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

SHIB

all SHIB markets
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Funding spread now, next payment 18:00 UTC−0.0067%/8h
paid, last 24h−0.010%paid, last 4 days−0.076%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex u1000SHIBUSDT0.0000058900.0100pay 0.0100% / 8h6h 06m$2.1M$4.8M50x
ShortInjective SHIB/USDC PERP0.0000057670.0033get 0.0004% / 1h6m 09s$236$53K5.5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$14
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$26.02
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−2.088%
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 Phemex live order book, 4 min ago8.46 bp24.8 bp −$2585.9 bp −$859doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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$86K$783K50xas long as short
BingX 1000SHIB-USDT−0.0036%8h$2.1Mas long as short
Kalshi KXKSHIBPERP0.0000%8h$114K$1.4M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$42K$64K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0006%1h$15K150xas long as short
Injective SHIB/USDC PERPshort+0.0033%1h$236$53K5.5x
Kraken Futures PF_SHIBUSD+0.0042%1h$1.1M$737K50xas long as short
Lighter 1000SHIB+0.0096%1h$150K$307K10xas long as short
Paradex kSHIB-USD-PERP+0.0099%8h$7K20xas long as short
Aster 1000SHIBUSDT+0.0100%8h$40K$160K50xas 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$28.4M$80.2M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.7M$26.1M50xas long as short
Gate SHIB_USDT+0.0100%8h$6.6M$5.2M75xas long as short
MEXC SHIB_USDT+0.0100%8h$33.6M$15.1M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.7M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.4M$11.4M75xas 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$571$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$395K$675K75xas long as short
Phemex u1000SHIBUSDTlong+0.0100%8h$2.1M$4.8M50x
Extended 1000SHIB-USD+0.0104%1h$52K$4K25xas 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$743K$952K50xas long as short
Reya kSHIBRUSDPERP+0.0323%1h$120xas long as short
Hyperliquid kSHIB+0.0508%1h$4.3M$3.6M10xas long as short
dYdX SHIB-USD+0.2149%1h$23K$66K10xas long as short