004+0.090%$405K$636K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006000+0.023%$2.1M$5.2M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h0.000006007+0.140%$7K20xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000006000+0.026%$53K$4K25x
Kalshi KXKSHIBPERP+0.0110%8h0.000005996−0.037%$75K$1.6M2xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.647%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006006+0.123%$727K$1.1M50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005994−0.076%$120xas long as short
Hyperliquid kSHIB+0.0597%1h0.000006022+0.390%$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.5288%1h0.000006010+0.190%$23K$66K10xas long as short