Spread before costs (cost unknown: a leg has no order-book sample)−14.821%
7d average—if it closes, per $10,000$1482funding while held, a day+$69.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000SHIB-USD | 0.000005870 | 0.0100 | pay 0.0013% / 1h | 36m 42s | $515 | $5K | 10x |
| Short | GMX SHIB/USD [ETH-USDC] | 0.000005000 | L +0.0214% / S −0.2404% | get 0.0300% / 1h | 36m 42s | $1K | — | 100x |
SoDEX 1000SHIB-USD
GMX SHIB/USD [ETH-USDC]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
- −$1,482.11
- Funding while held
- $69.11
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,433.01
- Spread needed to break even
- 0.200%
Slippage unknown: SoDEX: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2304%
- Per $10,000 a day
- +$69.11
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
SoDEX and GMX: 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%OKX0.000005851+17.020%Gate0.000005853+17.060%BingX0.000005855+17.100%Extended0.000005856+17.116%Bitget0.000005856+17.120%Binance0.000005857+17.140%Pacifica0.000005859+17.180%MEXC0.000005859+17.180%KuCoin0.000005859+17.180%Lighter0.000005860+17.200%dYdX0.000005860+17.200%Paradex0.000005860+17.200%Aster0.000005860+17.209%Backpack0.000005866+17.320%BloFin0.000005866+17.320%Hyperliquid0.000005868+17.360%Kraken Futures0.000005868+17.367%HTX0.000005870+17.400%
Injective
OKX
Gate
BingX
Extended
Bitget
Binance
Pacifica
MEXC
KuCoin
Lighter
dYdX
Paradex
Aster
Backpack
BloFin
Hyperliquid
Kraken Futures
HTXSoDEX0.000005870+17.400%
SunX0.000005872+17.440%Kalshi0.000005873+17.458%Orderly0.000005873+17.460%Deribit0.000005873+17.460%Phemex0.000005873+17.460%gTrade (Gains Network)0.000005880+17.596%Reya0.000005884+17.678%Coinbase International0.000005888+17.760%
SunX
Orderly
Deribit
Phemex
gTrade (Gains Network)
Reya
Coinbase InternationalSHIB 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]short | −14.821% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | |
| Injective SHIB/USDC PERP | −1.755% | +0.0306% | 1h | $236 | $110K | 5.5x | as long as short |
| OKX SHIB-USDT-SWAP | −0.324% | +0.0100% | 8h | $7.6M | $22.1M | 50x | as long as short |
| Gate SHIB_USDT | −0.290% | +0.0075% | 8h | $6.6M | $4.4M | 75x | as long as short |
| BingX 1000SHIB-USDC | −0.256% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Extended 1000SHIB-USD | −0.242% | +0.0104% | 1h | $52K | $6K | 25x | as long as short |
| Bitget SHIBUSDT | −0.239% | +0.0100% | 8h | $11.1M | $10.0M | 75x | as long as short |
| Binance 1000SHIBUSDT | −0.221% | +0.0100% | 8h | $28.4M | $66.2M | 75x | as long as short |
| Pacifica kSHIB | −0.187% | +0.0100% | 1h | $11K | $4K | 10x | as long as short |
| MEXC SHIB_USDT | −0.187% | +0.0100% | 8h | $32.8M | $10.2M | 300x | as long as short |