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

SHIB

all SHIB markets
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Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h+0.018%paid, last 5 days+0.149%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000058550.0100pay 0.0100% / 8h7h 18m$7.7M$26.1M50x
ShortBackpack kSHIB_USDC_PERP0.0000058530.0100get 0.0013% / 1h18m 42s$27K$5K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$20
Break-even
never at this rate
Slippage unknown: OKX: live order book, 1 min ago; Backpack: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.034%
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 OKX live order book, 1 min ago0.86 bp10.3 bp −$1027.3 bp −$273doesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: 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
Kraken Futures PF_SHIBUSD−0.0331%1h$1.1M$773K50xas long as short
Coinbase International 1000SHIB-PERP-INTX−0.0072%1h$95K$827K50xas long as short
Gate SHIB_USDT−0.0020%8h$6.6M$5.1M75xas long as short
Kalshi KXKSHIBPERP0.0000%8h$112K$1.6M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$36K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0006%1h$15K150xas long as short
Injective SHIB/USDC PERP+0.0033%1h$236$90K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h$152K$308K10xas long as short
Paradex kSHIB-USD-PERP+0.0097%8h$7K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h$39K$183K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$28.3M$79.8M75xas long as short
OKX SHIB-USDT-SWAPlong+0.0100%8h$7.7M$26.1M50x
MEXC SHIB_USDT+0.0100%8h$32.2M$14.3M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.6M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.2M$11.7M75xas long as short
Backpack kSHIB_USDC_PERPshort+0.0100%1h$27K$5K15x
Orderly PERP_1000SHIB_USDC+0.0100%8h$6K$1K20xas long as short
SunX SHIB-USDT+0.0100%8h$2K$22K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$548$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$391K$759K75xas long as short
Extended 1000SHIB-USD+0.0104%1h$52K$6K25xas long as short
GMX SHIB/USD [ETH-USDC]L +0.0213% / S −0.2404%1h$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h$747K$909K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Phemex u1000SHIBUSDT+0.0412%8h$2.1M$4.6M50xas long as short
Hyperliquid kSHIB+0.0417%1h$4.2M$3.6M10xas long as short
dYdX SHIB-USD+0.7174%1h$22K$66K10xas long as short