Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day−$0.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica kSHIB | 0.000005923 | 0.0100 | pay 0.0013% / 1h | 37m 21s | $11K | $4K | 10x |
| Short | Gate SHIB_USDT | 0.000005921 | 0.0098 | get 0.0098% / 8h | 6h 37m | $6.7M | $5.1M | 75x |
Price 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
- −$3.38
- Funding while held
- −$0.06
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$26.44
- Spread needed to break even
- 0.230%
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.06
- 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 0.85 bp | 12.5 bp −$13 | 30.2 bp −$302 | doesn't fit | doesn't fit |
Pacifica: 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.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] | −15.583% | L +0.0213% / 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-SWAP | −0.118% | +0.0100% | 8h | $7.8M | $26.2M | 50x | as long as short |
| BingX 1000SHIB-USDC | −0.118% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Aster 1000SHIBUSDT | −0.086% | +0.0100% | 8h | $40K | $161K | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.079% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.074% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Extended 1000SHIB-USD | −0.056% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| MEXC SHIB_USDT | −0.051% | +0.0100% | 8h | $33.6M | $14.6M | 300x | as long as short |
| Orderly PERP_1000SHIB_USDC | −0.051% | +0.0100% | 8h | $6K | $1K | 20x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit 1000SHIB_USDC-PERPETUAL | −0.051% | 0.0000% | 1h | $42K | $64K | 25x | as long as short |
| BloFin SHIB-USDT | −0.051% | +0.0220% | 8h | $747K | $919K | 50x | as long as short |
| Gate SHIB_USDTshort | −0.034% | +0.0098% | 8h | $6.7M | $5.1M | 75x | |
| KuCoin SHIBUSDTM | −0.034% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.034% | +0.0100% | 1h | $551 | $5K | 10x | as long as short |
| Binance 1000SHIBUSDT | −0.032% | +0.0100% | 8h | $28.8M | $79.3M | 75x | as long as short |
| Bitget SHIBUSDT | −0.017% | +0.0100% | 8h | $11.5M | $11.4M | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | −0.017% | +0.0100% | 1h | $27K | $4K | 15x | as long as short |
| Phemex u1000SHIBUSDT | −0.017% | +0.0100% | 8h | $2.1M | $4.7M | 50x | as long as short |
| dYdX SHIB-USD | 0.000% | +0.3488% | 1h | $23K | $66K | 10x | as long as short |
| Lighter 1000SHIB | 0.000% | +0.0096% | 1h | $151K | $305K | 10x | as long as short |
| Pacifica kSHIBlong | 0.000% | +0.0100% | 1h | $11K | $4K | 10x | |
| HTX SHIB-USDT | +0.017% | +0.0100% | 8h | $397K | $703K | 75x | as long as short |
| Kalshi KXKSHIBPERP | +0.019% | 0.0000% | 8h | $106K | $1.5M | 2x | as long as short |
| Kraken Futures PF_SHIBUSD | +0.041% | +0.0042% | 1h | $1.1M | $734K | 50x | as long as short |
| Paradex kSHIB-USD-PERP | +0.042% | +0.0099% | 8h | $7K | — | 20x | as long as short |
| SunX SHIB-USDT | +0.084% | +0.0100% | 8h | $2K | $22K | 20x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | +0.135% | −0.0048% | 1h | $87K | $760K | 50x | as long as short |
| Hyperliquid kSHIB | +0.152% | +0.0467% | 1h | $4.3M | $3.6M | 10x | as long as short |
Pacifica kSHIB
Gate SHIB_USDT
GMX
Injective
OKX
BingX
Aster
gTrade (Gains Network)
Extended
MEXC
Deribit
BloFin
KuCoin
SoDEX
Binance
Bitget
Backpack
Phemex
Lighter
HTX
Kraken Futures
Paradex
SunX
Coinbase International
Hyperliquid