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−$1.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SHIBUSD | 0.000005852 | 0.0360 | pay 0.0045% / 1h | 29m 58s | $1.1M | $705K | 50x |
| Short | Reya kSHIBRUSDPERP | 0.000005851 | 0.0323 | get 0.0040% / 1h | 29m 58s | $1 | — | 20x |
Kraken Futures PF_SHIBUSD
Reya kSHIBRUSDPERPPrice 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
- −$2.3
- Funding while held
- −$1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$19.43
- Spread needed to break even
- 0.160%
Slippage unknown: Kraken Futures: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0038%
- Per $10,000 a day
- −$1.13
- 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 | 4.26 bp | 24.5 bp −$25 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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%Pacifica0.000005851+17.020%HTX0.000005851+17.020%
GMX
Injective
Pacifica
HTXReya0.000005851+17.020%
dYdX0.000005851+17.029%OKX0.000005852+17.040%KuCoin0.000005852+17.040%Deribit0.000005852+17.040%Kalshi0.000005852+17.046%
dYdX
OKX
KuCoin
DeribitKraken Futures0.000005852+17.047%
Aster0.000005852+17.047%gTrade (Gains Network)0.000005853+17.052%Phemex0.000005853+17.060%BloFin0.000005853+17.060%Extended0.000005853+17.062%Binance0.000005854+17.075%Lighter0.000005854+17.080%Gate0.000005855+17.100%Orderly0.000005855+17.100%SoDEX0.000005855+17.100%Paradex0.000005855+17.104%BingX0.000005856+17.120%MEXC0.000005857+17.140%Bitget0.000005858+17.160%Backpack0.000005858+17.160%Coinbase International0.000005859+17.180%SunX0.000005861+17.220%Hyperliquid0.000005865+17.300%
Aster
gTrade (Gains Network)
Phemex
BloFin
Extended
Binance
Lighter
Gate
Orderly
SoDEX
Paradex
BingX
MEXC
Bitget
Backpack
Coinbase International
SunX
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] | −14.564% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −1.458% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Pacifica kSHIB | −0.023% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| HTX SHIB-USDT | −0.023% | +0.0100% | 8h | $397K | $788K | 75x | as long as short |
| Reya kSHIBRUSDPERPshort | −0.023% | +0.0323% | 1h | $1 | — | 20x | |
| dYdX SHIB-USD | −0.016% | +0.2499% | 1h | $22K | $66K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.006% | +0.0100% | 8h | $7.6M | $22.4M | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.006% | +0.0100% | 8h | $4.9M | $2.2M | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.006% | 0.0000% | 1h | $36K | $63K | 25x | as long as short |
| Kalshi KXKSHIBPERP | −0.001% | 0.0000% | 8h | $249K | $1.2M | 2x | as long as short |