Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day+$5.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International 1000SHIB-PERP-INTX | 0.000005900 | −0.0072 | get 0.0009% / 1h | 27m 16s | $96K | $864K | 50x |
| Short | Backpack kSHIB_USDC_PERP | 0.000005900 | 0.0100 | get 0.0013% / 1h | 27m 16s | $27K | $5K | 15x |
Coinbase International 1000SHIB-PERP-INTX
Backpack kSHIB_USDC_PERPPrice 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
- $0
- Funding while held
- $5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$14.84
- Spread needed to break even
- 0.200%
Slippage unknown: Coinbase International: live order book, 63 min ago; Backpack: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0172%
- Per $10,000 a day
- +$5.16
- 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 Coinbase International live order book, 63 min ago | 8.54 bp | 13.5 bp −$14 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: 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%Kalshi0.000005894+17.872%HTX0.000005898+17.960%Pacifica0.000005899+17.980%BloFin0.000005899+17.980%Aster0.000005900+18.000%dYdX0.000005900+18.000%Gate0.000005900+18.000%
GMX
Injective
HTX
Pacifica
BloFin
Aster
dYdX
GateBackpack0.000005900+18.000%
Coinbase International0.000005900+18.000%
Reya0.000005900+18.002%KuCoin0.000005901+18.020%OKX0.000005902+18.040%BingX0.000005903+18.060%gTrade (Gains Network)0.000005903+18.066%Extended0.000005905+18.096%Lighter0.000005905+18.100%Deribit0.000005905+18.100%Bitget0.000005905+18.100%Orderly0.000005906+18.120%SoDEX0.000005906+18.120%Paradex0.000005906+18.123%MEXC0.000005907+18.140%Kraken Futures0.000005908+18.158%Binance0.000005908+18.163%Phemex0.000005910+18.200%Hyperliquid0.000005911+18.220%SunX0.000005913+18.260%
Reya
KuCoin
OKX
BingX
gTrade (Gains Network)
Extended
Lighter
Deribit
Bitget
Orderly
SoDEX
Paradex
MEXC
Kraken Futures
Binance
Phemex
Hyperliquid
SunXSHIB 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] | −15.254% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.254% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Kalshi KXKSHIBPERP | −0.108% | 0.0000% | 8h | $102K | $1.5M | 2x | as long as short |
| HTX SHIB-USDT | −0.034% | +0.0100% | 8h | $395K | $790K | 75x | as long as short |
| Pacifica kSHIB | −0.017% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| BloFin SHIB-USDT | −0.017% | +0.0220% | 8h | $750K | $922K | 50x | as long as short |
| Aster 1000SHIBUSDT | 0.000% | +0.0100% | 8h | $39K | $183K | 50x | as long as short |
| dYdX SHIB-USD | 0.000% | +0.6983% | 1h | $23K | $66K | 10x | as long as short |
| Gate SHIB_USDT | 0.000% | +0.0027% | 8h | $6.7M | $5.0M | 75x | as long as short |
| Backpack kSHIB_USDC_PERPshort | 0.000% | +0.0100% | 1h | $27K | $5K | 15x |