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

SHIB

all SHIB markets
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Funding spread now, next payment 15:00 UTC+0.0069%/8h
paid, last 24h+0.002%paid, last 5 days+0.048%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000SHIB_USDC0.0000056780.0100pay 0.0100% / 8h1h 51m$6K$1K20x
ShortHyperliquid kSHIB0.0000056900.0169get 0.0021% / 1h51m 28s$3.3M$1.6M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$14.59
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$0.41
Break-even
7.2 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.211%
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 Orderly no order-book sample
Sell Hyperliquid live order book, 1 min ago1.76 bp9.5 bp −$1017.1 bp −$171doesn't fitdoesn't fit
Orderly: 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$288K$925K2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$45K$52K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$691150xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0008%1h$89K$895K50xas long as short
Injective SHIB/USDC PERP+0.0033%1h$224$74K5.5xas long as short
Gate SHIB_USDT+0.0078%8h$6.4M$3.7M75xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h$152K$183K10xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h$6K20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$43K$156K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica kSHIB+0.0100%1h$11K$2K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$27.3M$54.9M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.4M$18.2M50xas long as short
MEXC SHIB_USDT+0.0100%8h$19.4M$8.1M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.6M$1.9M75xas long as short
Bitget SHIBUSDT+0.0100%8h$10.8M$8.5M75xas long as short
Backpack kSHIB_USDC_PERP+0.0100%1h$24K$3K15xas long as short
Orderly PERP_1000SHIB_USDClong+0.0100%8h$6K$1K20x
SunX SHIB-USDT+0.0100%8h$2K$16K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$506$6K10xas long as short
HTX SHIB-USDT+0.0100%8h$386K$716K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.0M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$50K$6K25xas long as short
Hyperliquid kSHIBshort+0.0169%1h$3.3M$1.6M10x
GMX SHIB/USD [ETH-USDC]L +0.0214% / S −0.2404%1h$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h$710K$764K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Kraken Futures PF_SHIBUSD+0.0345%1h$1.1M$586K50xas long as short
dYdX SHIB-USD+0.5965%1h$33K$54K10xas long as short