Spread before costs (cost unknown: a leg has no order-book sample)−0.389%
7d average—if it closes, per $10,000$39funding while held, a day+$190.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000005885 | 0.0400 | pay 0.0050% / 1h | 23m 53s | $4.2M | $3.6M | 10x |
| Short | dYdX SHIB-USD | 0.000005862 | 0.6756 | get 0.0844% / 1h | 23m 53s | $22K | $66K | 10x |
Hyperliquid kSHIB
dYdX SHIB-USDPrice 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
- −$38.88
- Funding while held
- $190.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $132.8
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 9 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.6356%
- Per $10,000 a day
- +$190.68
- 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, 9 min ago | 0.84 bp | 10.1 bp −$10 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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%
GMX
InjectivedYdX0.000005862+17.242%
Reya0.000005863+17.264%Pacifica0.000005864+17.280%OKX0.000005864+17.280%Paradex0.000005867+17.339%Gate0.000005868+17.360%Kalshi0.000005869+17.380%Extended0.000005869+17.382%MEXC0.000005870+17.400%gTrade (Gains Network)0.000005871+17.414%Aster0.000005872+17.438%KuCoin0.000005872+17.440%BingX0.000005873+17.460%Deribit0.000005873+17.460%Bitget0.000005873+17.460%HTX0.000005874+17.480%Binance0.000005874+17.488%Lighter0.000005876+17.520%SoDEX0.000005876+17.520%BloFin0.000005876+17.520%Kraken Futures0.000005877+17.538%Backpack0.000005878+17.560%Orderly0.000005878+17.560%Phemex0.000005880+17.600%SunX0.000005884+17.680%
Reya
Pacifica
OKX
Paradex
Gate
Extended
MEXC
gTrade (Gains Network)
Aster
KuCoin
BingX
Deribit
Bitget
HTX
Binance
Lighter
SoDEX
BloFin
Kraken Futures
Backpack
Orderly
Phemex
SunXHyperliquid0.000005885+17.700%
Coinbase International0.000005900+18.000%
Coinbase InternationalSHIB 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] | −15.038% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.005% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| dYdX SHIB-USDshort | −0.389% | +0.6756% | 1h | $22K | $66K | 10x | |
| Reya kSHIBRUSDPERP | −0.370% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Pacifica kSHIB | −0.357% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.357% | +0.0100% | 8h | $7.7M | $26.2M | 50x | as long as short |
| Paradex kSHIB-USD-PERP | −0.306% | +0.0097% | 8h | $7K | — | 20x | as long as short |
| Gate SHIB_USDT | −0.289% | +0.0008% | 8h | $6.6M | $5.1M | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.272% | 0.0000% | 8h | $101K | $1.5M | 2x | as long as short |
| Extended 1000SHIB-USD | −0.270% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |