After costs, if the gap returns to its 7d average, $10k−$47
spread now−0.167%7d average−0.091%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kSHIB | 0.000005984 | 0.0692 | pay 0.0086% / 1h | 41m 02s | $4.3M | $3.7M | 10x |
| Short | OKX SHIB-USDT-SWAP | 0.000005974 | 0.0100 | get 0.0100% / 8h | 5h 41m | $7.7M | $26.9M | 50x |
Hyperliquid kSHIB
OKX SHIB-USDT-SWAPPrice 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
- −$16.71
- Funding while held
- −$17.75
- Slippage, 4 orders
- −$20.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Spread needed to break even
- 0.397%
Slippage from Hyperliquid: live order book, 2 min ago; OKX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0592%
- Per $10,000 a day
- −$17.75
- 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, 2 min ago | 0.84 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.84 bp | 10.2 bp −$10 | 21.8 bp −$218 | 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%Paradex0.000005959+19.184%dYdX0.000005960+19.200%Pacifica0.000005960+19.200%Aster0.000005961+19.224%Reya0.000005963+19.255%gTrade (Gains Network)0.000005965+19.300%Extended0.000005966+19.316%Lighter0.000005967+19.340%Orderly0.000005967+19.340%Kalshi0.000005968+19.352%HTX0.000005968+19.360%Deribit0.000005969+19.380%Phemex0.000005969+19.380%MEXC0.000005970+19.400%BloFin0.000005970+19.400%Coinbase International0.000005971+19.420%SoDEX0.000005972+19.440%
GMX
Injective
Paradex
dYdX
Pacifica
Aster
Reya
gTrade (Gains Network)
Extended
Lighter
Orderly
HTX
Deribit
Phemex
MEXC
BloFin
Coinbase International
SoDEXOKX0.000005974+19.480%
KuCoin0.000005974+19.480%Kraken Futures0.000005976+19.518%Gate0.000005976+19.520%Bitget0.000005977+19.540%SunX0.000005977+19.540%BingX0.000005978+19.560%Backpack0.000005980+19.600%Binance0.000005980+19.604%
KuCoin
Kraken Futures
Gate
Bitget
SunX
BingX
Backpack
BinanceHyperliquid0.000005984+19.680%
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] | −16.444% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.626% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Paradex kSHIB-USD-PERP | −0.414% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| dYdX SHIB-USD | −0.401% | 0.0000% | 1h | $23K | $66K | 10x | as long as short |
| Pacifica kSHIB | −0.401% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Aster 1000SHIBUSDT | −0.381% | +0.0100% | 8h | $40K | $159K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.355% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.318% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Extended 1000SHIB-USD | −0.304% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Lighter 1000SHIB | −0.284% | +0.0096% | 1h | $152K | $309K | 10x | as long as short |