Spread before costs (cost unknown: a leg has no order-book sample)+0.093%
7d average—if it closes, per $10,000$9funding while held, a day−$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000SHIB-USD | 0.000005936 | 0.0100 | pay 0.0013% / 1h | 44m 58s | $575 | $5K | 10x |
| Short | Paradex kSHIB-USD-PERP | 0.000005942 | 0.0100 | get 0.0100% / 8h | 5h 44m | $7K | — | 20x |
SoDEX 1000SHIB-USD
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
- $9.3
- Funding while held
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$2.71
- Spread needed to break even
- 0.120%
Slippage unknown: SoDEX: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.01
- 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 Paradex no order-book sample | — | — | — | — | — |
SoDEX 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.GMX0.000005000cheapest
Injective0.000005767+15.340%Phemex0.000005931+18.620%BloFin0.000005932+18.640%MEXC0.000005934+18.680%KuCoin0.000005934+18.680%HTX0.000005936+18.720%Backpack0.000005936+18.720%
GMX
Injective
Phemex
BloFin
MEXC
KuCoin
HTX
BackpackSoDEX0.000005936+18.720%
Deribit0.000005936+18.720%Lighter0.000005937+18.740%OKX0.000005937+18.740%Gate0.000005937+18.740%Reya0.000005937+18.747%Kraken Futures0.000005937+18.749%Binance0.000005938+18.755%Extended0.000005938+18.759%Orderly0.000005938+18.760%dYdX0.000005938+18.761%Bitget0.000005939+18.780%gTrade (Gains Network)0.000005939+18.780%Kalshi0.000005939+18.784%Aster0.000005940+18.790%Pacifica0.000005940+18.800%BingX0.000005940+18.800%
Deribit
Lighter
OKX
Gate
Reya
Kraken Futures
Binance
Extended
Orderly
dYdX
Bitget
gTrade (Gains Network)
Aster
Pacifica
BingXParadex0.000005942+18.830%
Hyperliquid0.000005942+18.840%Coinbase International0.000005942+18.840%SunX0.000005949+18.980%
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] | −15.768% | L +0.0214% / S −0.2404% | 1h | $1K | — | 100x | as long as short |
| Injective SHIB/USDC PERP | −2.847% | +0.0033% | 1h | $236 | $36K | 5.5x | as long as short |
| Phemex u1000SHIBUSDT | −0.084% | +0.0100% | 8h | $2.1M | $4.8M | 50x | as long as short |
| BloFin SHIB-USDT | −0.067% | +0.0220% | 8h | $727K | $965K | 50x | as long as short |
| MEXC SHIB_USDT | −0.034% | +0.0100% | 8h | $33.7M | $14.9M | 300x | as long as short |
| KuCoin SHIBUSDTM | −0.034% | +0.0100% | 8h | $4.7M | $2.4M | 75x | as long as short |
| HTX SHIB-USDT | 0.000% | +0.0100% | 8h | $398K | $657K | 75x | as long as short |
| Backpack kSHIB_USDC_PERP | 0.000% | −0.0019% | 1h | $27K | $4K | 15x | as long as short |
| SoDEX 1000SHIB-USDlong | 0.000% | +0.0100% | 1h | $575 | $5K | 10x | |
| Deribit 1000SHIB_USDC-PERPETUAL | 0.000% | +0.0087% | 1h | $42K | $64K | 25x | as long as short |