Spread before costs (cost unknown: a leg has no order-book sample)+17.740%
7d average—if it closes, per $10,000$1774funding while held, a day+$0.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0214% / S −0.2404% | pay 0.0027% / 1h | 40m 23s | $1K | — | 100x |
| Short | BloFin SHIB-USDT | 0.000005887 | 0.0220 | get 0.0220% / 8h | 40m 23s | $721K | $838K | 50x |
GMX SHIB/USD [ETH-USDC]
BloFin 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
- $1,774
- Funding while held
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1,750.17
- Spread needed to break even
- 0.240%
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0006%
- Per $10,000 a day
- +$0.17
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 8 min ago | 2.54 bp | 10.3 bp −$10 | 18.4 bp −$184 | doesn't fit | doesn't fit |
GMX: 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%
InjectiveBackpack0.000005886+17.720%
BackpackKraken Futures0.000005886+17.727%
Kraken FuturesSoDEX0.000005887+17.740%
SoDEXBloFin0.000005887+17.740%
HTX0.000005888+17.760%
HTXDeribit0.000005889+17.780%
DeribitPhemex0.000005890+17.800%
PhemexOrderly0.000005892+17.840%
OrderlySunX0.000005893+17.860%
SunXCoinbase International0.000005894+17.880%
Coinbase InternationalGate0.000005899+17.980%
GateExtended0.000005900+18.006%
ExtendedPacifica0.000005902+18.040%
PacificaBingX0.000005903+18.060%
BingXdYdX0.000005903+18.069%
dYdXOKX0.000005904+18.080%
OKXLighter0.000005904+18.080%
LighterParadex0.000005904+18.085%
ParadexReya0.000005904+18.088%
ReyaMEXC0.000005905+18.100%
MEXCAster0.000005905+18.108%
AsterBinance0.000005906+18.122%
BinanceKuCoin0.000005909+18.180%
KuCoinBitget0.000005910+18.200%
BitgetgTrade (Gains Network)0.000005914+18.272%
gTrade (Gains Network)Hyperliquid0.000005916+18.320%
HyperliquidSHIB 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]long | 0.000% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | +15.340% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Backpack kSHIB_USDC_PERP | +17.720% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | +17.727% | +0.0358% | 1h | $1.1M | $677K | 50x | as long as short |
| SoDEX 1000SHIB-USD | +17.740% | +0.0100% | 1h | $517 | $5K | 10x | as long as short |
| BloFin SHIB-USDTshort | +17.740% | +0.0220% | 8h | $721K | $838K | 50x | |
| HTX SHIB-USDT | +17.760% | +0.0100% | 8h | $400K | $784K | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +17.780% | 0.0000% | 1h | $37K | $63K | 25x | as long as short |
| Phemex u1000SHIBUSDT | +17.800% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | +17.840% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |