Spread before costs (cost unknown: a leg has no order-book sample)−4.701%
7d average—if it closes, per $10,000$470funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SHIB-USDT | 0.000005743 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $391K | $717K | 75x |
| Short | Injective SHIB/USDC PERP | 0.000005473 | 0.0033 | get 0.0004% / 1h | 33m 39s | $224 | $74K | 5.5x |
HTX SHIB-USDT
Injective SHIB/USDC PERPPrice 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
- −$470.14
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$484.16
- Spread needed to break even
- 0.120%
Slippage unknown: HTX: live order book, 21 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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, 21 min ago | 4.38 bp | 16.1 bp −$16 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
GMXInjective0.000005473+9.460%
Coinbase International0.000005695+13.900%gTrade (Gains Network)0.000005742+14.834%Orderly0.000005742+14.840%Reya0.000005743+14.858%SoDEX0.000005743+14.860%
Coinbase International
gTrade (Gains Network)
Orderly
Reya
SoDEXHTX0.000005743+14.860%
BloFin0.000005743+14.860%Deribit0.000005744+14.880%Kalshi0.000005745+14.894%Kraken Futures0.000005746+14.919%dYdX0.000005746+14.920%Backpack0.000005747+14.940%Phemex0.000005747+14.940%Gate0.000005748+14.960%Aster0.000005748+14.965%Extended0.000005749+14.975%Pacifica0.000005751+15.020%MEXC0.000005751+15.020%Binance0.000005751+15.029%Lighter0.000005752+15.040%OKX0.000005752+15.040%KuCoin0.000005752+15.040%BingX0.000005752+15.040%Bitget0.000005753+15.060%Paradex0.000005755+15.104%Hyperliquid0.000005756+15.120%SunX0.000005756+15.120%
BloFin
Deribit
Kraken Futures
dYdX
Backpack
Phemex
Gate
Aster
Extended
Pacifica
MEXC
Binance
Lighter
OKX
KuCoin
BingX
Bitget
Paradex
Hyperliquid
SunXSHIB 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] | −12.937% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPshort | −4.701% | +0.0033% | 1h | $224 | $74K | 5.5x | |
| Coinbase International 1000SHIB-PERP-INTX | −0.836% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.023% | L +0.0006% / S −0.0001% | 1h | $698 | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.017% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Reya kSHIBRUSDPERP | −0.002% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| SoDEX 1000SHIB-USD | 0.000% | +0.0100% | 1h | $508 | $6K | 10x | as long as short |
| HTX SHIB-USDTlong | 0.000% | +0.0100% | 8h | $391K | $717K | 75x | |
| BloFin SHIB-USDT | 0.000% | +0.0220% | 8h | $708K | $782K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.017% | 0.0000% | 1h | $45K | $52K | 25x | as long as short |