Spread before costs (cost unknown: a leg has no order-book sample)+4.001%
7d average—if it closes, per $10,000$400funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SHIB/USDC PERP | 0.000005473 | 0.0033 | pay 0.0004% / 1h | 50m 17s | $224 | $74K | 5.5x |
| Short | Bitget SHIBUSDT | 0.000005692 | 0.0100 | get 0.0100% / 8h | 1h 50m | $10.8M | $8.5M | 75x |
Injective SHIB/USDC PERP
Bitget SHIBUSDTPrice 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
- $400.15
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $390.13
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Bitget live order book, 5 min ago | 0.88 bp | 12.3 bp −$12 | 15.4 bp −$154 | 50.6 bp −$5,057 | doesn't fit |
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
GMXInjective0.000005473+9.460%
Coinbase International0.000005659+13.180%BloFin0.000005675+13.500%HTX0.000005676+13.520%Kalshi0.000005680+13.604%Backpack0.000005682+13.640%Aster0.000005686+13.714%dYdX0.000005688+13.750%Extended0.000005688+13.758%Gate0.000005688+13.760%Lighter0.000005688+13.760%OKX0.000005689+13.780%MEXC0.000005689+13.780%KuCoin0.000005689+13.780%Reya0.000005689+13.781%Pacifica0.000005690+13.800%BingX0.000005690+13.800%gTrade (Gains Network)0.000005690+13.800%Orderly0.000005690+13.800%Deribit0.000005691+13.820%
Coinbase International
BloFin
HTX
Backpack
Aster
dYdX
Extended
Gate
Lighter
OKX
MEXC
KuCoin
Reya
Pacifica
BingX
gTrade (Gains Network)
Orderly
DeribitBitget0.000005692+13.840%
SoDEX0.000005692+13.840%Phemex0.000005692+13.840%Paradex0.000005692+13.840%Binance0.000005693+13.859%Kraken Futures0.000005693+13.867%Hyperliquid0.000005698+13.960%SunX0.000005699+13.980%
SoDEX
Phemex
Paradex
Binance
Kraken Futures
Hyperliquid
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] | −8.642% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPlong | 0.000% | +0.0033% | 1h | $224 | $74K | 5.5x | |
| Coinbase International 1000SHIB-PERP-INTX | +3.399% | +0.0008% | 1h | $89K | $895K | 50x | as long as short |
| BloFin SHIB-USDT | +3.691% | +0.0220% | 8h | $719K | $767K | 50x | as long as short |
| HTX SHIB-USDT | +3.709% | +0.0100% | 8h | $386K | $716K | 75x | as long as short |
| Kalshi KXKSHIBPERP | +3.786% | 0.0000% | 8h | $288K | $925K | 2x | as long as short |
| Backpack kSHIB_USDC_PERP | +3.819% | +0.0100% | 1h | $23K | $3K | 15x | as long as short |
| Aster 1000SHIBUSDT | +3.886% | +0.0100% | 8h | $44K | $156K | 50x | as long as short |
| dYdX SHIB-USD | +3.920% | +0.5712% | 1h | $33K | $54K | 10x | as long as short |
| Extended 1000SHIB-USD | +3.926% | +0.0104% | 1h | $50K | $6K | 25x | as long as short |