SHIB

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_SHIBUSD	0.000004638	+0.0450	pay 0.0056% / 1h	51m 44s	$774K	$1.1M	50x	Long Kraken Futures
SHORT	GRVTKSHIB_USDT_Perp	0.000004634	+0.0100	get 0.0100% / 8h	7h 51m	$384K	$875K	10x	Short GRVT

Price gap−0.081%

Funding gap−0.0350% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.122% 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−$17−0.0350% /8h now · paid −0.173% over the last 7D

Price−$12spread −0.081% now, avg +0.041% → −0.122% if it goes back

Costs−$760.755% of $10k · taker + slippage, in and out

Result−$105−1.05%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.173% in total, about −0.0082%/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−0.081%

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

1 ok · 5 to watch

Watch: Thin at this size32.9 / 8.4 bp
At $10k entering Kraken Futures costs 32.9 bp, fee and slippage, 3.9× GRVT’s.
Note: Margin at max leverage$200 + $1,000
Kraken Futures 50x, 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: −$10.51Long Kraken Futures: 24 payments, −$13.51; short GRVT: 3 payments, +$3.00.
Watch: Gap narrower than usual−0.081% vs +0.041%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$384K vs $774K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · GRVT No
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Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0082%/8h × 21 periods−$17.28

Price spread−0.081% → +0.041% (7d avg)−$12.21

Slippage, 4 orderslive order books−$56.52

Fee Kraken Futures bp × 2 orders−$10.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$105.01

Costs to cover0.755%Break-evennever at this rate

Slippage: Kraken Futures: live order book, 5 min ago; GRVT: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures5.4132.9 bp−$33128.7 bp−$1,287doesn’t fitdoesn’t fit

SELL · SHORTGRVT3.238.4 bp−$820.7 bp−$207doesn’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