After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.493%7d average+0.052%fees + slippage, in and out−$56spread needed0.557%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXKSHIBPERP | 0.000005900 | 0 | get 0.0000% / 8h | 2h 10m | $102K | $1.4M | 2x |
| Short | Coinbase International 1000SHIB-PERP-INTX | 0.000005929 | −0.0048 | pay 0.0006% / 1h | 10m 48s | $86K | $757K | 50x |
Coinbase International 1000SHIB-PERP-INTXPrice 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
- $49.32
- Funding while held
- −$1.44
- Slippage, 4 orders
- −$35.73
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$7.84
- Spread needed to break even
- 0.557%
Slippage from Kalshi: live order book, 4 min ago; Coinbase International: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.44
- 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, 4 min ago | 7.32 bp | 14.9 bp −$15 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 9 min ago | 8.40 bp | 15.1 bp −$15 | 17.1 bp −$171 | 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%Reya0.000005898+17.957%gTrade (Gains Network)0.000005898+17.960%Gate0.000005899+17.980%Deribit0.000005900+18.000%Phemex0.000005900+18.000%Extended0.000005900+18.009%Orderly0.000005901+18.020%SoDEX0.000005901+18.020%HTX0.000005901+18.020%KuCoin0.000005902+18.040%BingX0.000005902+18.040%Aster0.000005903+18.060%BloFin0.000005903+18.060%OKX0.000005904+18.080%Kraken Futures0.000005905+18.099%Backpack0.000005905+18.100%MEXC0.000005905+18.100%Paradex0.000005909+18.183%SunX0.000005910+18.200%Hyperliquid0.000005912+18.240%Pacifica0.000005913+18.260%Lighter0.000005914+18.280%Binance0.000005915+18.291%dYdX0.000005915+18.300%Bitget0.000005917+18.340%
GMX
Injective
Reya
gTrade (Gains Network)
Gate
Deribit
Phemex
Extended
Orderly
SoDEX
HTX
KuCoin
BingX
Aster
BloFin
OKX
Kraken Futures
Backpack
MEXC
Paradex
SunX
Hyperliquid
Pacifica
Lighter
Binance
dYdX
BitgetCoinbase International0.000005929+18.580%
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] | −15.253% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.253% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Reya kSHIBRUSDPERP | −0.034% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.032% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Gate SHIB_USDT | −0.015% | +0.0100% | 8h | $6.7M | $5.2M | 75x | as long as short |
| Kalshi KXKSHIBPERPlong | 0.000% | 0.0000% | 8h | $102K | $1.4M | 2x | |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.002% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| Phemex u1000SHIBUSDT | +0.002% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.010% | +0.0104% | 1h | $52K | $4K | 25x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.019% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX 1000SHIB-USD | +0.019% | +0.0100% | 1h | $570 | $5K | 10x | as long as short |
| HTX SHIB-USDT | +0.019% | +0.0100% | 8h | $395K | $696K | 75x | as long as short |
| KuCoin SHIBUSDTM | +0.036% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |
| BingX 1000SHIB-USDT | +0.036% | −0.0023% | 8h | — | $2.1M | — | as long as short |
| Aster 1000SHIBUSDT | +0.053% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| BloFin SHIB-USDT | +0.053% | +0.0220% | 8h | $739K | $939K | 50x | as long as short |
| OKX SHIB-USDT-SWAP | +0.069% | +0.0100% | 8h | $7.7M | $26.1M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.086% | +0.0042% | 1h | $1.1M | $736K | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.086% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| MEXC SHIB_USDT | +0.086% | +0.0100% | 8h | $34.0M | $15.0M | 300x | as long as short |
| Paradex kSHIB-USD-PERP | +0.157% | +0.0099% | 8h | $7K | — | 20x | as long as short |
| SunX SHIB-USDT | +0.171% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Hyperliquid kSHIB | +0.205% | +0.0503% | 1h | $4.3M | $3.6M | 10x | as long as short |
| Pacifica kSHIB | +0.222% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Lighter 1000SHIB | +0.239% | +0.0096% | 1h | $151K | $307K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.248% | +0.0100% | 8h | $28.5M | $79.8M | 75x | as long as short |
| dYdX SHIB-USD | +0.256% | +0.2325% | 1h | $23K | $66K | 10x | as long as short |
| Bitget SHIBUSDT | +0.290% | +0.0100% | 8h | $11.5M | $11.4M | 75x | as long as short |
| Coinbase International 1000SHIB-PERP-INTXshort | +0.493% | −0.0048% | 1h | $86K | $757K | 50x |