After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.287%7d average+0.049%fees + slippage, in and out−$52spread needed0.523%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005886 | 0.0042 | pay 0.0005% / 1h | 7m 39s | $1.1M | $737K | 50x |
| Short | Binance 1000SHIBUSDT | 0.000005903 | 0.0100 | get 0.0100% / 8h | 6h 07m | $28.5M | $80.1M | 75x |
Kraken Futures PF_SHIBUSD
Binance 1000SHIBUSDTPrice 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
- $28.66
- Funding while held
- $1.73
- Slippage, 4 orders
- −$32.27
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.88
- Spread needed to break even
- 0.523%
Slippage from Kraken Futures: live order book, 2 min ago; Binance: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0058%
- Per $10,000 a day
- +$1.73
- 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 Kraken Futures live order book, 2 min ago | 10.17 bp | 22.1 bp −$22 | 40.4 bp −$404 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.84 bp | 6.8 bp −$7 | 15.7 bp −$157 | 61.7 bp −$6,166 | 164.2 bp −$82.1K |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%HTX0.000005883+17.660%Kalshi0.000005883+17.670%gTrade (Gains Network)0.000005884+17.678%SoDEX0.000005885+17.700%Deribit0.000005885+17.700%Aster0.000005886+17.712%Reya0.000005886+17.717%
GMX
Injective
HTX
gTrade (Gains Network)
SoDEX
Deribit
Aster
ReyaKraken Futures0.000005886+17.729%
Extended0.000005887+17.740%Backpack0.000005887+17.740%Orderly0.000005888+17.760%Gate0.000005889+17.780%BloFin0.000005893+17.860%Phemex0.000005894+17.880%SunX0.000005895+17.900%Coinbase International0.000005897+17.940%OKX0.000005902+18.040%Hyperliquid0.000005903+18.060%KuCoin0.000005903+18.060%BingX0.000005903+18.060%
Extended
Backpack
Orderly
Gate
BloFin
Phemex
SunX
Coinbase International
OKX
Hyperliquid
KuCoin
BingXBinance0.000005903+18.066%
dYdX0.000005903+18.069%MEXC0.000005904+18.080%Lighter0.000005905+18.100%Pacifica0.000005905+18.100%Bitget0.000005906+18.120%Paradex0.000005907+18.134%
dYdX
MEXC
Lighter
Pacifica
Bitget
ParadexSHIB 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] | −15.059% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.029% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| HTX SHIB-USDT | −0.058% | +0.0100% | 8h | $394K | $675K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.050% | 0.0000% | 8h | $114K | $1.4M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.043% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| SoDEX 1000SHIB-USD | −0.024% | +0.0100% | 1h | $570 | $5K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.024% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| Aster 1000SHIBUSDT | −0.014% | +0.0100% | 8h | $40K | $160K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.010% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kraken Futures PF_SHIBUSDlong | 0.000% | +0.0042% | 1h | $1.1M | $737K | 50x |