Spread before costs (cost unknown: a leg has no order-book sample)−0.116%
7d average—if it closes, per $10,000$12funding while held, a day−$82.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000006010 | 0.2737 | pay 0.0342% / 1h | 59m 41s | $23K | $66K | 10x |
| Short | Coinbase International 1000SHIB-PERP-INTX | 0.000006003 | −0.0008 | pay 0.0001% / 1h | 59m 41s | $96K | $845K | 50x |
dYdX SHIB-USD
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
- −$11.65
- Funding while held
- −$82.36
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$114.01
- Spread needed to break even
- 0.200%
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 30 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2745%
- Per $10,000 a day
- −$82.36
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 30 min ago | 8.54 bp | 13.5 bp −$14 | 19.2 bp −$192 | doesn't fit | doesn't fit |
dYdX: 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%SoDEX0.000006003+4.092%
Injective
GMX
Phemex
SoDEXCoinbase International0.000006003+4.092%
Orderly0.000006004+4.110%Deribit0.000006005+4.127%HTX0.000006005+4.127%Backpack0.000006006+4.144%Gate0.000006007+4.162%Kraken Futures0.000006007+4.162%BloFin0.000006009+4.196%gTrade (Gains Network)0.000006009+4.201%Reya0.000006010+4.208%
Orderly
Deribit
HTX
Backpack
Gate
Kraken Futures
BloFin
gTrade (Gains Network)
ReyadYdX0.000006010+4.214%
KuCoin0.000006010+4.214%BingX0.000006010+4.214%Extended0.000006011+4.237%Kalshi0.000006014+4.274%MEXC0.000006014+4.283%Bitget0.000006014+4.283%SunX0.000006014+4.283%Aster0.000006015+4.302%Paradex0.000006016+4.316%Lighter0.000006017+4.335%Hyperliquid0.000006023+4.439%OKX0.000006033+4.612%Pacifica0.000006035+4.647%Binance0.000006037+4.687%
KuCoin
BingX
Extended
MEXC
Bitget
SunX
Aster
Paradex
Lighter
Hyperliquid
OKX
Pacifica
BinanceSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.043% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −0.166% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Phemex u1000SHIBUSDT | −0.166% | +0.0100% | 8h | $2.1M | $4.5M | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.116% | +0.0100% | 1h | $542 | $5K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTXshort | −0.116% | −0.0008% | 1h | $96K | $845K | 50x | |
| Orderly PERP_1000SHIB_USDC | −0.100% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.083% | 0.0000% | 1h | $37K | $59K | 25x | as long as short |
| HTX SHIB-USDT | −0.083% | +0.0100% | 8h | $407K | $803K | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.067% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Gate SHIB_USDT | −0.050% | +0.0035% | 8h | $6.8M | $4.9M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SHIBUSD | −0.049% | +0.0351% | 1h | $1.1M | $739K | 50x | as long as short |
| BloFin SHIB-USDT | −0.017% | +0.0220% | 8h | $743K | $896K | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.012% | L +0.0006% / S −0.0001% | 1h | $731 | — | 150x | as long as short |
| Reya kSHIBRUSDPERP | −0.005% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| dYdX SHIB-USDlong | 0.000% | +0.2737% | 1h | $23K | $66K | 10x | |
| KuCoin SHIBUSDTM | 0.000% | +0.0100% | 8h | $4.8M | $2.3M | 75x | as long as short |
| BingX 1000SHIB-USDT | 0.000% | +0.0070% | 8h | — | $2.2M | — | as long as short |
| Extended 1000SHIB-USD | +0.022% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| Kalshi KXKSHIBPERP | +0.058% | 0.0000% | 8h | $256K | $1.2M | 2x | as long as short |
| MEXC SHIB_USDT | +0.067% | +0.0100% | 8h | $31.2M | $12.9M | 300x | as long as short |
| Bitget SHIBUSDT | +0.067% | +0.0100% | 8h | $11.7M | $10.7M | 75x | as long as short |
| SunX SHIB-USDT | +0.067% | +0.0100% | 8h | $2K | $21K | 20x | as long as short |
| Aster 1000SHIBUSDT | +0.084% | +0.0100% | 8h | $43K | $177K | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.098% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Lighter 1000SHIB | +0.116% | +0.0096% | 1h | $156K | $294K | 10x | as long as short |
| Hyperliquid kSHIB | +0.216% | +0.0165% | 1h | $3.7M | $2.6M | 10x | as long as short |
| OKX SHIB-USDT-SWAP | +0.383% | +0.0100% | 8h | $7.9M | $24.6M | 50x | as long as short |
| Pacifica kSHIB | +0.416% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.454% | +0.0100% | 8h | $29.1M | $72.7M | 75x | as long as short |