Spread before costs (cost unknown: a leg has no order-book sample)−0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$6.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHIB_USDT | 0.000005944 | 0.0100 | pay 0.0100% / 8h | 5h 22m | $6.7M | $5.3M | 75x |
| Short | Reya kSHIBRUSDPERP | 0.000005941 | 0.0323 | get 0.0040% / 1h | 22m 39s | $1 | — | 20x |
Price 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
- −$4.7
- Funding while held
- $6.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$19.02
- Spread needed to break even
- 0.210%
Slippage unknown: Gate: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0223%
- Per $10,000 a day
- +$6.68
- 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, 2 min ago | 1.68 bp | 13.9 bp −$14 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.SHIB 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] | −15.882% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.978% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.151% | +0.0100% | 8h | $7.7M | $27.0M | 50x | as long as short |
| MEXC SHIB_USDT | −0.067% | +0.0100% | 8h | $33.5M | $15.0M | 300x | as long as short |
| Extended 1000SHIB-USD | −0.063% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| BingX 1000SHIB-USDC | −0.050% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Reya kSHIBRUSDPERPshort | −0.047% | +0.0323% | 1h | $1 | — | 20x | |
| gTrade (Gains Network) SHIB/USD | −0.039% | L +0.0006% / S −0.0001% | 1h | $723 | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.034% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| BloFin SHIB-USDT | −0.034% | +0.0220% | 8h | $735K | $982K | 50x | as long as short |
Gate SHIB_USDT
GMX
Injective
OKX
MEXC
Extended
BingX
gTrade (Gains Network)
BloFin
Bitget
Coinbase International
SoDEX
Deribit
HTX
Lighter
Pacifica
KuCoin
Phemex
Backpack
Kraken Futures
Aster
Binance
Paradex
SunX
Hyperliquid