Spread before costs (cost unknown: a leg has no order-book sample)−0.227%
7d average—if it closes, per $10,000$23funding while held, a day+$2.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SHIB/USD | 0.000006072 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 54m 47s | $15K | — | 150x |
| Short | OKX SHIB-USDT-SWAP | 0.000006058 | 0.0100 | get 0.0100% / 8h | 7h 54m | $8.1M | $25.5M | 50x |
gTrade (Gains Network) SHIB/USD
OKX SHIB-USDT-SWAPPrice 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
- −$22.73
- Funding while held
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.92
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0094%
- Per $10,000 a day
- +$2.81
- 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 OKX live order book, 5 min ago | 0.83 bp | 8.5 bp −$8 | 21.1 bp −$211 | 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.Injective0.000005767cheapest
GMX0.000006000+4.040%
Injective
GMXOKX0.000006058+5.046%
Bitget0.000006060+5.081%BloFin0.000006061+5.098%Kraken Futures0.000006062+5.122%Aster0.000006063+5.141%MEXC0.000006064+5.150%HTX0.000006064+5.150%Kalshi0.000006064+5.153%Paradex0.000006065+5.162%Lighter0.000006065+5.167%KuCoin0.000006065+5.167%SoDEX0.000006065+5.167%dYdX0.000006066+5.185%Pacifica0.000006066+5.185%Gate0.000006066+5.185%Binance0.000006066+5.192%Backpack0.000006067+5.202%Extended0.000006068+5.213%Orderly0.000006069+5.237%BingX0.000006070+5.254%Phemex0.000006070+5.254%
Bitget
BloFin
Kraken Futures
Aster
MEXC
HTX
Paradex
Lighter
KuCoin
SoDEX
dYdX
Pacifica
Gate
Binance
Backpack
Extended
Orderly
BingX
PhemexgTrade (Gains Network)0.000006072+5.285%
SunX0.000006072+5.289%Hyperliquid0.000006072+5.289%Reya0.000006072+5.292%Deribit0.000006076+5.358%Coinbase International0.000006076+5.358%
SunX
Hyperliquid
Reya
Deribit
Coinbase InternationalSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −5.020% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −1.183% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| OKX SHIB-USDT-SWAPshort | −0.227% | +0.0100% | 8h | $8.1M | $25.5M | 50x | |
| Bitget SHIBUSDT | −0.194% | +0.0100% | 8h | $11.7M | $11.0M | 75x | as long as short |
| BloFin SHIB-USDT | −0.178% | +0.0220% | 8h | $747K | $906K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.155% | −0.0320% | 1h | $1.1M | $754K | 50x | as long as short |
| Aster 1000SHIBUSDT | −0.137% | +0.0100% | 8h | $41K | $180K | 50x | as long as short |
| MEXC SHIB_USDT | −0.128% | +0.0100% | 8h | $32.0M | $12.9M | 300x | as long as short |
| HTX SHIB-USDT | −0.128% | +0.0100% | 8h | $412K | $811K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.125% | 0.0000% | 8h | $128K | $1.5M | 2x | as long as short |