Spread before costs (cost unknown: a leg has no order-book sample)−0.123%
7d average—if it closes, per $10,000$12funding while held, a day−$6.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kSHIBRUSDPERP | 0.000006072 | 0.0323 | pay 0.0040% / 1h | 54m 40s | $1 | — | 20x |
| Short | Paradex kSHIB-USD-PERP | 0.000006065 | 0.0096 | get 0.0096% / 8h | 7h 54m | $7K | — | 20x |
Reya kSHIBRUSDPERP
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
- −$12.28
- Funding while held
- −$6.8
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$29.08
- Spread needed to break even
- 0.100%
Slippage unknown: Reya: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0227%
- Per $10,000 a day
- −$6.80
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Reya and 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.Injective0.000005767cheapest
GMX0.000006000+4.040%OKX0.000006058+5.046%Bitget0.000006060+5.081%BloFin0.000006061+5.098%Kraken Futures0.000006062+5.122%Aster0.000006063+5.141%MEXC0.000006064+5.150%HTX0.000006064+5.150%Kalshi0.000006064+5.153%
Injective
GMX
OKX
Bitget
BloFin
Kraken Futures
Aster
MEXC
HTXParadex0.000006065+5.162%
Lighter0.000006065+5.167%KuCoin0.000006065+5.167%SoDEX0.000006065+5.167%dYdX0.000006066+5.185%Pacifica0.000006066+5.185%Gate0.000006066+5.185%Binance0.000006066+5.192%Backpack0.000006067+5.202%Extended0.000006068+5.213%Orderly0.000006069+5.237%BingX0.000006070+5.254%Phemex0.000006070+5.254%gTrade (Gains Network)0.000006072+5.285%SunX0.000006072+5.289%Hyperliquid0.000006072+5.289%
Lighter
KuCoin
SoDEX
dYdX
Pacifica
Gate
Binance
Backpack
Extended
Orderly
BingX
Phemex
gTrade (Gains Network)
SunX
HyperliquidReya0.000006072+5.292%
Deribit0.000006076+5.358%Coinbase International0.000006076+5.358%
Deribit
Coinbase InternationalSHIB on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SHIB/USDC PERP | −5.026% | +0.0033% | 1h | $236 | $90K | 5.5x | as long as short |
| GMX SHIB/USD [ETH-USDC] | −1.189% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| OKX SHIB-USDT-SWAP | −0.233% | +0.0100% | 8h | $8.1M | $25.5M | 50x | as long as short |
| Bitget SHIBUSDT | −0.200% | +0.0100% | 8h | $11.7M | $11.0M | 75x | as long as short |
| BloFin SHIB-USDT | −0.184% | +0.0220% | 8h | $747K | $906K | 50x | as long as short |
| Kraken Futures PF_SHIBUSD | −0.161% | −0.0320% | 1h | $1.1M | $754K | 50x | as long as short |
| Aster 1000SHIBUSDT | −0.143% | +0.0100% | 8h | $41K | $180K | 50x | as long as short |
| MEXC SHIB_USDT | −0.135% | +0.0100% | 8h | $32.0M | $12.9M | 300x | as long as short |
| HTX SHIB-USDT | −0.135% | +0.0100% | 8h | $412K | $811K | 75x | as long as short |
| Kalshi KXKSHIBPERP | −0.131% | 0.0000% | 8h | $128K | $1.5M | 2x | as long as short |