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SHIB

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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−0.0237%/8h
next payment, per $10,000−$0.30paid, last 24h+0.096%paid, last 5 days+0.073%to open and closeno order book
Long on Kraken FuturesShort on Extended
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.073% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.30 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
LongKraken Futures PF_SHIBUSD0.0000057590.0341pay 0.0043% / 1h27m 11s$1.1M$587K50x
ShortExtended 1000SHIB-USD0.0000057590.0104get 0.0013% / 1h27m 11s$51K$6K25x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
−$49.76
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$64.76
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Extended: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.003%
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 Kraken Futures live order book, 3 min ago4.34 bp19.2 bp −$1930.0 bp −$300doesn't fitdoesn't fit
Sell Extended no order-book sample—————
Extended: 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$294K$923K2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$701—150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h$89K$914K50xas long as short
Injective SHIB/USDC PERP+0.0033%1h$224$74K5.5xas long as short
BingX 1000SHIB-USDT+0.0076%8h—$2.1M—as long as short
Gate SHIB_USDT+0.0079%8h$6.5M$3.8M75xas 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
Aster 1000SHIBUSDT+0.0100%8h$45K$162K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$2K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h$27.8M$55.5M75xas 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$8.7M75xas 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$504$6K10xas long as short
HTX SHIB-USDT+0.0100%8h$393K$724K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.1M50xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h$7K—20xas long as short
Extended 1000SHIB-USDshort+0.0104%1h$51K$6K25x
GMX SHIB/USD [ETH-USDC]L +0.0214% / S −0.2404%1h$1K—100xas long as short
BloFin SHIB-USDT+0.0220%8h$712K$792K50xas long as short
Hyperliquid kSHIB+0.0290%1h$3.4M$1.6M10xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$1—20xas long as short
Kraken Futures PF_SHIBUSDlong+0.0341%1h$1.1M$587K50x
dYdX SHIB-USD+0.5383%1h$34K$54K10xas long as short