After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.004%7d average+0.041%fees + slippage, in and out−$65spread needed0.651%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kPEPE_USDC_PERP | 0.000004873 | 0.1043 | pay 0.0130% / 1h | 20m 38s | $97K | $487K | 15x |
| Short | Phemex u1000PEPEUSDT | 0.000004873 | 0.1120 | get 0.1120% / 8h | 7h 20m | $2.4M | $5.9M | 50x |
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDTPrice 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
- −$0.41
- Funding while held
- $2.31
- Slippage, 4 orders
- −$43.1
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$63.2
- Spread needed to break even
- 0.651%
Slippage from Backpack: live order book, 25 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0077%
- Per $10,000 a day
- +$2.31
- 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, 25 min ago | 1.42 bp | 7.4 bp −$7 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 15.27 bp | 25.0 bp −$25 | 43.2 bp −$432 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Gate0.000004823+20.575%Extended0.000004829+20.722%BingX0.000004830+20.753%KuCoin0.000004830+20.760%Bitget0.000004832+20.808%Aster0.000004835+20.885%Hyperliquid0.000004837+20.925%dYdX0.000004838+20.952%Bybit0.000004838+20.962%Paradex0.000004840+20.998%Pacifica0.000004842+21.050%Binance0.000004842+21.063%MEXC0.000004842+21.063%OKX0.000004843+21.075%Lighter0.000004847+21.175%Injective0.000004863+21.575%Variational Omni0.000004869+21.714%gTrade (Gains Network)0.000004870+21.750%Nado0.000004871+21.769%
GMX
Gate
Extended
BingX
KuCoin
Bitget
Aster
Hyperliquid
dYdX
Bybit
Paradex
Pacifica
Binance
MEXC
OKX
Lighter
Injective
Variational Omni
gTrade (Gains Network)
NadoPhemex0.000004873+21.815%
Reya0.000004873+21.819%
ReyaBackpack0.000004873+21.820%
SoDEX0.000004873+21.825%Deribit0.000004874+21.850%Kraken Futures0.000004874+21.856%Coinbase International0.000004875+21.875%Orderly0.000004875+21.883%BloFin0.000004878+21.950%Aevo0.000004878+21.950%SunX0.000004879+21.972%01 Exchange0.000004880+22.000%HTX0.000004888+22.200%edgeX0.000004891+22.287%ApeX Omni0.000004897+22.425%
SoDEX
Deribit
Kraken Futures
Coinbase International
Orderly
BloFin
Aevo
SunX
HTX
ApeX OmniPEPE 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] | −17.912% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Gate PEPE_USDT | −1.022% | +0.0100% | 8h | $137.8M | $50.3M | 75x | as long as short |
| Extended 1000PEPE-USD | −0.901% | +0.0344% | 1h | $528K | $250K | 25x | as long as short |
| BingX 1000PEPE-USDT | −0.876% | +0.0080% | 8h | — | $224.3M | — | as long as short |
| KuCoin PEPEUSDTM | −0.870% | +0.0100% | 8h | $20.7M | $36.0M | 75x | as long as short |
| Bitget PEPEUSDT | −0.831% | +0.0100% | 8h | $39.8M | $107.1M | 75x | as long as short |
| Aster 1000PEPEUSDT | −0.767% | +0.0804% | 8h | $1.3M | $5.1M | 50x | as long as short |
| Hyperliquid kPEPE | −0.735% | +0.0775% | 1h | $55.7M | $52.4M | 10x | as long as short |
| dYdX PEPE-USD | −0.712% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Bybit 1000PEPEUSDT | −0.704% | +0.0100% | 8h | $86.9M | $221.0M | 50x | as long as short |