After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.219%7d average+0.013%fees + slippage, in and out−$55spread needed0.551%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXKSHIBPERP | 0.000005934 | 0 | get 0.0000% / 8h | 2h 12m | $103K | $1.4M | 2x |
| Short | Gate SHIB_USDT | 0.000005921 | 0.0096 | get 0.0096% / 8h | 6h 12m | $6.7M | $5.2M | 75x |
Gate 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
- −$21.91
- Funding while held
- $2.88
- Slippage, 4 orders
- −$30.13
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.16
- Spread needed to break even
- 0.551%
Slippage from Kalshi: live order book, 2 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- 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 | 7.32 bp | 14.9 bp −$15 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.53 bp | 14.2 bp −$14 | 29.0 bp −$290 | 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%
GMX
InjectiveGate0.000005921+18.420%
MEXC0.000005921+18.420%Aster0.000005921+18.423%BloFin0.000005922+18.440%Extended0.000005922+18.449%Reya0.000005923+18.457%OKX0.000005923+18.460%KuCoin0.000005924+18.480%gTrade (Gains Network)0.000005924+18.490%BingX0.000005925+18.500%Backpack0.000005925+18.500%Orderly0.000005925+18.500%Binance0.000005925+18.500%SoDEX0.000005926+18.520%Bitget0.000005927+18.540%Deribit0.000005927+18.540%HTX0.000005927+18.540%Lighter0.000005928+18.560%Coinbase International0.000005929+18.580%Kraken Futures0.000005930+18.597%Paradex0.000005930+18.600%Phemex0.000005930+18.600%dYdX0.000005932+18.649%Hyperliquid0.000005934+18.680%Pacifica0.000005935+18.700%SunX0.000005935+18.700%
MEXC
Aster
BloFin
Extended
Reya
OKX
KuCoin
gTrade (Gains Network)
BingX
Backpack
Orderly
Binance
SoDEX
Bitget
Deribit
HTX
Lighter
Coinbase International
Kraken Futures
Paradex
Phemex
dYdX
Hyperliquid
Pacifica
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] | −15.740% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.814% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Gate SHIB_USDTshort | −0.219% | +0.0096% | 8h | $6.7M | $5.2M | 75x | |
| MEXC SHIB_USDT | −0.219% | +0.0100% | 8h | $34.1M | $15.0M | 300x | as long as short |
| Aster 1000SHIBUSDT | −0.216% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| BloFin SHIB-USDT | −0.202% | +0.0220% | 8h | $742K | $933K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.195% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Reya kSHIBRUSDPERP | −0.188% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | −0.185% | +0.0100% | 8h | $7.8M | $26.1M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.169% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |