data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

SHIB

all SHIB markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.203%7d average+0.031%fees + slippage, in and out−$56spread needed0.557%
Long on GateShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SHIB_USDT0.0000059230.0100pay 0.0100% / 8h6h 31m$6.7M$5.1M75x
ShortCoinbase International 1000SHIB-PERP-INTX0.000005911−0.0048pay 0.0006% / 1h31m 15s$86K$759K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$20.26
Funding while held
−$4.44
Slippage, 4 orders
−$30.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$80.43
Spread needed to break even
0.557%
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 54 min ago.

Cost of waiting

funding view
Funding /8h
−0.0148%
Per $10,000 a day
−$4.44
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago1.69 bp13.7 bp −$1428.0 bp −$280doesn't fitdoesn't fit
Sell Coinbase International live order book, 54 min ago7.67 bp12.7 bp −$1317.4 bp −$174doesn't fitdoesn't fit

SHIB price on every exchange

against the cheapest. Click to use as the short leg.
GMX0.000005000cheapest
Injective0.000005767+15.340%
Coinbase International0.000005911+18.220%
OKX0.000005922+18.440%MEXC0.000005922+18.440%KuCoin0.000005922+18.440%Phemex0.000005922+18.440%
Gate0.000005923+18.460%
Extended0.000005924+18.474%Binance0.000005924+18.489%Reya0.000005926+18.517%gTrade (Gains Network)0.000005926+18.518%Lighter0.000005926+18.520%Bitget0.000005926+18.520%BingX0.000005926+18.520%SoDEX0.000005926+18.520%BloFin0.000005926+18.520%Aster0.000005927+18.533%dYdX0.000005927+18.540%Backpack0.000005927+18.540%Pacifica0.000005928+18.560%Deribit0.000005928+18.560%Paradex0.000005928+18.563%Kraken Futures0.000005929+18.571%Kalshi0.000005929+18.580%Orderly0.000005929+18.580%HTX0.000005930+18.600%Hyperliquid0.000005939+18.780%SunX0.000005941+18.820%

SHIB on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX SHIB/USD [ETH-USDC]−15.583%L +0.0213% / S −0.2404%1h$1K—100xas long as short
Injective SHIB/USDC PERP−2.634%+0.0033%1h$236$53K5.5xas long as short
Coinbase International 1000SHIB-PERP-INTXshort−0.203%−0.0048%1h$86K$759K50x
OKX SHIB-USDT-SWAP−0.017%+0.0100%8h$7.8M$26.1M50xas long as short
MEXC SHIB_USDT−0.017%+0.0100%8h$33.5M$14.7M300xas long as short
KuCoin SHIBUSDTM−0.017%+0.0100%8h$4.7M$2.4M75xas long as short
Phemex u1000SHIBUSDT−0.017%+0.0100%8h$2.1M$4.7M50xas long as short
Gate SHIB_USDTlong0.000%+0.0100%8h$6.7M$5.1M75x
Extended 1000SHIB-USD+0.011%+0.0104%1h$52K$4K25xas long as short
Binance 1000SHIBUSDT+0.024%+0.0100%8h$28.6M$79.0M75xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya kSHIBRUSDPERP+0.048%+0.0323%1h$1—20xas long as short
gTrade (Gains Network) SHIB/USD+0.049%L +0.0006% / S −0.0006%1h$15K—150xas long as short
Lighter 1000SHIB+0.051%+0.0096%1h$151K$305K10xas long as short
Bitget SHIBUSDT+0.051%+0.0100%8h$11.5M$11.2M75xas long as short
BingX 1000SHIB-USDC+0.051%+0.0080%8h—$1.6M—as long as short
SoDEX 1000SHIB-USD+0.051%+0.0100%1h$559$5K10xas long as short
BloFin SHIB-USDT+0.051%+0.0220%8h$748K$921K50xas long as short
Aster 1000SHIBUSDT+0.061%+0.0100%8h$40K$161K50xas long as short
dYdX SHIB-USD+0.068%+0.3686%1h$23K$66K10xas long as short
Backpack kSHIB_USDC_PERP+0.068%+0.0100%1h$27K$4K15xas long as short
Pacifica kSHIB+0.084%+0.0100%1h$11K$4K10xas long as short
Deribit 1000SHIB_USDC-PERPETUAL+0.084%+0.0256%1h$42K$64K25xas long as short
Paradex kSHIB-USD-PERP+0.087%+0.0099%8h$7K—20xas long as short
Kraken Futures PF_SHIBUSD+0.094%+0.0042%1h$1.1M$732K50xas long as short
Kalshi KXKSHIBPERP+0.101%0.0000%8h$106K$1.5M2xas long as short
Orderly PERP_1000SHIB_USDC+0.101%+0.0100%8h$6K$1K20xas long as short
HTX SHIB-USDT+0.118%+0.0100%8h$397K$703K75xas long as short
Hyperliquid kSHIB+0.270%+0.0463%1h$4.3M$3.6M10xas long as short
SunX SHIB-USDT+0.304%+0.0100%8h$2K$22K20xas long as short