After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.020%7d average−0.048%fees + slippage, in and out−$46spread needed0.459%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000SHIB-USDT | 0.000005879 | −0.0022 | get 0.0022% / 8h | 6h 03m | — | $2.1M | — |
| Short | Kalshi KXKSHIBPERP | 0.000005880 | 0 | get 0.0000% / 8h | 2h 03m | $113K | $1.4M | 2x |
BingX 1000SHIB-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
- $2.04
- Funding while held
- $0.67
- Slippage, 4 orders
- −$25.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$43.2
- Spread needed to break even
- 0.459%
Slippage from BingX: live order book, 6 min ago; Kalshi: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0022%
- Per $10,000 a day
- +$0.67
- 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 BingX live order book, 6 min ago | 1.70 bp | 8.2 bp −$8 | 15.3 bp −$153 | 69.5 bp −$6,952 | 148.7 bp −$74.3K |
| Sell Kalshi live order book, 1 min ago | 7.06 bp | 15.7 bp −$16 | 22.0 bp −$220 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%BloFin0.000005873+17.460%Lighter0.000005875+17.500%Aster0.000005875+17.502%Extended0.000005875+17.507%Binance0.000005875+17.509%KuCoin0.000005876+17.520%SoDEX0.000005876+17.520%Paradex0.000005877+17.532%Kraken Futures0.000005877+17.549%Gate0.000005878+17.560%Deribit0.000005878+17.560%OKX0.000005879+17.580%MEXC0.000005879+17.580%
GMX
Injective
BloFin
Lighter
Aster
Extended
Binance
KuCoin
SoDEX
Paradex
Kraken Futures
Gate
Deribit
OKX
MEXCBingX0.000005879+17.580%
Orderly0.000005879+17.580%Reya0.000005879+17.586%Phemex0.000005880+17.600%gTrade (Gains Network)0.000005880+17.604%Bitget0.000005882+17.640%HTX0.000005882+17.640%dYdX0.000005882+17.649%Backpack0.000005883+17.660%Pacifica0.000005884+17.680%Hyperliquid0.000005888+17.760%Coinbase International0.000005891+17.820%SunX0.000005892+17.840%
Orderly
Reya
Phemex
gTrade (Gains Network)
Bitget
HTX
dYdX
Backpack
Pacifica
Hyperliquid
Coinbase International
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] | −14.952% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.905% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.102% | +0.0220% | 8h | $744K | $948K | 50x | as long as short |
| Lighter 1000SHIB | −0.068% | +0.0096% | 1h | $150K | $308K | 10x | as long as short |
| Aster 1000SHIBUSDT | −0.066% | +0.0100% | 8h | $40K | $160K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.062% | +0.0104% | 1h | $52K | $4K | 25x | as long as short |
| Binance 1000SHIBUSDT | −0.060% | +0.0100% | 8h | $28.4M | $80.4M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.051% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.051% | +0.0100% | 1h | $571 | $5K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.041% | +0.0099% | 8h | $7K | — | 20x | as long as short |