Spread before costs (cost unknown: a leg has no order-book sample)−15.182%
7d average—if it closes, per $10,000$1518funding while held, a day+$5.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SHIB-USD | 0.000005895 | 0.2233 | pay 0.0279% / 1h | 7m 49s | $23K | $66K | 10x |
| Short | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0213% / S −0.2404% | get 0.0300% / 1h | 7m 49s | $1K | — | 100x |
dYdX SHIB-USD
GMX SHIB/USD [ETH-USDC]Price 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
- −$1,518.24
- Funding while held
- $5.1
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,535.13
- Spread needed to break even
- 0.220%
Slippage unknown: dYdX: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0170%
- Per $10,000 a day
- +$5.10
- 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 GMX no order-book sample | — | — | — | — | — |
dYdX and GMX: 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.GMX0.000005000cheapest
Injective0.000005767+15.340%KuCoin0.000005882+17.640%HTX0.000005883+17.660%Kalshi0.000005883+17.670%gTrade (Gains Network)0.000005884+17.678%SoDEX0.000005885+17.700%Deribit0.000005885+17.700%Reya0.000005886+17.717%Kraken Futures0.000005886+17.729%Extended0.000005887+17.740%Lighter0.000005887+17.740%Backpack0.000005887+17.740%MEXC0.000005888+17.760%Orderly0.000005888+17.760%Gate0.000005889+17.780%Aster0.000005891+17.812%Binance0.000005892+17.831%BloFin0.000005893+17.860%OKX0.000005894+17.880%BingX0.000005894+17.880%Phemex0.000005894+17.880%
Injective
KuCoin
HTX
gTrade (Gains Network)
SoDEX
Deribit
Reya
Kraken Futures
Extended
Lighter
Backpack
MEXC
Orderly
Gate
Aster
Binance
BloFin
OKX
BingX
PhemexdYdX0.000005895+17.900%
SunX0.000005895+17.900%Paradex0.000005896+17.920%Pacifica0.000005896+17.920%Hyperliquid0.000005897+17.940%Coinbase International0.000005897+17.940%Bitget0.000005899+17.980%
SunX
Paradex
Pacifica
Hyperliquid
Coinbase International
BitgetSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX SHIB/USD [ETH-USDC]short | −15.182% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | −2.171% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| KuCoin SHIBUSDTM | −0.221% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| HTX SHIB-USDT | −0.204% | +0.0100% | 8h | $394K | $675K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.195% | 0.0000% | 8h | $114K | $1.4M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.188% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| SoDEX 1000SHIB-USD | −0.170% | +0.0100% | 1h | $570 | $5K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.170% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| Reya kSHIBRUSDPERP | −0.155% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.145% | +0.0042% | 1h | $1.1M | $737K | 50x | as long as short |