After costs, if the gap returns to its 7d average, $10k−$103
spread now−0.186%7d average+0.047%fees + slippage, in and out−$80spread needed0.802%
| 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 16s | $731K | $833K | 50x |
| Short | Phemex u1000SHIBUSDT | 0.000005918 | 0.0100 | get 0.0100% / 8h | 50m 16s | $2.1M | $4.3M | 50x |
BloFin SHIB-USDT
Phemex u1000SHIBUSDTPrice 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
- −$18.55
- Funding while held
- −$3.6
- Slippage, 4 orders
- −$56.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$102.36
- Spread needed to break even
- 0.802%
Slippage from BloFin: live order book, 63 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0120%
- Per $10,000 a day
- −$3.60
- 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, 63 min ago | 4.40 bp | 10.5 bp −$10 | 18.9 bp −$189 | 101.9 bp −$10.2K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 12.62 bp | 25.9 bp −$26 | 68.3 bp −$683 | 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%
GMX
InjectivePhemex0.000005918+18.360%
HTX0.000005920+18.400%Binance0.000005921+18.420%OKX0.000005921+18.420%Extended0.000005922+18.438%Lighter0.000005923+18.460%BingX0.000005924+18.480%Gate0.000005925+18.500%Bitget0.000005925+18.500%Kraken Futures0.000005926+18.519%MEXC0.000005926+18.520%Orderly0.000005926+18.520%SoDEX0.000005926+18.520%Deribit0.000005926+18.520%Reya0.000005926+18.529%gTrade (Gains Network)0.000005927+18.546%KuCoin0.000005928+18.560%
HTX
Binance
OKX
Extended
Lighter
BingX
Gate
Bitget
Kraken Futures
MEXC
Orderly
SoDEX
Deribit
Reya
gTrade (Gains Network)
KuCoinBloFin0.000005929+18.580%
Coinbase International0.000005930+18.600%Aster0.000005930+18.608%SunX0.000005932+18.640%Paradex0.000005933+18.650%Backpack0.000005935+18.700%Hyperliquid0.000005938+18.760%Kalshi0.000005938+18.760%dYdX0.000005940+18.800%Pacifica0.000005940+18.800%
Coinbase International
Aster
SunX
Paradex
Backpack
Hyperliquid
dYdX
PacificaSHIB 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] | −15.669% | L +0.0215% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.732% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Phemex u1000SHIBUSDTshort | −0.186% | +0.0100% | 8h | $2.1M | $4.3M | 50x | |
| HTX SHIB-USDT | −0.152% | +0.0100% | 8h | $403K | $776K | 75x | as long as short |
| Binance 1000SHIBUSDT | −0.135% | +0.0100% | 8h | $28.7M | $62.1M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | −0.135% | +0.0100% | 8h | $7.7M | $21.7M | 50x | as long as short |
| Extended 1000SHIB-USD | −0.120% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Lighter 1000SHIB | −0.101% | +0.0096% | 1h | $159K | $210K | 10x | as long as short |
| BingX 1000SHIB-USDT | −0.084% | +0.0070% | 8h | — | $2.2M | — | as long as short |
| Gate SHIB_USDT | −0.067% | +0.0070% | 8h | $6.7M | $4.3M | 75x | as long as short |