Spread before costs (cost unknown: a leg has no order-book sample)+2.307%
7d average−0.120%if it closes, per $10,000$231funding while held, a day−$6.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SHIB/USDC PERP | 0.000005767 | 0.0306 | pay 0.0038% / 1h | 52m 04s | $236 | $110K | 5.5x |
| Short | Binance 1000SHIBUSDT | 0.000005900 | 0.0100 | get 0.0100% / 8h | 52m 04s | $28.6M | $61.3M | 75x |
Injective SHIB/USDC PERP
Binance 1000SHIBUSDTPrice 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
- $230.74
- Funding while held
- −$6.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $214.56
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0206%
- Per $10,000 a day
- −$6.17
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 0.85 bp | 6.8 bp −$7 | 15.3 bp −$153 | 64.6 bp −$6,458 | 182.5 bp −$91.2K |
Injective: 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
GMXInjective0.000005767+15.340%
BloFin0.000005876+17.520%Coinbase International0.000005877+17.540%Kalshi0.000005884+17.684%dYdX0.000005887+17.741%Pacifica0.000005888+17.760%Gate0.000005890+17.800%gTrade (Gains Network)0.000005891+17.828%Orderly0.000005892+17.840%HTX0.000005892+17.840%BingX0.000005893+17.860%Phemex0.000005893+17.860%Reya0.000005893+17.865%Paradex0.000005894+17.871%SoDEX0.000005895+17.900%Lighter0.000005896+17.920%MEXC0.000005896+17.920%Deribit0.000005896+17.920%Aster0.000005896+17.929%Kraken Futures0.000005896+17.929%OKX0.000005897+17.940%Extended0.000005897+17.947%Backpack0.000005899+17.980%KuCoin0.000005900+18.000%
BloFin
Coinbase International
dYdX
Pacifica
Gate
gTrade (Gains Network)
Orderly
HTX
BingX
Phemex
Reya
Paradex
SoDEX
Lighter
MEXC
Deribit
Aster
Kraken Futures
OKX
Extended
Backpack
KuCoinBinance0.000005900+18.001%
Bitget0.000005901+18.020%SunX0.000005902+18.040%Hyperliquid0.000005904+18.080%
Bitget
SunX
HyperliquidSHIB 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] | −13.300% | L +0.0215% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPlong | 0.000% | +0.0306% | 1h | $236 | $110K | 5.5x | |
| BloFin SHIB-USDT | +1.890% | +0.0220% | 8h | $704K | $826K | 50x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +1.907% | −0.0008% | 1h | $92K | $913K | 50x | as long as short |
| Kalshi KXKSHIBPERP | +2.032% | 0.0000% | 8h | $289K | $976K | 2x | as long as short |
| dYdX SHIB-USD | +2.081% | 0.0000% | 1h | $34K | $54K | 10x | as long as short |
| Pacifica kSHIB | +2.098% | +0.0100% | 1h | $12K | $3K | 10x | as long as short |
| Gate SHIB_USDT | +2.133% | +0.0067% | 8h | $6.6M | $4.2M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | +2.157% | L +0.0007% / S −0.0008% | 1h | $1K | — | 150x | as long as short |
| Orderly PERP_1000SHIB_USDC | +2.168% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |