Spread before costs (cost unknown: a leg has no order-book sample)−13.613%
7d average—if it closes, per $10,000$1361funding while held, a day+$8.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kPEPE_USDC_PERP | 0.000004630 | 0.0295 | pay 0.0037% / 1h | 3m 33s | $128K | $216K | 15x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0404% / S −0.0589% | get 0.0074% / 1h | 3m 33s | $54K | — | 100x |
Backpack kPEPE_USDC_PERP
GMX PEPE/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
- −$1,361.25
- Funding while held
- $8.82
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,374.43
- Spread needed to break even
- 0.220%
Slippage unknown: Backpack: live order book, 51 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0294%
- Per $10,000 a day
- +$8.82
- 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, 51 min ago | 0.12 bp | 5.6 bp −$6 | 33.8 bp −$338 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Injective0.000004621+15.525%Phemex0.000004622+15.555%OKX0.000004624+15.600%dYdX0.000004624+15.601%KuCoin0.000004625+15.613%Pacifica0.000004626+15.650%ApeX Omni0.000004626+15.650%Gate0.000004627+15.675%Bybit0.000004629+15.725%SoDEX0.000004629+15.725%edgeX0.000004630+15.747%
Injective
Phemex
OKX
dYdX
KuCoin
Pacifica
ApeX Omni
Gate
Bybit
SoDEXBackpack0.000004630+15.758%
BingX0.000004631+15.768%Binance0.000004631+15.776%Extended0.000004632+15.794%Aster0.000004632+15.794%Bitget0.000004632+15.795%Hyperliquid0.000004632+15.800%Lighter0.000004632+15.800%HTX0.000004633+15.823%01 Exchange0.000004633+15.825%MEXC0.000004634+15.843%Paradex0.000004634+15.850%gTrade (Gains Network)0.000004635+15.868%Deribit0.000004638+15.950%Kraken Futures0.000004638+15.951%Variational Omni0.000004639+15.966%Orderly0.000004640+16.000%Aevo0.000004640+16.000%Reya0.000004641+16.021%Coinbase International0.000004641+16.025%SunX0.000004641+16.035%Nado0.000004644+16.104%BloFin0.000004656+16.400%
BingX
Binance
Extended
Aster
Bitget
Hyperliquid
Lighter
HTX
MEXC
Paradex
gTrade (Gains Network)
Deribit
Kraken Futures
Variational Omni
Orderly
Aevo
Reya
Coinbase International
SunX
Nado
BloFinPEPE 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]short | −13.613% | L +0.0404% / S −0.0589% | 1h | $54K | — | 100x | |
| Injective PEPE/USDC PERP | −0.201% | −0.0104% | 1h | $17K | $39K | 12x | as long as short |
| Phemex u1000PEPEUSDT | −0.175% | +0.0042% | 8h | $2.3M | $5.2M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.136% | +0.0100% | 8h | $34.2M | $254.1M | 50x | as long as short |
| dYdX PEPE-USD | −0.135% | 0.0000% | 1h | $17K | — | 10x | as long as short |
| KuCoin PEPEUSDTM | −0.125% | +0.0100% | 8h | $21.0M | $25.9M | 75x | as long as short |
| Pacifica kPEPE | −0.093% | +0.0100% | 1h | $56K | $37K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.093% | +0.0100% | 1h | $111K | $729K | 25x | as long as short |
| Gate PEPE_USDT | −0.071% | +0.0100% | 8h | $114.5M | $29.0M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.028% | +0.0100% | 8h | $81.7M | $133.1M | 50x | as long as short |