After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.034%7d average−0.026%fees + slippage, in and out−$51spread needed0.513%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHIBUSDT | 0.000005939 | 0.0100 | pay 0.0100% / 8h | 15m 20s | $11.2M | $10.2M | 75x |
| Short | Gate SHIB_USDT | 0.000005937 | 0.0043 | get 0.0043% / 8h | 15m 20s | $6.7M | $4.6M | 75x |
Bitget SHIBUSDT
Gate 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
- −$3.37
- Funding while held
- −$1.71
- Slippage, 4 orders
- −$24.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.42
- Spread needed to break even
- 0.513%
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0057%
- Per $10,000 a day
- −$1.71
- 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 Bitget live order book, 5 min ago | 0.85 bp | 10.8 bp −$11 | 15.9 bp −$159 | 74.2 bp −$7,424 | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.70 bp | 16.5 bp −$16 | 30.4 bp −$304 | 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%Coinbase International0.000005913+18.260%Kraken Futures0.000005916+18.316%Backpack0.000005918+18.360%Phemex0.000005918+18.360%SoDEX0.000005919+18.380%HTX0.000005920+18.400%Deribit0.000005923+18.460%dYdX0.000005924+18.472%Kalshi0.000005924+18.480%Lighter0.000005925+18.500%SunX0.000005925+18.500%Pacifica0.000005928+18.560%BloFin0.000005928+18.560%Extended0.000005930+18.591%Aster0.000005931+18.615%KuCoin0.000005931+18.620%Paradex0.000005932+18.642%Reya0.000005933+18.653%OKX0.000005935+18.700%Orderly0.000005937+18.740%
GMX
Injective
Coinbase International
Kraken Futures
Backpack
Phemex
SoDEX
HTX
Deribit
dYdX
Lighter
SunX
Pacifica
BloFin
Extended
Aster
KuCoin
Paradex
Reya
OKX
OrderlyGate0.000005937+18.740%
MEXC0.000005938+18.760%Hyperliquid0.000005939+18.780%
MEXC
HyperliquidBitget0.000005939+18.780%
BingX0.000005939+18.780%Binance0.000005940+18.800%gTrade (Gains Network)0.000005941+18.816%
BingX
Binance
gTrade (Gains Network)SHIB 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] | −15.811% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.896% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.438% | −0.0008% | 1h | $95K | $820K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.390% | +0.0356% | 1h | $1.1M | $734K | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.354% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Phemex u1000SHIBUSDT | −0.354% | +0.0100% | 8h | $2.0M | $4.4M | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.337% | +0.0100% | 1h | $526 | $5K | 10x | as long as short |
| HTX SHIB-USDT | −0.320% | +0.0100% | 8h | $404K | $798K | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.269% | 0.0000% | 1h | $37K | $59K | 25x | as long as short |
| dYdX SHIB-USD | −0.260% | +0.3458% | 1h | $23K | $66K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | −0.253% | 0.0000% | 8h | $249K | $1.2M | 2x | as long as short |
| Lighter 1000SHIB | −0.236% | +0.0096% | 1h | $156K | $308K | 10x | as long as short |
| SunX SHIB-USDT | −0.236% | +0.0100% | 8h | $2K | $20K | 20x | as long as short |
| Pacifica kSHIB | −0.185% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| BloFin SHIB-USDT | −0.185% | +0.0220% | 8h | $742K | $859K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.159% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Aster 1000SHIBUSDT | −0.139% | +0.0100% | 8h | $44K | $173K | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.135% | +0.0100% | 8h | $5.0M | $2.2M | 75x | as long as short |
| Paradex kSHIB-USD-PERP | −0.117% | +0.0095% | 8h | $7K | — | 20x | as long as short |
| Reya kSHIBRUSDPERP | −0.107% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | −0.067% | +0.0100% | 8h | $7.7M | $23.3M | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.034% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Gate SHIB_USDTshort | −0.034% | +0.0043% | 8h | $6.7M | $4.6M | 75x | |
| MEXC SHIB_USDT | −0.017% | +0.0100% | 8h | $30.9M | $12.6M | 300x | as long as short |
| Hyperliquid kSHIB | 0.000% | +0.0211% | 1h | $3.5M | $2.4M | 10x | as long as short |
| Bitget SHIBUSDTlong | 0.000% | +0.0100% | 8h | $11.2M | $10.2M | 75x | |
| BingX 1000SHIB-USDT | 0.000% | +0.0070% | 8h | — | $2.2M | — | as long as short |
| Binance 1000SHIBUSDT | +0.017% | +0.0100% | 8h | $28.5M | $70.1M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.030% | L +0.0006% / S −0.0001% | 1h | $723 | — | 150x | as long as short |