Spread before costs (cost unknown: a leg has no order-book sample)−15.669%
7d average—if it closes, per $10,000$1567funding while held, a day+$65.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SHIB-USDT | 0.000005929 | 0.0220 | pay 0.0220% / 8h | 50m 54s | $731K | $833K | 50x |
| Short | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0215% / S −0.2404% | get 0.0300% / 1h | 50m 54s | $1K | — | 100x |
BloFin SHIB-USDT
GMX SHIB/USD [ETH-USDC]Price 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
- −$1,566.87
- Funding while held
- $65.51
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,525.37
- Spread needed to break even
- 0.240%
Slippage unknown: BloFin: live order book, 62 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2184%
- Per $10,000 a day
- +$65.51
- 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, 62 min ago | 4.40 bp | 10.5 bp −$10 | 18.9 bp −$189 | 101.9 bp −$10.2K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%Coinbase International0.000005877+17.540%Kalshi0.000005905+18.096%dYdX0.000005905+18.104%Pacifica0.000005907+18.140%Paradex0.000005914+18.287%Phemex0.000005923+18.460%SoDEX0.000005926+18.520%Lighter0.000005927+18.540%Orderly0.000005928+18.560%Reya0.000005929+18.575%gTrade (Gains Network)0.000005929+18.576%
Injective
Coinbase International
dYdX
Pacifica
Paradex
Phemex
SoDEX
Lighter
Orderly
Reya
gTrade (Gains Network)BloFin0.000005929+18.580%
Kraken Futures0.000005930+18.599%Deribit0.000005931+18.620%HTX0.000005932+18.640%BingX0.000005933+18.660%SunX0.000005933+18.660%Backpack0.000005935+18.700%Gate0.000005936+18.720%Binance0.000005938+18.750%Extended0.000005938+18.761%MEXC0.000005939+18.780%Aster0.000005940+18.809%OKX0.000005941+18.820%KuCoin0.000005941+18.820%Bitget0.000005942+18.840%Hyperliquid0.000005949+18.980%
Kraken Futures
Deribit
HTX
BingX
SunX
Backpack
Gate
Binance
Extended
MEXC
Aster
OKX
KuCoin
Bitget
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]short | −15.669% | L +0.0215% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | −2.732% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.877% | −0.0008% | 1h | $92K | $913K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.408% | 0.0000% | 8h | $290K | $976K | 2x | as long as short |
| dYdX SHIB-USD | −0.401% | 0.0000% | 1h | $34K | $54K | 10x | as long as short |
| Pacifica kSHIB | −0.371% | +0.0100% | 1h | $12K | $3K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.247% | +0.0098% | 8h | $7K | — | 20x | as long as short |
| Phemex u1000SHIBUSDT | −0.101% | +0.0100% | 8h | $2.1M | $4.2M | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.051% | +0.0100% | 1h | $529 | $6K | 10x | as long as short |
| Lighter 1000SHIB | −0.034% | +0.0096% | 1h | $159K | $210K | 10x | as long as short |