Spread before costs (cost unknown: a leg has no order-book sample)+0.105%
7d average—if it closes, per $10,000$11funding while held, a day+$5.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000005709 | 0.0100 | pay 0.0100% / 8h | 1h 40m | $19.5M | $8.2M | 300x |
| Short | Deribit 1000SHIB_USDC-PERPETUAL | 0.000005715 | 0.0275 | get 0.0034% / 1h | 40m 57s | $45K | $52K | 25x |
MEXC SHIB_USDT
Deribit 1000SHIB_USDC-PERPETUALPrice 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
- $10.51
- Funding while held
- $5.26
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $8.77
- Spread needed to break even
- 0.070%
Slippage unknown: MEXC: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0175%
- Per $10,000 a day
- +$5.26
- 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 MEXC live order book, 4 min ago | 0.88 bp | 5.3 bp −$5 | 9.7 bp −$97 | 51.0 bp −$5,099 | 82.6 bp −$41.3K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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
Injective0.000005473+9.460%Coinbase International0.000005695+13.900%Gate0.000005705+14.100%Paradex0.000005705+14.107%Extended0.000005706+14.122%HTX0.000005707+14.140%Reya0.000005708+14.167%OKX0.000005709+14.180%
GMX
Injective
Coinbase International
Gate
Paradex
Extended
HTX
Reya
OKXMEXC0.000005709+14.180%
KuCoin0.000005709+14.180%Kalshi0.000005709+14.180%BloFin0.000005709+14.180%dYdX0.000005710+14.191%Pacifica0.000005710+14.200%BingX0.000005710+14.200%Bitget0.000005710+14.200%gTrade (Gains Network)0.000005711+14.218%Backpack0.000005711+14.220%Phemex0.000005711+14.220%Aster0.000005712+14.238%Lighter0.000005712+14.240%Binance0.000005712+14.240%SoDEX0.000005712+14.240%Orderly0.000005713+14.260%Kraken Futures0.000005714+14.273%
KuCoin
BloFin
dYdX
Pacifica
BingX
Bitget
gTrade (Gains Network)
Backpack
Phemex
Aster
Lighter
Binance
SoDEX
Orderly
Kraken FuturesDeribit0.000005715+14.300%
Hyperliquid0.000005718+14.360%SunX0.000005722+14.440%
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] | −12.419% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.134% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.245% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| Gate SHIB_USDT | −0.070% | +0.0079% | 8h | $6.4M | $3.7M | 75x | as long as short |
| Paradex kSHIB-USD-PERP | −0.064% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| Extended 1000SHIB-USD | −0.051% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| HTX SHIB-USDT | −0.035% | +0.0100% | 8h | $388K | $716K | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.012% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | 0.000% | +0.0100% | 8h | $7.4M | $18.4M | 50x | as long as short |
| MEXC SHIB_USDTlong | 0.000% | +0.0100% | 8h | $19.5M | $8.2M | 300x |