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

SHIB

all SHIB markets
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Funding spread now, next payment 14:00 UTC+0.5298%/8h
next payment, per $10,000+$6.62paid, last 24h+0.611%paid, last 5 days+1.096%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 1.096% in total (about 81.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International 1000SHIB-PERP-INTX0.0000056950.0008pay 0.0001% / 1h31m 26s$88K$902K50x
ShortdYdX SHIB-USD0.0000057610.5306get 0.0663% / 1h31m 26s$34K$54K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$1,112.53
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$1,092.53
Break-even
0.1 days
Slippage unknown: Coinbase International: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+1.168%
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 Coinbase International live order book, 3 min ago6.96 bp12.0 bp −$1217.0 bp −$170doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Kalshi KXKSHIBPERP0.0000%8h$292K$922K2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$700150xas long as short
Coinbase International 1000SHIB-PERP-INTXlong+0.0008%1h$88K$902K50x
Injective SHIB/USDC PERP+0.0033%1h$224$74K5.5xas long as short
Gate SHIB_USDT+0.0079%8h$6.5M$3.8M75xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h$153K$186K10xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0097%1h$46K$52K25xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h$7K20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$45K$162K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h$11K$2K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$27.9M$55.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.5M$18.7M50xas long as short
MEXC SHIB_USDT+0.0100%8h$20.1M$8.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.6M$1.9M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.0M$8.6M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h$24K$3K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h$6K$1K20xas long as short
SunX SHIB-USDT+0.0100%8h$2K$16K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$511$6K10xas long as short
HTX SHIB-USDT+0.0100%8h$393K$722K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.1M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$51K$6K25xas 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$710K$785K50xas long as short
Hyperliquid kSHIB+0.0295%1h$3.4M$1.6M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Kraken Futures PF_SHIBUSD+0.0341%1h$1.1M$586K50xas long as short
dYdX SHIB-USDshort+0.5306%1h$34K$54K10x