After costs, if the gap returns to its 7d average, $10k−$46
spread now+0.017%7d average−0.014%fees + slippage, in and out−$49spread needed0.493%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000SHIB | 0.000005729 | 0.0096 | pay 0.0012% / 1h | 37m 03s | $153K | $185K | 10x |
| Short | KuCoin SHIBUSDTM | 0.000005730 | 0.0100 | get 0.0100% / 8h | 1h 37m | $4.6M | $1.9M | 75x |
Lighter 1000SHIB
KuCoin SHIBUSDTMPrice 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
- $1.75
- Funding while held
- $0.12
- Slippage, 4 orders
- −$37.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$47.4
- Spread needed to break even
- 0.493%
Slippage from Lighter: live order book, 9 min ago; KuCoin: live order book, 7 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 Lighter live order book, 9 min ago | 1.75 bp | 5.3 bp −$5 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 2.63 bp | 20.5 bp −$21 | 56.8 bp −$568 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005473+9.460%Coinbase International0.000005695+13.900%dYdX0.000005712+14.247%Paradex0.000005714+14.290%Pacifica0.000005716+14.320%Kalshi0.000005720+14.390%Aster0.000005720+14.391%Reya0.000005720+14.397%gTrade (Gains Network)0.000005722+14.450%BloFin0.000005723+14.460%Extended0.000005723+14.462%Orderly0.000005724+14.480%Deribit0.000005726+14.520%HTX0.000005726+14.520%SoDEX0.000005728+14.560%
GMX
Injective
Coinbase International
dYdX
Paradex
Pacifica
Aster
Reya
gTrade (Gains Network)
BloFin
Extended
Orderly
Deribit
HTX
SoDEXLighter0.000005729+14.580%
Gate0.000005729+14.580%Phemex0.000005729+14.580%
Gate
PhemexKuCoin0.000005730+14.600%
OKX0.000005731+14.620%MEXC0.000005731+14.620%Binance0.000005732+14.640%Kraken Futures0.000005732+14.650%Backpack0.000005733+14.660%Bitget0.000005734+14.680%BingX0.000005735+14.700%SunX0.000005735+14.700%Hyperliquid0.000005741+14.820%
OKX
MEXC
Binance
Kraken Futures
Backpack
Bitget
BingX
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] | −12.725% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.468% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.593% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| dYdX SHIB-USD | −0.290% | +0.6093% | 1h | $33K | $54K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.253% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| Pacifica kSHIB | −0.227% | +0.0100% | 1h | $11K | $2K | 10x | as long as short |
| Kalshi KXKSHIBPERP | −0.166% | 0.0000% | 8h | $292K | $922K | 2x | as long as short |
| Aster 1000SHIBUSDT | −0.165% | +0.0100% | 8h | $45K | $156K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.160% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.113% | L +0.0006% / S −0.0001% | 1h | $696 | — | 150x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SHIB-USDT | −0.105% | +0.0220% | 8h | $712K | $778K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.103% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.087% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.052% | +0.0099% | 1h | $45K | $52K | 25x | as long as short |
| HTX SHIB-USDT | −0.052% | +0.0100% | 8h | $390K | $716K | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.017% | +0.0100% | 1h | $502 | $6K | 10x | as long as short |
| Lighter 1000SHIBlong | 0.000% | +0.0096% | 1h | $153K | $185K | 10x | |
| Gate SHIB_USDT | 0.000% | +0.0074% | 8h | $6.4M | $3.7M | 75x | as long as short |
| Phemex u1000SHIBUSDT | 0.000% | +0.0100% | 8h | $2.1M | $4.1M | 50x | as long as short |
| KuCoin SHIBUSDTMshort | +0.017% | +0.0100% | 8h | $4.6M | $1.9M | 75x | |
| OKX SHIB-USDT-SWAP | +0.035% | +0.0100% | 8h | $7.5M | $18.5M | 50x | as long as short |
| MEXC SHIB_USDT | +0.035% | +0.0100% | 8h | $19.7M | $8.2M | 300x | as long as short |
| Binance 1000SHIBUSDT | +0.052% | +0.0100% | 8h | $27.6M | $55.0M | 75x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.061% | +0.0343% | 1h | $1.1M | $586K | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | +0.070% | +0.0100% | 1h | $24K | $3K | 15x | as long as short |
| Bitget SHIBUSDT | +0.087% | +0.0100% | 8h | $10.9M | $8.6M | 75x | as long as short |
| BingX 1000SHIB-USDC | +0.105% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| SunX SHIB-USDT | +0.105% | +0.0100% | 8h | $2K | $16K | 20x | as long as short |
| Hyperliquid kSHIB | +0.209% | +0.0257% | 1h | $3.3M | $1.6M | 10x | as long as short |