Spread before costs (cost unknown: a leg has no order-book sample)+0.054%
7d average—if it closes, per $10,000$5funding while held, a day+$207.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kSHIB_USDC_PERP | 0.000005847 | 0.0100 | pay 0.0013% / 1h | 20m 05s | $27K | $5K | 15x |
| Short | dYdX SHIB-USD | 0.000005850 | 0.7012 | get 0.0877% / 1h | 20m 05s | $22K | $66K | 10x |
Backpack kSHIB_USDC_PERP
dYdX SHIB-USDPrice 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
- $5.43
- Funding while held
- $207.37
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $192.8
- Spread needed to break even
- 0.200%
Slippage unknown: Backpack: no order-book sample; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.6912%
- Per $10,000 a day
- +$207.37
- 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 dYdX no order-book sample | — | — | — | — | — |
Backpack and dYdX: 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
Injective0.000005767+15.340%Reya0.000005841+16.828%KuCoin0.000005842+16.840%Gate0.000005843+16.860%gTrade (Gains Network)0.000005843+16.864%OKX0.000005844+16.880%Orderly0.000005844+16.880%Extended0.000005845+16.893%SoDEX0.000005845+16.900%Paradex0.000005845+16.906%MEXC0.000005846+16.920%Deribit0.000005846+16.920%HTX0.000005846+16.920%Kraken Futures0.000005847+16.935%Lighter0.000005847+16.940%BingX0.000005847+16.940%
GMX
Injective
Reya
KuCoin
Gate
gTrade (Gains Network)
OKX
Orderly
Extended
SoDEX
Paradex
MEXC
Deribit
HTX
Kraken Futures
Lighter
BingXBackpack0.000005847+16.940%
Pacifica0.000005848+16.960%Kalshi0.000005848+16.960%Aster0.000005849+16.977%Binance0.000005849+16.980%Bitget0.000005850+17.000%Phemex0.000005850+17.000%
Pacifica
Aster
Binance
Bitget
PhemexdYdX0.000005850+17.004%
Hyperliquid0.000005856+17.120%SunX0.000005858+17.160%BloFin0.000005864+17.280%Coinbase International0.000005900+18.000%
Hyperliquid
SunX
BloFin
Coinbase InternationalSHIB 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] | −14.486% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.368% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Reya kSHIBRUSDPERP | −0.096% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| KuCoin SHIBUSDTM | −0.086% | +0.0100% | 8h | $4.6M | $2.5M | 75x | as long as short |
| Gate SHIB_USDT | −0.068% | −0.0001% | 8h | $6.6M | $5.1M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.065% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| OKX SHIB-USDT-SWAP | −0.051% | +0.0100% | 8h | $7.7M | $26.1M | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.051% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Extended 1000SHIB-USD | −0.040% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| SoDEX 1000SHIB-USD | −0.034% | +0.0100% | 1h | $549 | $5K | 10x | as long as short |