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

SHIB

all SHIB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against SoDEX−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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000SHIB-USD0.0000060670.0100pay 0.0013% / 1h6m 02s$502$5K10x
ShortMEXC SHIB_USDT0.0000060660.0100get 0.0100% / 8h3h 06m$29.6M$19.0M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
Price spread: −0.016% → 0.000%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$9.65
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; MEXC: live order book, 3 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 SoDEX no order-book sample
Sell MEXC live order book, 3 min ago0.83 bp5.5 bp −$510.1 bp −$10154.8 bp −$5,47870.4 bp −$35.2K
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 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−0.0168%1h0.000006051−0.264%$118K$1.6M50xas long as short
Kraken Futures PF_SHIBUSD−0.0065%1h0.000006066−0.015%$1.1M$1.0M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006071+0.065%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006071+0.063%$134K$3.1M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006067−0.007%$573150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.445%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.0000060670.000%$2.3Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0080%1h0.000006068+0.016%$47K$65K25xas long as short
Lighter 1000SHIB+0.0096%1h0.000006070+0.049%$160K$629K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006079+0.198%$3.6M$5.3M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000006072+0.081%$42K$335K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006071+0.061%$31.0M$120.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h0.000006068+0.016%$9.7M$41.4M50xas long as short
Gate SHIB_USDT+0.0100%8h0.000006066−0.016%$7.2M$7.0M75xas long as short
MEXC SHIB_USDTshort+0.0100%8h0.000006066−0.016%$29.6M$19.0M300x
KuCoin SHIBUSDTM+0.0100%8h0.000006068+0.016%$4.7M$3.1M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006070+0.049%$11.5M$16.7M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006068+0.016%$23K$7K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h0.000006064−0.049%$7K$4K20xas long as short
SunX SHIB-USDT+0.0100%8h0.000006077+0.165%$2K$26K20xas long as short
SoDEX 1000SHIB-USDlong+0.0100%1h0.000006067long leg$502$5K10x
HTX SHIB-USDT+0.0100%8h0.000006066−0.016%$412K$587K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006070+0.049%$2.1M$7.3M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006069+0.030%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006066−0.017%$54K$4K25xas long as short
Pacifica kSHIB+0.0188%1h0.000006072+0.082%$12K$5K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.104%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006054−0.214%$929K$913K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006066−0.022%$120xas long as short