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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0181%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against gTrade (Gains Network)−0.493%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.493% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.493% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 9.1 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SHIB/USD0.000006161L +0.0006% / S 0.0000%pay 0.0001% / 1h22m 42s$582150x
ShortPacifica kSHIB0.0000061310.0188get 0.0023% / 1h22m 42s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$38.08
Price spread: −0.493% → 0.000%
−$49.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.26
Costs to cover
0.180%
Break-even
12.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: 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 Pacifica no order-book sample
gTrade (Gains Network) and Pacifica: 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
Coinbase International 1000SHIB-PERP-INTX−0.0168%1h0.000006161−0.006%$121K$1.4M50xas long as short
Kraken Futures PF_SHIBUSD−0.0064%1h0.000006150−0.192%$1.2M$1.0M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006129−0.530%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006145−0.273%$204K$2.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006162+0.010%$51K$61K25xas long as short
gTrade (Gains Network) SHIB/USDlongL +0.0006% / S 0.0000%1h0.000006161long leg$582150x
Injective SHIB/USDC PERP+0.0033%1h0.000006040−1.970%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.000006128−0.542%$2.2Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006134−0.445%$161K$624K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006139−0.364%$3.7M$5.2M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000006133−0.461%$43K$330K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006128−0.542%$31.5M$117.1M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006126−0.575%$9.9M$41.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006128−0.542%$7.3M$6.8M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006128−0.542%$30.3M$18.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006131−0.493%$4.7M$3.0M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006133−0.461%$11.8M$16.2M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006161−0.006%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006162+0.010%$2K$26K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006155−0.104%$503$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006154−0.120%$424K$578K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006150−0.185%$2.1M$7.2M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006130−0.506%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006130−0.513%$55K$4K25xas long as short
Backpack kSHIB_USDC_PERP+0.0119%1h0.000006138−0.380%$24K$7K15xas long as short
Pacifica kSHIBshort+0.0188%1h0.000006131−0.493%$12K$5K10x
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−2.620%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006153−0.136%$949K$919K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006156−0.089%$120xas long as short