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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000005919 | 0.0262 | pay 0.0033% / 1h | 46m 36s | $3.6M | $2.2M | 10x |
| Short | HTX SHIB-USDT | 0.000005926 | 0.0100 | get 0.0100% / 8h | 46m 36s | $402K | $782K | 75x |
Price 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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 6 min ago | 3.39 bp | 10.9 bp −$11 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 8.44 bp | 16.1 bp −$16 | 101.2 bp −$1,012 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX SHIB/USD [ETH-USDC] | −15.526% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.568% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | −0.270% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.237% | −0.0008% | 1h | $93K | $887K | 50x | as long as short |
| Gate SHIB_USDT | −0.220% | +0.0076% | 8h | $6.7M | $4.3M | 75x | as long as short |
| Bitget SHIBUSDT | −0.186% | +0.0100% | 8h | $11.3M | $9.7M | 75x | as long as short |
| Extended 1000SHIB-USD | −0.168% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Kalshi KXKSHIBPERP | −0.162% | 0.0000% | 8h | $295K | $1.0M | 2x | as long as short |
| Reya kSHIBRUSDPERP | −0.146% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | −0.135% | +0.0100% | 8h | $7.7M | $21.7M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SHIBUSDTM | −0.135% | +0.0100% | 8h | $4.9M | $2.1M | 75x | as long as short |
| Aster 1000SHIBUSDT | −0.135% | +0.0100% | 8h | $46K | $164K | 50x | as long as short |
| Binance 1000SHIBUSDT | −0.134% | +0.0100% | 8h | $28.6M | $62.7M | 75x | as long as short |
| Pacifica kSHIB | −0.118% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.110% | L +0.0007% / S −0.0008% | 1h | $1K | — | 150x | as long as short |
| MEXC SHIB_USDT | −0.101% | +0.0100% | 8h | $19.9M | $8.4M | 300x | as long as short |
| dYdX SHIB-USD | −0.095% | 0.0000% | 1h | $23K | $66K | 10x | as long as short |
| Lighter 1000SHIB | −0.084% | +0.0096% | 1h | $159K | $211K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.058% | +0.0098% | 8h | $7K | — | 20x | as long as short |
| Hyperliquid kSHIBlong | 0.000% | +0.0262% | 1h | $3.6M | $2.2M | 10x | |
| SoDEX 1000SHIB-USD | 0.000% | +0.0100% | 1h | $527 | $5K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $37K | $62K | 25x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.017% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| BloFin SHIB-USDT | +0.034% | +0.0220% | 8h | $723K | $833K | 50x | as long as short |
| HTX SHIB-USDTshort | +0.118% | +0.0100% | 8h | $402K | $782K | 75x | |
| Phemex u1000SHIBUSDT | +0.135% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.152% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.216% | +0.0355% | 1h | $1.1M | $666K | 50x | as long as short |
| SunX SHIB-USDT | +0.287% | +0.0100% | 8h | $2K | $18K | 20x | as long as short |
Hyperliquid kSHIB
HTX SHIB-USDT
GMX
Injective
BingX
Coinbase International
Gate
Bitget
Extended
OKX
KuCoin
Aster
Binance
Pacifica
gTrade (Gains Network)
MEXC
Lighter
Paradex
SoDEX
Deribit
BloFin
Phemex
Backpack
Kraken Futures
SunX