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

SHIB

all SHIB markets
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Funding spread now, next payment 19:00 UTC+0.0223%/8h
paid, last 24h+0.067%paid, last 3 days+0.140%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex u1000SHIBUSDT0.0000059310.0100pay 0.0100% / 8h5h 46m$2.1M$4.8M50x
ShortReya kSHIBRUSDPERP0.0000059370.0323get 0.0040% / 1h46m 04s$120x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$46.74
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$28.74
Break-even
2.7 days
Slippage unknown: Phemex: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.099%
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 ago10.98 bp30.3 bp −$3072.4 bp −$724doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Backpack kSHIB_USDC_PERP−0.0024%1h$27K$4K15xas long as short
dYdX SHIB-USD0.0000%1h$23K$66K10xas long as short
Kalshi KXKSHIBPERP0.0000%8h$117K$1.4M2xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0006%1h$15K150xas long as short
Kraken Futures PF_SHIBUSD+0.0011%1h$1.1M$731K50xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.0016%1h$86K$789K50xas long as short
Injective SHIB/USDC PERP+0.0033%1h$236$36K5.5xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Lighter 1000SHIB+0.0096%1h$151K$308K10xas long as short
Paradex kSHIB-USD-PERP+0.0100%8h$7K20xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster 1000SHIBUSDT+0.0100%8h$40K$159K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Binance 1000SHIBUSDT+0.0100%8h$28.9M$81.3M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.7M$26.8M50xas long as short
Gate SHIB_USDT+0.0100%8h$6.7M$5.3M75xas long as short
MEXC SHIB_USDT+0.0100%8h$33.7M$14.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$4.7M$2.4M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.4M$11.6M75xas 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$570$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$398K$658K75xas long as short
Phemex u1000SHIBUSDTlong+0.0100%8h$2.1M$4.8M50x
Extended 1000SHIB-USD+0.0104%1h$53K$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$733K$963K50xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.0255%1h$42K$64K25xas long as short
Reya kSHIBRUSDPERPshort+0.0323%1h$120x
Hyperliquid kSHIB+0.0693%1h$4.3M$3.7M10xas long as short