Spread before costs (cost unknown: a leg has no order-book sample)−0.373%
7d average—if it closes, per $10,000$37funding 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 | 0.000005894 | 0.0100 | pay 0.0013% / 1h | 58m 32s | $27K | $4K | 15x |
| Short | Gate SHIB_USDT | 0.000005872 | 0.0100 | get 0.0100% / 8h | 5h 58m | $6.6M | $5.2M | 75x |
Backpack kSHIB_USDC_PERP
Gate SHIB_USDTPrice 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
- −$37.33
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.33
- Spread needed to break even
- 0.250%
Slippage unknown: Backpack: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 1.70 bp | 14.2 bp −$14 | 29.4 bp −$294 | doesn't fit | 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
Injective0.000005767+15.340%Extended0.000005871+17.415%
GMX
Injective
ExtendedGate0.000005872+17.440%
dYdX0.000005873+17.468%Binance0.000005873+17.470%Lighter0.000005875+17.500%BingX0.000005875+17.500%Pacifica0.000005877+17.540%Paradex0.000005878+17.561%MEXC0.000005879+17.580%OKX0.000005881+17.620%KuCoin0.000005881+17.620%Bitget0.000005882+17.640%Reya0.000005882+17.640%Aster0.000005883+17.658%BloFin0.000005888+17.760%Hyperliquid0.000005889+17.780%SoDEX0.000005890+17.800%HTX0.000005890+17.800%Deribit0.000005891+17.820%Coinbase International0.000005891+17.820%gTrade (Gains Network)0.000005891+17.822%Kraken Futures0.000005893+17.856%Orderly0.000005893+17.860%
dYdX
Binance
Lighter
BingX
Pacifica
Paradex
MEXC
OKX
KuCoin
Bitget
Reya
Aster
BloFin
Hyperliquid
SoDEX
HTX
Deribit
Coinbase International
gTrade (Gains Network)
Kraken Futures
OrderlyBackpack0.000005894+17.880%
Kalshi0.000005895+17.908%SunX0.000005900+18.000%Phemex0.000005900+18.000%
SunX
PhemexSHIB 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] | −15.168% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.155% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Extended 1000SHIB-USD | −0.394% | +0.0104% | 1h | $52K | $4K | 25x | as long as short |
| Gate SHIB_USDTshort | −0.373% | +0.0100% | 8h | $6.6M | $5.2M | 75x | |
| dYdX SHIB-USD | −0.349% | 0.0000% | 1h | $23K | $66K | 10x | as long as short |
| Binance 1000SHIBUSDT | −0.348% | +0.0100% | 8h | $28.4M | $80.7M | 75x | as long as short |
| Lighter 1000SHIB | −0.322% | +0.0096% | 1h | $150K | $308K | 10x | as long as short |
| BingX 1000SHIB-USDC | −0.322% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Pacifica kSHIB | −0.288% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.270% | +0.0100% | 8h | $7K | — | 20x | as long as short |