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+$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006005 | 0 | get 0.0000% / 1h | 59m 58s | $37K | $59K | 25x |
| Short | Lighter 1000SHIB | 0.000006005 | 0.0096 | get 0.0012% / 1h | 59m 58s | $155K | $313K | 10x |
Deribit 1000SHIB_USDC-PERPETUAL
Lighter 1000SHIBPrice 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
- $2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.12
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 41 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- 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 Lighter live order book, 41 min ago | 4.23 bp | 7.9 bp −$8 | 53.2 bp −$532 | 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%Phemex0.000006000+4.040%Gate0.000006003+4.092%SoDEX0.000006003+4.092%Coinbase International0.000006003+4.092%Orderly0.000006004+4.110%
Injective
GMX
Phemex
Gate
SoDEX
Coinbase International
OrderlyLighter0.000006005+4.127%
Deribit0.000006005+4.127%
HTX0.000006005+4.127%Backpack0.000006006+4.144%Kraken Futures0.000006007+4.162%Aster0.000006009+4.188%BloFin0.000006009+4.196%gTrade (Gains Network)0.000006009+4.201%Reya0.000006010+4.208%dYdX0.000006010+4.214%OKX0.000006010+4.214%KuCoin0.000006010+4.214%Extended0.000006011+4.237%Pacifica0.000006012+4.248%BingX0.000006012+4.248%Kalshi0.000006014+4.274%MEXC0.000006014+4.283%Bitget0.000006014+4.283%SunX0.000006014+4.283%Binance0.000006014+4.286%Paradex0.000006016+4.316%Hyperliquid0.000006019+4.370%
HTX
Backpack
Kraken Futures
Aster
BloFin
gTrade (Gains Network)
Reya
dYdX
OKX
KuCoin
Extended
Pacifica
BingX
MEXC
Bitget
SunX
Binance
Paradex
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 | −3.963% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −0.083% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Phemex u1000SHIBUSDT | −0.083% | +0.0100% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Gate SHIB_USDT | −0.033% | +0.0035% | 8h | $6.8M | $4.9M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.033% | +0.0100% | 1h | $542 | $5K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.033% | −0.0008% | 1h | $96K | $845K | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.017% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Lighter 1000SHIBshort | 0.000% | +0.0096% | 1h | $155K | $313K | 10x | |
| Deribit 1000SHIB_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $37K | $59K | 25x | |
| HTX SHIB-USDT | 0.000% | +0.0100% | 8h | $407K | $803K | 75x | as long as short |