After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.252%7d average+0.038%fees + slippage, in and out−$52spread needed0.523%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000SHIB | 0.000005945 | 0.0096 | pay 0.0012% / 1h | 52m 24s | $152K | $303K | 10x |
| Short | Phemex u1000SHIBUSDT | 0.000005930 | 0.0100 | get 0.0100% / 8h | 6h 52m | $2.1M | $4.7M | 50x |
Lighter 1000SHIB
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
- −$25.23
- Funding while held
- $0.12
- Slippage, 4 orders
- −$40.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$77.42
- Spread needed to break even
- 0.523%
Slippage from Lighter: live order book, 43 min ago; Phemex: live order book, 3 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, 43 min ago | 0.85 bp | 4.4 bp −$4 | 46.2 bp −$462 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 7.61 bp | 16.9 bp −$17 | 51.3 bp −$513 | 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%Coinbase International0.000005923+18.460%Kalshi0.000005930+18.598%
GMX
Injective
Coinbase InternationalPhemex0.000005930+18.600%
BloFin0.000005930+18.600%HTX0.000005933+18.660%Backpack0.000005939+18.780%dYdX0.000005944+18.872%
BloFin
HTX
Backpack
dYdXLighter0.000005945+18.900%
OKX0.000005945+18.900%Extended0.000005946+18.924%Pacifica0.000005947+18.940%Bitget0.000005948+18.960%Gate0.000005949+18.980%SoDEX0.000005949+18.980%Aster0.000005950+18.992%BingX0.000005950+19.000%Orderly0.000005951+19.020%MEXC0.000005952+19.040%gTrade (Gains Network)0.000005952+19.040%Deribit0.000005952+19.040%Binance0.000005953+19.060%Reya0.000005954+19.071%KuCoin0.000005954+19.080%Kraken Futures0.000005955+19.092%Paradex0.000005955+19.103%SunX0.000005957+19.140%Hyperliquid0.000005963+19.260%
OKX
Extended
Pacifica
Bitget
Gate
SoDEX
Aster
BingX
Orderly
MEXC
gTrade (Gains Network)
Deribit
Binance
Reya
KuCoin
Kraken Futures
Paradex
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] | −15.896% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.994% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.370% | −0.0048% | 1h | $87K | $803K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.254% | 0.0000% | 8h | $102K | $1.6M | 2x | as long as short |
| Phemex u1000SHIBUSDTshort | −0.252% | +0.0100% | 8h | $2.1M | $4.7M | 50x | |
| BloFin SHIB-USDT | −0.252% | +0.0220% | 8h | $739K | $918K | 50x | as long as short |
| HTX SHIB-USDT | −0.202% | +0.0100% | 8h | $397K | $721K | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.101% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| dYdX SHIB-USD | −0.024% | +0.5304% | 1h | $23K | $66K | 10x | as long as short |
| Lighter 1000SHIBlong | 0.000% | +0.0096% | 1h | $152K | $303K | 10x |