Spread before costs (cost unknown: a leg has no order-book sample)−0.219%
7d average—if it closes, per $10,000$22funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000SHIB_USDC | 0.000005923 | 0.0100 | pay 0.0100% / 8h | 6h 12m | $6K | $1K | 20x |
| Short | OKX SHIB-USDT-SWAP | 0.000005910 | 0.0100 | get 0.0100% / 8h | 6h 12m | $7.8M | $26.0M | 50x |
Orderly PERP_1000SHIB_USDC
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
- −$21.95
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.95
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 3 min ago | 0.84 bp | 10.4 bp −$10 | 22.1 bp −$221 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SHIB price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapest
Injective0.000005767+15.340%
GMX
InjectiveOKX0.000005910+18.200%
Binance0.000005915+18.300%Reya0.000005916+18.322%Aster0.000005916+18.325%Gate0.000005917+18.340%BingX0.000005917+18.340%MEXC0.000005918+18.360%KuCoin0.000005920+18.400%gTrade (Gains Network)0.000005920+18.400%HTX0.000005920+18.400%Phemex0.000005920+18.400%Extended0.000005921+18.414%Bitget0.000005921+18.420%Backpack0.000005922+18.440%BloFin0.000005922+18.440%Lighter0.000005923+18.460%
Binance
Reya
Aster
Gate
BingX
MEXC
KuCoin
gTrade (Gains Network)
HTX
Phemex
Extended
Bitget
Backpack
BloFin
LighterOrderly0.000005923+18.460%
Deribit0.000005923+18.460%Kalshi0.000005924+18.488%SoDEX0.000005925+18.500%Kraken Futures0.000005927+18.535%dYdX0.000005927+18.549%Pacifica0.000005928+18.560%Paradex0.000005929+18.576%SunX0.000005929+18.580%Coinbase International0.000005929+18.580%Hyperliquid0.000005930+18.600%
Deribit
SoDEX
Kraken Futures
dYdX
Pacifica
Paradex
SunX
Coinbase International
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] | −15.583% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.634% | +0.0033% | 1h | $236 | $53K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAPshort | −0.219% | +0.0100% | 8h | $7.8M | $26.0M | 50x | |
| Binance 1000SHIBUSDT | −0.135% | +0.0100% | 8h | $28.5M | $79.7M | 75x | as long as short |
| Reya kSHIBRUSDPERP | −0.116% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Aster 1000SHIBUSDT | −0.114% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| Gate SHIB_USDT | −0.101% | +0.0096% | 8h | $6.7M | $5.2M | 75x | as long as short |
| BingX 1000SHIB-USDT | −0.101% | −0.0023% | 8h | — | $2.1M | — | as long as short |
| MEXC SHIB_USDT | −0.084% | +0.0100% | 8h | $34.1M | $15.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | −0.051% | +0.0100% | 8h | $4.7M | $2.3M | 75x | as long as short |