data as of
Settings8H · net · $10k
Price arb /

SHIB

all SHIB markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.118%7d average−0.146%fees + slippage, in and out−$68spread needed0.676%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kSHIB0.0000059190.0262pay 0.0033% / 1h46m 36s$3.6M$2.2M10x
ShortHTX SHIB-USDT0.0000059260.0100get 0.0100% / 8h46m 36s$402K$782K75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$11.83
Funding while held
−$4.85
Slippage, 4 orders
−$46.63
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$60.65
Spread needed to break even
0.676%
Slippage from Hyperliquid: live order book, 6 min ago; HTX: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0162%
Per $10,000 a day
$4.85
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 6 min ago3.39 bp10.9 bp −$1118.1 bp −$181doesn't fitdoesn't fit
Sell HTX live order book, 3 min ago8.44 bp16.1 bp −$16101.2 bp −$1,012doesn't fitdoesn't fit

SHIB price on every exchange

against the cheapest. Click to use as the short leg.

SHIB on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX SHIB/USD [ETH-USDC]−15.526%L +0.0214% / S −0.2404%1h$1K100xas long as short
Injective SHIB/USDC PERP−2.568%+0.0306%1h$236$110K5.5xas long as short
BingX 1000SHIB-USDC−0.270%+0.0080%8h$1.6Mas long as short
Coinbase International 1000SHIB-PERP-INTX−0.237%−0.0008%1h$93K$887K50xas long as short
Gate SHIB_USDT−0.220%+0.0076%8h$6.7M$4.3M75xas long as short
Bitget SHIBUSDT−0.186%+0.0100%8h$11.3M$9.7M75xas long as short
Extended 1000SHIB-USD−0.168%+0.0104%1h$52K$6K25xas long as short
Kalshi KXKSHIBPERP−0.162%0.0000%8h$295K$1.0M2xas long as short
Reya kSHIBRUSDPERP−0.146%+0.0323%1h$120xas long as short
OKX SHIB-USDT-SWAP−0.135%+0.0100%8h$7.7M$21.7M50xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin SHIBUSDTM−0.135%+0.0100%8h$4.9M$2.1M75xas long as short
Aster 1000SHIBUSDT−0.135%+0.0100%8h$46K$164K50xas long as short
Binance 1000SHIBUSDT−0.134%+0.0100%8h$28.6M$62.7M75xas long as short
Pacifica kSHIB−0.118%+0.0100%1h$11K$4K10xas long as short
gTrade (Gains Network) SHIB/USD−0.110%L +0.0007% / S −0.0008%1h$1K150xas long as short
MEXC SHIB_USDT−0.101%+0.0100%8h$19.9M$8.4M300xas long as short
dYdX SHIB-USD−0.095%0.0000%1h$23K$66K10xas long as short
Lighter 1000SHIB−0.084%+0.0096%1h$159K$211K10xas long as short
Paradex kSHIB-USD-PERP−0.058%+0.0098%8h$7K20xas long as short
Hyperliquid kSHIBlong0.000%+0.0262%1h$3.6M$2.2M10x
SoDEX 1000SHIB-USD0.000%+0.0100%1h$527$5K10xas long as short
Deribit 1000SHIB_USDC-PERPETUAL0.000%0.0000%1h$37K$62K25xas long as short
Orderly PERP_1000SHIB_USDC+0.017%+0.0100%8h$6K$1K20xas long as short
BloFin SHIB-USDT+0.034%+0.0220%8h$723K$833K50xas long as short
HTX SHIB-USDTshort+0.118%+0.0100%8h$402K$782K75x
Phemex u1000SHIBUSDT+0.135%+0.0100%8h$2.1M$4.3M50xas long as short
Backpack kSHIB_USDC_PERP+0.152%+0.0100%1h$27K$4K15xas long as short
Kraken Futures PF_SHIBUSD+0.216%+0.0355%1h$1.1M$666K50xas long as short
SunX SHIB-USDT+0.287%+0.0100%8h$2K$18K20xas long as short