After costs, if the gap returns to its 7d average, $10k−$98
spread now−0.067%7d average+0.050%fees + slippage, in and out−$86spread needed0.863%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SHIBUSDTM | 0.000005934 | 0.0100 | pay 0.0100% / 8h | 5h 46m | $4.7M | $2.4M | 75x |
| Short | Phemex u1000SHIBUSDT | 0.000005930 | 0.0100 | get 0.0100% / 8h | 5h 46m | $2.1M | $4.8M | 50x |
KuCoin SHIBUSDTM
Phemex u1000SHIBUSDTPrice 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
- −$6.74
- Funding while held
- $0
- Slippage, 4 orders
- −$62.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$93.06
- Spread needed to break even
- 0.863%
Slippage from KuCoin: live order book, 7 min ago; Phemex: live order book, 4 min ago.
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, 7 min ago | 3.38 bp | 19.6 bp −$20 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 10.98 bp | 20.6 bp −$21 | 66.9 bp −$669 | 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%BloFin0.000005924+18.480%Reya0.000005926+18.512%Kalshi0.000005926+18.518%Orderly0.000005927+18.540%HTX0.000005927+18.540%gTrade (Gains Network)0.000005928+18.560%SoDEX0.000005928+18.560%Kraken Futures0.000005928+18.568%Deribit0.000005929+18.580%Coinbase International0.000005929+18.580%
GMX
Injective
BloFin
Reya
Orderly
HTX
gTrade (Gains Network)
SoDEX
Kraken Futures
Deribit
Coinbase InternationalPhemex0.000005930+18.600%
Gate0.000005933+18.660%MEXC0.000005933+18.660%Aster0.000005933+18.669%OKX0.000005934+18.680%
Gate
MEXC
Aster
OKXKuCoin0.000005934+18.680%
dYdX0.000005934+18.681%Extended0.000005936+18.717%Bitget0.000005936+18.720%BingX0.000005937+18.740%Backpack0.000005937+18.740%Paradex0.000005938+18.760%Lighter0.000005938+18.760%Pacifica0.000005938+18.760%Binance0.000005939+18.780%SunX0.000005939+18.780%Hyperliquid0.000005946+18.920%
dYdX
Extended
Bitget
BingX
Backpack
Paradex
Lighter
Pacifica
Binance
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] | −15.740% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.814% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.169% | +0.0220% | 8h | $733K | $963K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.141% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kalshi KXKSHIBPERP | −0.137% | 0.0000% | 8h | $117K | $1.4M | 2x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.118% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| HTX SHIB-USDT | −0.118% | +0.0100% | 8h | $397K | $658K | 75x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.101% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| SoDEX 1000SHIB-USD | −0.101% | +0.0100% | 1h | $568 | $5K | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.095% | +0.0011% | 1h | $1.1M | $731K | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit 1000SHIB_USDC-PERPETUAL | −0.084% | +0.0256% | 1h | $42K | $64K | 25x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.084% | +0.0016% | 1h | $86K | $789K | 50x | as long as short |
| Phemex u1000SHIBUSDTshort | −0.067% | +0.0100% | 8h | $2.1M | $4.8M | 50x | |
| Gate SHIB_USDT | −0.017% | +0.0100% | 8h | $6.7M | $5.3M | 75x | as long as short |
| MEXC SHIB_USDT | −0.017% | +0.0100% | 8h | $33.7M | $14.9M | 300x | as long as short |
| Aster 1000SHIBUSDT | −0.009% | +0.0100% | 8h | $40K | $159K | 50x | as long as short |
| OKX SHIB-USDT-SWAP | 0.000% | +0.0100% | 8h | $7.7M | $26.7M | 50x | as long as short |
| KuCoin SHIBUSDTMlong | 0.000% | +0.0100% | 8h | $4.7M | $2.4M | 75x | |
| dYdX SHIB-USD | +0.001% | 0.0000% | 1h | $23K | $66K | 10x | as long as short |
| Extended 1000SHIB-USD | +0.031% | +0.0104% | 1h | $52K | $4K | 25x | as long as short |
| Bitget SHIBUSDT | +0.034% | +0.0100% | 8h | $11.4M | $11.6M | 75x | as long as short |
| BingX 1000SHIB-USDC | +0.051% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Backpack kSHIB_USDC_PERP | +0.051% | −0.0053% | 1h | $27K | $4K | 15x | as long as short |
| Paradex kSHIB-USD-PERP | +0.067% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| Lighter 1000SHIB | +0.067% | +0.0096% | 1h | $151K | $308K | 10x | as long as short |
| Pacifica kSHIB | +0.067% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Binance 1000SHIBUSDT | +0.084% | +0.0100% | 8h | $28.9M | $81.3M | 75x | as long as short |
| SunX SHIB-USDT | +0.084% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Hyperliquid kSHIB | +0.202% | +0.0688% | 1h | $4.3M | $3.7M | 10x | as long as short |