After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.022%7d average−0.001%fees + slippage, in and out−$44spread needed0.440%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000005706 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $19.6M | $7.9M | 300x |
| Short | Kraken Futures PF_SHIBUSD | 0.000005705 | 0.0175 | get 0.0022% / 1h | 30m 10s | $1.1M | $590K | 50x |
MEXC SHIB_USDT
Kraken Futures PF_SHIBUSDPrice 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
- −$2.23
- Funding while held
- $2.25
- Slippage, 4 orders
- −$34.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$44.01
- Spread needed to break even
- 0.440%
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0075%
- Per $10,000 a day
- +$2.25
- 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, 5 min ago | 0.87 bp | 3.7 bp −$4 | 9.4 bp −$94 | 50.8 bp −$5,075 | 76.9 bp −$38.5K |
| Sell Kraken Futures live order book, 5 min ago | 2.62 bp | 12.8 bp −$13 | 24.4 bp −$244 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005473+9.460%HTX0.000005700+14.000%Extended0.000005700+14.004%Gate0.000005701+14.020%Phemex0.000005701+14.020%Lighter0.000005702+14.040%OKX0.000005702+14.040%Backpack0.000005702+14.040%gTrade (Gains Network)0.000005702+14.044%Binance0.000005703+14.056%BloFin0.000005703+14.060%Bitget0.000005704+14.080%Deribit0.000005704+14.080%
GMX
Injective
HTX
Extended
Gate
Phemex
Lighter
OKX
Backpack
gTrade (Gains Network)
Binance
BloFin
Bitget
DeribitKraken Futures0.000005705+14.095%
BingX0.000005705+14.100%Kalshi0.000005705+14.100%Orderly0.000005705+14.100%SoDEX0.000005705+14.100%Reya0.000005705+14.102%
BingX
Orderly
SoDEX
ReyaMEXC0.000005706+14.120%
Aster0.000005709+14.171%dYdX0.000005709+14.177%KuCoin0.000005709+14.180%Pacifica0.000005710+14.200%Coinbase International0.000005712+14.240%Paradex0.000005714+14.275%SunX0.000005714+14.280%Hyperliquid0.000005716+14.320%
Aster
dYdX
KuCoin
Pacifica
Coinbase International
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] | −12.373% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.083% | +0.0033% | 1h | $224 | $92K | 5.5x | as long as short |
| HTX SHIB-USDT | −0.105% | +0.0100% | 8h | $388K | $712K | 75x | as long as short |
| Extended 1000SHIB-USD | −0.101% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| Gate SHIB_USDT | −0.088% | +0.0078% | 8h | $6.4M | $3.6M | 75x | as long as short |
| Phemex u1000SHIBUSDT | −0.088% | +0.0100% | 8h | $2.1M | $3.9M | 50x | as long as short |
| Lighter 1000SHIB | −0.070% | +0.0096% | 1h | $153K | $180K | 10x | as long as short |
| OKX SHIB-USDT-SWAP | −0.070% | +0.0100% | 8h | $7.4M | $17.9M | 50x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.070% | +0.0100% | 1h | $24K | $3K | 15x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.067% | L +0.0006% / S −0.0001% | 1h | $693 | — | 150x | as long as short |