Spread before costs (cost unknown: a leg has no order-book sample)+0.041%
7d average—if it closes, per $10,000$4funding while held, a day+$2.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SHIB/USD | 0.000005853 | L +0.0007% / S −0.0008% | pay 0.0001% / 1h | 29m 53s | $1K | — | 150x |
| Short | SoDEX 1000SHIB-USD | 0.000005855 | 0.0100 | get 0.0013% / 1h | 29m 53s | $511 | $5K | 10x |
gTrade (Gains Network) SHIB/USD
SoDEX 1000SHIB-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
- $4.1
- Funding while held
- $2.8
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$11.1
- Spread needed to break even
- 0.180%
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0093%
- Per $10,000 a day
- +$2.80
- 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 SoDEX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and SoDEX: 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%Pacifica0.000005851+17.020%HTX0.000005851+17.020%Reya0.000005851+17.020%dYdX0.000005851+17.029%BingX0.000005852+17.040%Deribit0.000005852+17.040%Kalshi0.000005852+17.046%Kraken Futures0.000005852+17.047%
GMX
Injective
Pacifica
HTX
Reya
dYdX
BingX
Deribit
Kraken FuturesgTrade (Gains Network)0.000005853+17.052%
Phemex0.000005853+17.060%BloFin0.000005853+17.060%Extended0.000005853+17.065%Lighter0.000005854+17.080%Gate0.000005854+17.080%OKX0.000005855+17.100%Orderly0.000005855+17.100%
Phemex
BloFin
Extended
Lighter
Gate
OKX
OrderlySoDEX0.000005855+17.100%
Paradex0.000005855+17.104%MEXC0.000005856+17.120%Binance0.000005857+17.144%KuCoin0.000005858+17.160%Bitget0.000005858+17.160%Backpack0.000005858+17.160%Aster0.000005858+17.165%Coinbase International0.000005859+17.180%SunX0.000005861+17.220%Hyperliquid0.000005865+17.300%
Paradex
MEXC
Binance
KuCoin
Bitget
Backpack
Aster
Coinbase International
SunX
HyperliquidSHIB 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] | −14.568% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.463% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Pacifica kSHIB | −0.027% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| HTX SHIB-USDT | −0.027% | +0.0100% | 8h | $397K | $788K | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.027% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | −0.020% | +0.2499% | 1h | $22K | $66K | 10x | as long as short |
| BingX 1000SHIB-USDC | −0.010% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.010% | 0.0000% | 1h | $36K | $63K | 25x | as long as short |
| Kalshi KXKSHIBPERP | −0.005% | 0.0000% | 8h | $249K | $1.2M | 2x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.004% | +0.0360% | 1h | $1.1M | $705K | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) SHIB/USDlong | 0.000% | L +0.0007% / S −0.0008% | 1h | $1K | — | 150x | |
| Phemex u1000SHIBUSDT | +0.007% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| BloFin SHIB-USDT | +0.007% | +0.0220% | 8h | $745K | $846K | 50x | as long as short |
| Extended 1000SHIB-USD | +0.011% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Lighter 1000SHIB | +0.024% | +0.0096% | 1h | $157K | $296K | 10x | as long as short |
| Gate SHIB_USDT | +0.024% | +0.0065% | 8h | $6.6M | $4.5M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.041% | +0.0100% | 8h | $7.6M | $22.4M | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.041% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| SoDEX 1000SHIB-USDshort | +0.041% | +0.0100% | 1h | $511 | $5K | 10x | |
| Paradex kSHIB-USD-PERP | +0.044% | +0.0097% | 8h | $7K | — | 20x | as long as short |
| MEXC SHIB_USDT | +0.058% | +0.0100% | 8h | $34.9M | $10.8M | 300x | as long as short |
| Binance 1000SHIBUSDT | +0.079% | +0.0100% | 8h | $28.3M | $67.5M | 75x | as long as short |
| KuCoin SHIBUSDTM | +0.092% | +0.0100% | 8h | $4.9M | $2.2M | 75x | as long as short |
| Bitget SHIBUSDT | +0.092% | +0.0100% | 8h | $11.1M | $10.0M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.092% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Aster 1000SHIBUSDT | +0.097% | +0.0100% | 8h | $43K | $171K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.109% | −0.0008% | 1h | $92K | $885K | 50x | as long as short |
| SunX SHIB-USDT | +0.144% | +0.0100% | 8h | $2K | $20K | 20x | as long as short |
| Hyperliquid kSHIB | +0.212% | +0.0212% | 1h | $3.5M | $2.3M | 10x | as long as short |