Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average—if it closes, per $10,000$3funding 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 | 0.000005942 | 0.0100 | pay 0.0100% / 8h | 5h 09m | $6K | $1K | 20x |
| Short | Paradex kSHIB-USD-PERP | 0.000005940 | 0.0100 | get 0.0100% / 8h | 5h 09m | $7K | — | 20x |
Orderly PERP_1000SHIB_USDC
Paradex kSHIB-USD-PERPPrice 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
- −$2.74
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$12.74
- Spread needed to break even
- 0.100%
Slippage unknown: Orderly: no order-book sample; Paradex: no order-book sample. 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 Paradex no order-book sample | — | — | — | — | — |
Orderly and Paradex: 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%BloFin0.000005924+18.480%HTX0.000005932+18.640%Phemex0.000005933+18.660%Kraken Futures0.000005935+18.697%OKX0.000005936+18.720%SoDEX0.000005936+18.720%Deribit0.000005936+18.720%Backpack0.000005937+18.740%Kalshi0.000005938+18.750%dYdX0.000005938+18.765%Lighter0.000005939+18.780%Extended0.000005940+18.797%MEXC0.000005940+18.800%KuCoin0.000005940+18.800%BingX0.000005940+18.800%
GMX
Injective
BloFin
HTX
Phemex
Kraken Futures
OKX
SoDEX
Deribit
Backpack
dYdX
Lighter
Extended
MEXC
KuCoin
BingXParadex0.000005940+18.807%
Pacifica0.000005941+18.820%Gate0.000005941+18.820%Aster0.000005941+18.829%
Pacifica
Gate
AsterOrderly0.000005942+18.840%
gTrade (Gains Network)0.000005943+18.858%Bitget0.000005943+18.860%Reya0.000005943+18.870%Binance0.000005944+18.887%SunX0.000005945+18.900%Hyperliquid0.000005954+19.080%Coinbase International0.000005957+19.140%
gTrade (Gains Network)
Bitget
Reya
Binance
SunX
Hyperliquid
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] | −15.853% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.945% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| BloFin SHIB-USDT | −0.303% | +0.0220% | 8h | $735K | $982K | 50x | as long as short |
| HTX SHIB-USDT | −0.168% | +0.0100% | 8h | $400K | $647K | 75x | as long as short |
| Phemex u1000SHIBUSDT | −0.151% | +0.0100% | 8h | $2.1M | $5.0M | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.120% | +0.0011% | 1h | $1.1M | $731K | 50x | as long as short |
| OKX SHIB-USDT-SWAP | −0.101% | +0.0100% | 8h | $7.7M | $27.2M | 50x | as long as short |
| SoDEX 1000SHIB-USD | −0.101% | +0.0100% | 1h | $576 | $5K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.101% | +0.0087% | 1h | $42K | $64K | 25x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.084% | +0.0017% | 1h | $27K | $4K | 15x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXKSHIBPERP | −0.076% | 0.0000% | 8h | $79K | $1.5M | 2x | as long as short |
| dYdX SHIB-USD | −0.063% | +0.2611% | 1h | $23K | $66K | 10x | as long as short |
| Lighter 1000SHIB | −0.050% | +0.0096% | 1h | $152K | $310K | 10x | as long as short |
| Extended 1000SHIB-USD | −0.036% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| MEXC SHIB_USDT | −0.034% | +0.0100% | 8h | $33.4M | $15.0M | 300x | as long as short |
| KuCoin SHIBUSDTM | −0.034% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| BingX 1000SHIB-USDT | −0.034% | +0.0039% | 8h | — | $2.1M | — | as long as short |
| Paradex kSHIB-USD-PERPshort | −0.027% | +0.0100% | 8h | $7K | — | 20x | |
| Pacifica kSHIB | −0.017% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| Gate SHIB_USDT | −0.017% | +0.0100% | 8h | $6.7M | $5.4M | 75x | as long as short |
| Aster 1000SHIBUSDT | −0.009% | +0.0100% | 8h | $38K | $161K | 50x | as long as short |
| Orderly PERP_1000SHIB_USDClong | 0.000% | +0.0100% | 8h | $6K | $1K | 20x | |
| gTrade (Gains Network) SHIB/USD | +0.015% | L +0.0006% / S −0.0001% | 1h | $723 | — | 150x | as long as short |
| Bitget SHIBUSDT | +0.017% | +0.0100% | 8h | $11.4M | $12.0M | 75x | as long as short |
| Reya kSHIBRUSDPERP | +0.025% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Binance 1000SHIBUSDT | +0.040% | +0.0100% | 8h | $29.1M | $83.3M | 75x | as long as short |
| SunX SHIB-USDT | +0.050% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Hyperliquid kSHIB | +0.202% | +0.0571% | 1h | $4.3M | $3.7M | 10x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.252% | +0.0016% | 1h | $88K | $836K | 50x | as long as short |