After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.069%7d average+0.035%fees + slippage, in and out−$52spread needed0.524%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXKSHIBPERP | 0.000005919 | 0 | get 0.0000% / 8h | 1h 47m | $117K | $1.4M | 2x |
| Short | BloFin SHIB-USDT | 0.000005915 | 0.0220 | get 0.0220% / 8h | 5h 47m | $732K | $961K | 50x |
BloFin SHIB-USDTPrice 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
- −$6.93
- Funding while held
- $6.6
- Slippage, 4 orders
- −$30.37
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.69
- Spread needed to break even
- 0.524%
Slippage from Kalshi: live order book, 2 min ago; BloFin: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0220%
- Per $10,000 a day
- +$6.60
- 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 Kalshi live order book, 2 min ago | 9.13 bp | 14.1 bp −$14 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 1.69 bp | 14.2 bp −$14 | 20.5 bp −$205 | 94.4 bp −$9,438 | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%Coinbase International0.000005915+18.300%
GMX
Injective
Coinbase InternationalBloFin0.000005915+18.300%
HTX0.000005919+18.380%Phemex0.000005920+18.400%Backpack0.000005921+18.420%Gate0.000005922+18.440%MEXC0.000005923+18.460%Aster0.000005924+18.474%Kraken Futures0.000005924+18.478%SoDEX0.000005924+18.480%dYdX0.000005924+18.480%Lighter0.000005925+18.500%OKX0.000005925+18.500%Reya0.000005926+18.512%Pacifica0.000005926+18.520%KuCoin0.000005926+18.520%Deribit0.000005926+18.520%Extended0.000005926+18.527%Bitget0.000005927+18.540%Orderly0.000005927+18.540%Paradex0.000005927+18.543%BingX0.000005928+18.560%gTrade (Gains Network)0.000005928+18.560%Binance0.000005930+18.602%SunX0.000005931+18.620%Hyperliquid0.000005935+18.700%
HTX
Phemex
Backpack
Gate
MEXC
Aster
Kraken Futures
SoDEX
dYdX
Lighter
OKX
Reya
Pacifica
KuCoin
Deribit
Extended
Bitget
Orderly
Paradex
BingX
gTrade (Gains Network)
Binance
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] | −15.528% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.570% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.069% | +0.0016% | 1h | $86K | $787K | 50x | as long as short |
| BloFin SHIB-USDTshort | −0.069% | +0.0220% | 8h | $732K | $961K | 50x | |
| HTX SHIB-USDT | −0.002% | +0.0100% | 8h | $397K | $675K | 75x | as long as short |
| Kalshi KXKSHIBPERPlong | 0.000% | 0.0000% | 8h | $117K | $1.4M | 2x | |
| Phemex u1000SHIBUSDT | +0.015% | +0.0100% | 8h | $2.1M | $4.8M | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.032% | −0.0072% | 1h | $27K | $4K | 15x | as long as short |
| Gate SHIB_USDT | +0.049% | +0.0100% | 8h | $6.7M | $5.3M | 75x | as long as short |
| MEXC SHIB_USDT | +0.066% | +0.0100% | 8h | $33.6M | $14.9M | 300x | as long as short |