Spread before costs (cost unknown: a leg has no order-book sample)+2.070%
7d average−0.167%if it closes, per $10,000$207funding while held, a day+$1.58
| 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 | 40m 44s | $236 | $110K | 5.5x |
| Short | Kraken Futures PF_SHIBUSD | 0.000005886 | 0.0358 | get 0.0045% / 1h | 40m 44s | $1.1M | $677K | 50x |
Injective SHIB/USDC PERP
Kraken Futures PF_SHIBUSDPrice 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
- $206.97
- Funding while held
- $1.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $198.53
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0053%
- Per $10,000 a day
- +$1.58
- 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 Kraken Futures live order book, 4 min ago | 6.80 bp | 15.1 bp −$15 | 26.4 bp −$264 | doesn't fit | 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
GMXInjective0.000005767+15.340%
Aster0.000005884+17.682%Backpack0.000005886+17.720%
Aster
BackpackKraken Futures0.000005886+17.727%
SoDEX0.000005887+17.740%BloFin0.000005887+17.740%HTX0.000005888+17.760%Deribit0.000005889+17.780%Phemex0.000005890+17.800%Orderly0.000005892+17.840%SunX0.000005893+17.860%Coinbase International0.000005894+17.880%gTrade (Gains Network)0.000005894+17.884%Reya0.000005899+17.974%Gate0.000005899+17.980%KuCoin0.000005900+18.000%BingX0.000005900+18.000%Extended0.000005900+18.006%Pacifica0.000005902+18.040%OKX0.000005903+18.060%Bitget0.000005903+18.060%Binance0.000005903+18.069%dYdX0.000005903+18.069%Lighter0.000005904+18.080%Paradex0.000005904+18.085%MEXC0.000005905+18.100%Hyperliquid0.000005906+18.120%Kalshi0.000005924+18.482%
SoDEX
BloFin
HTX
Deribit
Phemex
Orderly
SunX
Coinbase International
gTrade (Gains Network)
Reya
Gate
KuCoin
BingX
Extended
Pacifica
OKX
Bitget
Binance
dYdX
Lighter
Paradex
MEXC
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 +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPlong | 0.000% | +0.0306% | 1h | $236 | $110K | 5.5x | |
| Aster 1000SHIBUSDT | +2.030% | +0.0100% | 8h | $46K | $170K | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +2.063% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Kraken Futures PF_SHIBUSDshort | +2.070% | +0.0358% | 1h | $1.1M | $677K | 50x | |
| SoDEX 1000SHIB-USD | +2.081% | +0.0100% | 1h | $517 | $5K | 10x | as long as short |
| BloFin SHIB-USDT | +2.081% | +0.0220% | 8h | $721K | $838K | 50x | as long as short |
| HTX SHIB-USDT | +2.098% | +0.0100% | 8h | $400K | $784K | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | +2.115% | 0.0000% | 1h | $37K | $63K | 25x | as long as short |
| Phemex u1000SHIBUSDT | +2.133% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |