After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.033%7d average−0.007%fees + slippage, in and out−$38spread needed0.379%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000SHIB-USDT | 0.000006063 | −0.0250 | get 0.0250% / 8h | 7h 56m | — | $2.2M | — |
| Short | OKX SHIB-USDT-SWAP | 0.000006065 | 0.0100 | get 0.0100% / 8h | 7h 56m | $8.1M | $25.2M | 50x |
BingX 1000SHIB-USDT
OKX SHIB-USDT-SWAPPrice 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
- $3.3
- Funding while held
- $10.5
- Slippage, 4 orders
- −$17.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$24.09
- Spread needed to break even
- 0.379%
Slippage from BingX: live order book, 12 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0350%
- Per $10,000 a day
- +$10.50
- 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, 12 min ago | 1.67 bp | 7.6 bp −$8 | 15.2 bp −$152 | 54.3 bp −$5,431 | 123.5 bp −$61.7K |
| Sell OKX live order book, 3 min ago | 0.83 bp | 8.5 bp −$8 | 21.1 bp −$211 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.Injective0.000005767cheapestGMX0.000006000+4.040%Phemex0.000006040+4.734%Backpack0.000006044+4.803%SoDEX0.000006045+4.821%BloFin0.000006045+4.821%Lighter0.000006047+4.855%Orderly0.000006048+4.873%Deribit0.000006049+4.890%HTX0.000006049+4.890%Reya0.000006049+4.898%Kraken Futures0.000006051+4.925%gTrade (Gains Network)0.000006051+4.932%Aster0.000006053+4.953%dYdX0.000006053+4.959%SunX0.000006055+4.994%Pacifica0.000006056+5.011%Coinbase International0.000006057+5.029%Gate0.000006059+5.063%Extended0.000006061+5.103%Bitget0.000006063+5.133%
Injective
GMX
Phemex
Backpack
SoDEX
BloFin
Lighter
Orderly
Deribit
HTX
Reya
Kraken Futures
gTrade (Gains Network)
Aster
dYdX
SunX
Pacifica
Coinbase International
Gate
Extended
BitgetBingX0.000006063+5.133%
Binance0.000006064+5.147%KuCoin0.000006064+5.150%
Binance
KuCoinOKX0.000006065+5.167%
MEXC0.000006065+5.167%Paradex0.000006066+5.182%Kalshi0.000006066+5.192%Hyperliquid0.000006072+5.289%
MEXC
Paradex
HyperliquidSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.882% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −1.039% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Phemex u1000SHIBUSDT | −0.379% | −0.2157% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.313% | +0.0393% | 1h | $27K | $4K | 15x | as long as short |
| SoDEX 1000SHIB-USD | −0.297% | +0.0100% | 1h | $556 | $5K | 10x | as long as short |
| BloFin SHIB-USDT | −0.297% | +0.0220% | 8h | $745K | $903K | 50x | as long as short |
| Lighter 1000SHIB | −0.264% | +0.0096% | 1h | $156K | $295K | 10x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.247% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.231% | 0.0000% | 1h | $38K | $59K | 25x | as long as short |
| HTX SHIB-USDT | −0.231% | +0.0100% | 8h | $411K | $810K | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya kSHIBRUSDPERP | −0.224% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.197% | −0.0320% | 1h | $1.1M | $747K | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.191% | L +0.0006% / S −0.0001% | 1h | $736 | — | 150x | as long as short |
| Aster 1000SHIBUSDT | −0.171% | +0.0100% | 8h | $43K | $179K | 50x | as long as short |
| dYdX SHIB-USD | −0.165% | +0.4134% | 1h | $23K | $66K | 10x | as long as short |
| SunX SHIB-USDT | −0.132% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Pacifica kSHIB | −0.115% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.099% | −0.0072% | 1h | $97K | $853K | 50x | as long as short |
| Gate SHIB_USDT | −0.066% | +0.0100% | 8h | $6.8M | $4.7M | 75x | as long as short |
| Extended 1000SHIB-USD | −0.028% | +0.0104% | 1h | $54K | $6K | 25x | as long as short |
| Bitget SHIBUSDT | 0.000% | +0.0100% | 8h | $11.7M | $10.9M | 75x | as long as short |
| BingX 1000SHIB-USDTlong | 0.000% | −0.0250% | 8h | — | $2.2M | — | |
| Binance 1000SHIBUSDT | +0.014% | +0.0100% | 8h | $29.2M | $74.1M | 75x | as long as short |
| KuCoin SHIBUSDTM | +0.016% | +0.0100% | 8h | $4.8M | $2.4M | 75x | as long as short |
| OKX SHIB-USDT-SWAPshort | +0.033% | +0.0100% | 8h | $8.1M | $25.2M | 50x | |
| MEXC SHIB_USDT | +0.033% | +0.0100% | 8h | $31.4M | $12.7M | 300x | as long as short |
| Paradex kSHIB-USD-PERP | +0.047% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Kalshi KXKSHIBPERP | +0.056% | 0.0000% | 8h | $261K | $1.2M | 2x | as long as short |
| Hyperliquid kSHIB | +0.148% | +0.0332% | 1h | $3.8M | $2.7M | 10x | as long as short |