SHIB

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTKSHIB_USDT_Perp	0.000004486	+0.0100	pay 0.0100% / 8h	6h 09m	$373K	$862K	10x	Long GRVT
SHORT	Deribit1000SHIB_USDC-PERPETUAL	0.000004494	0	0.0000% / 1h	9m 18s	$208K	$2.2M	25x	Short Deribit

Price gap+0.178%

Funding gap−0.0100% /8h

The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 8.1 days.

If you open now and hold

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

Funding−$25−0.0100% /8h now · paid −0.250% over the last 7D

Price+$24spread +0.178% now, avg −0.066% → +0.244% if it goes back

Costs−$410.412% of $10k · taker + slippage, in and out

Result−$42−0.42%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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+0.178%

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

3 ok · 3 to watch

OK: Fits both order books11.3 / 10.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $400
GRVT 10x, Deribit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$3.00Long GRVT: 3 payments, −$3.00; short Deribit: 24 payments, $0.00.
OK: Entry gap works for you+0.178% vs −0.066%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$208K vs $373K 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: KYCGRVT No · Deribit Yes
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−0.0119%/8h × 21 periods−$24.99

Price spread+0.178% → −0.066% (7d avg)+$24.45

Slippage, 4 orderslive order books−$25.20

Fee GRVT bp × 2 orders−$9.00

Fee Deribit bp × 2 orders−$7.00

Net · 7 days · $10k−$41.74

Costs to cover0.412%Break-evennever at this rate

Slippage: GRVT: live order book, 53 min ago; Deribit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT3.2911.3 bp−$1125.7 bp−$257doesn’t fitdoesn’t fit

SELL · SHORTDeribit6.6910.2 bp−$1018.6 bp−$186doesn’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