SHIB

Alert

Funding spread now, next payment 15:00 UTC+0.0220%/8h

paid, last 24h+0.001%paid, last 7 days+0.069%to open and close $10k−$37

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 1000SHIBUSDT	0.000005838	0.0100	pay 0.0100% / 8h	1h 05m	$28.3M	$57.7M	75x
Short	Hyperliquid kSHIB	0.000005841	0.0320	get 0.0040% / 1h	5m 00s	$3.4M	$1.9M	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee HyperliquidbpOrdersRate

Funding earned: $46.15
Slippage, 4 orders: −$18.43
Fee Binance: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.72
Break-even: 5.7 days

Slippage from Binance: live order book, 9 min ago; Hyperliquid: live order book, 8 min ago.

Price risk

price view

Price gap now: +0.051%
Avg gap 7d: +0.051%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	0.87 bp	10.1 bp −$10	16.2 bp −$162	59.5 bp −$5,954	190.4 bp −$95.2K
Sell Hyperliquid live order book, 8 min ago	2.60 bp	11.9 bp −$12	20.2 bp −$202	doesn't fit	doesn't fit

SHIB on 29 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kalshi KXKSHIBPERP	0.0000%	8h	$297K	$933K	2x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0007% / S −0.0014%	1h	$2K	—	150x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.0008%	1h	$91K	$873K	50x	as long as short
Injective SHIB/USDC PERP	+0.0033%	1h	$236	$110K	5.5x	as long as short
Gate SHIB_USDT	+0.0071%	8h	$6.6M	$4.0M	75x	as long as short
BingX 1000SHIB-USDT	+0.0080%	8h	—	$2.2M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	$161K	$202K	10x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	$46K	$163K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	$11K	$2K	10x	as long as short
Binance 1000SHIBUSDTlong	+0.0100%	8h	$28.3M	$57.7M	75x

Show all 29 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX SHIB-USDT-SWAP	+0.0100%	8h	$7.5M	$19.7M	50x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	$20.0M	$8.5M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	$4.9M	$2.0M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	$11.0M	$9.0M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	$24K	$3K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	$6K	$1K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	$2K	$17K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	$507	$6K	10x	as long as short
HTX SHIB-USDT	+0.0100%	8h	$400K	$742K	75x	as long as short
Phemex u1000SHIBUSDT	+0.0100%	8h	$2.1M	$4.2M	50x	as long as short
Paradex kSHIB-USD-PERP	+0.0100%	8h	$7K	—	20x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	$52K	$6K	25x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0214% / S −0.2404%	1h	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	$724K	$813K	50x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.0265%	1h	$46K	$52K	25x	as long as short
Hyperliquid kSHIBshort	+0.0320%	1h	$3.4M	$1.9M	10x
Reya kSHIBRUSDPERP	+0.0323%	1h	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	+0.0337%	1h	$1.1M	$651K	50x	as long as short
dYdX SHIB-USD	+0.5752%	1h	$34K	$54K	10x	as long as short