After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.017%7d average—fees + slippage, in and out−$51spread needed0.508%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SHIB-USDT | 0.000005942 | 0.0220 | pay 0.0220% / 8h | 5h 22m | $735K | $982K | 50x |
| Short | BingX 1000SHIB-USDC | 0.000005941 | 0.0080 | get 0.0080% / 8h | 5h 22m | — | $1.6M | — |
BloFin SHIB-USDT
BingX 1000SHIB-USDCPrice 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
- −$1.68
- Funding while held
- −$4.2
- Slippage, 4 orders
- −$28.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.69
- Spread needed to break even
- 0.508%
Slippage from BloFin: live order book, 11 min ago; BingX: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0140%
- Per $10,000 a day
- −$4.20
- 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 BloFin live order book, 11 min ago | 0.84 bp | 10.3 bp −$10 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 3.36 bp | 15.9 bp −$16 | 39.1 bp −$391 | 238.0 bp −$23.8K | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%OKX0.000005935+18.700%MEXC0.000005940+18.800%Extended0.000005940+18.805%
GMX
Injective
OKX
MEXC
ExtendedBingX0.000005941+18.820%
Reya0.000005941+18.824%gTrade (Gains Network)0.000005942+18.834%Orderly0.000005942+18.840%
Reya
gTrade (Gains Network)
OrderlyBloFin0.000005942+18.840%
Bitget0.000005943+18.860%Coinbase International0.000005943+18.860%dYdX0.000005943+18.865%SoDEX0.000005944+18.880%Deribit0.000005944+18.880%Gate0.000005944+18.880%HTX0.000005944+18.880%Lighter0.000005945+18.900%Pacifica0.000005945+18.900%KuCoin0.000005945+18.900%Phemex0.000005945+18.900%Backpack0.000005947+18.940%Kraken Futures0.000005948+18.956%Aster0.000005948+18.969%Binance0.000005949+18.971%Paradex0.000005949+18.989%SunX0.000005952+19.040%Kalshi0.000005952+19.042%Hyperliquid0.000005956+19.120%
Bitget
Coinbase International
dYdX
SoDEX
Deribit
Gate
HTX
Lighter
Pacifica
KuCoin
Phemex
Backpack
Kraken Futures
Aster
Binance
Paradex
SunX
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] | −15.853% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.945% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.118% | +0.0100% | 8h | $7.7M | $27.0M | 50x | as long as short |
| MEXC SHIB_USDT | −0.034% | +0.0100% | 8h | $33.5M | $15.0M | 300x | as long as short |
| Extended 1000SHIB-USD | −0.029% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| BingX 1000SHIB-USDCshort | −0.017% | +0.0080% | 8h | — | $1.6M | — | |
| Reya kSHIBRUSDPERP | −0.013% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.005% | L +0.0006% / S −0.0001% | 1h | $723 | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | 0.000% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| BloFin SHIB-USDTlong | 0.000% | +0.0220% | 8h | $735K | $982K | 50x |