After costs, if the gap returns to its 7d average, $10k−$49
spread now+0.066%7d average−0.014%fees + slippage, in and out−$57spread needed0.570%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005895 | 0.0100 | pay 0.0100% / 8h | 6h 56m | $6.7M | $5.0M | 75x |
| Short | Kalshi KXKSHIBPERP | 0.000005899 | 0 | get 0.0000% / 8h | 2h 56m | $102K | $1.6M | 2x |
Gate SHIB_USDTPrice 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
- $6.62
- Funding while held
- −$3
- Slippage, 4 orders
- −$32.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$53.41
- Spread needed to break even
- 0.570%
Slippage from Gate: live order book, 4 min ago; Kalshi: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 | 1.69 bp | 14.0 bp −$14 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 9.12 bp | 15.5 bp −$16 | 22.2 bp −$222 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%
GMX
InjectiveGate0.000005895+17.900%
OKX0.000005897+17.940%Extended0.000005898+17.966%BingX0.000005899+17.980%Coinbase International0.000005899+17.980%MEXC0.000005900+18.000%KuCoin0.000005900+18.000%Deribit0.000005901+18.020%Phemex0.000005901+18.020%gTrade (Gains Network)0.000005901+18.022%Lighter0.000005902+18.040%SoDEX0.000005902+18.040%Kraken Futures0.000005902+18.048%Binance0.000005903+18.051%Reya0.000005903+18.056%Bitget0.000005903+18.060%Orderly0.000005903+18.060%HTX0.000005904+18.080%Backpack0.000005905+18.100%Aster0.000005908+18.160%BloFin0.000005908+18.160%Paradex0.000005908+18.162%Hyperliquid0.000005910+18.200%dYdX0.000005913+18.260%Pacifica0.000005914+18.280%SunX0.000005918+18.360%
OKX
Extended
BingX
Coinbase International
MEXC
KuCoin
Deribit
Phemex
gTrade (Gains Network)
Lighter
SoDEX
Kraken Futures
Binance
Reya
Bitget
Orderly
HTX
Backpack
Aster
BloFin
Paradex
Hyperliquid
dYdX
Pacifica
SunXSHIB 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] | −15.182% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.171% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Gate SHIB_USDTlong | 0.000% | +0.0100% | 8h | $6.7M | $5.0M | 75x | |
| OKX SHIB-USDT-SWAP | +0.034% | +0.0100% | 8h | $7.8M | $26.3M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.056% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Kalshi KXKSHIBPERPshort | +0.066% | 0.0000% | 8h | $102K | $1.6M | 2x | |
| BingX 1000SHIB-USDT | +0.068% | +0.0037% | 8h | — | $2.2M | — | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.068% | −0.0048% | 1h | $86K | $826K | 50x | as long as short |
| MEXC SHIB_USDT | +0.085% | +0.0100% | 8h | $32.9M | $14.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.085% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |