After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.043%7d average+0.025%fees + slippage, in and out−$70spread needed0.698%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005932 | 0.0100 | pay 0.0100% / 8h | 6h 15m | $6.7M | $5.2M | 75x |
| Short | Kraken Futures PF_SHIBUSD | 0.000005929 | 0.0042 | get 0.0005% / 1h | 15m 08s | $1.1M | $736K | 50x |
Gate SHIB_USDT
Kraken Futures PF_SHIBUSDPrice 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
- −$4.35
- Funding while held
- −$1.74
- Slippage, 4 orders
- −$44.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$75.88
- Spread needed to break even
- 0.698%
Slippage from Gate: live order book, 5 min ago; Kraken Futures: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0058%
- Per $10,000 a day
- −$1.74
- 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, 5 min ago | 1.68 bp | 15.3 bp −$15 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 3.36 bp | 20.8 bp −$21 | 32.9 bp −$329 | 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%Phemex0.000005920+18.400%BloFin0.000005923+18.460%Lighter0.000005927+18.540%KuCoin0.000005927+18.540%Extended0.000005927+18.543%SoDEX0.000005928+18.560%Deribit0.000005928+18.560%MEXC0.000005929+18.580%Aster0.000005929+18.584%
GMX
Injective
Phemex
BloFin
Lighter
KuCoin
Extended
SoDEX
Deribit
MEXC
AsterKraken Futures0.000005929+18.588%
HTX0.000005930+18.600%OKX0.000005931+18.620%Reya0.000005932+18.635%
HTX
OKX
ReyaGate0.000005932+18.640%
Orderly0.000005932+18.640%gTrade (Gains Network)0.000005933+18.652%BingX0.000005933+18.660%Backpack0.000005933+18.660%Bitget0.000005935+18.700%Binance0.000005937+18.736%Paradex0.000005938+18.753%Kalshi0.000005941+18.816%SunX0.000005942+18.840%Pacifica0.000005944+18.880%dYdX0.000005944+18.890%Hyperliquid0.000005945+18.900%Coinbase International0.000005966+19.320%
Orderly
gTrade (Gains Network)
BingX
Backpack
Bitget
Binance
Paradex
SunX
Pacifica
dYdX
Hyperliquid
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] | −15.711% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.782% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Phemex u1000SHIBUSDT | −0.202% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| BloFin SHIB-USDT | −0.152% | +0.0220% | 8h | $740K | $932K | 50x | as long as short |
| Lighter 1000SHIB | −0.084% | +0.0096% | 1h | $151K | $307K | 10x | as long as short |
| KuCoin SHIBUSDTM | −0.084% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| Extended 1000SHIB-USD | −0.082% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| SoDEX 1000SHIB-USD | −0.067% | +0.0100% | 1h | $569 | $5K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.067% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| MEXC SHIB_USDT | −0.051% | +0.0100% | 8h | $34.2M | $15.0M | 300x | as long as short |