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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against KuCoin+0.038%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.038%, 7d avg +0.037%
Together, before fees+0.025%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHIBUSDTM0.0000060170.0100pay 0.0100% / 8h1h 49m$4.6M$3.2M75x
ShortAster 1000SHIBUSDT0.0000060190.0100get 0.0100% / 8h1h 49m$41K$336K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
Price spread: +0.038% → +0.037%
$0.05
Slippage, 4 orders
−$56.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$76.49
Costs to cover
0.765%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Aster: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago3.31 bp16.4 bp −$1653.9 bp −$539doesn't fitdoesn't fit
Sell Aster live order book, 58 min ago5.85 bp23.6 bp −$24329.3 bp −$3,293doesn't fitdoesn't fit

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−0.0373%1h0.000006025+0.125%$1.2M$1.0M50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000006050+0.548%$123K$1.6M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006015−0.035%$24K$56K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006022+0.081%$105K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006013−0.073%$568150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.382%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000006015−0.033%$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006016−0.017%$156K$639K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006020+0.050%$3.6M$5.3M10xas long as short
Aster 1000SHIBUSDTshort+0.0100%8h0.000006019+0.038%$41K$336K50x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h0.0000060170.000%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006015−0.031%$30.1M$126.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006011−0.100%$9.2M$43.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006013−0.066%$7.1M$7.4M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006016−0.017%$28.4M$19.5M300xas long as short
KuCoin SHIBUSDTMlong+0.0100%8h0.000006017long leg$4.6M$3.2M75x
Bitget SHIBUSDT+0.0100%8h0.000006012−0.083%$11.4M$17.3M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006027+0.166%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006013−0.066%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006032+0.249%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006025+0.133%$507$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006019+0.033%$410K$573K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006030+0.216%$2.1M$7.6M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006016−0.016%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006012−0.089%$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000006000−0.283%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.0000060170.000%$875K$931K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0248%1h0.000006026+0.150%$47K$65K25xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006011−0.095%$120xas long as short