Spread before costs (cost unknown: a leg has no order-book sample)−3.982%
7d average—if it closes, per $10,000$398funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000005700 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $19.6M | $7.9M | 300x |
| Short | Injective SHIB/USDC PERP | 0.000005473 | 0.0033 | get 0.0004% / 1h | 31m 16s | $224 | $92K | 5.5x |
MEXC SHIB_USDT
Injective SHIB/USDC PERPPrice 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
- −$398.25
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$400.27
- Spread needed to break even
- 0.000%
Slippage unknown: MEXC: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 | 0.87 bp | 3.7 bp −$4 | 9.4 bp −$94 | 50.8 bp −$5,075 | 76.9 bp −$38.5K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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
GMXInjective0.000005473+9.460%
OKX0.000005699+13.980%
OKXMEXC0.000005700+14.000%
Gate0.000005701+14.020%Phemex0.000005701+14.020%Extended0.000005702+14.036%Orderly0.000005702+14.040%Reya0.000005702+14.048%BloFin0.000005703+14.060%Lighter0.000005704+14.080%KuCoin0.000005704+14.080%Bitget0.000005704+14.080%BingX0.000005704+14.080%Aster0.000005704+14.081%gTrade (Gains Network)0.000005704+14.086%Binance0.000005705+14.096%Backpack0.000005705+14.100%SoDEX0.000005705+14.100%Kalshi0.000005705+14.110%HTX0.000005707+14.140%Deribit0.000005707+14.140%Kraken Futures0.000005708+14.152%Paradex0.000005708+14.154%dYdX0.000005712+14.237%Coinbase International0.000005712+14.240%Hyperliquid0.000005713+14.260%Pacifica0.000005713+14.260%SunX0.000005715+14.300%
Gate
Phemex
Extended
Orderly
Reya
BloFin
Lighter
KuCoin
Bitget
BingX
Aster
gTrade (Gains Network)
Binance
Backpack
SoDEX
HTX
Deribit
Kraken Futures
Paradex
dYdX
Coinbase International
Hyperliquid
Pacifica
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] | −12.281% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPshort | −3.982% | +0.0033% | 1h | $224 | $92K | 5.5x | |
| OKX SHIB-USDT-SWAP | −0.018% | +0.0100% | 8h | $7.5M | $17.9M | 50x | as long as short |
| MEXC SHIB_USDTlong | 0.000% | +0.0100% | 8h | $19.6M | $7.9M | 300x | |
| Gate SHIB_USDT | +0.018% | +0.0075% | 8h | $6.4M | $3.6M | 75x | as long as short |
| Phemex u1000SHIBUSDT | +0.018% | +0.0100% | 8h | $2.1M | $3.9M | 50x | as long as short |
| Extended 1000SHIB-USD | +0.031% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.035% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Reya kSHIBRUSDPERP | +0.042% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| BloFin SHIB-USDT | +0.053% | +0.0220% | 8h | $721K | $736K | 50x | as long as short |