After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.007%7d average−0.155%fees + slippage, in and out−$46spread needed0.462%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000005961 | 0.0507 | pay 0.0063% / 1h | 19m 23s | $4.3M | $3.6M | 10x |
| Short | Kalshi KXKSHIBPERP | 0.000005961 | 0 | get 0.0000% / 8h | 2h 19m | $105K | $1.4M | 2x |
Hyperliquid kSHIBPrice 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
- −$0.67
- Funding while held
- −$15.21
- Slippage, 4 orders
- −$27.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$62.04
- Spread needed to break even
- 0.462%
Slippage from Hyperliquid: live order book, 4 min ago; Kalshi: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0507%
- Per $10,000 a day
- −$15.21
- 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, 4 min ago | 0.84 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, just now | 7.64 bp | 12.6 bp −$13 | 22.1 bp −$221 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%Lighter0.000005946+18.920%OKX0.000005946+18.920%KuCoin0.000005947+18.940%Aster0.000005947+18.941%Gate0.000005948+18.960%dYdX0.000005948+18.968%Extended0.000005949+18.974%Pacifica0.000005949+18.980%MEXC0.000005949+18.980%BingX0.000005949+18.980%gTrade (Gains Network)0.000005950+18.992%Reya0.000005950+19.000%Orderly0.000005951+19.020%Bitget0.000005951+19.020%Binance0.000005952+19.044%BloFin0.000005956+19.120%Paradex0.000005958+19.165%HTX0.000005959+19.180%Phemex0.000005960+19.200%
GMX
Injective
Lighter
OKX
KuCoin
Aster
Gate
dYdX
Extended
Pacifica
MEXC
BingX
gTrade (Gains Network)
Reya
Orderly
Bitget
Binance
BloFin
Paradex
HTX
PhemexHyperliquid0.000005961+19.220%
SoDEX0.000005961+19.220%Backpack0.000005963+19.260%Deribit0.000005963+19.260%Kraken Futures0.000005966+19.314%Coinbase International0.000005966+19.320%SunX0.000005971+19.420%
SoDEX
Backpack
Deribit
Kraken Futures
Coinbase International
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] | −16.121% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.254% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Lighter 1000SHIB | −0.252% | +0.0096% | 1h | $152K | $306K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.252% | +0.0100% | 8h | $7.8M | $26.2M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.235% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| Aster 1000SHIBUSDT | −0.234% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| Gate SHIB_USDT | −0.218% | +0.0100% | 8h | $6.7M | $5.2M | 75x | as long as short |
| dYdX SHIB-USD | −0.211% | +0.2848% | 1h | $23K | $66K | 10x | as long as short |
| Extended 1000SHIB-USD | −0.207% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Pacifica kSHIB | −0.201% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |