Spread before costs (cost unknown: a leg has no order-book sample)+0.162%
7d average—if it closes, per $10,000$16funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000SHIBUSDT | 0.000005943 | 0.0100 | pay 0.0100% / 8h | 5h 00m | $2.1M | $5.0M | 50x |
| Short | Paradex kSHIB-USD-PERP | 0.000005953 | 0.0100 | get 0.0100% / 8h | 5h 00m | $7K | — | 20x |
Phemex u1000SHIBUSDT
Paradex kSHIB-USD-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
- $16.15
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $0.16
- Spread needed to break even
- 0.160%
Slippage unknown: Phemex: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Phemex live order book, 5 min ago | 0.84 bp | 14.3 bp −$14 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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%MEXC0.000005943+18.860%
GMX
Injective
MEXCPhemex0.000005943+18.860%
OKX0.000005944+18.880%Gate0.000005944+18.880%Extended0.000005945+18.898%BingX0.000005945+18.900%Reya0.000005945+18.903%Bitget0.000005947+18.940%HTX0.000005947+18.940%BloFin0.000005947+18.940%Aster0.000005947+18.941%Binance0.000005947+18.949%Lighter0.000005948+18.960%SoDEX0.000005948+18.960%Kalshi0.000005949+18.978%Kraken Futures0.000005949+18.979%KuCoin0.000005949+18.980%Backpack0.000005949+18.980%gTrade (Gains Network)0.000005949+18.980%Orderly0.000005949+18.980%Pacifica0.000005950+19.000%Deribit0.000005950+19.000%dYdX0.000005950+19.002%
OKX
Gate
Extended
BingX
Reya
Bitget
HTX
BloFin
Aster
Binance
Lighter
SoDEX
Kraken Futures
KuCoin
Backpack
gTrade (Gains Network)
Orderly
Pacifica
Deribit
dYdXParadex0.000005953+19.052%
Hyperliquid0.000005957+19.140%Coinbase International0.000005957+19.140%SunX0.000005958+19.160%
Hyperliquid
Coinbase International
SunXSHIB 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] | −15.867% | L +0.0213% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.961% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| MEXC SHIB_USDT | 0.000% | +0.0100% | 8h | $33.3M | $15.1M | 300x | as long as short |
| Phemex u1000SHIBUSDTlong | 0.000% | +0.0100% | 8h | $2.1M | $5.0M | 50x | |
| OKX SHIB-USDT-SWAP | +0.017% | +0.0100% | 8h | $7.7M | $27.2M | 50x | as long as short |
| Gate SHIB_USDT | +0.017% | +0.0100% | 8h | $6.7M | $5.4M | 75x | as long as short |
| Extended 1000SHIB-USD | +0.032% | +0.0104% | 1h | $53K | $4K | 25x | as long as short |
| BingX 1000SHIB-USDT | +0.034% | +0.0040% | 8h | — | $2.1M | — | as long as short |
| Reya kSHIBRUSDPERP | +0.036% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| Bitget SHIBUSDT | +0.067% | +0.0100% | 8h | $11.4M | $12.0M | 75x | as long as short |