Spread before costs (cost unknown: a leg has no order-book sample)−0.275%
7d average—if it closes, per $10,000$28funding while held, a day+$0.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005896 | 0.0097 | pay 0.0097% / 8h | 38m 15s | $7K | — | 20x |
| Short | Phemex u1000SHIBUSDT | 0.000005880 | 0.0100 | get 0.0100% / 8h | 38m 15s | $2.1M | $4.3M | 50x |
Paradex kSHIB-USD-PERP
Phemex u1000SHIBUSDTPrice 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
- −$27.54
- Funding while held
- $0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$43.46
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0003%
- Per $10,000 a day
- +$0.08
- 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 Phemex live order book, 2 min ago | 12.71 bp | 27.0 bp −$27 | 63.2 bp −$632 | 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%OKX0.000005867+17.340%BingX0.000005870+17.400%Extended0.000005872+17.446%Bitget0.000005873+17.460%HTX0.000005873+17.460%Lighter0.000005874+17.480%Deribit0.000005874+17.480%gTrade (Gains Network)0.000005874+17.484%SoDEX0.000005875+17.500%Kraken Futures0.000005875+17.505%Orderly0.000005877+17.540%Binance0.000005878+17.558%Gate0.000005880+17.600%MEXC0.000005880+17.600%
GMX
Injective
OKX
BingX
Extended
Bitget
HTX
Lighter
Deribit
gTrade (Gains Network)
SoDEX
Kraken Futures
Orderly
Binance
Gate
MEXCPhemex0.000005880+17.600%
Reya0.000005881+17.619%SunX0.000005882+17.640%KuCoin0.000005884+17.680%Coinbase International0.000005888+17.760%Kalshi0.000005889+17.786%Aster0.000005890+17.798%Hyperliquid0.000005894+17.880%Pacifica0.000005896+17.920%BloFin0.000005896+17.920%
Reya
SunX
KuCoin
Coinbase International
Aster
Hyperliquid
Pacifica
BloFinParadex0.000005896+17.925%
dYdX0.000005896+17.929%Backpack0.000005898+17.960%
dYdX
BackpackSHIB 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] | −15.200% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.192% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.496% | +0.0100% | 8h | $7.7M | $22.1M | 50x | as long as short |
| BingX 1000SHIB-USDC | −0.445% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Extended 1000SHIB-USD | −0.406% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Bitget SHIBUSDT | −0.394% | +0.0100% | 8h | $11.2M | $9.9M | 75x | as long as short |
| HTX SHIB-USDT | −0.394% | +0.0100% | 8h | $400K | $785K | 75x | as long as short |
| Lighter 1000SHIB | −0.377% | +0.0096% | 1h | $158K | $284K | 10x | as long as short |
| Deribit 1000SHIB_USDC-PERPETUAL | −0.377% | −0.0260% | 1h | $36K | $63K | 25x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.374% | L +0.0007% / S −0.0008% | 1h | $1K | — | 150x | as long as short |