After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.017%7d average+0.043%fees + slippage, in and out−$40spread needed0.403%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SHIB_USDT | 0.000005761 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $20.1M | $8.3M | 300x |
| Short | Phemex u1000SHIBUSDT | 0.000005760 | 0.0100 | get 0.0100% / 8h | 1h 30m | $2.1M | $4.1M | 50x |
MEXC SHIB_USDT
Phemex u1000SHIBUSDTPrice 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
- −$1.74
- Funding while held
- $0
- Slippage, 4 orders
- −$28.28
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$42.01
- Spread needed to break even
- 0.403%
Slippage from MEXC: live order book, 5 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 0.87 bp | 4.9 bp −$5 | 9.1 bp −$91 | 51.2 bp −$5,125 | 85.1 bp −$42.5K |
| Sell Phemex live order book, 5 min ago | 2.61 bp | 14.9 bp −$15 | 47.2 bp −$472 | 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%Kalshi0.000005756+15.118%OKX0.000005757+15.140%Extended0.000005757+15.147%Gate0.000005758+15.160%Bitget0.000005758+15.160%HTX0.000005758+15.160%Kraken Futures0.000005760+15.193%KuCoin0.000005760+15.200%Lighter0.000005760+15.200%BingX0.000005760+15.200%
GMX
Injective
OKX
Extended
Gate
Bitget
HTX
Kraken Futures
KuCoin
Lighter
BingXPhemex0.000005760+15.200%
Backpack0.000005761+15.220%Deribit0.000005761+15.220%
Backpack
DeribitMEXC0.000005761+15.220%
Reya0.000005762+15.237%Binance0.000005762+15.240%Orderly0.000005762+15.240%SoDEX0.000005762+15.240%gTrade (Gains Network)0.000005763+15.258%Aster0.000005763+15.263%dYdX0.000005766+15.312%Hyperliquid0.000005767+15.340%SunX0.000005768+15.360%Paradex0.000005769+15.375%BloFin0.000005769+15.380%Pacifica0.000005771+15.420%Coinbase International0.000005772+15.440%
Reya
Binance
Orderly
SoDEX
gTrade (Gains Network)
Aster
dYdX
Hyperliquid
SunX
Paradex
BloFin
Pacifica
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] | −13.210% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.999% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Kalshi KXKSHIBPERP | −0.089% | 0.0000% | 8h | $294K | $922K | 2x | as long as short |
| OKX SHIB-USDT-SWAP | −0.069% | +0.0100% | 8h | $7.5M | $18.7M | 50x | as long as short |
| Extended 1000SHIB-USD | −0.064% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| Gate SHIB_USDT | −0.052% | +0.0075% | 8h | $6.5M | $3.8M | 75x | as long as short |
| Bitget SHIBUSDT | −0.052% | +0.0100% | 8h | $10.9M | $8.7M | 75x | as long as short |
| HTX SHIB-USDT | −0.052% | +0.0100% | 8h | $392K | $724K | 75x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.023% | +0.0341% | 1h | $1.1M | $587K | 50x | as long as short |
| KuCoin SHIBUSDTM | −0.017% | +0.0100% | 8h | $4.6M | $1.9M | 75x | as long as short |