data as of
Settings8H · net · $10k
Price arb /

SHIB

all SHIB markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.034%
7d averageif it closes, per $10,000$3funding while held, a day+$3.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit 1000SHIB_USDC-PERPETUAL0.0000058680get 0.0000% / 1h57m 50s$46K$52K25x
ShortPacifica kSHIB0.0000058700.0100get 0.0013% / 1h57m 50s$12K$3K10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$3.41
Funding while held
$3
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$8.59
Spread needed to break even
0.150%
Slippage unknown: Deribit: no order-book sample; Pacifica: no order-book sample. 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Pacifica no order-book sample
Deribit and Pacifica: 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.

SHIB on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX SHIB/USD [ETH-USDC]−14.792%L +0.0215% / S −0.2404%1h$1K100xas long as short
Injective SHIB/USDC PERP−1.721%+0.0306%1h$236$110K5.5xas long as short
Binance 1000SHIBUSDT−0.197%+0.0100%8h$28.4M$59.2M75xas long as short
OKX SHIB-USDT-SWAP−0.170%+0.0100%8h$7.5M$20.3M50xas long as short
Lighter 1000SHIB−0.153%+0.0096%1h$159K$208K10xas long as short
MEXC SHIB_USDT−0.153%+0.0100%8h$19.9M$8.1M300xas long as short
dYdX SHIB-USD−0.152%0.0000%1h$34K$54K10xas long as short
BloFin SHIB-USDT−0.136%+0.0220%8h$713K$823K50xas long as short
KuCoin SHIBUSDTM−0.119%+0.0100%8h$5.0M$2.0M75xas long as short
Extended 1000SHIB-USD−0.107%+0.0104%1h$52K$6K25xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya kSHIBRUSDPERP−0.088%+0.0323%1h$120xas long as short
Gate SHIB_USDT−0.085%+0.0074%8h$6.6M$4.0M75xas long as short
Aster 1000SHIBUSDT−0.085%+0.0100%8h$46K$164K50xas long as short
Backpack kSHIB_USDC_PERP−0.051%+0.0327%1h$24K$3K15xas long as short
HTX SHIB-USDT−0.034%+0.0100%8h$401K$769K75xas long as short
Bitget SHIBUSDT−0.017%+0.0100%8h$11.1M$9.3M75xas long as short
Orderly PERP_1000SHIB_USDC−0.017%+0.0100%8h$6K$1K20xas long as short
SoDEX 1000SHIB-USD−0.017%+0.0100%1h$516$5K10xas long as short
Kraken Futures PF_SHIBUSD−0.013%+0.0359%1h$1.1M$654K50xas long as short
BingX 1000SHIB-USDT0.000%+0.0070%8h$2.2Mas long as short
Deribit 1000SHIB_USDC-PERPETUALlong0.000%0.0000%1h$46K$52K25x
Pacifica kSHIBshort+0.034%+0.0100%1h$12K$3K10x
Phemex u1000SHIBUSDT+0.034%+0.0100%8h$2.1M$4.3M50xas long as short
gTrade (Gains Network) SHIB/USD+0.039%L +0.0007% / S −0.0008%1h$1K150xas long as short
Hyperliquid kSHIB+0.102%+0.0393%1h$3.5M$2.0M10xas long as short
Paradex kSHIB-USD-PERP+0.120%+0.0100%8h$7K20xas long as short
SunX SHIB-USDT+0.136%+0.0100%8h$2K$17K20xas long as short
Coinbase International 1000SHIB-PERP-INTX+0.170%−0.0008%1h$93K$911K50xas long as short
Kalshi KXKSHIBPERP+0.254%0.0000%8h$300K$955K2xas long as short