After costs, if the gap returns to its 7d average, $10k−$55
spread now+0.288%7d average+0.146%fees + slippage, in and out−$69spread needed0.688%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHIB-USDT | 0.000005895 | 0.0100 | pay 0.0100% / 8h | 18m 44s | $402K | $798K | 75x |
| Short | Hyperliquid kSHIB | 0.000005912 | 0.0207 | get 0.0026% / 1h | 18m 44s | $3.6M | $2.3M | 10x |
HTX SHIB-USDT
Hyperliquid kSHIBPrice 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
- $28.84
- Funding while held
- $3.21
- Slippage, 4 orders
- −$47.82
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$36.78
- Spread needed to break even
- 0.688%
Slippage from HTX: live order book, 31 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0107%
- Per $10,000 a day
- +$3.21
- 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 HTX live order book, 31 min ago | 8.44 bp | 28.0 bp −$28 | 110.0 bp −$1,100 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 3.40 bp | 14.0 bp −$14 | 20.1 bp −$201 | 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%Coinbase International0.000005872+17.440%Kalshi0.000005886+17.712%Reya0.000005893+17.855%gTrade (Gains Network)0.000005895+17.890%
GMX
Injective
Coinbase International
Reya
gTrade (Gains Network)HTX0.000005895+17.900%
Aster0.000005898+17.966%BloFin0.000005901+18.020%Orderly0.000005902+18.040%SoDEX0.000005902+18.040%Kraken Futures0.000005903+18.064%Gate0.000005904+18.080%Deribit0.000005904+18.080%Backpack0.000005905+18.100%Binance0.000005907+18.139%Pacifica0.000005907+18.140%OKX0.000005907+18.140%SunX0.000005909+18.180%dYdX0.000005909+18.188%MEXC0.000005910+18.200%KuCoin0.000005910+18.200%BingX0.000005910+18.200%Phemex0.000005910+18.200%Lighter0.000005911+18.220%
Aster
BloFin
Orderly
SoDEX
Kraken Futures
Gate
Deribit
Backpack
Binance
Pacifica
OKX
SunX
dYdX
MEXC
KuCoin
BingX
Phemex
LighterHyperliquid0.000005912+18.240%
Paradex0.000005915+18.293%Bitget0.000005915+18.300%Extended0.000005915+18.303%
Paradex
Bitget
ExtendedSHIB 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 +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.171% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.390% | −0.0008% | 1h | $95K | $831K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.159% | 0.0000% | 8h | $249K | $1.2M | 2x | as long as short |
| Reya kSHIBRUSDPERP | −0.038% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.008% | L +0.0006% / S −0.0001% | 1h | $717 | — | 150x | as long as short |
| HTX SHIB-USDTlong | 0.000% | +0.0100% | 8h | $402K | $798K | 75x | |
| Aster 1000SHIBUSDT | +0.056% | +0.0100% | 8h | $43K | $173K | 50x | as long as short |
| BloFin SHIB-USDT | +0.102% | +0.0220% | 8h | $743K | $854K | 50x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.119% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX 1000SHIB-USD | +0.119% | +0.0100% | 1h | $525 | $5K | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.139% | +0.0357% | 1h | $1.1M | $727K | 50x | as long as short |
| Gate SHIB_USDT | +0.153% | +0.0050% | 8h | $6.7M | $4.6M | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.153% | +0.0089% | 1h | $37K | $59K | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.170% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Binance 1000SHIBUSDT | +0.203% | +0.0100% | 8h | $28.2M | $69.3M | 75x | as long as short |
| Pacifica kSHIB | +0.204% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | +0.204% | +0.0100% | 8h | $7.6M | $23.1M | 50x | as long as short |
| SunX SHIB-USDT | +0.237% | +0.0100% | 8h | $2K | $20K | 20x | as long as short |
| dYdX SHIB-USD | +0.244% | +0.3619% | 1h | $23K | $66K | 10x | as long as short |
| MEXC SHIB_USDT | +0.254% | +0.0100% | 8h | $30.9M | $12.6M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.254% | +0.0100% | 8h | $4.9M | $2.2M | 75x | as long as short |
| BingX 1000SHIB-USDC | +0.254% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Phemex u1000SHIBUSDT | +0.254% | +0.0100% | 8h | $2.1M | $4.4M | 50x | as long as short |
| Lighter 1000SHIB | +0.271% | +0.0096% | 1h | $156K | $307K | 10x | as long as short |
| Hyperliquid kSHIBshort | +0.288% | +0.0207% | 1h | $3.6M | $2.3M | 10x | |
| Paradex kSHIB-USD-PERP | +0.333% | +0.0095% | 8h | $7K | — | 20x | as long as short |
| Bitget SHIBUSDT | +0.339% | +0.0100% | 8h | $11.2M | $10.1M | 75x | as long as short |
| Extended 1000SHIB-USD | +0.342% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |