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

SHIB

all SHIB markets
SwapPrice view
Alert
Measured
My alerts

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 15:00 UTC−0.0108%/8h
next payment, per $10,000−$0.14paid, last 24h−0.032%paid, last 5 days−0.292%to open and closeno order book
Long on BackpackShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack kSHIB_USDC_PERP0.0000059800.0100pay 0.0013% / 1h8m 03s$27K$4K15x
ShortCoinbase International 1000SHIB-PERP-INTX0.000005970−0.0008pay 0.0001% / 1h8m 03s$95K$829K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$22.68
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$42.68
Break-even
never at this rate
Slippage unknown: Backpack: no order-book sample; Coinbase International: live order book, 22 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.167%
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 Coinbase International live order book, 22 min ago8.54 bp13.5 bp −$1419.2 bp −$192doesn't fitdoesn'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-INTXshort−0.0008%1h$95K$829K50x
Kalshi KXKSHIBPERP0.0000%8h$254K$1.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$37K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$727—150xas long as short
Gate SHIB_USDT+0.0041%8h$6.7M$4.8M75xas long as short
BingX 1000SHIB-USDC+0.0080%8h—$1.6M—as long as short
Paradex kSHIB-USD-PERP+0.0095%8h$7K—20xas long as short
Lighter 1000SHIB+0.0096%1h$157K$309K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h$44K$175K50xas 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$28.7M$71.2M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.9M$24.1M50xas long as short
MEXC SHIB_USDT+0.0100%8h$31.2M$12.8M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$5.0M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.6M$10.5M75xas long as short
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$21K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$540$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$412K$809K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.4M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$53K$6K25xas long as short
Hyperliquid kSHIB+0.0197%1h$3.6M$2.4M10xas 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$744K$880K50xas long as short
Injective SHIB/USDC PERP+0.0306%1h$236$110K5.5xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$1—20xas long as short
Kraken Futures PF_SHIBUSD+0.0352%1h$1.1M$740K50xas long as short
dYdX SHIB-USD+0.2987%1h$23K$66K10xas long as short