Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day+$1.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000SHIB-USD | 0.000005999 | 0.0104 | pay 0.0013% / 1h | 49m 03s | $53K | $6K | 25x |
| Short | Phemex u1000SHIBUSDT | 0.000006000 | 0.0160 | get 0.0160% / 8h | 7h 49m | $2.1M | $4.5M | 50x |
Extended 1000SHIB-USD
Phemex u1000SHIBUSDTPrice 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
- $2.13
- Funding while held
- $1.68
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$13.19
- Spread needed to break even
- 0.170%
Slippage unknown: Extended: no order-book sample; Phemex: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0056%
- Per $10,000 a day
- +$1.68
- 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 Phemex live order book, 6 min ago | 21.39 bp | 35.0 bp −$35 | 79.9 bp −$799 | 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%Reya0.000005996+19.923%Gate0.000005998+19.960%HTX0.000005998+19.960%BloFin0.000005998+19.960%
GMX
Injective
Reya
Gate
HTX
BloFinExtended0.000005999+19.974%
MEXC0.000005999+19.980%KuCoin0.000006000+20.000%
MEXC
KuCoinPhemex0.000006000+20.000%
gTrade (Gains Network)0.000006000+20.002%Kraken Futures0.000006002+20.038%Lighter0.000006002+20.040%Pacifica0.000006002+20.040%OKX0.000006002+20.040%Kalshi0.000006002+20.050%dYdX0.000006003+20.060%Bitget0.000006003+20.060%BingX0.000006003+20.060%Orderly0.000006003+20.060%Deribit0.000006003+20.060%Backpack0.000006004+20.080%Paradex0.000006006+20.120%Aster0.000006007+20.143%Binance0.000006008+20.159%SunX0.000006010+20.200%Hyperliquid0.000006011+20.220%SoDEX0.000006011+20.220%Coinbase International0.000006018+20.360%
gTrade (Gains Network)
Kraken Futures
Lighter
Pacifica
OKX
dYdX
Bitget
BingX
Orderly
Deribit
Backpack
Paradex
Aster
Binance
SunX
Hyperliquid
SoDEX
Coinbase InternationalSHIB 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] | −16.649% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.863% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Reya kSHIBRUSDPERP | −0.043% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Gate SHIB_USDT | −0.012% | −0.0412% | 8h | $6.8M | $4.8M | 75x | as long as short |
| HTX SHIB-USDT | −0.012% | +0.0100% | 8h | $402K | $816K | 75x | as long as short |
| BloFin SHIB-USDT | −0.012% | +0.0220% | 8h | $766K | $897K | 50x | as long as short |
| Extended 1000SHIB-USDlong | 0.000% | +0.0104% | 1h | $53K | $6K | 25x | |
| MEXC SHIB_USDT | +0.005% | +0.0100% | 8h | $31.5M | $13.2M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.021% | +0.0100% | 8h | $4.8M | $2.4M | 75x | as long as short |
| Phemex u1000SHIBUSDTshort | +0.021% | +0.0160% | 8h | $2.1M | $4.5M | 50x |