Spread before costs (cost unknown: a leg has no order-book sample)−0.133%
7d average—if it closes, per $10,000$13funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006018 | 0 | get 0.0000% / 1h | 0m 47s | $37K | $59K | 25x |
| Short | HTX SHIB-USDT | 0.000006010 | 0.0100 | get 0.0100% / 8h | 0m 47s | $408K | $803K | 75x |
Deribit 1000SHIB_USDC-PERPETUAL
HTX SHIB-USDTPrice 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
- −$13.29
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$29.29
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; HTX: live order book, 49 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 HTX live order book, 49 min ago | 8.44 bp | 16.1 bp −$16 | 101.2 bp −$1,012 | 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.Injective0.000005767cheapestGMX0.000006000+4.040%Coinbase International0.000006003+4.092%Phemex0.000006005+4.127%Kalshi0.000006007+4.165%Gate0.000006009+4.196%BloFin0.000006009+4.196%Extended0.000006010+4.208%dYdX0.000006010+4.214%BingX0.000006010+4.214%
Injective
GMX
Coinbase International
Phemex
Gate
BloFin
Extended
dYdX
BingXHTX0.000006010+4.214%
Aster0.000006010+4.216%Kraken Futures0.000006011+4.231%Lighter0.000006011+4.231%Backpack0.000006011+4.231%SoDEX0.000006011+4.231%Pacifica0.000006012+4.248%MEXC0.000006012+4.248%Binance0.000006013+4.264%KuCoin0.000006013+4.266%OKX0.000006014+4.283%Bitget0.000006015+4.300%gTrade (Gains Network)0.000006016+4.314%Paradex0.000006016+4.316%SunX0.000006016+4.318%Reya0.000006016+4.321%Orderly0.000006017+4.335%
Aster
Kraken Futures
Lighter
Backpack
SoDEX
Pacifica
MEXC
Binance
KuCoin
OKX
Bitget
gTrade (Gains Network)
Paradex
SunX
Reya
OrderlyDeribit0.000006018+4.352%
Hyperliquid0.000006025+4.474%
HyperliquidSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.171% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −0.299% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.249% | −0.0008% | 1h | $96K | $844K | 50x | as long as short |
| Phemex u1000SHIBUSDT | −0.216% | +0.0100% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.179% | 0.0000% | 8h | $256K | $1.2M | 2x | as long as short |
| Gate SHIB_USDT | −0.150% | +0.0034% | 8h | $6.8M | $4.9M | 75x | as long as short |
| BloFin SHIB-USDT | −0.150% | +0.0220% | 8h | $743K | $896K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.138% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| dYdX SHIB-USD | −0.133% | +0.2683% | 1h | $23K | $66K | 10x | as long as short |
| BingX 1000SHIB-USDT | −0.133% | +0.0070% | 8h | — | $2.2M | — | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX SHIB-USDTshort | −0.133% | +0.0100% | 8h | $408K | $803K | 75x | |
| Aster 1000SHIBUSDT | −0.131% | +0.0100% | 8h | $43K | $177K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.117% | +0.0351% | 1h | $1.1M | $739K | 50x | as long as short |
| Lighter 1000SHIB | −0.116% | +0.0096% | 1h | $155K | $313K | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.116% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| SoDEX 1000SHIB-USD | −0.116% | +0.0100% | 1h | $550 | $5K | 10x | as long as short |
| Pacifica kSHIB | −0.100% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| MEXC SHIB_USDT | −0.100% | +0.0100% | 8h | $31.2M | $12.9M | 300x | as long as short |
| Binance 1000SHIBUSDT | −0.085% | +0.0100% | 8h | $29.0M | $72.6M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.083% | +0.0100% | 8h | $5.0M | $2.3M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | −0.066% | +0.0100% | 8h | $7.9M | $24.5M | 50x | as long as short |
| Bitget SHIBUSDT | −0.050% | +0.0100% | 8h | $11.7M | $10.7M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.037% | L +0.0006% / S −0.0001% | 1h | $732 | — | 150x | as long as short |
| Paradex kSHIB-USD-PERP | −0.035% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| SunX SHIB-USDT | −0.033% | +0.0100% | 8h | $2K | $21K | 20x | as long as short |
| Reya kSHIBRUSDPERP | −0.030% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.017% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $37K | $59K | 25x | |
| Hyperliquid kSHIB | +0.116% | +0.0189% | 1h | $3.7M | $2.6M | 10x | as long as short |