Spread before costs (cost unknown: a leg has no order-book sample)−1.977%
7d average—if it closes, per $10,000$198funding while held, a day+$4.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000005101 | 0.0138 | pay 0.0138% / 8h | 7h 56m | $134.0M | $759.7M | 75x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.0303% / S −0.0294% | get 0.0037% / 1h | 56m 36s | $48K | — | 100x |
Binance 1000PEPEUSDT
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
- −$197.71
- Funding while held
- $4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$215.04
- Spread needed to break even
- 0.220%
Slippage unknown: Binance: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0156%
- Per $10,000 a day
- +$4.68
- 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, 4 min ago | 0.49 bp | 9.8 bp −$10 | 14.9 bp −$149 | 43.1 bp −$4,310 | 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.Variational Omni0.000004998cheapest
Variational OmniGMX0.000005000+0.050%
edgeX0.000005041+0.870%Nado0.000005086+1.780%Backpack0.000005087+1.794%SoDEX0.000005090+1.850%Reya0.000005090+1.851%SunX0.000005091+1.864%Phemex0.000005091+1.864%gTrade (Gains Network)0.000005091+1.868%Gate0.000005091+1.870%dYdX0.000005092+1.888%Deribit0.000005092+1.890%KuCoin0.000005092+1.900%Paradex0.000005093+1.905%Bybit0.000005093+1.910%ApeX Omni0.000005093+1.910%Aevo0.000005093+1.910%Kraken Futures0.000005094+1.926%BloFin0.000005095+1.950%Orderly0.000005096+1.970%HTX0.000005097+1.986%Pacifica0.000005097+1.990%Bitget0.000005098+2.008%Coinbase International0.000005099+2.031%Extended0.000005099+2.038%OKX0.000005100+2.051%BingX0.000005101+2.065%
Nado
Backpack
SoDEX
Reya
SunX
Phemex
gTrade (Gains Network)
Gate
dYdX
Deribit
KuCoin
Paradex
Bybit
ApeX Omni
Aevo
Kraken Futures
BloFin
Orderly
HTX
Pacifica
Bitget
Coinbase International
Extended
OKX
BingXBinance0.000005101+2.068%
Lighter0.000005101+2.071%MEXC0.000005102+2.089%Hyperliquid0.000005103+2.111%Injective0.000005107+2.191%Aster0.000005108+2.205%01 Exchange0.000005114+2.331%
Lighter
MEXC
Hyperliquid
Injective
AsterPEPE on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni 1000PEPE | −2.026% | +0.0100% | 8h | $936K | $2.6M | — | as long as short |
| GMX PEPE/USD [ETH-USDC]short | −1.977% | L +0.0303% / S −0.0294% | 1h | $48K | — | 100x | |
| edgeX 1000PEPEUSDC | −1.173% | +0.0100% | 4h | $29K | $343K | 20x | as long as short |
| Nado kPEPE-PERP | −0.281% | +0.0549% | 1h | $261K | $671K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.268% | +0.1123% | 1h | $161K | $427K | 15x | as long as short |
| SoDEX 1000PEPE-USD | −0.213% | +0.0964% | 1h | $1K | $8K | 10x | as long as short |
| Reya kPEPERUSDPERP | −0.213% | +0.0188% | 1h | $8K | — | 15x | as long as short |
| SunX 1000PEPE-USDT | −0.199% | +0.0100% | 8h | $1K | $2.2M | 20x | as long as short |
| Phemex u1000PEPEUSDT | −0.199% | +0.3185% | 8h | $2.6M | $5.8M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.195% | L +0.0005% / S −0.0005% | 1h | $3K | — | 150x | as long as short |