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

SHIB

all SHIB markets
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Funding spread now, next payment 14:00 UTC−0.0002%/8h
next payment, per $10,000$0.00paid, last 24h−0.015%paid, last 5 days−0.073%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kSHIB0.0000057490.0100pay 0.0013% / 1h37m 40s$3.3M$1.4M10x
ShortDeribit 1000SHIB_USDC-PERPETUAL0.0000057450.0098get 0.0012% / 1h37m 40s$45K$52K25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$0.35
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$16.35
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.070%
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 Hyperliquid live order book, 5 min ago0.87 bp12.4 bp −$1218.7 bp −$187doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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$288K$837K2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$698150xas long as short
Injective SHIB/USDC PERP+0.0033%1h$224$92K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0048%1h$90K$907K50xas long as short
Gate SHIB_USDT+0.0080%8h$6.4M$3.6M75xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h$154K$180K10xas long as short
Deribit 1000SHIB_USDC-PERPETUALshort+0.0098%1h$45K$52K25x
Hyperliquid kSHIBlong+0.0100%1h$3.3M$1.4M10x
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 1000SHIBUSDT+0.0100%8h$27.7M$52.7M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.5M$17.8M50xas long as short
MEXC SHIB_USDT+0.0100%8h$19.7M$7.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.5M$1.8M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.0M$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$520$6K10xas long as short
HTX SHIB-USDT+0.0100%8h$390K$710K75xas 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+0.0174%1h$1.1M$591K50xas 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$722K$736K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short