Spread before costs (cost unknown: a leg has no order-book sample)+0.120%
7d average—if it closes, per $10,000$12funding while held, a day+$0.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005839 | −0.0001 | get 0.0001% / 8h | 7h 20m | $6.6M | $5.1M | 75x |
| Short | Deribit 1000SHIB_USDC-PERPETUAL | 0.000005846 | 0 | get 0.0000% / 1h | 20m 22s | $36K | $59K | 25x |
Gate SHIB_USDT
Deribit 1000SHIB_USDC-PERPETUALPrice 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
- $11.99
- Funding while held
- $0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$9.98
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.03
- 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, 4 min ago | 0.85 bp | 13.7 bp −$14 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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%
GMX
InjectiveGate0.000005839+16.780%
OKX0.000005840+16.800%MEXC0.000005840+16.800%BingX0.000005841+16.820%Reya0.000005841+16.828%Binance0.000005842+16.840%gTrade (Gains Network)0.000005843+16.864%Orderly0.000005844+16.880%Extended0.000005845+16.893%KuCoin0.000005845+16.900%SoDEX0.000005845+16.900%Paradex0.000005845+16.906%
OKX
MEXC
BingX
Reya
Binance
gTrade (Gains Network)
Orderly
Extended
KuCoin
SoDEX
ParadexDeribit0.000005846+16.920%
Kraken Futures0.000005847+16.935%Bitget0.000005847+16.940%Pacifica0.000005848+16.960%Aster0.000005850+16.997%Lighter0.000005850+17.000%dYdX0.000005850+17.004%Hyperliquid0.000005852+17.040%SunX0.000005858+17.160%Backpack0.000005862+17.240%BloFin0.000005864+17.280%Kalshi0.000005864+17.286%Phemex0.000005865+17.300%HTX0.000005868+17.360%Coinbase International0.000005900+18.000%
Kraken Futures
Bitget
Pacifica
Aster
Lighter
dYdX
Hyperliquid
SunX
Backpack
BloFin
Phemex
HTX
Coinbase InternationalSHIB 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] | −14.369% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.233% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Gate SHIB_USDTlong | 0.000% | −0.0001% | 8h | $6.6M | $5.1M | 75x | |
| OKX SHIB-USDT-SWAP | +0.017% | +0.0100% | 8h | $7.7M | $26.1M | 50x | as long as short |
| MEXC SHIB_USDT | +0.017% | +0.0100% | 8h | $32.2M | $14.3M | 300x | as long as short |
| BingX 1000SHIB-USDT | +0.034% | +0.0080% | 8h | — | $2.2M | — | as long as short |
| Reya kSHIBRUSDPERP | +0.041% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Binance 1000SHIBUSDT | +0.051% | +0.0100% | 8h | $28.2M | $79.8M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.072% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.086% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |