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

SHIB

all SHIB markets
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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−0.0222%/8h
next payment, per $10,000−$0.28paid, last 24h−0.043%paid, last 3 days−0.179%to open and closeno order book
Long on GMXShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SHIB/USD [ETH-USDC]0.000005000L +0.0214% / S −0.2404%pay 0.0027% / 1h39m 10s$1K—100x
ShortCoinbase International 1000SHIB-PERP-INTX0.000005894−0.0008pay 0.0001% / 1h39m 10s$91K$883K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$46.69
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$68.69
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 56 min ago. Net counts fees only.

Price risk

price view
Price gap now
+17.880%
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 Coinbase International live order book, 56 min ago6.96 bp13.7 bp −$1419.2 bp −$192doesn't fitdoesn't fit
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
Coinbase International 1000SHIB-PERP-INTXshort−0.0008%1h$91K$883K50x
dYdX SHIB-USD0.0000%1h$23K$66K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h$264K$1.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$37K$63K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0007% / S −0.0008%1h$1K—150xas long as short
BingX 1000SHIB-USDT+0.0070%8h—$2.2M—as long as short
Gate SHIB_USDT+0.0080%8h$6.7M$4.4M75xas long as short
Lighter 1000SHIB+0.0096%1h$168K$274K10xas long as short
Paradex kSHIB-USD-PERP+0.0097%8h$7K—20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$46K$170K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$28.6M$65.6M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.7M$22.2M50xas long as short
MEXC SHIB_USDT+0.0100%8h$33.2M$10.2M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.9M$2.2M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.2M$9.9M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h$27K$4K15xas long as short
Orderly PERP_1000SHIB_USDC+0.0100%8h$6K$1K20xas long as short
SunX SHIB-USDT+0.0100%8h$2K$19K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$516$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$401K$785K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.3M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$52K$6K25xas long as short
GMX SHIB/USD [ETH-USDC]longL +0.0214% / S −0.2404%1h$1K—100x
BloFin SHIB-USDT+0.0220%8h$739K$849K50xas long as short
Hyperliquid kSHIB+0.0226%1h$3.6M$2.2M10xas 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+0.0358%1h$1.1M$682K50xas long as short