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

SHIB

all SHIB markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0114%/8h
paid, last 24h−0.029%paid, last 3 days−0.074%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SHIB/USD [ETH-USDC]0.000005000L +0.0214% / S −0.2404%pay 0.0027% / 1h31m 56s$1K100x
ShortBinance 1000SHIBUSDT0.0000057040.0100get 0.0100% / 8h2h 31m$27.5M$53.0M75x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$23.97
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$45.97
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Price risk

price view
Price gap now
+14.080%
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 GMX no order-book sample
Sell Binance live order book, 12 min ago0.87 bp6.4 bp −$613.3 bp −$13356.6 bp −$5,661167.0 bp −$83.5K
GMX: 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
dYdX SHIB-USD0.0000%1h$33K$54K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h$290K$858K2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$45K$52K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$694150xas long as short
Injective SHIB/USDC PERP+0.0033%1h$224$92K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0048%1h$89K$904K50xas long as short
Gate SHIB_USDT+0.0073%8h$6.4M$3.6M75xas long as short
BingX 1000SHIB-USDT+0.0080%8h$2.1Mas long as short
Lighter 1000SHIB+0.0096%1h$153K$180K10xas long as short
Hyperliquid kSHIB+0.0100%1h$3.4M$1.5M10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h$44K$154K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$2K10xas long as short
Binance 1000SHIBUSDTshort+0.0100%8h$27.5M$53.0M75x
OKX SHIB-USDT-SWAP+0.0100%8h$7.4M$17.9M50xas long as short
MEXC SHIB_USDT+0.0100%8h$19.6M$7.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.5M$1.9M75xas long as short
Bitget SHIBUSDT+0.0100%8h$10.9M$8.4M75xas 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$15K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$517$6K10xas long as short
HTX SHIB-USDT+0.0100%8h$389K$712K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$3.9M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h$7K20xas long as short
Extended 1000SHIB-USD+0.0104%1h$51K$6K25xas long as short
Kraken Futures PF_SHIBUSD+0.0175%1h$1.1M$590K50xas long as short
GMX SHIB/USD [ETH-USDC]longL +0.0214% / S −0.2404%1h$1K100x
BloFin SHIB-USDT+0.0220%8h$722K$737K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short