After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.052%7d average+0.027%fees + slippage, in and out−$48spread needed0.482%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005819 | 0.0069 | pay 0.0069% / 8h | 1h 06m | $6.6M | $4.0M | 75x |
| Short | Bitget SHIBUSDT | 0.000005822 | 0.0100 | get 0.0100% / 8h | 1h 06m | $10.9M | $9.0M | 75x |
Gate SHIB_USDT
Bitget SHIBUSDTPrice 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
- $5.16
- Funding while held
- $0.93
- Slippage, 4 orders
- −$21.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$42.16
- Spread needed to break even
- 0.482%
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0031%
- Per $10,000 a day
- +$0.93
- 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 Gate live order book, 3 min ago | 0.87 bp | 13.2 bp −$13 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.87 bp | 9.6 bp −$10 | 18.6 bp −$186 | 48.0 bp −$4,804 | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Coinbase International0.000005737+14.740%Injective0.000005767+15.340%Kalshi0.000005800+15.998%Reya0.000005808+16.152%gTrade (Gains Network)0.000005811+16.222%Orderly0.000005812+16.240%Deribit0.000005816+16.320%HTX0.000005817+16.340%MEXC0.000005818+16.360%dYdX0.000005819+16.377%
GMX
Coinbase International
Injective
Reya
gTrade (Gains Network)
Orderly
Deribit
HTX
MEXC
dYdXGate0.000005819+16.380%
Extended0.000005819+16.389%Paradex0.000005820+16.392%BingX0.000005821+16.420%Kraken Futures0.000005822+16.432%
Extended
Paradex
BingX
Kraken FuturesBitget0.000005822+16.440%
BloFin0.000005822+16.440%Pacifica0.000005825+16.500%KuCoin0.000005828+16.560%Backpack0.000005828+16.560%Lighter0.000005829+16.580%SoDEX0.000005830+16.600%Phemex0.000005830+16.600%Aster0.000005831+16.611%SunX0.000005832+16.640%Binance0.000005833+16.665%OKX0.000005836+16.720%Hyperliquid0.000005839+16.780%
BloFin
Pacifica
KuCoin
Backpack
Lighter
SoDEX
Phemex
Aster
SunX
Binance
OKX
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] | −14.075% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −1.409% | +0.0008% | 1h | $91K | $873K | 50x | as long as short |
| Injective SHIB/USDC PERP | −0.894% | +0.0033% | 1h | $236 | $110K | 5.5x | as long as short |
| Kalshi KXKSHIBPERP | −0.328% | 0.0000% | 8h | $297K | $933K | 2x | as long as short |
| Reya kSHIBRUSDPERP | −0.196% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.136% | L +0.0007% / S −0.0014% | 1h | $2K | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.120% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.052% | +0.0094% | 1h | $46K | $52K | 25x | as long as short |
| HTX SHIB-USDT | −0.034% | +0.0100% | 8h | $399K | $736K | 75x | as long as short |
| MEXC SHIB_USDT | −0.017% | +0.0100% | 8h | $19.9M | $8.5M | 300x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | −0.003% | +0.5861% | 1h | $34K | $54K | 10x | as long as short |
| Gate SHIB_USDTlong | 0.000% | +0.0069% | 8h | $6.6M | $4.0M | 75x | |
| Extended 1000SHIB-USD | +0.008% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Paradex kSHIB-USD-PERP | +0.011% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| BingX 1000SHIB-USDC | +0.034% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Kraken Futures PF_SHIBUSD | +0.045% | +0.0337% | 1h | $1.1M | $650K | 50x | as long as short |
| Bitget SHIBUSDTshort | +0.052% | +0.0100% | 8h | $10.9M | $9.0M | 75x | |
| BloFin SHIB-USDT | +0.052% | +0.0220% | 8h | $724K | $811K | 50x | as long as short |
| Pacifica kSHIB | +0.103% | +0.0100% | 1h | $11K | $2K | 10x | as long as short |
| KuCoin SHIBUSDTM | +0.155% | +0.0100% | 8h | $4.9M | $2.0M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.155% | +0.0100% | 1h | $24K | $3K | 15x | as long as short |
| Lighter 1000SHIB | +0.172% | +0.0096% | 1h | $162K | $202K | 10x | as long as short |
| SoDEX 1000SHIB-USD | +0.189% | +0.0100% | 1h | $501 | $6K | 10x | as long as short |
| Phemex u1000SHIBUSDT | +0.189% | +0.0100% | 8h | $2.1M | $4.2M | 50x | as long as short |
| Aster 1000SHIBUSDT | +0.199% | +0.0100% | 8h | $46K | $163K | 50x | as long as short |
| SunX SHIB-USDT | +0.223% | +0.0100% | 8h | $2K | $16K | 20x | as long as short |
| Binance 1000SHIBUSDT | +0.245% | +0.0100% | 8h | $28.3M | $57.4M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.292% | +0.0100% | 8h | $7.5M | $19.6M | 50x | as long as short |
| Hyperliquid kSHIB | +0.344% | +0.0322% | 1h | $3.4M | $1.8M | 10x | as long as short |