Spread before costs (cost unknown: a leg has no order-book sample)−0.099%
7d average—if it closes, per $10,000$10funding while held, a day+$28.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000SHIBUSDT | 0.000005956 | 0.0100 | pay 0.0100% / 8h | 5h 23m | $29.0M | $82.3M | 75x |
| Short | dYdX SHIB-USD | 0.000005950 | 0.1053 | get 0.0132% / 1h | 23m 52s | $23K | $66K | 10x |
Binance 1000SHIBUSDT
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
- −$9.92
- Funding while held
- $28.6
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$1.32
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0953%
- Per $10,000 a day
- +$28.60
- 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 Binance live order book, 5 min ago | 0.84 bp | 8.2 bp −$8 | 16.2 bp −$162 | 69.1 bp −$6,914 | 203.4 bp −$101.7K |
| Sell dYdX no order-book sample | — | — | — | — | — |
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%BloFin0.000005933+18.660%HTX0.000005943+18.860%Aster0.000005943+18.862%Extended0.000005943+18.862%Reya0.000005944+18.874%KuCoin0.000005944+18.880%Phemex0.000005946+18.920%Lighter0.000005947+18.940%Gate0.000005947+18.940%SoDEX0.000005947+18.940%Kalshi0.000005947+18.946%Kraken Futures0.000005948+18.955%MEXC0.000005948+18.960%Backpack0.000005948+18.960%gTrade (Gains Network)0.000005948+18.966%Pacifica0.000005949+18.980%Deribit0.000005949+18.980%
GMX
Injective
BloFin
HTX
Aster
Extended
Reya
KuCoin
Phemex
Lighter
Gate
SoDEX
Kraken Futures
MEXC
Backpack
gTrade (Gains Network)
Pacifica
DeribitdYdX0.000005950+19.000%
BingX0.000005950+19.000%Orderly0.000005951+19.020%OKX0.000005952+19.040%Paradex0.000005954+19.073%
BingX
Orderly
OKX
ParadexBinance0.000005956+19.118%
Bitget0.000005956+19.120%SunX0.000005960+19.200%Coinbase International0.000005963+19.260%Hyperliquid0.000005964+19.280%
Bitget
SunX
Coinbase International
HyperliquidSHIB 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] | −16.050% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.172% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.385% | +0.0220% | 8h | $729K | $969K | 50x | as long as short |
| HTX SHIB-USDT | −0.217% | +0.0100% | 8h | $399K | $642K | 75x | as long as short |
| Aster 1000SHIBUSDT | −0.215% | +0.0100% | 8h | $40K | $159K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.215% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Reya kSHIBRUSDPERP | −0.205% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| KuCoin SHIBUSDTM | −0.200% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| Phemex u1000SHIBUSDT | −0.166% | +0.0100% | 8h | $2.1M | $4.9M | 50x | as long as short |
| Lighter 1000SHIB | −0.150% | +0.0096% | 1h | $152K | $309K | 10x | as long as short |