Spread before costs (cost unknown: a leg has no order-book sample)−4.937%
7d average—if it closes, per $10,000$494funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005757 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $7K | — | 20x |
| Short | Injective SHIB/USDC PERP | 0.000005473 | 0.0033 | get 0.0004% / 1h | 32m 45s | $224 | $74K | 5.5x |
Paradex kSHIB-USD-PERP
Injective SHIB/USDC 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
- −$493.74
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$499.76
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and Injective: 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
GMXInjective0.000005473+9.460%
Coinbase International0.000005695+13.900%Phemex0.000005750+15.000%Reya0.000005751+15.013%Kalshi0.000005751+15.018%gTrade (Gains Network)0.000005751+15.020%Gate0.000005752+15.040%SoDEX0.000005752+15.040%HTX0.000005752+15.040%BloFin0.000005752+15.040%Extended0.000005753+15.059%dYdX0.000005753+15.060%Orderly0.000005754+15.080%Deribit0.000005754+15.080%KuCoin0.000005754+15.080%OKX0.000005755+15.100%MEXC0.000005755+15.100%BingX0.000005755+15.100%Backpack0.000005755+15.100%Lighter0.000005756+15.120%Bitget0.000005756+15.120%Kraken Futures0.000005756+15.124%Pacifica0.000005757+15.140%
Coinbase International
Phemex
Reya
gTrade (Gains Network)
Gate
SoDEX
HTX
BloFin
Extended
dYdX
Orderly
Deribit
KuCoin
OKX
MEXC
BingX
Backpack
Lighter
Bitget
Kraken Futures
PacificaParadex0.000005757+15.145%
Binance0.000005758+15.160%Aster0.000005759+15.180%SunX0.000005761+15.220%Hyperliquid0.000005765+15.300%
Binance
Aster
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] | −13.153% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPshort | −4.937% | +0.0033% | 1h | $224 | $74K | 5.5x | |
| Coinbase International 1000SHIB-PERP-INTX | −1.081% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| Phemex u1000SHIBUSDT | −0.126% | +0.0100% | 8h | $2.1M | $4.1M | 50x | as long as short |
| Reya kSHIBRUSDPERP | −0.115% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Kalshi KXKSHIBPERP | −0.110% | 0.0000% | 8h | $292K | $922K | 2x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.109% | L +0.0006% / S −0.0001% | 1h | $699 | — | 150x | as long as short |
| Gate SHIB_USDT | −0.091% | +0.0079% | 8h | $6.5M | $3.8M | 75x | as long as short |
| SoDEX 1000SHIB-USD | −0.091% | +0.0100% | 1h | $510 | $6K | 10x | as long as short |
| HTX SHIB-USDT | −0.091% | +0.0100% | 8h | $392K | $722K | 75x | as long as short |