Spread before costs (cost unknown: a leg has no order-book sample)−15.740%
7d average—if it closes, per $10,000$1574funding while held, a day+$69.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000005934 | 0.0100 | pay 0.0100% / 8h | 5h 11m | $33.4M | $15.0M | 300x |
| Short | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0213% / S −0.2404% | get 0.0300% / 1h | 11m 12s | $1K | — | 100x |
MEXC SHIB_USDT
GMX SHIB/USD [ETH-USDC]Price 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
- −$1,573.98
- Funding while held
- $69.11
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,516.87
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2304%
- Per $10,000 a day
- +$69.11
- 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 | 0.84 bp | 2.6 bp −$3 | 7.1 bp −$71 | 49.9 bp −$4,987 | 76.8 bp −$38.4K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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%BloFin0.000005924+18.480%Extended0.000005927+18.538%Gate0.000005929+18.580%KuCoin0.000005929+18.580%SoDEX0.000005929+18.580%Kraken Futures0.000005929+18.584%Reya0.000005929+18.585%OKX0.000005930+18.600%Orderly0.000005930+18.600%dYdX0.000005930+18.605%gTrade (Gains Network)0.000005931+18.610%Aster0.000005932+18.639%Lighter0.000005932+18.640%Deribit0.000005932+18.640%HTX0.000005932+18.640%Pacifica0.000005933+18.660%Phemex0.000005933+18.660%Binance0.000005933+18.666%Kalshi0.000005934+18.676%
Injective
BloFin
Extended
Gate
KuCoin
SoDEX
Kraken Futures
Reya
OKX
Orderly
dYdX
gTrade (Gains Network)
Aster
Lighter
Deribit
HTX
Pacifica
Phemex
BinanceMEXC0.000005934+18.680%
BingX0.000005934+18.680%Bitget0.000005935+18.700%Backpack0.000005936+18.720%Paradex0.000005938+18.767%SunX0.000005941+18.820%Hyperliquid0.000005944+18.880%Coinbase International0.000005957+19.140%
BingX
Bitget
Backpack
Paradex
SunX
Hyperliquid
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]short | −15.740% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | −2.814% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.169% | +0.0220% | 8h | $735K | $982K | 50x | as long as short |
| Extended 1000SHIB-USD | −0.120% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| Gate SHIB_USDT | −0.084% | +0.0100% | 8h | $6.7M | $5.4M | 75x | as long as short |
| KuCoin SHIBUSDTM | −0.084% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.084% | +0.0100% | 1h | $571 | $5K | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.081% | +0.0011% | 1h | $1.1M | $731K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.080% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| OKX SHIB-USDT-SWAP | −0.067% | +0.0100% | 8h | $7.7M | $27.2M | 50x | as long as short |