After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.035%7d average−0.042%fees + slippage, in and out−$54spread needed0.541%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SHIBUSDT | 0.000006003 | 0.0100 | pay 0.0100% / 8h | 7h 49m | $11.5M | $11.2M | 75x |
| Short | Kalshi KXKSHIBPERP | 0.000006001 | 0 | get 0.0000% / 8h | 3h 49m | $92K | $1.5M | 2x |
Bitget SHIBUSDTPrice 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
- −$3.5
- Funding while held
- −$3
- Slippage, 4 orders
- −$32.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$60.61
- Spread needed to break even
- 0.541%
Slippage from Bitget: live order book, 5 min ago; Kalshi: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 | 1.65 bp | 12.6 bp −$13 | 23.4 bp −$234 | 105.1 bp −$10.5K | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 7.02 bp | 14.6 bp −$15 | 17.1 bp −$171 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.Injective0.000005767cheapestParadex0.000005997+3.988%dYdX0.000005998+4.006%Pacifica0.000005999+4.023%Gate0.000005999+4.023%BingX0.000006000+4.040%GMX0.000006000+4.040%Extended0.000006001+4.052%OKX0.000006001+4.058%KuCoin0.000006001+4.058%BloFin0.000006002+4.075%MEXC0.000006003+4.092%
Injective
Paradex
dYdX
Pacifica
Gate
BingX
GMX
Extended
OKX
KuCoin
BloFin
MEXCBitget0.000006003+4.092%
Lighter0.000006006+4.144%Reya0.000006007+4.155%Backpack0.000006007+4.162%Kraken Futures0.000006007+4.163%Aster0.000006007+4.166%Binance0.000006008+4.172%HTX0.000006008+4.179%Phemex0.000006010+4.214%SoDEX0.000006011+4.231%Hyperliquid0.000006012+4.248%Deribit0.000006012+4.248%gTrade (Gains Network)0.000006013+4.266%Orderly0.000006014+4.283%Coinbase International0.000006018+4.352%SunX0.000006021+4.404%
Lighter
Reya
Backpack
Kraken Futures
Aster
Binance
HTX
Phemex
SoDEX
Hyperliquid
Deribit
gTrade (Gains Network)
Orderly
Coinbase International
SunXSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −3.931% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Paradex kSHIB-USD-PERP | −0.101% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| dYdX SHIB-USD | −0.083% | +0.1512% | 1h | $23K | $66K | 10x | as long as short |
| Pacifica kSHIB | −0.067% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Gate SHIB_USDT | −0.067% | −0.0505% | 8h | $6.8M | $4.8M | 75x | as long as short |
| BingX 1000SHIB-USDT | −0.050% | −0.0021% | 8h | — | $2.2M | — | as long as short |
| GMX SHIB/USD [ETH-USDC] | −0.050% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Extended 1000SHIB-USD | −0.038% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| Kalshi KXKSHIBPERPshort | −0.035% | 0.0000% | 8h | $92K | $1.5M | 2x | |
| OKX SHIB-USDT-SWAP | −0.033% | +0.0100% | 8h | $8.0M | $25.9M | 50x | as long as short |