Spread before costs (cost unknown: a leg has no order-book sample)+0.201%
7d average—if it closes, per $10,000$20funding while held, a day−$7.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005856 | 0.0360 | pay 0.0045% / 1h | 32m 48s | $1.1M | $689K | 50x |
| Short | Paradex kSHIB-USD-PERP | 0.000005868 | 0.0097 | get 0.0097% / 8h | 32m 48s | $7K | — | 20x |
Kraken Futures PF_SHIBUSD
Paradex kSHIB-USD-PERPPrice 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
- $20.06
- Funding while held
- −$7.9
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$1.84
- Spread needed to break even
- 0.140%
Slippage unknown: Kraken Futures: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0263%
- Per $10,000 a day
- −$7.90
- 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 | 4.26 bp | 24.5 bp −$25 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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%Orderly0.000005852+17.040%Deribit0.000005852+17.040%BloFin0.000005852+17.040%Extended0.000005852+17.049%MEXC0.000005853+17.060%Reya0.000005854+17.071%Aster0.000005854+17.073%Lighter0.000005854+17.080%Backpack0.000005854+17.080%HTX0.000005854+17.080%SoDEX0.000005855+17.100%Phemex0.000005855+17.100%
GMX
Injective
Orderly
Deribit
BloFin
Extended
MEXC
Reya
Aster
Lighter
Backpack
HTX
SoDEX
PhemexKraken Futures0.000005856+17.120%
Gate0.000005856+17.120%KuCoin0.000005856+17.120%gTrade (Gains Network)0.000005858+17.156%BingX0.000005858+17.160%dYdX0.000005860+17.200%Coinbase International0.000005860+17.200%Kalshi0.000005860+17.204%Bitget0.000005861+17.220%Binance0.000005862+17.237%OKX0.000005862+17.240%SunX0.000005862+17.240%Pacifica0.000005863+17.260%
Gate
KuCoin
gTrade (Gains Network)
BingX
dYdX
Coinbase International
Bitget
Binance
OKX
SunX
PacificaParadex0.000005868+17.355%
Hyperliquid0.000005869+17.380%
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] | −14.617% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.519% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.068% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.068% | −0.0092% | 1h | $36K | $63K | 25x | as long as short |
| BloFin SHIB-USDT | −0.068% | +0.0220% | 8h | $743K | $845K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.060% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| MEXC SHIB_USDT | −0.051% | +0.0100% | 8h | $35.0M | $10.7M | 300x | as long as short |
| Reya kSHIBRUSDPERP | −0.042% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Aster 1000SHIBUSDT | −0.040% | +0.0100% | 8h | $43K | $171K | 50x | as long as short |
| Lighter 1000SHIB | −0.034% | +0.0096% | 1h | $157K | $296K | 10x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack kSHIB_USDC_PERP | −0.034% | +0.0100% | 1h | $26K | $4K | 15x | as long as short |
| HTX SHIB-USDT | −0.034% | +0.0100% | 8h | $398K | $787K | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.017% | +0.0100% | 1h | $509 | $5K | 10x | as long as short |
| Phemex u1000SHIBUSDT | −0.017% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| Kraken Futures PF_SHIBUSDlong | 0.000% | +0.0360% | 1h | $1.1M | $689K | 50x | |
| Gate SHIB_USDT | 0.000% | +0.0069% | 8h | $6.6M | $4.5M | 75x | as long as short |
| KuCoin SHIBUSDTM | 0.000% | +0.0100% | 8h | $5.0M | $2.2M | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.031% | L +0.0007% / S −0.0008% | 1h | $1K | — | 150x | as long as short |
| BingX 1000SHIB-USDC | +0.034% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| dYdX SHIB-USD | +0.069% | +0.1907% | 1h | $22K | $66K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.069% | −0.0008% | 1h | $92K | $884K | 50x | as long as short |
| Kalshi KXKSHIBPERP | +0.072% | 0.0000% | 8h | $249K | $1.2M | 2x | as long as short |
| Bitget SHIBUSDT | +0.086% | +0.0100% | 8h | $11.1M | $10.0M | 75x | as long as short |
| Binance 1000SHIBUSDT | +0.100% | +0.0100% | 8h | $28.3M | $67.0M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | +0.103% | +0.0100% | 8h | $7.6M | $22.4M | 50x | as long as short |
| SunX SHIB-USDT | +0.103% | +0.0100% | 8h | $2K | $20K | 20x | as long as short |
| Pacifica kSHIB | +0.120% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Paradex kSHIB-USD-PERPshort | +0.201% | +0.0097% | 8h | $7K | — | 20x | |
| Hyperliquid kSHIB | +0.222% | +0.0209% | 1h | $3.5M | $2.3M | 10x | as long as short |