Spread before costs (cost unknown: a leg has no order-book sample)−0.083%
7d average—if it closes, per $10,000$8funding while held, a day−$80.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000006010 | 0.2683 | pay 0.0335% / 1h | 0m 16s | $23K | $66K | 10x |
| Short | Deribit 1000SHIB_USDC-PERPETUAL | 0.000006005 | 0 | get 0.0000% / 1h | 0m 16s | $37K | $59K | 25x |
dYdX SHIB-USD
Deribit 1000SHIB_USDC-PERPETUALPrice 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
- −$8.32
- Funding while held
- −$80.48
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$105.8
- Spread needed to break even
- 0.170%
Slippage unknown: dYdX: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2683%
- Per $10,000 a day
- −$80.48
- 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 Deribit no order-book sample | — | — | — | — | — |
dYdX and 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%Extended0.000006000+4.043%OKX0.000006001+4.058%SoDEX0.000006003+4.092%Coinbase International0.000006003+4.092%Gate0.000006004+4.110%Orderly0.000006004+4.110%Bitget0.000006005+4.127%
Injective
GMX
Phemex
Extended
OKX
SoDEX
Coinbase International
Gate
Orderly
BitgetDeribit0.000006005+4.127%
HTX0.000006005+4.127%BingX0.000006007+4.162%Kraken Futures0.000006007+4.162%Kalshi0.000006007+4.165%BloFin0.000006009+4.196%gTrade (Gains Network)0.000006009+4.201%Reya0.000006010+4.208%
HTX
BingX
Kraken Futures
BloFin
gTrade (Gains Network)
ReyadYdX0.000006010+4.214%
Binance0.000006011+4.230%Lighter0.000006011+4.231%Backpack0.000006011+4.231%Pacifica0.000006012+4.248%KuCoin0.000006012+4.248%MEXC0.000006014+4.283%SunX0.000006014+4.283%Paradex0.000006016+4.316%Aster0.000006017+4.331%Hyperliquid0.000006021+4.404%
Binance
Lighter
Backpack
Pacifica
KuCoin
MEXC
SunX
Paradex
Aster
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 | −4.043% | +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 |
| Extended 1000SHIB-USD | −0.164% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| OKX SHIB-USDT-SWAP | −0.150% | +0.0100% | 8h | $7.9M | $24.4M | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.116% | +0.0100% | 1h | $542 | $5K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.116% | −0.0008% | 1h | $96K | $845K | 50x | as long as short |
| Gate SHIB_USDT | −0.100% | +0.0035% | 8h | $6.8M | $4.9M | 75x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.100% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Bitget SHIBUSDT | −0.083% | +0.0100% | 8h | $11.7M | $10.7M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit 1000SHIB_USDC-PERPETUALshort | −0.083% | 0.0000% | 1h | $37K | $59K | 25x | |
| HTX SHIB-USDT | −0.083% | +0.0100% | 8h | $407K | $803K | 75x | as long as short |
| BingX 1000SHIB-USDT | −0.050% | +0.0070% | 8h | — | $2.2M | — | as long as short |
| Kraken Futures PF_SHIBUSD | −0.049% | +0.0351% | 1h | $1.1M | $739K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.047% | 0.0000% | 8h | $256K | $1.2M | 2x | 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% | +0.2683% | 1h | $23K | $66K | 10x | |
| Binance 1000SHIBUSDT | +0.015% | +0.0100% | 8h | $29.0M | $72.6M | 75x | as long as short |
| Lighter 1000SHIB | +0.017% | +0.0096% | 1h | $155K | $313K | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.017% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Pacifica kSHIB | +0.033% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| KuCoin SHIBUSDTM | +0.033% | +0.0100% | 8h | $5.0M | $2.3M | 75x | as long as short |
| MEXC SHIB_USDT | +0.067% | +0.0100% | 8h | $31.2M | $12.9M | 300x | as long as short |
| SunX SHIB-USDT | +0.067% | +0.0100% | 8h | $2K | $21K | 20x | as long as short |
| Paradex kSHIB-USD-PERP | +0.098% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Aster 1000SHIBUSDT | +0.113% | +0.0100% | 8h | $43K | $177K | 50x | as long as short |
| Hyperliquid kSHIB | +0.183% | +0.0188% | 1h | $3.7M | $2.6M | 10x | as long as short |