SHIB

Alert

After costs, if the gap returns to its 7d average, $10k−$24

spread now+0.122%7d average+0.084%fees + slippage, in and out−$28spread needed0.282%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SHIB_USDT	0.000005735	0.0100	pay 0.0100% / 8h	3h 32m	$19.8M	$7.8M	300x
Short	Hyperliquid kSHIB	0.000005742	0.0100	get 0.0013% / 1h	32m 39s	$3.1M	$1.2M	10x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee MEXCbpFee HyperliquidbpOrdersClose when spread is

Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 10 min ago.

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, 2 min ago	0.87 bp	3.5 bp −$3	9.0 bp −$90	51.2 bp −$5,118	83.3 bp −$41.7K
Sell Hyperliquid live order book, 10 min ago	0.87 bp	12.5 bp −$12	doesn't fit	doesn't fit	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
GMX SHIB/USD [ETH-USDC]	−12.816%	L +0.0215% / S −0.2404%	1h	$1K	—	100x	as long as short
Injective SHIB/USDC PERP	−4.568%	+0.0033%	1h	$224	$92K	5.5x	as long as short
BloFin SHIB-USDT	−0.087%	+0.0220%	8h	$716K	$737K	50x	as long as short
Gate SHIB_USDT	−0.070%	+0.0100%	8h	$6.4M	$3.5M	75x	as long as short
Phemex u1000SHIBUSDT	−0.070%	+0.0100%	8h	$2.1M	$3.8M	50x	as long as short
OKX SHIB-USDT-SWAP	−0.052%	+0.0100%	8h	$7.4M	$17.3M	50x	as long as short
HTX SHIB-USDT	−0.052%	+0.0100%	8h	$389K	$700K	75x	as long as short
Extended 1000SHIB-USD	−0.050%	+0.0104%	1h	$51K	$6K	25x	as long as short
Reya kSHIBRUSDPERP	−0.020%	+0.0323%	1h	$1	—	20x	as long as short
Kraken Futures PF_SHIBUSD	−0.017%	+0.0157%	1h	$1.1M	$561K	50x	as long as short

Show all 29 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) SHIB/USD	−0.009%	L +0.0006% / S −0.0001%	1h	$697	—	150x	as long as short
dYdX SHIB-USD	−0.001%	0.0000%	1h	$33K	$54K	10x	as long as short
Aster 1000SHIBUSDT	−0.001%	+0.0100%	8h	$34K	$143K	50x	as long as short
BingX 1000SHIB-USDC	0.000%	+0.0080%	8h	—	$1.6M	—	as long as short
Orderly PERP_1000SHIB_USDC	0.000%	+0.0100%	8h	$6K	$1K	20x	as long as short
MEXC SHIB_USDTlong	0.000%	+0.0100%	8h	$19.8M	$7.8M	300x
Bitget SHIBUSDT	+0.017%	+0.0100%	8h	$10.8M	$8.0M	75x	as long as short
Backpack kSHIB_USDC_PERP	+0.017%	+0.0100%	1h	$24K	$3K	15x	as long as short
SoDEX 1000SHIB-USD	+0.017%	+0.0100%	1h	$517	$6K	10x	as long as short
Kalshi KXKSHIBPERP	+0.030%	0.0000%	8h	$298K	$796K	2x	as long as short
Lighter 1000SHIB	+0.035%	+0.0096%	1h	$156K	$175K	10x	as long as short
KuCoin SHIBUSDTM	+0.035%	+0.0100%	8h	$4.6M	$1.8M	75x	as long as short
Deribit 1000SHIB_USDC-PERPETUAL	+0.035%	+0.0273%	1h	$45K	$52K	25x	as long as short
Coinbase International 1000SHIB-PERP-INTX	+0.035%	+0.0048%	1h	$91K	$895K	50x	as long as short
Paradex kSHIB-USD-PERP	+0.036%	+0.0100%	8h	$7K	—	20x	as long as short
Pacifica kSHIB	+0.052%	+0.0100%	1h	$11K	$2K	10x	as long as short
Binance 1000SHIBUSDT	+0.065%	+0.0100%	8h	$28.3M	$50.1M	75x	as long as short
Hyperliquid kSHIBshort	+0.122%	+0.0100%	1h	$3.1M	$1.2M	10x
SunX SHIB-USDT	+0.209%	+0.0100%	8h	$2K	$15K	20x	as long as short