After costs, if the gap returns to its 7d average, $10k−$155
spread now+0.042%7d average+0.174%fees + slippage, in and out−$142spread needed1.415%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack kPEPE_USDC_PERP | 0.000004957 | 0.0729 | pay 0.0091% / 1h | 31m 15s | $96K | $504K | 15x |
| Short | SunX 1000PEPE-USDT | 0.000004959 | 0.0100 | get 0.0100% / 8h | 6h 31m | $2K | $2.3M | 20x |
Backpack kPEPE_USDC_PERP
SunX 1000PEPE-USDTPrice 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
- $4.24
- Funding while held
- −$18.87
- Slippage, 4 orders
- −$121.52
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$156.16
- Spread needed to break even
- 1.415%
Slippage from Backpack: live order book, 9 min ago; SunX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0629%
- Per $10,000 a day
- −$18.87
- 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, 9 min ago | 0.10 bp | 8.1 bp −$8 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 29.20 bp | 79.4 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
edgeX0.000004931+23.280%Variational Omni0.000004933+23.322%dYdX0.000004945+23.632%KuCoin0.000004947+23.687%gTrade (Gains Network)0.000004947+23.687%Gate0.000004948+23.700%Aster0.000004948+23.701%Paradex0.000004948+23.705%Reya0.000004949+23.723%Pacifica0.000004949+23.725%Nado0.000004950+23.758%Phemex0.000004951+23.763%Coinbase International0.000004951+23.775%HTX0.000004951+23.775%Hyperliquid0.000004952+23.800%ApeX Omni0.000004952+23.800%BingX0.000004953+23.815%Bybit0.000004953+23.825%Kraken Futures0.000004954+23.849%SoDEX0.000004955+23.875%Bitget0.000004956+23.890%BloFin0.000004956+23.900%Aevo0.000004956+23.900%
GMX
Variational Omni
dYdX
KuCoin
gTrade (Gains Network)
Gate
Aster
Paradex
Reya
Pacifica
Nado
Phemex
Coinbase International
HTX
Hyperliquid
ApeX Omni
BingX
Bybit
Kraken Futures
SoDEX
Bitget
BloFin
AevoBackpack0.000004957+23.917%
Orderly0.000004957+23.917%Extended0.000004957+23.922%Binance0.000004958+23.948%Lighter0.000004958+23.950%OKX0.000004958+23.950%
Orderly
Extended
Binance
Lighter
OKXSunX0.000004959+23.970%
01 Exchange0.000004959+23.975%Deribit0.000004960+24.000%MEXC0.000004961+24.013%Injective0.000004976+24.400%
Deribit
MEXC
InjectivePEPE 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] | −19.301% | L +0.0184% / S +0.0065% | 1h | $70K | — | 100x | as long as short |
| edgeX 1000PEPEUSDC | −0.514% | +0.0100% | 4h | $28K | $338K | 20x | as long as short |
| Variational Omni 1000PEPE | −0.481% | +0.0100% | 8h | $768K | $2.8M | — | as long as short |
| dYdX PEPE-USD | −0.230% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| KuCoin PEPEUSDTM | −0.186% | +0.0100% | 8h | $21.8M | $37.8M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.186% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| Gate PEPE_USDT | −0.176% | +0.0100% | 8h | $144.0M | $52.6M | 75x | as long as short |
| Aster 1000PEPEUSDT | −0.175% | +0.0830% | 8h | $1.4M | $5.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | −0.171% | +0.0459% | 8h | $6K | $52 | 20x | as long as short |
| Reya kPEPERUSDPERP | −0.157% | +0.0188% | 1h | $7K | — | 15x | as long as short |