Spread before costs (cost unknown: a leg has no order-book sample)−5.164%
7d average—if it closes, per $10,000$516funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000SHIB-USD | 0.000005771 | 0.0100 | pay 0.0013% / 1h | 30m 38s | $507 | $6K | 10x |
| Short | Injective SHIB/USDC PERP | 0.000005473 | 0.0033 | get 0.0004% / 1h | 30m 38s | $224 | $74K | 5.5x |
SoDEX 1000SHIB-USD
Injective SHIB/USDC 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
- −$516.37
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$526.39
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
SoDEX and Injective: 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
GMXInjective0.000005473+9.460%
Coinbase International0.000005695+13.900%OKX0.000005762+15.240%Extended0.000005763+15.267%BingX0.000005764+15.280%Reya0.000005765+15.293%dYdX0.000005766+15.312%gTrade (Gains Network)0.000005766+15.320%Gate0.000005768+15.360%MEXC0.000005768+15.360%Kalshi0.000005768+15.366%Binance0.000005769+15.374%Paradex0.000005769+15.375%KuCoin0.000005769+15.380%HTX0.000005769+15.380%BloFin0.000005769+15.380%Orderly0.000005770+15.400%Phemex0.000005770+15.400%Lighter0.000005771+15.420%Pacifica0.000005771+15.420%Bitget0.000005771+15.420%
Coinbase International
OKX
Extended
BingX
Reya
dYdX
gTrade (Gains Network)
Gate
MEXC
Binance
Paradex
KuCoin
HTX
BloFin
Orderly
Phemex
Lighter
Pacifica
BitgetSoDEX0.000005771+15.420%
Deribit0.000005771+15.420%Aster0.000005771+15.426%Backpack0.000005773+15.460%Kraken Futures0.000005774+15.478%Hyperliquid0.000005779+15.580%SunX0.000005781+15.620%
Deribit
Aster
Backpack
Kraken Futures
Hyperliquid
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] | −13.360% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERPshort | −5.164% | +0.0033% | 1h | $224 | $74K | 5.5x | |
| Coinbase International 1000SHIB-PERP-INTX | −1.317% | +0.0008% | 1h | $88K | $902K | 50x | as long as short |
| OKX SHIB-USDT-SWAP | −0.156% | +0.0100% | 8h | $7.5M | $18.7M | 50x | as long as short |
| Extended 1000SHIB-USD | −0.133% | +0.0104% | 1h | $51K | $6K | 25x | as long as short |
| BingX 1000SHIB-USDC | −0.121% | +0.0080% | 8h | — | $1.6M | — | as long as short |
| Reya kSHIBRUSDPERP | −0.110% | +0.0323% | 1h | $1 | — | 20x | as long as short |
| dYdX SHIB-USD | −0.093% | +0.5332% | 1h | $34K | $54K | 10x | as long as short |
| gTrade (Gains Network) SHIB/USD | −0.087% | L +0.0006% / S −0.0001% | 1h | $701 | — | 150x | as long as short |
| Gate SHIB_USDT | −0.052% | +0.0075% | 8h | $6.5M | $3.8M | 75x | as long as short |