Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$4.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000005687 | 0.0164 | pay 0.0021% / 1h | 51m 36s | $3.3M | $1.6M | 10x |
| Short | Deribit 1000SHIB_USDC-PERPETUAL | 0.000005685 | 0 | get 0.0000% / 1h | 51m 36s | $45K | $52K | 25x |
Hyperliquid kSHIB
Deribit 1000SHIB_USDC-PERPETUALPrice 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
- −$3.52
- Funding while held
- −$4.93
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$24.45
- Spread needed to break even
- 0.160%
Slippage unknown: Hyperliquid: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0164%
- Per $10,000 a day
- −$4.93
- 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 Hyperliquid live order book, 1 min ago | 1.76 bp | 9.7 bp −$10 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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
Injective0.000005473+9.460%Coinbase International0.000005659+13.180%BloFin0.000005667+13.340%Aster0.000005674+13.479%Reya0.000005675+13.507%Kalshi0.000005677+13.536%KuCoin0.000005677+13.540%Extended0.000005677+13.544%dYdX0.000005677+13.549%OKX0.000005678+13.560%Gate0.000005678+13.560%gTrade (Gains Network)0.000005679+13.580%Lighter0.000005680+13.600%Pacifica0.000005680+13.600%Bitget0.000005680+13.600%HTX0.000005681+13.620%Paradex0.000005682+13.639%MEXC0.000005682+13.640%BingX0.000005682+13.640%Orderly0.000005682+13.640%Phemex0.000005682+13.640%Backpack0.000005683+13.660%SoDEX0.000005684+13.680%
GMX
Injective
Coinbase International
BloFin
Aster
Reya
KuCoin
Extended
dYdX
OKX
Gate
gTrade (Gains Network)
Lighter
Pacifica
Bitget
HTX
Paradex
MEXC
BingX
Orderly
Phemex
Backpack
SoDEXDeribit0.000005685+13.700%
Binance0.000005686+13.714%Kraken Futures0.000005686+13.714%
Binance
Kraken FuturesHyperliquid0.000005687+13.740%
SunX0.000005693+13.860%
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] | −12.080% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.763% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.492% | +0.0008% | 1h | $89K | $895K | 50x | as long as short |
| BloFin SHIB-USDT | −0.352% | +0.0220% | 8h | $710K | $764K | 50x | as long as short |
| Aster 1000SHIBUSDT | −0.229% | +0.0100% | 8h | $43K | $156K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.205% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kalshi KXKSHIBPERP | −0.179% | 0.0000% | 8h | $288K | $925K | 2x | as long as short |
| KuCoin SHIBUSDTM | −0.176% | +0.0100% | 8h | $4.5M | $1.9M | 75x | as long as short |
| Extended 1000SHIB-USD | −0.173% | +0.0104% | 1h | $50K | $6K | 25x | as long as short |
| dYdX SHIB-USD | −0.168% | +0.5965% | 1h | $33K | $54K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX SHIB-USDT-SWAP | −0.158% | +0.0100% | 8h | $7.4M | $18.2M | 50x | as long as short |
| Gate SHIB_USDT | −0.158% | +0.0078% | 8h | $6.4M | $3.7M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.141% | L +0.0006% / S −0.0001% | 1h | $691 | — | 150x | as long as short |
| Lighter 1000SHIB | −0.123% | +0.0096% | 1h | $152K | $183K | 10x | as long as short |
| Pacifica kSHIB | −0.123% | +0.0100% | 1h | $11K | $2K | 10x | as long as short |
| Bitget SHIBUSDT | −0.123% | +0.0100% | 8h | $10.8M | $8.5M | 75x | as long as short |
| HTX SHIB-USDT | −0.106% | +0.0100% | 8h | $386K | $716K | 75x | as long as short |
| Paradex kSHIB-USD-PERP | −0.088% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| MEXC SHIB_USDT | −0.088% | +0.0100% | 8h | $19.4M | $8.1M | 300x | as long as short |
| BingX 1000SHIB-USDC | −0.088% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.088% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Phemex u1000SHIBUSDT | −0.088% | +0.0100% | 8h | $2.1M | $4.0M | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.070% | +0.0100% | 1h | $24K | $3K | 15x | as long as short |
| SoDEX 1000SHIB-USD | −0.053% | +0.0100% | 1h | $506 | $6K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUALshort | −0.035% | 0.0000% | 1h | $45K | $52K | 25x | |
| Binance 1000SHIBUSDT | −0.023% | +0.0100% | 8h | $27.3M | $54.9M | 75x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.023% | +0.0345% | 1h | $1.1M | $586K | 50x | as long as short |
| Hyperliquid kSHIBlong | 0.000% | +0.0164% | 1h | $3.3M | $1.6M | 10x | |
| SunX SHIB-USDT | +0.106% | +0.0100% | 8h | $2K | $16K | 20x | as long as short |