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

SHIB

all SHIB markets
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Funding spread now, next payment 16:00 UTC−0.0127%/8h
next payment, per $10,000$0.16paid, last 24h−0.063%paid, last 3 days−0.105%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kSHIBRUSDPERP0.0000059950.0323pay 0.0040% / 1h4m 35s$120x
ShortHyperliquid kSHIB0.0000060020.0195get 0.0024% / 1h4m 35s$3.6M$2.5M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$26.76
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$41.76
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.112%
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 Reya no order-book sample
Sell Hyperliquid live order book, 8 min ago1.68 bp9.4 bp −$914.8 bp −$148doesn't fitdoesn't fit
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
Coinbase International 1000SHIB-PERP-INTX−0.0008%1h$95K$829K50xas long as short
Kalshi KXKSHIBPERP0.0000%8h$255K$1.2M2xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.0000%1h$37K$59K25xas long as short
gTrade (Gains Network) SHIB/USDL +0.0006% / S −0.0001%1h$730150xas long as short
Gate SHIB_USDT+0.0031%8h$6.7M$4.8M75xas long as short
BingX 1000SHIB-USDC+0.0080%8h$1.6Mas long as short
Paradex kSHIB-USD-PERP+0.0096%8h$7K20xas long as short
Lighter 1000SHIB+0.0096%1h$156K$310K10xas long as short
Aster 1000SHIBUSDT+0.0100%8h$44K$175K50xas long as short
Pacifica kSHIB+0.0100%1h$11K$4K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance 1000SHIBUSDT+0.0100%8h$28.8M$71.7M75xas long as short
OKX SHIB-USDT-SWAP+0.0100%8h$7.9M$24.2M50xas long as short
MEXC SHIB_USDT+0.0100%8h$31.1M$12.9M300xas long as short
KuCoin SHIBUSDTM+0.0100%8h$5.0M$2.3M75xas long as short
Bitget SHIBUSDT+0.0100%8h$11.7M$10.6M75xas 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$21K20xas long as short
SoDEX 1000SHIB-USD+0.0100%1h$543$5K10xas long as short
HTX SHIB-USDT+0.0100%8h$407K$805K75xas long as short
Phemex u1000SHIBUSDT+0.0100%8h$2.1M$4.5M50xas long as short
Extended 1000SHIB-USD+0.0104%1h$53K$6K25xas long as short
Hyperliquid kSHIBshort+0.0195%1h$3.6M$2.5M10x
GMX SHIB/USD [ETH-USDC]L +0.0214% / S −0.2404%1h$1K100xas long as short
BloFin SHIB-USDT+0.0220%8h$742K$887K50xas long as short
Injective SHIB/USDC PERP+0.0306%1h$236$110K5.5xas long as short
Reya kSHIBRUSDPERPlong+0.0323%1h$120x
Kraken Futures PF_SHIBUSD+0.0351%1h$1.1M$741K50xas long as short
dYdX SHIB-USD+0.2770%1h$23K$66K10xas long as short