Spread before costs (cost unknown: a leg has no order-book sample)−0.023%
7d average—if it closes, per $10,000$2funding while held, a day+$12.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000006067 | −0.0319 | get 0.0040% / 1h | 53m 07s | $1.1M | $757K | 50x |
| Short | Pacifica kSHIB | 0.000006066 | 0.0100 | get 0.0013% / 1h | 53m 07s | $11K | $4K | 10x |
Kraken Futures PF_SHIBUSD
Pacifica kSHIBPrice 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
- −$2.29
- Funding while held
- $12.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$7.71
- Spread needed to break even
- 0.180%
Slippage unknown: Kraken Futures: live order book, 2 min ago; Pacifica: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0419%
- Per $10,000 a day
- +$12.58
- 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 | 4.95 bp | 16.8 bp −$17 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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.Injective0.000005767cheapestGMX0.000006000+4.040%dYdX0.000006060+5.081%Coinbase International0.000006060+5.081%Kalshi0.000006060+5.088%gTrade (Gains Network)0.000006064+5.148%BloFin0.000006064+5.150%Paradex0.000006065+5.164%Gate0.000006065+5.167%KuCoin0.000006065+5.167%Phemex0.000006065+5.167%
Injective
GMX
dYdX
Coinbase International
gTrade (Gains Network)
BloFin
Paradex
Gate
KuCoin
PhemexPacifica0.000006066+5.185%
BingX0.000006066+5.185%SoDEX0.000006066+5.185%Extended0.000006066+5.191%MEXC0.000006067+5.202%Orderly0.000006067+5.202%
BingX
SoDEX
Extended
MEXC
OrderlyKraken Futures0.000006067+5.209%
Deribit0.000006068+5.219%Bitget0.000006068+5.219%Lighter0.000006069+5.237%Backpack0.000006069+5.237%Binance0.000006070+5.250%OKX0.000006071+5.271%Reya0.000006071+5.273%Aster0.000006074+5.328%SunX0.000006076+5.358%Hyperliquid0.000006078+5.393%HTX0.000006078+5.393%
Deribit
Bitget
Lighter
Backpack
Binance
OKX
Reya
Aster
SunX
Hyperliquid
HTXSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.951% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −1.111% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| dYdX SHIB-USD | −0.122% | +0.1487% | 1h | $23K | $66K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.122% | −0.0072% | 1h | $96K | $876K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.115% | 0.0000% | 8h | $116K | $1.5M | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.058% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| BloFin SHIB-USDT | −0.056% | +0.0220% | 8h | $749K | $907K | 50x | as long as short |
| Paradex kSHIB-USD-PERP | −0.042% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Gate SHIB_USDT | −0.039% | +0.0100% | 8h | $6.9M | $4.8M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.039% | +0.0100% | 8h | $4.9M | $2.4M | 75x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex u1000SHIBUSDT | −0.039% | −0.0129% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Pacifica kSHIBshort | −0.023% | +0.0100% | 1h | $11K | $4K | 10x | |
| BingX 1000SHIB-USDT | −0.023% | −0.0250% | 8h | — | $2.2M | — | as long as short |
| SoDEX 1000SHIB-USD | −0.023% | +0.0100% | 1h | $550 | $5K | 10x | as long as short |
| Extended 1000SHIB-USD | −0.017% | +0.0104% | 1h | $54K | $6K | 25x | as long as short |
| MEXC SHIB_USDT | −0.006% | +0.0100% | 8h | $31.9M | $12.9M | 300x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.006% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Kraken Futures PF_SHIBUSDlong | 0.000% | −0.0319% | 1h | $1.1M | $757K | 50x | |
| Deribit 1000SHIB_USDC-PERPETUAL | +0.010% | 0.0000% | 1h | $38K | $59K | 25x | as long as short |
| Bitget SHIBUSDT | +0.010% | +0.0100% | 8h | $11.7M | $11.1M | 75x | as long as short |
| Lighter 1000SHIB | +0.027% | +0.0096% | 1h | $157K | $297K | 10x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.027% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Binance 1000SHIBUSDT | +0.039% | +0.0100% | 8h | $29.5M | $76.0M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.059% | +0.0100% | 8h | $8.1M | $25.7M | 50x | as long as short |
| Reya kSHIBRUSDPERP | +0.061% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Aster 1000SHIBUSDT | +0.114% | +0.0100% | 8h | $41K | $180K | 50x | as long as short |
| SunX SHIB-USDT | +0.142% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Hyperliquid kSHIB | +0.175% | +0.0237% | 1h | $3.7M | $2.8M | 10x | as long as short |
| HTX SHIB-USDT | +0.175% | +0.0100% | 8h | $409K | $838K | 75x | as long as short |