data as of
Settings8H · net · $10k
Funding arb /

SHIB

all SHIB markets
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Funding spread now, next payment 16:00 UTC0.0000%/8h
paid, last 24h−0.018%paid, last 5 days−0.193%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack kSHIB_USDC_PERP0.0000059280.0100pay 0.0013% / 1h17m 12s$27K$4K15x
ShortBitget SHIBUSDT0.0000059260.0100get 0.0100% / 8h17m 12s$11.2M$10.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22
Break-even
never at this rate
Slippage unknown: Backpack: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.034%
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 Bitget live order book, 3 min ago0.85 bp11.6 bp −$1222.1 bp −$22181.6 bp −$8,157doesn't fit
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
Coinbase International 1000SHIB-PERP-INTX−0.0008%1h$95K$821K50xas long as short
Kalshi KXKSHIBPERP0.0000%8h$249K$1.2M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$721150xas long as short
Gate SHIB_USDT+0.0050%8h$6.7M$4.6M75xas long as short
BingX 1000SHIB-USDT+0.0070%8h$2.2Mas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0087%1h$37K$59K25xas long as short
Paradex kSHIB-USD-PERP+0.0095%8h$7K20xas long as short
Lighter 1000SHIB+0.0096%1h$156K$307K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h$44K$173K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h$28.4M$69.7M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.7M$23.2M50xas long as short
MEXC SHIB_USDT+0.0100%8h$30.9M$12.6M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$5.0M$2.2M75xas long as short
Bitget SHIBUSDTshort+0.0100%8h$11.2M$10.2M75x
Backpack kSHIB_USDC_PERPlong+0.0100%1h$27K$4K15x
Orderly PERP_1000SHIB_USDC+0.0100%8h$6K$1K20xas long as short
SunX SHIB-USDT+0.0100%8h$2K$20K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$525$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$404K$798K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.0M$4.4M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$52K$6K25xas long as short
Hyperliquid kSHIB+0.0212%1h$3.5M$2.4M10xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0214% / S −0.2404%1h$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h$742K$859K50xas long as short
Injective SHIB/USDC PERP+0.0306%1h$236$110K5.5xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Kraken Futures PF_SHIBUSD+0.0356%1h$1.1M$724K50xas long as short
dYdX SHIB-USD+0.3580%1h$23K$66K10xas long as short