Spread before costs (cost unknown: a leg has no order-book sample)+0.108%
7d average—if it closes, per $10,000$11funding while held, a day−$1.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000SHIB-USD | 0.000005900 | 0.0104 | pay 0.0013% / 1h | 55m 13s | $52K | $6K | 25x |
| Short | Kraken Futures PF_SHIBUSD | 0.000005907 | 0.0042 | get 0.0005% / 1h | 55m 13s | $1.1M | $793K | 50x |
Extended 1000SHIB-USD
Kraken Futures PF_SHIBUSDPrice 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
- $10.78
- Funding while held
- −$1.85
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$6.07
- Spread needed to break even
- 0.150%
Slippage unknown: Extended: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0062%
- Per $10,000 a day
- −$1.85
- 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 Extended no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 4.22 bp | 19.8 bp −$20 | 32.9 bp −$329 | doesn't fit | doesn't fit |
Extended: 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%Gate0.000005895+17.900%Reya0.000005895+17.903%BingX0.000005899+17.980%Coinbase International0.000005899+17.980%
GMX
Injective
Gate
Reya
BingX
Coinbase InternationalExtended0.000005900+18.004%
KuCoin0.000005901+18.020%Bitget0.000005901+18.020%gTrade (Gains Network)0.000005902+18.032%Phemex0.000005902+18.040%Aster0.000005902+18.040%Binance0.000005903+18.055%Deribit0.000005903+18.060%HTX0.000005903+18.060%Orderly0.000005904+18.080%SoDEX0.000005904+18.080%Backpack0.000005905+18.100%Kalshi0.000005905+18.104%Paradex0.000005905+18.107%MEXC0.000005906+18.120%BloFin0.000005906+18.120%
KuCoin
Bitget
gTrade (Gains Network)
Phemex
Aster
Binance
Deribit
HTX
Orderly
SoDEX
Backpack
Paradex
MEXC
BloFinKraken Futures0.000005907+18.131%
Lighter0.000005907+18.140%Pacifica0.000005907+18.140%OKX0.000005909+18.180%SunX0.000005909+18.180%Hyperliquid0.000005909+18.180%dYdX0.000005910+18.200%
Lighter
Pacifica
OKX
SunX
Hyperliquid
dYdXSHIB 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] | −15.257% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.257% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Gate SHIB_USDT | −0.088% | +0.0100% | 8h | $6.7M | $5.0M | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.085% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| BingX 1000SHIB-USDT | −0.020% | +0.0037% | 8h | — | $2.2M | — | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.020% | −0.0048% | 1h | $86K | $833K | 50x | as long as short |
| Extended 1000SHIB-USDlong | 0.000% | +0.0104% | 1h | $52K | $6K | 25x | |
| KuCoin SHIBUSDTM | +0.014% | +0.0100% | 8h | $4.7M | $2.5M | 75x | as long as short |
| Bitget SHIBUSDT | +0.014% | +0.0100% | 8h | $11.3M | $11.7M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.024% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |