After costs, if the gap returns to its 7d average, $10k−$58
spread now+0.017%7d average+0.110%fees + slippage, in and out−$48spread needed0.484%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International 1000SHIB-PERP-INTX | 0.000005931 | −0.0048 | get 0.0006% / 1h | 37m 23s | $87K | $760K | 50x |
| Short | Hyperliquid kSHIB | 0.000005932 | 0.0467 | get 0.0058% / 1h | 37m 23s | $4.3M | $3.6M | 10x |
Coinbase International 1000SHIB-PERP-INTX
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
- $1.69
- Funding while held
- $15.44
- Slippage, 4 orders
- −$29.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$31.24
- Spread needed to break even
- 0.484%
Slippage from Coinbase International: live order book, 47 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0515%
- Per $10,000 a day
- +$15.44
- 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, 47 min ago | 7.67 bp | 14.4 bp −$14 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.53 bp | 11.4 bp −$11 | 19.3 bp −$193 | 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%OKX0.000005916+18.320%BingX0.000005916+18.320%Aster0.000005918+18.358%Reya0.000005918+18.367%gTrade (Gains Network)0.000005919+18.372%Extended0.000005920+18.394%MEXC0.000005920+18.400%Orderly0.000005920+18.400%Deribit0.000005920+18.400%BloFin0.000005920+18.400%Gate0.000005921+18.420%KuCoin0.000005921+18.420%SoDEX0.000005921+18.420%Binance0.000005921+18.422%Bitget0.000005922+18.440%Backpack0.000005922+18.440%Phemex0.000005922+18.440%dYdX0.000005923+18.460%Lighter0.000005923+18.460%Pacifica0.000005923+18.460%HTX0.000005924+18.480%Kalshi0.000005924+18.482%Kraken Futures0.000005925+18.509%Paradex0.000005925+18.510%SunX0.000005928+18.560%
GMX
Injective
OKX
BingX
Aster
Reya
gTrade (Gains Network)
Extended
MEXC
Orderly
Deribit
BloFin
Gate
KuCoin
SoDEX
Binance
Bitget
Backpack
Phemex
dYdX
Lighter
Pacifica
HTX
Kraken Futures
Paradex
SunXCoinbase International0.000005931+18.620%
Hyperliquid0.000005932+18.640%
SHIB 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] | −15.697% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.765% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.253% | +0.0100% | 8h | $7.8M | $26.2M | 50x | as long as short |
| BingX 1000SHIB-USDC | −0.253% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Aster 1000SHIBUSDT | −0.221% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.213% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.209% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Extended 1000SHIB-USD | −0.190% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| MEXC SHIB_USDT | −0.185% | +0.0100% | 8h | $33.6M | $14.6M | 300x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.185% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit 1000SHIB_USDC-PERPETUAL | −0.185% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| BloFin SHIB-USDT | −0.185% | +0.0220% | 8h | $747K | $919K | 50x | as long as short |
| Gate SHIB_USDT | −0.169% | +0.0098% | 8h | $6.7M | $5.1M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.169% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.169% | +0.0100% | 1h | $551 | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | −0.167% | +0.0100% | 8h | $28.8M | $79.3M | 75x | as long as short |
| Bitget SHIBUSDT | −0.152% | +0.0100% | 8h | $11.5M | $11.4M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.152% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Phemex u1000SHIBUSDT | −0.152% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| dYdX SHIB-USD | −0.135% | +0.3488% | 1h | $23K | $66K | 10x | as long as short |
| Lighter 1000SHIB | −0.135% | +0.0096% | 1h | $151K | $305K | 10x | as long as short |
| Pacifica kSHIB | −0.135% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| HTX SHIB-USDT | −0.118% | +0.0100% | 8h | $397K | $703K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.116% | 0.0000% | 8h | $106K | $1.5M | 2x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.094% | +0.0042% | 1h | $1.1M | $734K | 50x | as long as short |
| Paradex kSHIB-USD-PERP | −0.093% | +0.0099% | 8h | $7K | — | 20x | as long as short |
| SunX SHIB-USDT | −0.051% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Coinbase International 1000SHIB-PERP-INTXlong | 0.000% | −0.0048% | 1h | $87K | $760K | 50x | |
| Hyperliquid kSHIBshort | +0.017% | +0.0467% | 1h | $4.3M | $3.6M | 10x |