After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.051%7d average+0.014%fees + slippage, in and out−$50spread needed0.503%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHIBUSDTM | 0.000005914 | 0.0100 | pay 0.0100% / 8h | 48m 58s | $4.9M | $2.1M | 75x |
| Short | Lighter 1000SHIB | 0.000005917 | 0.0096 | get 0.0012% / 1h | 48m 58s | $159K | $211K | 10x |
KuCoin SHIBUSDTM
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
- $5.07
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$38.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$45.32
- Spread needed to break even
- 0.503%
Slippage from KuCoin: live order book, 5 min ago; Lighter: live order book, 57 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 KuCoin live order book, 5 min ago | 3.38 bp | 19.9 bp −$20 | 67.8 bp −$678 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 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%BingX0.000005907+18.140%OKX0.000005907+18.140%Extended0.000005909+18.188%Gate0.000005910+18.200%Phemex0.000005910+18.200%Binance0.000005911+18.220%Reya0.000005911+18.226%SoDEX0.000005912+18.240%Bitget0.000005912+18.240%BloFin0.000005912+18.240%MEXC0.000005913+18.260%
GMX
Injective
BingX
OKX
Extended
Gate
Phemex
Binance
Reya
SoDEX
Bitget
BloFin
MEXCKuCoin0.000005914+18.280%
Backpack0.000005916+18.320%Deribit0.000005916+18.320%Coinbase International0.000005916+18.320%
Backpack
Deribit
Coinbase InternationalLighter0.000005917+18.340%
Kraken Futures0.000005917+18.343%Orderly0.000005918+18.360%gTrade (Gains Network)0.000005918+18.368%Aster0.000005919+18.389%HTX0.000005920+18.400%Paradex0.000005921+18.418%dYdX0.000005922+18.447%SunX0.000005923+18.460%Hyperliquid0.000005923+18.460%Kalshi0.000005923+18.466%Pacifica0.000005927+18.540%
Kraken Futures
Orderly
gTrade (Gains Network)
Aster
HTX
Paradex
dYdX
SunX
Hyperliquid
PacificaSHIB 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] | −15.455% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.486% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| BingX 1000SHIB-USDC | −0.118% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| OKX SHIB-USDT-SWAP | −0.118% | +0.0100% | 8h | $7.7M | $21.7M | 50x | as long as short |
| Extended 1000SHIB-USD | −0.078% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Gate SHIB_USDT | −0.068% | +0.0071% | 8h | $6.7M | $4.3M | 75x | as long as short |
| Phemex u1000SHIBUSDT | −0.068% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| Binance 1000SHIBUSDT | −0.051% | +0.0100% | 8h | $28.6M | $62.2M | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.046% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| SoDEX 1000SHIB-USD | −0.034% | +0.0100% | 1h | $528 | $5K | 10x | as long as short |