Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average—if it closes, per $10,000$1funding while held, a day+$6.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kSHIB-USD-PERP | 0.000005919 | 0.0100 | pay 0.0100% / 8h | 5h 48m | $7K | — | 20x |
| Short | Reya kSHIBRUSDPERP | 0.000005919 | 0.0323 | get 0.0040% / 1h | 48m 25s | $1 | — | 20x |
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
- −$1.02
- Funding while held
- $6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$4.33
- Spread needed to break even
- 0.100%
Slippage unknown: Paradex: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0223%
- Per $10,000 a day
- +$6.69
- 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 Reya no order-book sample | — | — | — | — | — |
Paradex and Reya: 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] | −15.533% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.576% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Coinbase International 1000SHIB-PERP-INTX | −0.076% | +0.0016% | 1h | $86K | $787K | 50x | as long as short |
| BloFin SHIB-USDT | −0.076% | +0.0220% | 8h | $732K | $961K | 50x | as long as short |
| Lighter 1000SHIB | −0.059% | +0.0096% | 1h | $151K | $308K | 10x | as long as short |
| Kalshi KXKSHIBPERP | −0.048% | 0.0000% | 8h | $117K | $1.4M | 2x | as long as short |
| Pacifica kSHIB | −0.042% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| dYdX SHIB-USD | −0.040% | 0.0000% | 1h | $23K | $66K | 10x | as long as short |
| Gate SHIB_USDT | −0.025% | +0.0100% | 8h | $6.7M | $5.3M | 75x | as long as short |
| MEXC SHIB_USDT | −0.025% | +0.0100% | 8h | $33.7M | $14.8M | 300x | as long as short |
Paradex kSHIB-USD-PERP
GMX
Injective
Coinbase International
BloFin
Lighter
Pacifica
Gate
MEXC
KuCoin
Aster
OKX
Backpack
HTX
Phemex
Extended
BingX
gTrade (Gains Network)
Bitget
Kraken Futures
SoDEX
Binance
Deribit
Hyperliquid
SunX