Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average—if it closes, per $10,000$1funding while held, a day+$1.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005907 | 0.0042 | pay 0.0005% / 1h | 54m 51s | $1.1M | $793K | 50x |
| Short | Extended 1000SHIB-USD | 0.000005906 | 0.0104 | get 0.0013% / 1h | 54m 51s | $52K | $6K | 25x |
Kraken Futures PF_SHIBUSD
Extended 1000SHIB-USDPrice 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
- −$1.04
- Funding while held
- $1.85
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$14.19
- Spread needed to break even
- 0.150%
Slippage unknown: Kraken Futures: live order book, 5 min ago; Extended: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0062%
- Per $10,000 a day
- +$1.85
- 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, 5 min ago | 4.22 bp | 18.4 bp −$18 | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%Reya0.000005895+17.903%Coinbase International0.000005899+17.980%gTrade (Gains Network)0.000005902+18.032%Phemex0.000005902+18.040%Gate0.000005903+18.060%Deribit0.000005903+18.060%HTX0.000005903+18.060%OKX0.000005904+18.080%Orderly0.000005904+18.080%SoDEX0.000005904+18.080%BingX0.000005905+18.100%MEXC0.000005905+18.100%Kalshi0.000005905+18.104%Paradex0.000005905+18.107%
GMX
Injective
Reya
Coinbase International
gTrade (Gains Network)
Phemex
Gate
Deribit
HTX
OKX
Orderly
SoDEX
BingX
MEXC
ParadexExtended0.000005906+18.119%
BloFin0.000005906+18.120%
BloFinKraken Futures0.000005907+18.131%
Lighter0.000005907+18.140%Pacifica0.000005907+18.140%Aster0.000005908+18.160%KuCoin0.000005909+18.180%SunX0.000005909+18.180%dYdX0.000005910+18.200%Bitget0.000005910+18.200%Binance0.000005910+18.202%Backpack0.000005913+18.260%Hyperliquid0.000005917+18.340%
Lighter
Pacifica
Aster
KuCoin
SunX
dYdX
Bitget
Binance
Backpack
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] | −15.348% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.362% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Reya kSHIBRUSDPERP | −0.193% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.128% | −0.0048% | 1h | $86K | $833K | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.084% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Phemex u1000SHIBUSDT | −0.077% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| Gate SHIB_USDT | −0.060% | +0.0100% | 8h | $6.7M | $5.0M | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.060% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| HTX SHIB-USDT | −0.060% | +0.0100% | 8h | $395K | $721K | 75x | as long as short |
| OKX SHIB-USDT-SWAP | −0.043% | +0.0100% | 8h | $7.8M | $26.4M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_1000SHIB_USDC | −0.043% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| SoDEX 1000SHIB-USD | −0.043% | +0.0100% | 1h | $544 | $5K | 10x | as long as short |
| BingX 1000SHIB-USDC | −0.026% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| MEXC SHIB_USDT | −0.026% | +0.0100% | 8h | $32.9M | $14.3M | 300x | as long as short |
| Kalshi KXKSHIBPERP | −0.023% | 0.0000% | 8h | $102K | $1.6M | 2x | as long as short |
| Paradex kSHIB-USD-PERP | −0.020% | +0.0098% | 8h | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USDshort | −0.010% | +0.0104% | 1h | $52K | $6K | 25x | |
| BloFin SHIB-USDT | −0.009% | +0.0220% | 8h | $738K | $911K | 50x | as long as short |
| Kraken Futures PF_SHIBUSDlong | 0.000% | +0.0042% | 1h | $1.1M | $793K | 50x | |
| Lighter 1000SHIB | +0.008% | +0.0096% | 1h | $151K | $302K | 10x | as long as short |
| Pacifica kSHIB | +0.008% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Aster 1000SHIBUSDT | +0.025% | +0.0100% | 8h | $40K | $183K | 50x | as long as short |
| KuCoin SHIBUSDTM | +0.042% | +0.0100% | 8h | $4.7M | $2.5M | 75x | as long as short |
| SunX SHIB-USDT | +0.042% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| dYdX SHIB-USD | +0.059% | +0.5097% | 1h | $23K | $66K | 10x | as long as short |
| Bitget SHIBUSDT | +0.059% | +0.0100% | 8h | $11.3M | $11.7M | 75x | as long as short |
| Binance 1000SHIBUSDT | +0.060% | +0.0100% | 8h | $28.8M | $79.9M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.109% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Hyperliquid kSHIB | +0.177% | +0.0368% | 1h | $4.3M | $3.7M | 10x | as long as short |