Spread before costs (cost unknown: a leg has no order-book sample)+0.076%
7d average—if it closes, per $10,000$8funding while held, a day−$0.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SHIB/USD | 0.000005933 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 28m 33s | $15K | — | 150x |
| Short | Kalshi KXKSHIBPERP | 0.000005937 | 0 | get 0.0000% / 8h | 2h 28m | $106K | $1.4M | 2x |
gTrade (Gains Network) SHIB/USDPrice 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
- $7.58
- Funding while held
- −$0.19
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$12.6
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; Kalshi: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0006%
- Per $10,000 a day
- −$0.19
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 1 min ago | 9.44 bp | 14.7 bp −$15 | 20.9 bp −$209 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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%Coinbase International0.000005926+18.520%HTX0.000005931+18.620%BloFin0.000005931+18.620%
GMX
Injective
Coinbase International
HTX
BloFingTrade (Gains Network)0.000005933+18.658%
SoDEX0.000005933+18.660%Reya0.000005935+18.701%Deribit0.000005936+18.720%Kraken Futures0.000005936+18.726%Orderly0.000005937+18.740%SunX0.000005937+18.740%Backpack0.000005940+18.800%Phemex0.000005940+18.800%Aster0.000005947+18.938%KuCoin0.000005949+18.980%Gate0.000005953+19.060%MEXC0.000005953+19.060%Lighter0.000005954+19.080%Pacifica0.000005954+19.080%OKX0.000005954+19.080%BingX0.000005954+19.080%dYdX0.000005954+19.081%Hyperliquid0.000005955+19.100%Extended0.000005955+19.100%Binance0.000005956+19.120%Paradex0.000005957+19.135%Bitget0.000005958+19.160%
SoDEX
Reya
Deribit
Kraken Futures
Orderly
SunX
Backpack
Phemex
Aster
KuCoin
Gate
MEXC
Lighter
Pacifica
OKX
BingX
dYdX
Hyperliquid
Extended
Binance
Paradex
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] | −15.724% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.796% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.116% | −0.0048% | 1h | $87K | $762K | 50x | as long as short |
| HTX SHIB-USDT | −0.032% | +0.0100% | 8h | $397K | $703K | 75x | as long as short |
| BloFin SHIB-USDT | −0.032% | +0.0220% | 8h | $748K | $922K | 50x | as long as short |
| gTrade (Gains Network) SHIB/USDlong | 0.000% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | |
| SoDEX 1000SHIB-USD | +0.002% | +0.0100% | 1h | $559 | $5K | 10x | as long as short |
| Reya kSHIBRUSDPERP | +0.036% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.052% | +0.0087% | 1h | $42K | $64K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.057% | +0.0042% | 1h | $1.1M | $733K | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_1000SHIB_USDC | +0.069% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| SunX SHIB-USDT | +0.069% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Kalshi KXKSHIBPERPshort | +0.076% | 0.0000% | 8h | $106K | $1.4M | 2x | |
| Backpack kSHIB_USDC_PERP | +0.120% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Phemex u1000SHIBUSDT | +0.120% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| Aster 1000SHIBUSDT | +0.236% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| KuCoin SHIBUSDTM | +0.271% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| Gate SHIB_USDT | +0.339% | +0.0091% | 8h | $6.7M | $5.1M | 75x | as long as short |
| MEXC SHIB_USDT | +0.339% | +0.0100% | 8h | $33.7M | $14.7M | 300x | as long as short |
| Lighter 1000SHIB | +0.356% | +0.0096% | 1h | $152K | $305K | 10x | as long as short |
| Pacifica kSHIB | +0.356% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | +0.356% | +0.0100% | 8h | $7.8M | $26.2M | 50x | as long as short |
| BingX 1000SHIB-USDT | +0.356% | +0.0001% | 8h | — | $2.1M | — | as long as short |
| dYdX SHIB-USD | +0.357% | +0.3627% | 1h | $23K | $66K | 10x | as long as short |
| Hyperliquid kSHIB | +0.372% | +0.0480% | 1h | $4.3M | $3.6M | 10x | as long as short |
| Extended 1000SHIB-USD | +0.372% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Binance 1000SHIBUSDT | +0.389% | +0.0100% | 8h | $28.7M | $79.0M | 75x | as long as short |
| Paradex kSHIB-USD-PERP | +0.402% | +0.0099% | 8h | $7K | — | 20x | as long as short |
| Bitget SHIBUSDT | +0.423% | +0.0100% | 8h | $11.5M | $11.2M | 75x | as long as short |