Spread before costs (cost unknown: a leg has no order-book sample)−0.017%
7d average—if it closes, per $10,000$2funding while held, a day+$2.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kSHIB_USDC_PERP | 0.000005944 | 0.0016 | pay 0.0002% / 1h | 31m 21s | $27K | $4K | 15x |
| Short | MEXC SHIB_USDT | 0.000005943 | 0.0100 | get 0.0100% / 8h | 5h 31m | $33.6M | $14.9M | 300x |
Backpack kSHIB_USDC_PERP
MEXC 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
- −$1.68
- Funding while held
- $2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$9.16
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0084%
- Per $10,000 a day
- +$2.52
- 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 MEXC live order book, 4 min ago | 0.84 bp | 4.0 bp −$4 | 10.1 bp −$101 | 54.3 bp −$5,427 | 86.3 bp −$43.1K |
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%BloFin0.000005935+18.700%Kalshi0.000005936+18.722%Coinbase International0.000005941+18.820%HTX0.000005942+18.840%Aster0.000005942+18.848%
GMX
Injective
BloFin
Coinbase International
HTX
AsterMEXC0.000005943+18.860%
BingX0.000005943+18.860%Reya0.000005944+18.871%
BingX
ReyaBackpack0.000005944+18.880%
OKX0.000005944+18.880%Gate0.000005944+18.880%KuCoin0.000005944+18.880%SoDEX0.000005945+18.900%Extended0.000005945+18.907%gTrade (Gains Network)0.000005946+18.920%dYdX0.000005946+18.924%Lighter0.000005947+18.940%Pacifica0.000005947+18.940%Paradex0.000005948+18.963%Binance0.000005948+18.967%Bitget0.000005949+18.980%Kraken Futures0.000005950+18.990%Deribit0.000005950+19.000%Orderly0.000005951+19.020%Phemex0.000005951+19.020%Hyperliquid0.000005955+19.100%SunX0.000005957+19.140%
OKX
Gate
KuCoin
SoDEX
Extended
gTrade (Gains Network)
dYdX
Lighter
Pacifica
Paradex
Binance
Bitget
Kraken Futures
Deribit
Orderly
Phemex
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] | −15.882% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.978% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.151% | +0.0220% | 8h | $730K | $967K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.133% | 0.0000% | 8h | $119K | $1.4M | 2x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.050% | +0.0016% | 1h | $86K | $822K | 50x | as long as short |
| HTX SHIB-USDT | −0.034% | +0.0100% | 8h | $399K | $659K | 75x | as long as short |
| Aster 1000SHIBUSDT | −0.027% | +0.0100% | 8h | $40K | $159K | 50x | as long as short |
| MEXC SHIB_USDTshort | −0.017% | +0.0100% | 8h | $33.6M | $14.9M | 300x | |
| BingX 1000SHIB-USDT | −0.017% | +0.0037% | 8h | — | $2.1M | — | as long as short |
| Reya kSHIBRUSDPERP | −0.007% | +0.0323% | 1h | $1 | — | 20x | as long as short |