After costs, if the gap returns to its 7d average, $10k−$122
spread now−0.010%7d average−0.026%fees + slippage, in and out−$124spread needed1.238%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005911 | −0.0328 | get 0.0041% / 1h | 35m 07s | $1.1M | $773K | 50x |
| Short | HTX SHIB-USDT | 0.000005910 | 0.0100 | get 0.0100% / 8h | 7h 35m | $396K | $796K | 75x |
Kraken Futures PF_SHIBUSD
HTX 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
- −$1.02
- Funding while held
- $12.83
- Slippage, 4 orders
- −$101.79
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$111.97
- Spread needed to break even
- 1.238%
Slippage from Kraken Futures: live order book, 5 min ago; HTX: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0428%
- Per $10,000 a day
- +$12.83
- 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 | 10.95 bp | 16.1 bp −$16 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell HTX live order book, 10 min ago | 3.34 bp | 40.5 bp −$41 | 125.8 bp −$1,258 | 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%Gate0.000005906+18.120%BingX0.000005906+18.120%Extended0.000005907+18.136%SoDEX0.000005907+18.140%OKX0.000005907+18.140%KuCoin0.000005907+18.140%Bitget0.000005907+18.140%MEXC0.000005909+18.180%Lighter0.000005909+18.180%Backpack0.000005909+18.180%Deribit0.000005909+18.180%Binance0.000005910+18.200%Orderly0.000005910+18.200%
GMX
Injective
Gate
BingX
Extended
SoDEX
OKX
KuCoin
Bitget
MEXC
Lighter
Backpack
Deribit
Binance
OrderlyHTX0.000005910+18.200%
Phemex0.000005910+18.200%
PhemexKraken Futures0.000005911+18.212%
Reya0.000005912+18.242%gTrade (Gains Network)0.000005916+18.320%Hyperliquid0.000005917+18.340%BloFin0.000005917+18.340%Aster0.000005919+18.379%SunX0.000005919+18.380%Coinbase International0.000005921+18.420%dYdX0.000005922+18.438%Pacifica0.000005923+18.460%Paradex0.000005927+18.533%Kalshi0.000005929+18.570%
Reya
gTrade (Gains Network)
Hyperliquid
BloFin
Aster
SunX
Coinbase International
dYdX
Pacifica
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] | −15.406% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.430% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Gate SHIB_USDT | −0.078% | −0.0040% | 8h | $6.7M | $5.0M | 75x | as long as short |
| BingX 1000SHIB-USDC | −0.078% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Extended 1000SHIB-USD | −0.064% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| SoDEX 1000SHIB-USD | −0.061% | +0.0100% | 1h | $543 | $5K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.061% | +0.0100% | 8h | $7.8M | $26.1M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.061% | +0.0100% | 8h | $4.7M | $2.5M | 75x | as long as short |
| Bitget SHIBUSDT | −0.061% | +0.0100% | 8h | $11.3M | $11.7M | 75x | as long as short |
| MEXC SHIB_USDT | −0.027% | +0.0100% | 8h | $32.0M | $13.8M | 300x | as long as short |