After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.116%7d average+0.005%fees + slippage, in and out−$62spread needed0.623%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005917 | 0.0356 | pay 0.0045% / 1h | 49m 21s | $1.1M | $665K | 50x |
| Short | Lighter 1000SHIB | 0.000005924 | 0.0096 | get 0.0012% / 1h | 49m 21s | $159K | $211K | 10x |
Kraken Futures PF_SHIBUSD
Lighter 1000SHIBPrice 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
- $11.61
- Funding while held
- −$7.81
- Slippage, 4 orders
- −$52.3
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.5
- Spread needed to break even
- 0.623%
Slippage from Kraken Futures: live order book, 5 min ago; Lighter: live order book, 56 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0260%
- Per $10,000 a day
- −$7.81
- 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 | 5.90 bp | 18.4 bp −$18 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 56 min ago | 1.75 bp | 7.2 bp −$7 | 54.8 bp −$548 | 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%Reya0.000005911+18.226%Extended0.000005912+18.238%OKX0.000005912+18.240%KuCoin0.000005913+18.260%Gate0.000005914+18.280%MEXC0.000005914+18.280%BingX0.000005914+18.280%Bitget0.000005916+18.320%Deribit0.000005916+18.320%
GMX
Injective
Reya
Extended
OKX
KuCoin
Gate
MEXC
BingX
Bitget
DeribitKraken Futures0.000005917+18.343%
Orderly0.000005918+18.360%Phemex0.000005918+18.360%gTrade (Gains Network)0.000005918+18.368%Binance0.000005920+18.400%HTX0.000005920+18.400%Paradex0.000005921+18.418%Aster0.000005922+18.432%Hyperliquid0.000005922+18.440%Backpack0.000005922+18.440%dYdX0.000005922+18.447%SunX0.000005923+18.460%
Orderly
Phemex
gTrade (Gains Network)
Binance
HTX
Paradex
Aster
Hyperliquid
Backpack
dYdX
SunXLighter0.000005924+18.480%
SoDEX0.000005926+18.520%Pacifica0.000005927+18.540%BloFin0.000005929+18.580%Coinbase International0.000005930+18.600%Kalshi0.000005938+18.760%
SoDEX
Pacifica
BloFin
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] | −15.500% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.537% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Reya kSHIBRUSDPERP | −0.098% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Extended 1000SHIB-USD | −0.089% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| OKX SHIB-USDT-SWAP | −0.087% | +0.0100% | 8h | $7.7M | $21.7M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.070% | +0.0100% | 8h | $4.9M | $2.1M | 75x | as long as short |
| Gate SHIB_USDT | −0.053% | +0.0071% | 8h | $6.7M | $4.3M | 75x | as long as short |
| MEXC SHIB_USDT | −0.053% | +0.0100% | 8h | $20.0M | $8.4M | 300x | as long as short |
| BingX 1000SHIB-USDC | −0.053% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Bitget SHIBUSDT | −0.019% | +0.0100% | 8h | $11.3M | $9.7M | 75x | as long as short |