Spread before costs (cost unknown: a leg has no order-book sample)+0.260%
7d average—if it closes, per $10,000$26funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHIBUSDTM | 0.000006049 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $4.9M | $2.4M | 75x |
| Short | Paradex kSHIB-USD-PERP | 0.000006065 | 0.0096 | get 0.0096% / 8h | 7h 54m | $7K | — | 20x |
KuCoin SHIBUSDTM
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
- $25.99
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $9.86
- Spread needed to break even
- 0.160%
Slippage unknown: KuCoin: live order book, 10 min ago; Paradex: no order-book sample. Net counts fees only.
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, 10 min ago | 2.50 bp | 17.4 bp −$17 | 53.2 bp −$532 | 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.Injective0.000005767cheapestGMX0.000006000+4.040%Extended0.000006044+4.797%MEXC0.000006044+4.803%Phemex0.000006044+4.803%Gate0.000006045+4.821%Backpack0.000006045+4.821%Kraken Futures0.000006046+4.831%Kalshi0.000006046+4.836%OKX0.000006047+4.855%BingX0.000006047+4.855%SoDEX0.000006047+4.855%Coinbase International0.000006047+4.855%Binance0.000006047+4.859%Lighter0.000006048+4.873%Deribit0.000006048+4.873%
Injective
GMX
Extended
MEXC
Phemex
Gate
Backpack
Kraken Futures
OKX
BingX
SoDEX
Coinbase International
Binance
Lighter
DeribitKuCoin0.000006049+4.890%
HTX0.000006050+4.907%Reya0.000006051+4.919%Orderly0.000006051+4.925%Bitget0.000006052+4.942%Aster0.000006052+4.947%gTrade (Gains Network)0.000006055+4.990%Hyperliquid0.000006057+5.029%SunX0.000006057+5.029%BloFin0.000006061+5.098%
HTX
Reya
Orderly
Bitget
Aster
gTrade (Gains Network)
Hyperliquid
SunX
BloFinParadex0.000006065+5.162%
dYdX0.000006066+5.185%Pacifica0.000006066+5.185%
dYdX
PacificaSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −4.662% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −0.810% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Extended 1000SHIB-USD | −0.088% | +0.0104% | 1h | $54K | $6K | 25x | as long as short |
| MEXC SHIB_USDT | −0.083% | +0.0100% | 8h | $31.9M | $12.9M | 300x | as long as short |
| Phemex u1000SHIBUSDT | −0.083% | −0.0380% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Gate SHIB_USDT | −0.066% | +0.0100% | 8h | $6.8M | $4.8M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.066% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.056% | −0.0320% | 1h | $1.1M | $754K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.051% | 0.0000% | 8h | $116K | $1.5M | 2x | as long as short |
| OKX SHIB-USDT-SWAP | −0.033% | +0.0100% | 8h | $8.1M | $25.5M | 50x | as long as short |