Spread before costs (cost unknown: a leg has no order-book sample)+0.135%
7d average—if it closes, per $10,000$14funding while held, a day+$139.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000SHIB | 0.000005905 | 0.0096 | pay 0.0012% / 1h | 55m 53s | $151K | $302K | 10x |
| Short | dYdX SHIB-USD | 0.000005913 | 0.4756 | get 0.0595% / 1h | 55m 53s | $23K | $66K | 10x |
Lighter 1000SHIB
dYdX SHIB-USDPrice 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
- $13.55
- Funding while held
- $139.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $143.36
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: live order book, 40 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.4660%
- Per $10,000 a day
- +$139.81
- 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 Lighter live order book, 40 min ago | 0.85 bp | 4.4 bp −$4 | 46.2 bp −$462 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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%Kalshi0.000005899+17.978%Coinbase International0.000005899+17.980%MEXC0.000005900+18.000%KuCoin0.000005901+18.020%Deribit0.000005901+18.020%Phemex0.000005901+18.020%gTrade (Gains Network)0.000005901+18.022%OKX0.000005902+18.040%SoDEX0.000005902+18.040%Extended0.000005902+18.040%Kraken Futures0.000005902+18.048%Aster0.000005903+18.053%Reya0.000005903+18.056%Orderly0.000005903+18.060%Gate0.000005904+18.080%HTX0.000005904+18.080%Binance0.000005905+18.094%
GMX
Injective
Coinbase International
MEXC
KuCoin
Deribit
Phemex
gTrade (Gains Network)
OKX
SoDEX
Extended
Kraken Futures
Aster
Reya
Orderly
Gate
HTX
BinanceLighter0.000005905+18.100%
BingX0.000005905+18.100%Backpack0.000005905+18.100%Bitget0.000005908+18.160%BloFin0.000005908+18.160%Paradex0.000005908+18.162%
BingX
Backpack
Bitget
BloFin
ParadexdYdX0.000005913+18.260%
Pacifica0.000005914+18.280%Hyperliquid0.000005916+18.320%SunX0.000005918+18.360%
Pacifica
Hyperliquid
SunXSHIB 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] | −15.326% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.337% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Kalshi KXKSHIBPERP | −0.103% | 0.0000% | 8h | $102K | $1.6M | 2x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.102% | −0.0048% | 1h | $86K | $826K | 50x | as long as short |
| MEXC SHIB_USDT | −0.085% | +0.0100% | 8h | $32.9M | $14.3M | 300x | as long as short |
| KuCoin SHIBUSDTM | −0.068% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.068% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| Phemex u1000SHIBUSDT | −0.068% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.066% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| OKX SHIB-USDT-SWAP | −0.051% | +0.0100% | 8h | $7.8M | $26.4M | 50x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX 1000SHIB-USD | −0.051% | +0.0100% | 1h | $542 | $5K | 10x | as long as short |
| Extended 1000SHIB-USD | −0.051% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.044% | +0.0042% | 1h | $1.1M | $794K | 50x | as long as short |
| Aster 1000SHIBUSDT | −0.040% | +0.0100% | 8h | $40K | $183K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.038% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.034% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Gate SHIB_USDT | −0.017% | +0.0100% | 8h | $6.7M | $5.0M | 75x | as long as short |
| HTX SHIB-USDT | −0.017% | +0.0100% | 8h | $395K | $721K | 75x | as long as short |
| Binance 1000SHIBUSDT | −0.005% | +0.0100% | 8h | $28.7M | $79.9M | 75x | as long as short |
| Lighter 1000SHIBlong | 0.000% | +0.0096% | 1h | $151K | $302K | 10x | |
| BingX 1000SHIB-USDT | 0.000% | +0.0037% | 8h | — | $2.2M | — | as long as short |
| Backpack kSHIB_USDC_PERP | 0.000% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Bitget SHIBUSDT | +0.051% | +0.0100% | 8h | $11.4M | $11.7M | 75x | as long as short |
| BloFin SHIB-USDT | +0.051% | +0.0220% | 8h | $728K | $912K | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.053% | +0.0098% | 8h | $7K | — | 20x | as long as short |
| dYdX SHIB-USDshort | +0.135% | +0.4756% | 1h | $23K | $66K | 10x | |
| Pacifica kSHIB | +0.152% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Hyperliquid kSHIB | +0.186% | +0.0342% | 1h | $4.3M | $3.7M | 10x | as long as short |
| SunX SHIB-USDT | +0.220% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |