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

SHIB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.006%
Price spread now: BingX against Pacifica−0.016%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 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000060890.0100pay 0.0013% / 1h8m 02s$12K$4K10x
ShortBingX 1000SHIB-USDC0.0000060880.0080get 0.0080% / 8h7h 08m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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
−$4.2
Price spread: −0.016% → 0.000%
−$1.64
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$23.84
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; BingX: live order book, 9 min ago. 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 Pacifica no order-book sample
Sell BingX live order book, 9 min ago2.46 bp14.3 bp −$1450.3 bp −$503254.2 bp −$25.4Kdoesn't fit
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
dYdX SHIB-USD0.0000%1h0.000006090+0.016%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006096+0.122%$208K$2.3M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006090+0.016%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h0.000006089−0.002%$741150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.805%$248$134K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0064%1h0.000006108+0.312%$85K$859K50xas long as short
BingX 1000SHIB-USDCshort+0.0080%8h0.000006088−0.016%$1.6M
Lighter 1000SHIB+0.0096%1h0.000006096+0.115%$240K$469K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000006090+0.015%$37K$179K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000006089long leg$12K$4K10x
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h0.000006090+0.024%$30.0M$98.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006088−0.016%$9.3M$35.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006085−0.066%$7.0M$5.7M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006088−0.016%$31.7M$17.0M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000006090+0.016%$4.9M$2.6M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006087−0.033%$11.4M$13.9M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006091+0.033%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006094+0.082%$2K$24K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000006090+0.016%$528$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000006083−0.099%$418K$598K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006092+0.049%$2.2M$6.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006085−0.068%$54K$4K25xas long as short
Paradex kSHIB-USD-PERP+0.0125%8h0.000006085−0.069%$7K$1320xas long as short
Backpack kSHIB_USDC_PERP+0.0201%1h0.000006090+0.016%$23K$7K15xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.462%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006097+0.131%$867K$940K50xas long as short
Kraken Futures PF_SHIBUSD+0.0258%1h0.000006091+0.032%$1.2M$826K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006087−0.032%$120xas long as short
Hyperliquid kSHIB+0.0729%1h0.000006098+0.148%$4.4M$4.0M10xas long as short