After costs, if the gap returns to its 7d average, $10k−$85
spread now−0.036%7d average−0.009%fees + slippage, in and out−$82spread needed0.825%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kPEPE_USDC_PERP | 0.000004827 | 0.1449 | pay 0.0181% / 1h | 47m 26s | $125K | $307K | 15x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004825 | 0.0913 | get 0.0114% / 1h | 47m 26s | $3.2M | $9.0M | 50x |
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSDPrice 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
- −$3.6
- Funding while held
- −$16.09
- Slippage, 4 orders
- −$62.48
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$102.18
- Spread needed to break even
- 0.825%
Slippage from Backpack: live order book, 2 min ago; Kraken Futures: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0536%
- Per $10,000 a day
- −$16.09
- 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, 2 min ago | 1.35 bp | 24.5 bp −$25 | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 15.78 bp | 26.0 bp −$26 | 35.9 bp −$359 | 100.8 bp −$10.1K | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
KuCoin0.000004802+20.043%Extended0.000004804+20.090%Paradex0.000004806+20.140%dYdX0.000004806+20.153%Gate0.000004808+20.200%Bybit0.000004809+20.235%Pacifica0.000004811+20.275%Binance0.000004811+20.287%Variational Omni0.000004812+20.297%Aster0.000004815+20.375%Hyperliquid0.000004815+20.375%Injective0.000004815+20.375%Deribit0.000004818+20.450%01 Exchange0.000004819+20.475%Lighter0.000004820+20.500%Phemex0.000004821+20.528%Coinbase International0.000004822+20.550%SoDEX0.000004823+20.575%ApeX Omni0.000004824+20.600%HTX0.000004825+20.615%
GMX
KuCoin
Extended
Paradex
dYdX
Gate
Bybit
Pacifica
Binance
Variational Omni
Aster
Hyperliquid
Injective
Deribit
Lighter
Phemex
Coinbase International
SoDEX
ApeX Omni
HTXKraken Futures0.000004825+20.629%
Orderly0.000004825+20.637%Aevo0.000004826+20.650%
Orderly
AevoBackpack0.000004827+20.673%
edgeX0.000004829+20.732%Bitget0.000004830+20.758%SunX0.000004831+20.782%BingX0.000004832+20.793%Nado0.000004832+20.800%OKX0.000004832+20.800%Reya0.000004835+20.871%MEXC0.000004837+20.913%gTrade (Gains Network)0.000004839+20.965%BloFin0.000004842+21.050%
Bitget
SunX
BingX
Nado
OKX
Reya
MEXC
gTrade (Gains Network)
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] | −17.131% | L +0.0272% / S −0.0213% | 1h | $41K | — | 100x | as long as short |
| KuCoin PEPEUSDTM | −0.522% | +0.0100% | 8h | $20.1M | $28.7M | 75x | as long as short |
| Extended 1000PEPE-USD | −0.483% | +0.0104% | 1h | $512K | $221K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | −0.441% | +0.0164% | 8h | $5K | $52 | 20x | as long as short |
| dYdX PEPE-USD | −0.430% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Gate PEPE_USDT | −0.392% | +0.0100% | 8h | $121.1M | $36.5M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.363% | +0.0100% | 8h | $83.0M | $163.0M | 50x | as long as short |
| Pacifica kPEPE | −0.329% | +0.0100% | 1h | $56K | $47K | 10x | as long as short |
| Binance 1000PEPEUSDT | −0.319% | +0.0100% | 8h | $121.6M | $616.4M | 75x | as long as short |
| Variational Omni 1000PEPE | −0.311% | +0.0100% | 8h | $726K | $1.9M | — | as long as short |