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

SHIB

all SHIB markets
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Funding spread now, next payment 18:00 UTC−0.0013%/8h
paid, last 24h−0.015%paid, last 5 days−0.047%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SHIB-USDT-SWAP0.0000059500.0100pay 0.0100% / 8h6h 52m$7.8M$26.5M50x
ShortDeribit 1000SHIB_USDC-PERPETUAL0.0000059350.0087get 0.0011% / 1h52m 46s$42K$64K25x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$2.71
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$19.71
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.252%
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, 2 min ago0.85 bp10.0 bp −$1027.4 bp −$274doesn'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
Coinbase International 1000SHIB-PERP-INTX−0.0048%1h$87K$836K50xas long as short
Kalshi KXKSHIBPERP0.0000%8h$102K$1.6M2xas 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$53K5.5xas long as short
Kraken Futures PF_SHIBUSD+0.0042%1h$1.1M$794K50xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Deribit 1000SHIB_USDC-PERPETUALshort+0.0087%1h$42K$64K25x
Lighter 1000SHIB+0.0096%1h$152K$303K10xas long as short
Paradex kSHIB-USD-PERP+0.0098%8h$7K20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$40K$183K50xas 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$28.9M$80.0M75xas long as short
OKX SHIB-USDT-SWAPlong+0.0100%8h$7.8M$26.5M50x
Gate SHIB_USDT+0.0100%8h$6.7M$5.1M75xas long as short
MEXC SHIB_USDT+0.0100%8h$33.2M$14.4M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.7M$2.5M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.4M$11.7M75xas 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$22K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$546$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$397K$721K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.7M50xas 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$739K$918K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Hyperliquid kSHIB+0.0504%1h$4.3M$3.7M10xas long as short
dYdX SHIB-USD+0.5304%1h$23K$66K10xas long as short