Spread before costs (cost unknown: a leg has no order-book sample)+19.040%
7d average—if it closes, per $10,000$1904funding while held, a day−$6.24
| 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 | 51m 40s | $1K | — | 100x |
| Short | gTrade (Gains Network) SHIB/USD | 0.000005952 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 51m 40s | $15K | — | 150x |
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
- $1,904
- Funding while held
- −$6.24
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $1,875.76
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0208%
- Per $10,000 a day
- −$6.24
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
GMX and gTrade (Gains Network): 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]long | 0.000% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | +15.340% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +18.460% | −0.0048% | 1h | $87K | $803K | 50x | as long as short |
| BloFin SHIB-USDT | +18.600% | +0.0220% | 8h | $739K | $918K | 50x | as long as short |
| Aster 1000SHIBUSDT | +18.877% | +0.0100% | 8h | $40K | $183K | 50x | as long as short |
| MEXC SHIB_USDT | +18.940% | +0.0100% | 8h | $33.7M | $14.4M | 300x | as long as short |
| KuCoin SHIBUSDTM | +18.960% | +0.0100% | 8h | $4.7M | $2.5M | 75x | as long as short |
| HTX SHIB-USDT | +18.960% | +0.0100% | 8h | $398K | $721K | 75x | as long as short |
| Kalshi KXKSHIBPERP | +18.970% | 0.0000% | 8h | $102K | $1.6M | 2x | as long as short |
| SoDEX 1000SHIB-USD | +18.980% | +0.0100% | 1h | $548 | $5K | 10x | as long as short |
GMX SHIB/USD [ETH-USDC]
gTrade (Gains Network) SHIB/USD
Injective
Coinbase International
BloFin
Aster
MEXC
KuCoin
HTX
SoDEX
Gate
Pacifica
Extended
Deribit
Lighter
Kraken Futures
BingX
Bitget
Backpack
SunX
Hyperliquid
Phemex
Paradex
OKX
Binance