SHIB

Alert

Funding spread now, next payment 16:00 UTC−0.0260%/8h

paid, last 24h+0.088%paid, last 7 days+0.153%to open and close $10k−$82

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SHIBUSD	0.000005859	0.0360	pay 0.0045% / 1h	24m 47s	$1.1M	$725K	50x
Short	HTX SHIB-USDT	0.000005860	0.0100	get 0.0100% / 8h	24m 47s	$399K	$796K	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HTXbpOrdersRate

Funding earned: −$54.58
Slippage, 4 orders: −$59.76
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$136.34
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 min ago; HTX: live order book, 25 min ago.

Price risk

price view

Price gap now: +0.020%
Avg gap 7d: −0.028%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 5 min ago	4.26 bp	15.6 bp −$16	27.5 bp −$275	doesn't fit	doesn't fit
Sell HTX live order book, 25 min ago	8.44 bp	16.1 bp −$16	101.2 bp −$1,012	doesn't fit	doesn't fit

SHIB on 29 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International 1000SHIB-PERP-INTX	−0.0008%	1h	$95K	$851K	50x	as long as short
Kalshi KXKSHIBPERP	0.0000%	8h	$250K	$1.2M	2x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	0.0000%	1h	$36K	$59K	25x	as long as short
gTrade (Gains Network) SHIB/USD	L +0.0007% / S −0.0008%	1h	$1K	—	150x	as long as short
Gate SHIB_USDT	+0.0060%	8h	$6.6M	$4.6M	75x	as long as short
BingX 1000SHIB-USDC	+0.0080%	8h	—	$1.6M	—	as long as short
Lighter 1000SHIB	+0.0096%	1h	$155K	$306K	10x	as long as short
Paradex kSHIB-USD-PERP	+0.0097%	8h	$7K	—	20x	as long as short
Aster 1000SHIBUSDT	+0.0100%	8h	$43K	$173K	50x	as long as short
Pacifica kSHIB	+0.0100%	1h	$11K	$4K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance 1000SHIBUSDT	+0.0100%	8h	$28.1M	$68.6M	75x	as long as short
OKX SHIB-USDT-SWAP	+0.0100%	8h	$7.6M	$22.6M	50x	as long as short
MEXC SHIB_USDT	+0.0100%	8h	$30.7M	$12.5M	300x	as long as short
KuCoin SHIBUSDTM	+0.0100%	8h	$4.9M	$2.2M	75x	as long as short
Bitget SHIBUSDT	+0.0100%	8h	$11.1M	$10.1M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.0100%	1h	$27K	$4K	15x	as long as short
Orderly PERP_1000SHIB_USDC	+0.0100%	8h	$6K	$1K	20x	as long as short
SunX SHIB-USDT	+0.0100%	8h	$2K	$20K	20x	as long as short
SoDEX 1000SHIB-USD	+0.0100%	1h	$521	$5K	10x	as long as short
HTX SHIB-USDTshort	+0.0100%	8h	$399K	$796K	75x
Phemex u1000SHIBUSDT	+0.0100%	8h	$2.1M	$4.3M	50x	as long as short
Extended 1000SHIB-USD	+0.0104%	1h	$52K	$6K	25x	as long as short
Hyperliquid kSHIB	+0.0205%	1h	$3.6M	$2.3M	10x	as long as short
GMX SHIB/USD [ETH-USDC]	L +0.0214% / S −0.2404%	1h	$1K	—	100x	as long as short
BloFin SHIB-USDT	+0.0220%	8h	$744K	$844K	50x	as long as short
Injective SHIB/USDC PERP	+0.0306%	1h	$236	$110K	5.5x	as long as short
Reya kSHIBRUSDPERP	+0.0323%	1h	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSDlong	+0.0360%	1h	$1.1M	$725K	50x
dYdX SHIB-USD	+0.3197%	1h	$22K	$66K	10x	as long as short