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: OKX against SoDEX+0.016%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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000SHIB-USD0.0000060610.0100pay 0.0013% / 1h7m 34s$504$5K10x
ShortOKX SHIB-USDT-SWAP0.0000060620.0100get 0.0100% / 8h3h 07m$9.7M$41.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 OKX: 5 bp × 2 orders
−$10
Net
−$16.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago0.83 bp11.5 bp −$1226.7 bp −$267doesn't fitdoesn't fit
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%1h0.000006051−0.165%$118K$1.5M50xas long as short
Kraken Futures PF_SHIBUSD−0.0065%1h0.000006061+0.004%$1.1M$1.0M50xas long as short
dYdX SHIB-USD0.0000%1h0.000006061−0.002%$23K$64K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h0.000006052−0.144%$134K$3.1M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h0.000006062+0.016%$47K$65K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S 0.0000%1h0.000006053−0.132%$571150xas long as short
Injective SHIB/USDC PERP+0.0033%1h0.000006040−0.346%$248$134K5.5xas long as short
BingX 1000SHIB-USDT+0.0070%8h0.0000060610.000%$2.3Mas long as short
Lighter 1000SHIB+0.0096%1h0.000006063+0.033%$159K$629K10xas long as short
Hyperliquid kSHIB+0.0100%1h0.000006072+0.181%$3.6M$5.3M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h0.000006063+0.027%$42K$335K50xas long as short
Binance 1000SHIBUSDT+0.0100%8h0.000006067+0.092%$31.0M$120.5M75xas long as short
OKX SHIB-USDT-SWAPshort+0.0100%8h0.000006062+0.016%$9.7M$41.4M50x
Gate SHIB_USDT+0.0100%8h0.0000060610.000%$7.2M$7.0M75xas long as short
MEXC SHIB_USDT+0.0100%8h0.000006060−0.016%$29.6M$19.0M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h0.0000060610.000%$4.7M$3.0M75xas long as short
Bitget SHIBUSDT+0.0100%8h0.000006065+0.066%$11.5M$16.7M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h0.000006059−0.033%$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%8h0.000006071+0.165%$2K$26K20xas long as short
SoDEX 1000SHIB-USDlong+0.0100%1h0.000006061long leg$504$5K10x
HTX SHIB-USDT+0.0100%8h0.000006054−0.115%$415K$587K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h0.000006060−0.016%$2.1M$7.3M50xas long as short
Paradex kSHIB-USD-PERP+0.0101%8h0.000006065+0.060%$7K$1320xas long as short
Extended 1000SHIB-USD+0.0104%1h0.000006059−0.027%$54K$4K25xas long as short
Pacifica kSHIB+0.0188%1h0.000006063+0.033%$12K$5K10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h0.000006000−1.006%$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h0.000006064+0.049%$944K$914K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h0.000006037−0.401%$120xas long as short