After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.031%7d average+0.011%fees + slippage, in and out−$56spread needed0.556%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005936 | 0.0011 | pay 0.0001% / 1h | 12m 12s | $1.1M | $731K | 50x |
| Short | BingX 1000SHIB-USDT | 0.000005934 | 0.0038 | get 0.0038% / 8h | 5h 12m | — | $2.1M | — |
Kraken Futures PF_SHIBUSD
BingX 1000SHIB-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
- −$3.13
- Funding while held
- $0.8
- Slippage, 4 orders
- −$35.56
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.89
- Spread needed to break even
- 0.556%
Slippage from Kraken Futures: live order book, 3 min ago; BingX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0027%
- Per $10,000 a day
- +$0.80
- 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, 3 min ago | 3.36 bp | 21.7 bp −$22 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.68 bp | 9.5 bp −$9 | 17.1 bp −$171 | 56.0 bp −$5,601 | 121.2 bp −$60.6K |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%OKX0.000005929+18.580%Kalshi0.000005933+18.650%Reya0.000005933+18.650%Aster0.000005933+18.656%Gate0.000005933+18.660%HTX0.000005933+18.660%KuCoin0.000005934+18.680%
GMX
Injective
OKX
Reya
Aster
Gate
HTX
KuCoinBingX0.000005934+18.680%
MEXC0.000005935+18.700%SoDEX0.000005935+18.700%Phemex0.000005935+18.700%
MEXC
SoDEX
PhemexKraken Futures0.000005936+18.717%
Extended0.000005936+18.718%Pacifica0.000005936+18.720%Orderly0.000005936+18.720%Paradex0.000005936+18.723%dYdX0.000005936+18.725%Binance0.000005937+18.730%Lighter0.000005937+18.740%Bitget0.000005937+18.740%gTrade (Gains Network)0.000005938+18.758%BloFin0.000005939+18.780%Deribit0.000005940+18.800%SunX0.000005944+18.880%Hyperliquid0.000005945+18.900%Backpack0.000005946+18.920%Coinbase International0.000005957+19.140%
Extended
Pacifica
Orderly
Paradex
dYdX
Binance
Lighter
Bitget
gTrade (Gains Network)
BloFin
Deribit
SunX
Hyperliquid
Backpack
Coinbase InternationalSHIB 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] | −15.766% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.845% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.116% | +0.0100% | 8h | $7.7M | $27.2M | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.057% | 0.0000% | 8h | $79K | $1.5M | 2x | as long as short |
| Reya kSHIBRUSDPERP | −0.057% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Aster 1000SHIBUSDT | −0.052% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| Gate SHIB_USDT | −0.048% | +0.0100% | 8h | $6.7M | $5.3M | 75x | as long as short |
| HTX SHIB-USDT | −0.048% | +0.0100% | 8h | $400K | $647K | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.031% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| BingX 1000SHIB-USDTshort | −0.031% | +0.0038% | 8h | — | $2.1M | — |