SHIB

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Deribit1000SHIB_USDC-PERPETUAL	0.000004575	−0.0624	get 0.0078% / 1h	57m 55s	$114K	$1.7M	25x	Long Deribit
SHORT	GRVTKSHIB_USDT_Perp	0.000004560	+0.0100	get 0.0100% / 8h	6h 57m	$380K	$890K	10x	Short GRVT

Price gap−0.325%62s

Funding gap+0.0724% /8h

Funding pays +$22 a day on $10k, but the gap is 0.392% under its 7d average: −$39 if it goes back, about 43 hours of funding. At the last 7 days' pace that is about 11 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$24+0.0724% /8h now · paid +0.242% over the last 7D

Price—spread −0.325%62s now · prices read too far apart to compare

Costs−$390.388% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.242% in total, about +0.0115%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.325%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SHIB on 31 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

OK: Fits both order books9.0 / 9.6 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$400 + $1,000
Deribit 25x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$21.71Long Deribit: 24 payments, +$18.71; short GRVT: 3 payments, +$3.00.
Watch: Prices read 62 s apart−0.325% vs +0.067%
Part of this gap may be the market moving.
Watch: Long leg is thinner$114K vs $380K OI
Deribit sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCDeribit Yes · GRVT No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0115%/8h × 21 periods+$24.21

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$22.80

Fee Deribit bp × 2 orders−$7.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$14.58

price spread not counted: prices read too far apart

Costs to cover0.388%Break-even11.2 days

Slippage: Deribit: live order book, 4 min ago; GRVT: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit5.499.0 bp−$916.2 bp−$162doesn’t fitdoesn’t fit

SELL · SHORTGRVT3.299.6 bp−$1023.4 bp−$234doesn’t fitdoesn’t fit

Closing costs about the same again.

SHIB news

posts that mention SHIB, from every exchangeSearch all news →

10-29 01:05	MEXC	Listing	SHIB_USDC no longer reported ($SHIB) seen by our collector
10-07 09:58	dYdX	Listing	SHIB-USD no longer reported ($SHIB) seen by our collector
09-28 17:53	Phoenix	Listing	Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:02	Phoenix	Listing	new market kSHIB ($SHIB) seen by our collector