After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.174%7d average+0.090%fees + slippage, in and out−$37spread needed0.373%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHIB-USDT-SWAP | 0.000005740 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $7.5M | $17.9M | 50x |
| Short | Hyperliquid kSHIB | 0.000005750 | 0.0100 | get 0.0013% / 1h | 38m 20s | $3.3M | $1.4M | 10x |
OKX SHIB-USDT-SWAP
Hyperliquid kSHIBPrice 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
- $17.42
- Funding while held
- $0
- Slippage, 4 orders
- −$18.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$19.92
- Spread needed to break even
- 0.373%
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 4 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 OKX live order book, 2 min ago | 0.87 bp | 9.6 bp −$10 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.87 bp | 6.4 bp −$6 | 12.2 bp −$122 | 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%BloFin0.000005723+14.460%SoDEX0.000005728+14.560%Coinbase International0.000005728+14.560%Deribit0.000005731+14.620%Kalshi0.000005732+14.640%HTX0.000005734+14.680%Backpack0.000005736+14.720%Extended0.000005737+14.746%dYdX0.000005738+14.755%Pacifica0.000005738+14.760%Kraken Futures0.000005739+14.774%Lighter0.000005739+14.780%Aster0.000005739+14.787%
GMX
Injective
BloFin
SoDEX
Coinbase International
Deribit
HTX
Backpack
Extended
dYdX
Pacifica
Kraken Futures
Lighter
AsterOKX0.000005740+14.800%
Gate0.000005740+14.800%BingX0.000005740+14.800%SunX0.000005740+14.800%Phemex0.000005740+14.800%gTrade (Gains Network)0.000005740+14.806%MEXC0.000005741+14.820%KuCoin0.000005741+14.820%Reya0.000005741+14.821%Orderly0.000005742+14.840%Paradex0.000005743+14.856%Binance0.000005743+14.860%Bitget0.000005743+14.860%
Gate
BingX
SunX
Phemex
gTrade (Gains Network)
MEXC
KuCoin
Reya
Orderly
Paradex
Binance
BitgetHyperliquid0.000005750+15.000%
SHIB 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] | −12.892% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.652% | +0.0033% | 1h | $224 | $92K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.296% | +0.0220% | 8h | $722K | $736K | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.209% | +0.0100% | 1h | $518 | $6K | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.209% | +0.0048% | 1h | $90K | $907K | 50x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.157% | 0.0000% | 1h | $45K | $52K | 25x | as long as short |
| Kalshi KXKSHIBPERP | −0.139% | 0.0000% | 8h | $288K | $837K | 2x | as long as short |
| HTX SHIB-USDT | −0.105% | +0.0100% | 8h | $389K | $709K | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.070% | +0.0100% | 1h | $24K | $3K | 15x | as long as short |
| Extended 1000SHIB-USD | −0.047% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX SHIB-USD | −0.039% | 0.0000% | 1h | $33K | $54K | 10x | as long as short |
| Pacifica kSHIB | −0.035% | +0.0100% | 1h | $11K | $2K | 10x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.023% | +0.0174% | 1h | $1.1M | $591K | 50x | as long as short |
| Lighter 1000SHIB | −0.017% | +0.0096% | 1h | $154K | $180K | 10x | as long as short |
| Aster 1000SHIBUSDT | −0.011% | +0.0100% | 8h | $44K | $154K | 50x | as long as short |
| OKX SHIB-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $7.5M | $17.9M | 50x | |
| Gate SHIB_USDT | 0.000% | +0.0080% | 8h | $6.4M | $3.6M | 75x | as long as short |
| BingX 1000SHIB-USDT | 0.000% | +0.0080% | 8h | — | $2.1M | — | as long as short |
| SunX SHIB-USDT | 0.000% | +0.0100% | 8h | $2K | $15K | 20x | as long as short |
| Phemex u1000SHIBUSDT | 0.000% | +0.0100% | 8h | $2.1M | $3.9M | 50x | as long as short |
| gTrade (Gains Network) SHIB/USD | +0.005% | L +0.0006% / S −0.0001% | 1h | $698 | — | 150x | as long as short |
| MEXC SHIB_USDT | +0.017% | +0.0100% | 8h | $19.8M | $7.8M | 300x | as long as short |
| KuCoin SHIBUSDTM | +0.017% | +0.0100% | 8h | $4.5M | $1.8M | 75x | as long as short |
| Reya kSHIBRUSDPERP | +0.018% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Orderly PERP_1000SHIB_USDC | +0.035% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
| Paradex kSHIB-USD-PERP | +0.049% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| Binance 1000SHIBUSDT | +0.052% | +0.0100% | 8h | $27.7M | $52.7M | 75x | as long as short |
| Bitget SHIBUSDT | +0.052% | +0.0100% | 8h | $11.1M | $8.4M | 75x | as long as short |
| Hyperliquid kSHIBshort | +0.174% | +0.0100% | 1h | $3.3M | $1.4M | 10x |