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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against KuCoin+0.034%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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SHIBUSDTM0.0000059430.0100pay 0.0100% / 8h4h 07m$4.7M$3.3M75x
ShortSoDEX 1000SHIB-USD0.0000059450.0100get 0.0013% / 1h7m 11s$518$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.034% → 0.000%
$3.37
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$16.63
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; SoDEX: 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 KuCoin live order book, 4 min ago2.52 bp23.5 bp −$2347.4 bp −$474doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXKSHIBPERP0.0000%8h0.000005952+0.151%$145K$4.0M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005946+0.057%$561150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h0.000005955+0.202%$128K$1.8M50xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.632%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.000005945+0.034%$2.2Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0086%1h0.000005948+0.084%$51K$50K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005948+0.084%$170K$625K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005950+0.118%$3.6M$5.2M10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005944+0.013%$42K$285K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005956+0.219%$12K$5K10xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000005944+0.017%$30.9M$132.4M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005939−0.067%$8.6M$48.3M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005944+0.017%$7.0M$6.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005939−0.067%$27.0M$19.3M300xas long as short
KuCoin SHIBUSDTMlong+0.0100%8h0.000005943long leg$4.7M$3.3M75x
Bitget SHIBUSDT+0.0100%8h0.000005945+0.034%$11.5M$18.1M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005948+0.084%$6K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005958+0.252%$2K$25K20xas long as short
SoDEX 1000SHIB-USDshort+0.0100%1h0.000005945+0.034%$518$5K10x
HTX SHIB-USDT+0.0100%8h0.000005948+0.084%$404K$488K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005941−0.034%$2.1M$7.9M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000005951+0.133%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005941−0.038%$53K$39625xas long as short
Backpack kSHIB_USDC_PERP+0.0128%1h0.000005945+0.034%$23K$8K15xas long as short
Kraken Futures PF_SHIBUSD+0.0210%1h0.000005946+0.056%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0211% / S −0.2404%1h0.000005000−15.867%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005941−0.034%$827K$888K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005941−0.027%$120xas long as short
dYdX SHIB-USD+0.6681%1h0.000005951+0.140%$31K$52K10xas long as short