Spread before costs (cost unknown: a leg has no order-book sample)−0.160%
7d average—if it closes, per $10,000$16funding while held, a day−$0.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005933 | 0.0098 | pay 0.0098% / 8h | 50m 21s | $7K | — | 20x |
| Short | Lighter 1000SHIB | 0.000005923 | 0.0096 | get 0.0012% / 1h | 50m 21s | $159K | $210K | 10x |
Paradex kSHIB-USD-PERP
Lighter 1000SHIBPrice 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
- −$16.03
- Funding while held
- −$0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.1
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 55 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.07
- 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 Lighter live order book, 55 min ago | 1.75 bp | 7.2 bp −$7 | 54.8 bp −$548 | doesn't fit | doesn't fit |
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%Phemex0.000005918+18.360%HTX0.000005920+18.400%Binance0.000005921+18.420%OKX0.000005921+18.420%Extended0.000005922+18.438%
GMX
Injective
Phemex
HTX
Binance
OKX
ExtendedLighter0.000005923+18.460%
BingX0.000005924+18.480%Gate0.000005925+18.500%Bitget0.000005925+18.500%Kraken Futures0.000005926+18.519%MEXC0.000005926+18.520%Orderly0.000005926+18.520%SoDEX0.000005926+18.520%Deribit0.000005926+18.520%Reya0.000005926+18.529%gTrade (Gains Network)0.000005927+18.546%KuCoin0.000005928+18.560%BloFin0.000005929+18.580%Coinbase International0.000005930+18.600%Aster0.000005930+18.608%SunX0.000005932+18.640%
BingX
Gate
Bitget
Kraken Futures
MEXC
Orderly
SoDEX
Deribit
Reya
gTrade (Gains Network)
KuCoin
BloFin
Coinbase International
Aster
SunXParadex0.000005933+18.650%
Backpack0.000005935+18.700%Hyperliquid0.000005938+18.760%Kalshi0.000005938+18.760%dYdX0.000005940+18.800%Pacifica0.000005940+18.800%
Backpack
Hyperliquid
dYdX
PacificaSHIB 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] | −15.719% | L +0.0215% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.790% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| Phemex u1000SHIBUSDT | −0.245% | +0.0100% | 8h | $2.1M | $4.3M | 50x | as long as short |
| HTX SHIB-USDT | −0.211% | +0.0100% | 8h | $403K | $776K | 75x | as long as short |
| Binance 1000SHIBUSDT | −0.194% | +0.0100% | 8h | $28.7M | $62.1M | 75x | as long as short |
| OKX SHIB-USDT-SWAP | −0.194% | +0.0100% | 8h | $7.7M | $21.7M | 50x | as long as short |
| Extended 1000SHIB-USD | −0.179% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Lighter 1000SHIBshort | −0.160% | +0.0096% | 1h | $159K | $210K | 10x | |
| BingX 1000SHIB-USDT | −0.143% | +0.0070% | 8h | — | $2.2M | — | as long as short |
| Gate SHIB_USDT | −0.127% | +0.0070% | 8h | $6.7M | $4.3M | 75x | as long as short |