Spread before costs (cost unknown: a leg has no order-book sample)−1.654%
7d average+0.194%if it closes, per $10,000$165funding while held, a day+$0.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005864 | 0.0008 | pay 0.0008% / 8h | 7h 24m | $6.6M | $5.1M | 75x |
| Short | Injective SHIB/USDC PERP | 0.000005767 | 0.0033 | get 0.0004% / 1h | 24m 24s | $236 | $90K | 5.5x |
Gate SHIB_USDT
Injective SHIB/USDC PERPPrice 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
- −$165.42
- Funding while held
- $0.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$179.68
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, just now; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0025%
- Per $10,000 a day
- +$0.76
- 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, just now | 0.85 bp | 13.7 bp −$14 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
GMXInjective0.000005767+15.340%
dYdX0.000005862+17.242%Backpack0.000005863+17.260%Reya0.000005863+17.264%Extended0.000005863+17.265%Aster0.000005863+17.270%Lighter0.000005864+17.280%Pacifica0.000005864+17.280%
dYdX
Backpack
Reya
Extended
Aster
Lighter
PacificaGate0.000005864+17.280%
OKX0.000005865+17.300%BingX0.000005866+17.320%Paradex0.000005867+17.339%MEXC0.000005868+17.360%KuCoin0.000005868+17.360%Bitget0.000005869+17.380%Binance0.000005870+17.401%gTrade (Gains Network)0.000005871+17.414%Phemex0.000005874+17.480%Orderly0.000005876+17.520%SoDEX0.000005876+17.520%HTX0.000005876+17.520%BloFin0.000005876+17.520%Deribit0.000005877+17.540%Hyperliquid0.000005878+17.560%Kraken Futures0.000005880+17.597%Kalshi0.000005886+17.716%SunX0.000005888+17.760%Coinbase International0.000005900+18.000%
OKX
BingX
Paradex
MEXC
KuCoin
Bitget
Binance
gTrade (Gains Network)
Phemex
Orderly
SoDEX
HTX
BloFin
Deribit
Hyperliquid
Kraken Futures
SunX
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] | −14.734% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPshort | −1.654% | +0.0033% | 1h | $236 | $90K | 5.5x | |
| dYdX SHIB-USD | −0.032% | +0.6756% | 1h | $22K | $66K | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.017% | +0.0100% | 1h | $27K | $5K | 15x | as long as short |
| Reya kSHIBRUSDPERP | −0.013% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Extended 1000SHIB-USD | −0.013% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Aster 1000SHIBUSDT | −0.009% | +0.0100% | 8h | $39K | $183K | 50x | as long as short |
| Lighter 1000SHIB | 0.000% | +0.0096% | 1h | $152K | $307K | 10x | as long as short |
| Pacifica kSHIB | 0.000% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Gate SHIB_USDTlong | 0.000% | +0.0008% | 8h | $6.6M | $5.1M | 75x |