Spread before costs (cost unknown: a leg has no order-book sample)+0.017%
7d average—if it closes, per $10,000$2funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000SHIB | 0.000006002 | 0.0096 | pay 0.0012% / 1h | 49m 13s | $155K | $299K | 10x |
| Short | Orderly PERP_1000SHIB_USDC | 0.000006003 | 0.0100 | get 0.0100% / 8h | 7h 49m | $6K | $1K | 20x |
Lighter 1000SHIB
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
- $1.67
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.21
- Spread needed to break even
- 0.060%
Slippage unknown: Lighter: live order book, 52 min ago; Orderly: 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 Lighter live order book, 52 min ago | 4.23 bp | 8.2 bp −$8 | 47.2 bp −$472 | 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.GMX0.000005000cheapest
Injective0.000005767+15.340%Gate0.000005994+19.880%KuCoin0.000005996+19.920%Reya0.000005996+19.923%MEXC0.000005997+19.940%HTX0.000005998+19.960%BloFin0.000005998+19.960%Extended0.000005999+19.974%BingX0.000005999+19.980%Phemex0.000006000+20.000%gTrade (Gains Network)0.000006000+20.002%Aster0.000006000+20.003%Kraken Futures0.000006002+20.038%
GMX
Injective
Gate
KuCoin
Reya
MEXC
HTX
BloFin
Extended
BingX
Phemex
gTrade (Gains Network)
Aster
Kraken FuturesLighter0.000006002+20.040%
Pacifica0.000006002+20.040%Kalshi0.000006002+20.050%dYdX0.000006003+20.060%Bitget0.000006003+20.060%
Pacifica
dYdX
BitgetOrderly0.000006003+20.060%
Deribit0.000006003+20.060%Binance0.000006003+20.069%OKX0.000006005+20.100%Paradex0.000006006+20.120%Backpack0.000006007+20.140%Hyperliquid0.000006008+20.160%SunX0.000006010+20.200%SoDEX0.000006011+20.220%Coinbase International0.000006018+20.360%
Deribit
Binance
OKX
Paradex
Backpack
Hyperliquid
SunX
SoDEX
Coinbase InternationalSHIB 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] | −16.694% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −3.915% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| Gate SHIB_USDT | −0.133% | −0.0412% | 8h | $6.8M | $4.8M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.100% | +0.0100% | 8h | $4.8M | $2.4M | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.098% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| MEXC SHIB_USDT | −0.083% | +0.0100% | 8h | $31.5M | $13.2M | 300x | as long as short |
| HTX SHIB-USDT | −0.067% | +0.0100% | 8h | $402K | $816K | 75x | as long as short |
| BloFin SHIB-USDT | −0.067% | +0.0220% | 8h | $766K | $897K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.055% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| BingX 1000SHIB-USDC | −0.050% | +0.0080% | 8h | — | $1.6M | — | as long as short |