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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against HTX+0.083%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.083% dearer against HTX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SHIB-USDT0.0000060720.0100pay 0.0100% / 8h7h 26m$416K$597K75x
ShortParadex kSHIB-USD-PERP0.0000060770.0119get 0.0119% / 8h7h 26m$7K$1320x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against HTX. 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
$4.09
Price spread: +0.083% → 0.000%
$8.33
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.58
Costs to cover
0.160%
Break-even
13.1 days
Slippage unknown: HTX: live order book, 47 min ago; Paradex: 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 HTX live order book, 47 min ago4.17 bp39.0 bp −$39105.7 bp −$1,057doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
dYdX SHIB-USD0.0000%1h0.0000060720.000%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006077+0.074%$208K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006080+0.132%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006079+0.112%$739150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.527%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006064−0.132%$78K$870K50xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000006082+0.165%$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006079+0.115%$240K$469K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.0000060720.000%$37K$179K50xas long as short
Pacifica kSHIB+0.0100%1h0.000006078+0.099%$12K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006082+0.167%$29.8M$98.5M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006087+0.247%$9.3M$34.8M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006077+0.082%$7.1M$5.6M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006082+0.165%$31.4M$16.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006077+0.082%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006078+0.099%$11.5M$14.0M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006080+0.132%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006091+0.313%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006075+0.049%$519$5K10xas long as short
HTX SHIB-USDTlong+0.0100%8h0.000006072long leg$416K$597K75x
Phemex u1000SHIBUSDT+0.0100%8h0.000006073+0.016%$2.1M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006080+0.131%$54K$4K25xas long as short
Paradex kSHIB-USD-PERPshort+0.0119%8h0.000006077+0.083%$7K$1320x
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.186%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006080+0.132%$862K$942K50xas long as short
Backpack kSHIB_USDC_PERP+0.0232%1h0.000006074+0.033%$23K$7K15xas long as short
Kraken Futures PF_SHIBUSD+0.0258%1h0.000006075+0.046%$1.2M$830K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006080+0.137%$120xas long as short
Hyperliquid kSHIB+0.0698%1h0.000006083+0.181%$4.4M$4.0M10xas long as short