After costs, if the gap returns to its 7d average, $10k−$34
spread now−0.055%7d average−0.025%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000004891 | 0.0317 | pay 0.0317% / 8h | 7h 28m | $128.1M | $816.8M | 75x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004888 | 0.0955 | get 0.0119% / 1h | 28m 17s | $100K | $483K | 15x |
Binance 1000PEPEUSDT
Backpack kPEPE_USDC_PERPPrice 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
- −$5.52
- Funding while held
- $19.13
- Slippage, 4 orders
- −$11.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$17.55
- Spread needed to break even
- 0.312%
Slippage from Binance: live order book, 2 min ago; Backpack: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0638%
- Per $10,000 a day
- +$19.13
- 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 Binance live order book, 2 min ago | 0.41 bp | 8.5 bp −$8 | 15.1 bp −$151 | 42.6 bp −$4,258 | doesn't fit |
| Sell Backpack live order book, 17 min ago | 1.42 bp | 6.7 bp −$7 | 24.3 bp −$243 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Injective0.000004879+21.975%Bybit0.000004888+22.190%BloFin0.000004888+22.200%
GMX
Injective
Bybit
BloFinBackpack0.000004888+22.202%
Bitget0.000004890+22.255%
BitgetBinance0.000004891+22.270%
SoDEX0.000004891+22.275%MEXC0.000004891+22.287%Aevo0.000004893+22.325%OKX0.000004893+22.325%Lighter0.000004894+22.350%gTrade (Gains Network)0.000004900+22.505%dYdX0.000004901+22.526%Phemex0.000004901+22.532%BingX0.000004902+22.550%Coinbase International0.000004902+22.550%Nado0.000004902+22.561%Deribit0.000004903+22.575%KuCoin0.000004903+22.578%Kraken Futures0.000004903+22.582%HTX0.000004903+22.585%Extended0.000004904+22.594%Orderly0.000004906+22.640%ApeX Omni0.000004906+22.650%Pacifica0.000004907+22.675%Variational Omni0.000004908+22.694%Paradex0.000004911+22.782%Aster0.000004911+22.783%edgeX0.000004912+22.791%Gate0.000004912+22.800%SunX0.000004916+22.893%Reya0.000004916+22.895%Hyperliquid0.000004919+22.975%01 Exchange0.000004925+23.125%
SoDEX
MEXC
Aevo
OKX
Lighter
gTrade (Gains Network)
dYdX
Phemex
BingX
Coinbase International
Nado
Deribit
KuCoin
Kraken Futures
HTX
Extended
Orderly
ApeX Omni
Pacifica
Variational Omni
Paradex
Aster
Gate
SunX
Reya
HyperliquidPEPE 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] | −18.214% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | −0.241% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| Bybit 1000PEPEUSDT | −0.065% | +0.0100% | 8h | $87.9M | $220.4M | 50x | as long as short |
| BloFin PEPE-USDT | −0.057% | +0.0220% | 8h | $4.0M | $18.3M | 75x | as long as short |
| Backpack kPEPE_USDC_PERPshort | −0.055% | +0.0955% | 1h | $100K | $483K | 15x | |
| Bitget PEPEUSDT | −0.012% | +0.0100% | 8h | $40.2M | $107.4M | 75x | as long as short |
| Binance 1000PEPEUSDTlong | 0.000% | +0.0317% | 8h | $128.1M | $816.8M | 75x | |
| SoDEX 1000PEPE-USD | +0.004% | +0.0816% | 1h | $1K | $8K | 10x | as long as short |
| MEXC PEPE_USDT | +0.014% | +0.0308% | 8h | $103.2M | $258.2M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.045% | +0.0320% | 1h | $138K | — | 3x | as long as short |