Spread before costs (cost unknown: a leg has no order-book sample)+0.286%
7d average—if it closes, per $10,000$29funding while held, a day−$4.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000005949 | 0.0086 | pay 0.0011% / 1h | 18m 36s | $42K | $64K | 25x |
| Short | Coinbase International 1000SHIB-PERP-INTX | 0.000005966 | −0.0048 | pay 0.0006% / 1h | 18m 36s | $87K | $761K | 50x |
Deribit 1000SHIB_USDC-PERPETUAL
Coinbase International 1000SHIB-PERP-INTXPrice 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
- $28.58
- Funding while held
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.55
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0134%
- Per $10,000 a day
- −$4.03
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 8.40 bp | 15.1 bp −$15 | 17.1 bp −$171 | doesn't fit | doesn't fit |
Deribit: 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%Aster0.000005944+18.874%KuCoin0.000005944+18.880%BloFin0.000005946+18.920%Gate0.000005947+18.940%SoDEX0.000005948+18.960%Kalshi0.000005948+18.966%MEXC0.000005949+18.980%Backpack0.000005949+18.980%
GMX
Injective
Aster
KuCoin
BloFin
Gate
SoDEX
MEXC
BackpackDeribit0.000005949+18.980%
gTrade (Gains Network)0.000005950+18.992%Reya0.000005950+19.000%Lighter0.000005950+19.000%BingX0.000005950+19.000%Phemex0.000005950+19.000%Kraken Futures0.000005950+19.002%dYdX0.000005950+19.006%Pacifica0.000005951+19.020%Orderly0.000005951+19.020%HTX0.000005951+19.020%Paradex0.000005952+19.034%Binance0.000005952+19.046%Extended0.000005953+19.054%OKX0.000005953+19.060%Bitget0.000005953+19.060%Hyperliquid0.000005956+19.120%SunX0.000005958+19.160%
gTrade (Gains Network)
Reya
Lighter
BingX
Phemex
Kraken Futures
dYdX
Pacifica
Orderly
HTX
Paradex
Binance
Extended
OKX
Bitget
Hyperliquid
SunXCoinbase International0.000005966+19.320%
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] | −15.952% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.059% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Aster 1000SHIBUSDT | −0.089% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.084% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| BloFin SHIB-USDT | −0.050% | +0.0220% | 8h | $740K | $932K | 50x | as long as short |
| Gate SHIB_USDT | −0.034% | +0.0100% | 8h | $6.7M | $5.2M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.017% | +0.0100% | 1h | $572 | $5K | 10x | as long as short |
| Kalshi KXKSHIBPERP | −0.012% | 0.0000% | 8h | $103K | $1.4M | 2x | as long as short |
| MEXC SHIB_USDT | 0.000% | +0.0100% | 8h | $34.4M | $15.0M | 300x | as long as short |
| Backpack kSHIB_USDC_PERP | 0.000% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |