SHIB

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTKSHIB_USDT_Perp	0.000004500	+0.0100	pay 0.0100% / 8h	6h 11m	$374K	$862K	10x	Long GRVT
SHORT	Polymarket PerpsKSHIB-USD	0.000004483	−0.0549	pay 0.0069% / 1h	11m 16s	$76K	$179K	10x	Short Polymarket Perps

Price gap−0.383%

Funding gap−0.0649% /8h

Both sides work against this direction now: funding costs $19 a day on $10k and the gap is 0.326% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$108−0.0649% /8h now · paid −1.079% over the last 7D

Price−$33spread −0.383% now, avg −0.057% → −0.326% if it goes back

Costs−$360.362% of $10k · taker + slippage, in and out

Result−$177−1.77%+ 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−0.383%

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

Watch: Large against open interest11.3 / 6.7 bp
$10k is over 10% of Polymarket Perps’s open interest.
Note: Margin at max leverage$1,000 + $1,000
GRVT 10x, Polymarket Perps 10x. 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: −$19.47Long GRVT: 3 payments, −$3.00; short Polymarket Perps: 24 payments, −$16.47.
Watch: Gap narrower than usual−0.383% vs −0.057%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$76K vs $374K OI
Polymarket Perps sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
OK: No KYC on either legGRVT No · Polymarket Perps No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0514%/8h × 21 periods−$107.90

Price spread−0.383% → −0.057% (7d avg)−$32.63

Slippage, 4 orderslive order books−$19.22

Fee GRVT bp × 2 orders−$9.00

Fee Polymarket Perps bp × 2 orders−$8.00

Net · 7 days · $10k−$176.76

Costs to cover0.362%Break-evennever at this rate

Slippage: GRVT: live order book, 51 min ago; Polymarket Perps: live order book, 40 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 · SHORTPolymarket Perps2.196.7 bp−$727.6 bp−$276doesn’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