Spread before costs (cost unknown: a leg has no order-book sample)+0.016%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHIBUSDTM | 0.000006068 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $4.8M | $2.4M | 75x |
| Short | Orderly PERP_1000SHIB_USDC | 0.000006069 | 0.0100 | get 0.0100% / 8h | 7h 54m | $6K | $1K | 20x |
KuCoin SHIBUSDTM
Orderly PERP_1000SHIB_USDCPrice 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
- $1.65
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$16.35
- Spread needed to break even
- 0.180%
Slippage unknown: KuCoin: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 9 min ago | 2.50 bp | 17.4 bp −$17 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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%BloFin0.000006061+5.098%Pacifica0.000006062+5.115%OKX0.000006062+5.115%Kraken Futures0.000006062+5.122%HTX0.000006064+5.150%Kalshi0.000006064+5.153%Paradex0.000006065+5.166%Lighter0.000006065+5.167%SoDEX0.000006065+5.167%dYdX0.000006066+5.185%Gate0.000006066+5.185%Backpack0.000006067+5.202%Extended0.000006068+5.213%
Injective
GMX
BloFin
Pacifica
OKX
Kraken Futures
HTX
Paradex
Lighter
SoDEX
dYdX
Gate
Backpack
ExtendedKuCoin0.000006068+5.219%
BingX0.000006069+5.237%
BingXOrderly0.000006069+5.237%
Phemex0.000006070+5.254%Bitget0.000006070+5.254%gTrade (Gains Network)0.000006072+5.285%SunX0.000006072+5.289%Reya0.000006072+5.292%MEXC0.000006073+5.306%Aster0.000006073+5.314%Hyperliquid0.000006074+5.323%Binance0.000006075+5.334%Deribit0.000006076+5.358%Coinbase International0.000006076+5.358%
Phemex
Bitget
gTrade (Gains Network)
SunX
Reya
MEXC
Aster
Hyperliquid
Binance
Deribit
Coinbase InternationalSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.960% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −1.121% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| BloFin SHIB-USDT | −0.115% | +0.0220% | 8h | $747K | $906K | 50x | as long as short |
| Pacifica kSHIB | −0.099% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.099% | +0.0100% | 8h | $8.1M | $25.5M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.093% | −0.0320% | 1h | $1.1M | $754K | 50x | as long as short |
| HTX SHIB-USDT | −0.066% | +0.0100% | 8h | $412K | $811K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.063% | 0.0000% | 8h | $128K | $1.5M | 2x | as long as short |
| Paradex kSHIB-USD-PERP | −0.051% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Lighter 1000SHIB | −0.049% | +0.0096% | 1h | $157K | $297K | 10x | as long as short |