SHIB

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTKSHIB_USDT_Perp	0.000004560	+0.0100	pay 0.0100% / 8h	6h 59m	$380K	$890K	10x	Long GRVT
SHORT	TxFlowSHIB-USDC	0.000004565	+0.0073	get 0.0009% / 1h	59m 15s	$12K	$211K	40x	Short TxFlow5% off

Price gap+0.107%

Funding gap−0.0027% /8h

The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 31 days. At the last 7 days' pace that is about 6.7 days.

If you open now and hold

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

Funding−$27−0.0027% /8h now · paid −0.271% over the last 7D

Price+$26spread +0.107% now, avg −0.151% → +0.258% if it goes back

Costs−$460.460% of $10k · taker + slippage, in and out

Result−$47−0.47%+ Points / potential airdropGRVT: points · TxFlow: 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+0.107%

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

Watch: Large against open interest11.3 / 14.2 bp
$10k is over 10% of TxFlow’s open interest.
Note: Margin at max leverage$1,000 + $250
GRVT 10x, TxFlow 40x. 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: −$0.82Long GRVT: 3 payments, −$3.00; short TxFlow: 24 payments, +$2.18.
OK: Entry gap works for you+0.107% vs −0.151%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$12K vs $380K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points · TxFlow points
Volume here counts toward the points program.
OK: No KYC on either legGRVT No · TxFlow 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−0.0129%/8h × 21 periods−$27.11

Price spread+0.107% → −0.151% (7d avg)+$25.78

Slippage, 4 orderslive order books−$28.01

Fee GRVT bp × 2 orders−$9.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$47.34

Costs to cover0.460%Break-evennever at this rate

Slippage: GRVT: live order book, 3 min ago; TxFlow: live order book, 35 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 · SHORTTxFlow1.1114.2 bp−$1473.9 bp−$739doesn’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