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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against SoDEX+0.008%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000SHIB-USD0.0000059550.0100pay 0.0013% / 1h40m 09s$485$5K10x
ShortExtended 1000SHIB-USD0.0000059550.0104get 0.0013% / 1h40m 09s$53K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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: +0.008% → 0.000%
$0.78
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.38
Costs to cover
0.130%
Break-even
101.8 days
Slippage unknown: SoDEX: no order-book sample; Extended: 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 SoDEX no order-book sample
Sell Extended no order-book sample
SoDEX and Extended: 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
Kraken Futures PF_SHIBUSD−0.0354%1h0.000005954−0.009%$1.1M$929K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0088%1h0.000005921−0.571%$124K$1.1M50xas long as short
dYdX SHIB-USD0.0000%1h0.000005961+0.099%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000005960+0.077%$191K$2.3M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000005955+0.005%$562150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040+1.427%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0080%8h0.000005959+0.067%$2.1Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0086%1h0.000005960+0.084%$46K$61K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000005956+0.017%$160K$604K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000005959+0.067%$3.6M$4.8M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000005960+0.090%$40K$321K50xas long as short
Pacifica kSHIB+0.0100%1h0.000005966+0.185%$12K$5K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000005952−0.046%$29.2M$103.5M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000005952−0.050%$9.2M$36.2M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000005954−0.017%$6.9M$5.9M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000005957+0.034%$29.8M$17.7M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.000005957+0.034%$4.8M$2.7M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.0000059550.000%$11.3M$14.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000005956+0.017%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000005959+0.067%$6K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000005977+0.369%$2K$24K20xas long as short
SoDEX 1000SHIB-USDlong+0.0100%1h0.000005955long leg$485$5K10x
HTX SHIB-USDT+0.0100%8h0.000005957+0.034%$407K$566K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000005960+0.084%$2.1M$6.8M50xas long as short
Extended 1000SHIB-USDshort+0.0104%1h0.000005955+0.008%$53K$4K25x
Paradex kSHIB-USD-PERP+0.0111%8h0.000005967+0.195%$7K$1320xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000005000−16.037%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000005949−0.101%$869K$886K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000005959+0.063%$120xas long as short