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

SHIB

all SHIB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 13:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Pacifica−0.017%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 6 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 · Lighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000059970.0100pay 0.0013% / 1h24m 01s$12K$5K10x
ShortLighter 1000SHIB0.0000059960.0096get 0.0012% / 1h24m 01s$172K$622K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.017% → 0.000%
−$1.67
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.51
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 4 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 Lighter live order book, 4 min ago4.99 bp11.4 bp −$1166.2 bp −$662doesn't fitdoesn'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 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
Coinbase International 1000SHIB-PERP-INTX−0.0048%1h0.000005961−0.600%$122K$1.8M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005997+0.005%$145K$3.9M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000005994−0.050%$52K$50K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005990−0.108%$565150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+0.717%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005994−0.050%$1.7Mas long as short
Lighter 1000SHIBshort+0.0096%1h0.000005996−0.017%$172K$622K10x
Aster 1000SHIBUSDT+0.0100%8h0.000005993−0.060%$42K$284K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000005997long leg$12K$5K10x
Binance 1000SHIBUSDT+0.0100%8h0.000005995−0.039%$31.3M$133.0M75xas long as short
Show all 29 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAP+0.0100%8h0.000005991−0.100%$8.7M$49.0M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005992−0.083%$7.1M$6.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005989−0.133%$26.7M$19.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005991−0.100%$4.7M$3.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005990−0.117%$11.5M$18.4M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005994−0.050%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005994−0.050%$7K$2K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006006+0.150%$2K$25K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.000005994−0.050%$527$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005996−0.017%$408K$485K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005990−0.117%$2.1M$7.9M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000005995−0.026%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005987−0.172%$53K$19925xas long as short
Hyperliquid kSHIB+0.0188%1h0.000006002+0.083%$3.6M$5.3M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0211% / S −0.2404%1h0.000005000−16.625%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006000+0.050%$825K$889K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005990−0.118%$120xas long as short
Kraken Futures PF_SHIBUSD+0.0352%1h0.000005995−0.034%$1.2M$1.0M50xas long as short
dYdX SHIB-USD+0.6181%1h0.000005993−0.072%$32K$53K10xas long as short