After costs, if the gap returns to its 7d average, $10k−$32
spread now+0.229%7d average+0.126%fees + slippage, in and out−$42spread needed0.420%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SHIB-USDT | 0.000005675 | 0.0220 | pay 0.0220% / 8h | 1h 51m | $719K | $767K | 50x |
| Short | Hyperliquid kSHIB | 0.000005688 | 0.0164 | get 0.0021% / 1h | 51m 00s | $3.3M | $1.6M | 10x |
BloFin SHIB-USDT
Hyperliquid kSHIBPrice 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
- $22.91
- Funding while held
- −$1.68
- Slippage, 4 orders
- −$21.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$20.82
- Spread needed to break even
- 0.420%
Slippage from BloFin: live order book, 2 min ago; Hyperliquid: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0056%
- Per $10,000 a day
- −$1.68
- 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, 2 min ago | 4.40 bp | 10.5 bp −$10 | 18.9 bp −$189 | 101.9 bp −$10.2K | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.76 bp | 9.5 bp −$10 | 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.GMX0.000005000cheapest
Injective0.000005473+9.460%Coinbase International0.000005659+13.180%Gate0.000005673+13.460%
GMX
Injective
Coinbase International
GateBloFin0.000005675+13.500%
Aster0.000005675+13.503%MEXC0.000005676+13.520%HTX0.000005676+13.520%Extended0.000005676+13.524%gTrade (Gains Network)0.000005677+13.540%dYdX0.000005677+13.549%OKX0.000005678+13.560%Orderly0.000005678+13.560%Reya0.000005678+13.561%Lighter0.000005679+13.580%Bitget0.000005679+13.580%Pacifica0.000005680+13.600%KuCoin0.000005680+13.600%Kalshi0.000005680+13.604%Kraken Futures0.000005681+13.617%BingX0.000005681+13.620%SoDEX0.000005681+13.620%Deribit0.000005681+13.620%Paradex0.000005682+13.639%Backpack0.000005682+13.640%Binance0.000005686+13.717%
Aster
MEXC
HTX
Extended
gTrade (Gains Network)
dYdX
OKX
Orderly
Reya
Lighter
Bitget
Pacifica
KuCoin
Kraken Futures
BingX
SoDEX
Deribit
Paradex
Backpack
BinanceHyperliquid0.000005688+13.760%
SunX0.000005689+13.780%Phemex0.000005690+13.800%
SunX
PhemexSHIB 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] | −11.894% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.559% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.282% | +0.0008% | 1h | $89K | $895K | 50x | as long as short |
| Gate SHIB_USDT | −0.035% | +0.0078% | 8h | $6.4M | $3.7M | 75x | as long as short |
| BloFin SHIB-USDTlong | 0.000% | +0.0220% | 8h | $719K | $767K | 50x | |
| Aster 1000SHIBUSDT | +0.002% | +0.0100% | 8h | $43K | $156K | 50x | as long as short |
| MEXC SHIB_USDT | +0.018% | +0.0100% | 8h | $19.4M | $8.1M | 300x | as long as short |
| HTX SHIB-USDT | +0.018% | +0.0100% | 8h | $386K | $716K | 75x | as long as short |
| Extended 1000SHIB-USD | +0.021% | +0.0104% | 1h | $50K | $6K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.035% | L +0.0006% / S −0.0001% | 1h | $691 | — | 150x | as long as short |