SHPING — price, funding and open interest
SHPING/USDT perpetual on Coinbase: price 0.0005420, 24h turnover $36K. Updated in real time.
What this is
Payments and transfersShping pays shoppers for scanning barcodes in a store: a person checks what is in the product and receives coins, while the brand gets direct contact at the moment of choice. The scheme is clear and quite down to earth — essentially a loyalty programme on a blockchain. What this shows: such projects live on brand contracts, and the token here is closer to a coupon than to a share in the business; the price is nearly a hundred per cent below its January 2022 peak with a market cap under a million. Here it trades on Coinbase spot.
Chart
Chart built from data of Coinbase
What the data shows
SHPING trades at 0.0005420, +4.23% over 24 hours. We do not have a year of history for this coin yet.
There is only one venue — Coinbase — and no second price source: if it drifted from the market, there would be nothing to notice it by.
NATR is 1.08% on the minute and 1.92% on the hour — price grinds: the hourly range is barely wider than the minute one.
SHPING correlation with Bitcoin over 24 hours is 0.12 — it goes its own way, barely looking at Bitcoin.
24-hour turnover is $36K.
The daily range is 9.8% and five-minute NATR is 1.19%.
Over the day +4.23%, over the hour +1.50%, over the last five minutes +0.18% — the pace is steady.
By turnover it ranks 1608 of 1908 instruments in the screener.
By daily range it ranks 464 of 1908.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now SHPING is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — payments and transfers. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.