Spread before costs (cost unknown: a leg has no order-book sample)+0.277%
7d average—if it closes, per $10,000$28funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kSHIB_USDC_PERP | 0.000005785 | 0.0100 | pay 0.0013% / 1h | 8m 14s | $24K | $3K | 15x |
| Short | Bitget SHIBUSDT | 0.000005801 | 0.0100 | get 0.0100% / 8h | 1h 08m | $10.9M | $8.9M | 75x |
Backpack kSHIB_USDC_PERP
Bitget SHIBUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $27.66
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $5.66
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.87 bp | 9.6 bp −$10 | 18.6 bp −$186 | 48.0 bp −$4,804 | doesn't fit |
Backpack: 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 price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Coinbase International0.000005737+14.740%Injective0.000005767+15.340%Kalshi0.000005774+15.484%HTX0.000005780+15.600%BloFin0.000005780+15.600%Phemex0.000005780+15.600%
GMX
Coinbase International
Injective
HTX
BloFin
PhemexBackpack0.000005785+15.700%
dYdX0.000005793+15.865%KuCoin0.000005795+15.900%Paradex0.000005795+15.909%Reya0.000005796+15.917%Pacifica0.000005796+15.920%Extended0.000005797+15.935%Lighter0.000005797+15.940%OKX0.000005797+15.940%Gate0.000005797+15.940%SoDEX0.000005797+15.940%MEXC0.000005798+15.960%gTrade (Gains Network)0.000005800+15.992%Aster0.000005800+16.000%BingX0.000005800+16.000%Orderly0.000005800+16.000%
dYdX
KuCoin
Paradex
Reya
Pacifica
Extended
Lighter
OKX
Gate
SoDEX
MEXC
gTrade (Gains Network)
Aster
BingX
OrderlyBitget0.000005801+16.020%
Deribit0.000005801+16.020%Kraken Futures0.000005802+16.032%Binance0.000005802+16.040%Hyperliquid0.000005808+16.160%SunX0.000005812+16.240%
Deribit
Kraken Futures
Binance
Hyperliquid
SunXSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX SHIB/USD [ETH-USDC] | −13.570% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.830% | +0.0008% | 1h | $91K | $873K | 50x | as long as short |
| Injective SHIB/USDC PERP | −0.311% | +0.0033% | 1h | $236 | $110K | 5.5x | as long as short |
| Kalshi KXKSHIBPERP | −0.187% | 0.0000% | 8h | $295K | $932K | 2x | as long as short |
| HTX SHIB-USDT | −0.086% | +0.0100% | 8h | $394K | $732K | 75x | as long as short |
| BloFin SHIB-USDT | −0.086% | +0.0220% | 8h | $721K | $804K | 50x | as long as short |
| Phemex u1000SHIBUSDT | −0.086% | +0.0100% | 8h | $2.1M | $4.2M | 50x | as long as short |
| Backpack kSHIB_USDC_PERPlong | 0.000% | +0.0100% | 1h | $24K | $3K | 15x | |
| dYdX SHIB-USD | +0.143% | +0.6040% | 1h | $34K | $54K | 10x | as long as short |
| KuCoin SHIBUSDTM | +0.173% | +0.0100% | 8h | $4.9M | $2.0M | 75x | as long as short |