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

SHIB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: OKX against Pacifica−0.050%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.050% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kSHIB0.0000059790.0100pay 0.0013% / 1h19m 18s$12K$6K10x
ShortOKX SHIB-USDT-SWAP0.0000059760.0100get 0.0100% / 8h19m 18s$8.8M$43.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.050% → 0.000%
−$5.02
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$23.02
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; OKX: 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 OKX live order book, 4 min ago0.83 bp11.3 bp −$1125.3 bp −$253doesn'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 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
Coinbase International 1000SHIB-PERP-INTX−0.0016%1h0.000006005+0.435%$117K$1.6M50xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005975−0.074%$126K$3.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005977−0.040%$564150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.020%$248$134K5.5xas long as short
BingX 1000SHIB-USDC+0.0070%8h0.000005980+0.017%$1.7Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0085%1h0.0000059790.000%$50K$59K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005981+0.033%$156K$643K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h0.000005978−0.016%$41K$305K50xas long as short
Pacifica kSHIBlong+0.0100%1h0.000005979long leg$12K$6K10x
Binance 1000SHIBUSDT+0.0100%8h0.000005981+0.027%$30.4M$128.0M75xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SHIB-USDT-SWAPshort+0.0100%8h0.000005976−0.050%$8.8M$43.9M50x
Gate SHIB_USDT+0.0100%8h0.000005974−0.084%$7.0M$7.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005972−0.117%$28.6M$20.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005977−0.033%$4.7M$3.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000005976−0.050%$11.3M$17.2M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005980+0.017%$23K$8K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.0000059790.000%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005994+0.251%$2K$27K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h0.0000059790.000%$505$5K10xas long as short
HTX SHIB-USDT+0.0100%8h0.000005970−0.151%$407K$576K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005975−0.067%$2.1M$7.7M50xas long as short
Paradex kSHIB-USD-PERP+0.0103%8h0.000005979+0.007%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000005974−0.076%$53K$4K25xas long as short
Kraken Futures PF_SHIBUSD+0.0201%1h0.000005981+0.037%$1.2M$1.0M50xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0212% / S −0.2404%1h0.000005000−16.374%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005974−0.084%$870K$931K50xas long as short
Hyperliquid kSHIB+0.0250%1h0.000005982+0.050%$3.6M$5.5M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005973−0.099%$120xas long as short
dYdX SHIB-USD+0.4571%1h0.000005975−0.069%$35K$70K10xas long as short