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SHIB

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 19:00 UTC+0.0023%/8h
paid, last 24h−0.020%paid, last 5 days−0.274%to open and closeno order book
Long on BackpackShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack kSHIB_USDC_PERP0.000005945−0.0022get 0.0003% / 1h44m 11s$27K$4K15x
ShortBingX 1000SHIB-USDT0.0000059420.0001get 0.0001% / 8h5h 44m—$2.1M—

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$4.76
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$15.24
Break-even
29.4 days
Slippage unknown: Backpack: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.050%
Avg gap 7d
—
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack no order-book sample—————
Sell BingX live order book, 10 min ago1.69 bp9.2 bp −$916.2 bp −$16259.4 bp −$5,938134.2 bp −$67.1K
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SHIB on 29 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Backpack kSHIB_USDC_PERPlong−0.0022%1h$27K$4K15x
dYdX SHIB-USD0.0000%1h$23K$66K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h$117K$1.4M2xas long as short
BingX 1000SHIB-USDTshort+0.0001%8h—$2.1M—
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0006%1h$15K—150xas long as short
Kraken Futures PF_SHIBUSD+0.0011%1h$1.1M$731K50xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h$86K$790K50xas long as short
Injective SHIB/USDC PERP+0.0033%1h$236$36K5.5xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0086%1h$42K$64K25xas long as short
Lighter 1000SHIB+0.0096%1h$152K$309K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Paradex kSHIB-USD-PERP+0.0100%8h$7K—20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$40K$159K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$29.0M$81.4M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.7M$26.8M50xas long as short
Gate SHIB_USDT+0.0100%8h$6.7M$5.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h$33.7M$14.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.7M$2.4M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.4M$11.6M75xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h$6K$1K20xas long as short
SunX SHIB-USDT+0.0100%8h$2K$22K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$575$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$398K$657K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.8M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$53K$4K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0214% / S −0.2404%1h$1K—100xas long as short
BloFin SHIB-USDT+0.0220%8h$727K$965K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$1—20xas long as short
Hyperliquid kSHIB+0.0688%1h$4.3M$3.7M10xas long as short