Spread before costs (cost unknown: a leg has no order-book sample)−15.483%
7d average—if it closes, per $10,000$1548funding while held, a day+$64.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kSHIB_USDC_PERP | 0.000005916 | 0.0245 | pay 0.0031% / 1h | 54m 23s | $27K | $4K | 15x |
| Short | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0213% / S −0.2404% | get 0.0300% / 1h | 54m 23s | $1K | — | 100x |
Backpack kSHIB_USDC_PERP
GMX SHIB/USD [ETH-USDC]Price 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
- −$1,548.34
- Funding while held
- $64.76
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,505.59
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2159%
- Per $10,000 a day
- +$64.76
- 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 GMX no order-book sample | — | — | — | — | — |
Backpack and GMX: 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%Extended0.000005910+18.196%OKX0.000005911+18.220%Gate0.000005912+18.240%BloFin0.000005912+18.240%MEXC0.000005913+18.260%Phemex0.000005913+18.260%Reya0.000005914+18.272%dYdX0.000005914+18.280%BingX0.000005914+18.280%Orderly0.000005914+18.280%Lighter0.000005915+18.300%Pacifica0.000005915+18.300%KuCoin0.000005915+18.300%Bitget0.000005915+18.300%Kraken Futures0.000005916+18.314%gTrade (Gains Network)0.000005916+18.318%Binance0.000005916+18.318%
Injective
Extended
OKX
Gate
BloFin
MEXC
Phemex
Reya
dYdX
BingX
Orderly
Lighter
Pacifica
KuCoin
Bitget
Kraken Futures
gTrade (Gains Network)
BinanceBackpack0.000005916+18.320%
SoDEX0.000005916+18.320%Deribit0.000005917+18.340%Aster0.000005919+18.374%Paradex0.000005920+18.395%HTX0.000005920+18.400%Kalshi0.000005920+18.408%Hyperliquid0.000005924+18.480%SunX0.000005926+18.520%Coinbase International0.000005926+18.520%
SoDEX
Deribit
Aster
Paradex
HTX
Hyperliquid
SunX
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]short | −15.483% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | −2.519% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Extended 1000SHIB-USD | −0.105% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| OKX SHIB-USDT-SWAP | −0.085% | +0.0100% | 8h | $7.7M | $27.1M | 50x | as long as short |
| Gate SHIB_USDT | −0.068% | +0.0100% | 8h | $6.7M | $5.4M | 75x | as long as short |
| BloFin SHIB-USDT | −0.068% | +0.0220% | 8h | $732K | $1.0M | 50x | as long as short |
| MEXC SHIB_USDT | −0.051% | +0.0100% | 8h | $33.1M | $14.8M | 300x | as long as short |
| Phemex u1000SHIBUSDT | −0.051% | +0.0100% | 8h | $2.1M | $5.0M | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.040% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | −0.034% | +0.8116% | 1h | $23K | $66K | 10x | as long as short |