After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.196%7d average+0.003%fees + slippage, in and out−$38spread needed0.382%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kPEPE_USDC_PERP | 0.000004907 | 0.0978 | pay 0.0122% / 1h | 25m 45s | $100K | $483K | 15x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000004897 | 0.0440 | get 0.0055% / 1h | 25m 45s | $690K | $20.5M | 50x |
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTXPrice 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
- −$19.57
- Funding while held
- −$16.14
- Slippage, 4 orders
- −$18.2
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$73.9
- Spread needed to break even
- 0.382%
Slippage from Backpack: live order book, 19 min ago; Coinbase International: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0538%
- Per $10,000 a day
- −$16.14
- 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 Backpack live order book, 19 min ago | 1.42 bp | 7.4 bp −$7 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.05 bp | 10.1 bp −$10 | 14.6 bp −$146 | 62.1 bp −$6,211 | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Variational Omni0.000004869+21.714%Injective0.000004878+21.950%Pacifica0.000004882+22.050%Paradex0.000004889+22.234%dYdX0.000004892+22.289%Bybit0.000004892+22.295%BloFin0.000004893+22.325%ApeX Omni0.000004894+22.350%Binance0.000004895+22.373%Gate0.000004895+22.375%gTrade (Gains Network)0.000004896+22.412%Aevo0.000004897+22.425%
GMX
Variational Omni
Injective
Pacifica
Paradex
dYdX
Bybit
BloFin
ApeX Omni
Binance
Gate
gTrade (Gains Network)
AevoCoinbase International0.000004897+22.425%
01 Exchange0.000004898+22.450%OKX0.000004898+22.450%HTX0.000004898+22.455%Bitget0.000004899+22.473%Aster0.000004900+22.503%BingX0.000004900+22.507%KuCoin0.000004901+22.515%SoDEX0.000004901+22.525%Nado0.000004902+22.543%Extended0.000004902+22.559%Orderly0.000004903+22.562%Lighter0.000004903+22.575%Deribit0.000004903+22.575%Kraken Futures0.000004904+22.604%MEXC0.000004904+22.610%Phemex0.000004905+22.617%Hyperliquid0.000004905+22.625%SunX0.000004905+22.637%
OKX
HTX
Bitget
Aster
BingX
KuCoin
SoDEX
Nado
Extended
Orderly
Lighter
Deribit
Kraken Futures
MEXC
Phemex
Hyperliquid
SunXBackpack0.000004907+22.665%
Reya0.000004908+22.692%edgeX0.000004912+22.791%
ReyaPEPE on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX PEPE/USD [ETH-USDC] | −18.477% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Variational Omni 1000PEPE | −0.775% | +0.0100% | 8h | $863K | $2.7M | — | as long as short |
| Injective PEPE/USDC PERP | −0.583% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| Pacifica kPEPE | −0.501% | +0.0100% | 1h | $59K | $75K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.352% | +0.0544% | 8h | $5K | $52 | 20x | as long as short |
| dYdX PEPE-USD | −0.307% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Bybit 1000PEPEUSDT | −0.302% | +0.0100% | 8h | $88.0M | $220.6M | 50x | as long as short |
| BloFin PEPE-USDT | −0.277% | +0.0220% | 8h | $4.0M | $18.4M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.257% | +0.0474% | 1h | $91K | $752K | 25x | as long as short |
| Binance 1000PEPEUSDT | −0.238% | +0.0329% | 8h | $128.1M | $820.2M | 75x | as long as short |