After costs, if the gap returns to its 7d average, $10k−$62
spread now−0.116%7d average+0.022%fees + slippage, in and out−$48spread needed0.477%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHIB-USDT-SWAP | 0.000006025 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $8.0M | $25.9M | 50x |
| Short | Coinbase International 1000SHIB-PERP-INTX | 0.000006018 | −0.0072 | pay 0.0009% / 1h | 48m 30s | $98K | $873K | 50x |
OKX SHIB-USDT-SWAP
Coinbase International 1000SHIB-PERP-INTXPrice 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
- −$11.62
- Funding while held
- −$5.16
- Slippage, 4 orders
- −$27.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$64.5
- Spread needed to break even
- 0.477%
Slippage from OKX: live order book, 1 min ago; Coinbase International: live order book, 41 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0172%
- Per $10,000 a day
- −$5.16
- 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 OKX live order book, 1 min ago | 0.83 bp | 10.6 bp −$11 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 41 min ago | 8.54 bp | 13.5 bp −$14 | 19.2 bp −$192 | doesn't fit | doesn't fit |
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%HTX0.000005998+19.960%BloFin0.000005998+19.960%Phemex0.000006000+20.000%Kraken Futures0.000006002+20.038%Kalshi0.000006002+20.050%Orderly0.000006003+20.060%Deribit0.000006003+20.060%Backpack0.000006004+20.080%Aster0.000006009+20.180%SunX0.000006010+20.200%Gate0.000006011+20.220%SoDEX0.000006011+20.220%Paradex0.000006016+20.317%Lighter0.000006016+20.320%Extended0.000006017+20.339%Pacifica0.000006018+20.360%
GMX
Injective
HTX
BloFin
Phemex
Kraken Futures
Orderly
Deribit
Backpack
Aster
SunX
Gate
SoDEX
Paradex
Lighter
Extended
PacificaCoinbase International0.000006018+20.360%
BingX0.000006019+20.380%dYdX0.000006021+20.420%
BingX
dYdXOKX0.000006025+20.500%
Binance0.000006025+20.502%Reya0.000006026+20.517%MEXC0.000006026+20.520%gTrade (Gains Network)0.000006027+20.540%KuCoin0.000006028+20.560%Bitget0.000006030+20.600%Hyperliquid0.000006034+20.680%
Binance
Reya
MEXC
gTrade (Gains Network)
KuCoin
Bitget
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] | −17.012% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.282% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| HTX SHIB-USDT | −0.448% | +0.0100% | 8h | $402K | $816K | 75x | as long as short |
| BloFin SHIB-USDT | −0.448% | +0.0220% | 8h | $766K | $897K | 50x | as long as short |
| Phemex u1000SHIBUSDT | −0.415% | +0.0160% | 8h | $2.1M | $4.5M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.383% | −0.0323% | 1h | $1.1M | $766K | 50x | as long as short |
| Kalshi KXKSHIBPERP | −0.373% | 0.0000% | 8h | $92K | $1.5M | 2x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.365% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.365% | 0.0000% | 1h | $37K | $59K | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.349% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster 1000SHIBUSDT | −0.266% | +0.0100% | 8h | $40K | $180K | 50x | as long as short |
| SunX SHIB-USDT | −0.249% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Gate SHIB_USDT | −0.232% | −0.0260% | 8h | $6.8M | $4.8M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.232% | +0.0100% | 1h | $553 | $5K | 10x | as long as short |
| Paradex kSHIB-USD-PERP | −0.152% | +0.0096% | 8h | $7K | — | 20x | as long as short |
| Lighter 1000SHIB | −0.149% | +0.0096% | 1h | $156K | $299K | 10x | as long as short |
| Extended 1000SHIB-USD | −0.134% | +0.0104% | 1h | $53K | $6K | 25x | as long as short |
| Pacifica kSHIB | −0.116% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTXshort | −0.116% | −0.0072% | 1h | $98K | $873K | 50x | |
| BingX 1000SHIB-USDC | −0.100% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| dYdX SHIB-USD | −0.066% | +0.2564% | 1h | $23K | $66K | 10x | as long as short |
| OKX SHIB-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $8.0M | $25.9M | 50x | |
| Binance 1000SHIBUSDT | +0.002% | +0.0100% | 8h | $29.5M | $77.1M | 75x | as long as short |
| Reya kSHIBRUSDPERP | +0.014% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| MEXC SHIB_USDT | +0.017% | +0.0100% | 8h | $31.6M | $13.2M | 300x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.033% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| KuCoin SHIBUSDTM | +0.050% | +0.0100% | 8h | $4.8M | $2.4M | 75x | as long as short |
| Bitget SHIBUSDT | +0.083% | +0.0100% | 8h | $11.6M | $11.3M | 75x | as long as short |
| Hyperliquid kSHIB | +0.149% | +0.0271% | 1h | $3.7M | $2.9M | 10x | as long as short |