After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.132%7d average−0.022%fees + slippage, in and out−$43spread needed0.426%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SHIB-USDT-SWAP | 0.000005744 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $7.5M | $18.6M | 50x |
| Short | Kalshi KXKSHIBPERP | 0.000005736 | 0 | get 0.0000% / 8h | 5h 35m | $292K | $922K | 2x |
OKX SHIB-USDT-SWAPPrice 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
- −$13.23
- Funding while held
- −$3
- Slippage, 4 orders
- −$22.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$58.87
- Spread needed to break even
- 0.426%
Slippage from OKX: live order book, 4 min ago; Kalshi: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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, 4 min ago | 0.88 bp | 9.4 bp −$9 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 19 min ago | 5.62 bp | 13.3 bp −$13 | 22.9 bp −$229 | 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%Coinbase International0.000005695+13.900%BloFin0.000005723+14.460%HTX0.000005735+14.700%Reya0.000005736+14.712%Pacifica0.000005736+14.720%Paradex0.000005737+14.731%gTrade (Gains Network)0.000005737+14.734%Orderly0.000005738+14.760%SoDEX0.000005738+14.760%Kraken Futures0.000005739+14.774%Extended0.000005739+14.779%MEXC0.000005739+14.780%Deribit0.000005739+14.780%Phemex0.000005740+14.800%Gate0.000005741+14.820%Backpack0.000005741+14.820%KuCoin0.000005742+14.840%dYdX0.000005743+14.852%
GMX
Injective
Coinbase International
BloFin
HTX
Reya
Pacifica
Paradex
gTrade (Gains Network)
Orderly
SoDEX
Kraken Futures
Extended
MEXC
Deribit
Phemex
Gate
Backpack
KuCoin
dYdXOKX0.000005744+14.880%
Aster0.000005745+14.890%Lighter0.000005746+14.920%Binance0.000005747+14.940%BingX0.000005747+14.940%Bitget0.000005748+14.960%SunX0.000005748+14.960%Hyperliquid0.000005754+15.080%
Aster
Lighter
Binance
BingX
Bitget
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] | −12.953% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −4.718% | +0.0033% | 1h | $224 | $74K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.853% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| BloFin SHIB-USDT | −0.366% | +0.0220% | 8h | $712K | $778K | 50x | as long as short |
| HTX SHIB-USDT | −0.157% | +0.0100% | 8h | $390K | $716K | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.146% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Pacifica kSHIB | −0.139% | +0.0100% | 1h | $11K | $2K | 10x | as long as short |
| Kalshi KXKSHIBPERPshort | −0.132% | 0.0000% | 8h | $292K | $922K | 2x | |
| Paradex kSHIB-USD-PERP | −0.130% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.127% | L +0.0006% / S −0.0001% | 1h | $698 | — | 150x | as long as short |