After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.017%7d average−0.035%fees + slippage, in and out−$53spread needed0.526%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000004805 | 0.0100 | pay 0.0100% / 8h | 39m 43s | $121.7M | $631.3M | 75x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004806 | 0.0916 | get 0.0115% / 1h | 39m 43s | $3.2M | $9.2M | 50x |
Binance 1000PEPEUSDT
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
- $1.71
- Funding while held
- $24.49
- Slippage, 4 orders
- −$32.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.45
- Spread needed to break even
- 0.526%
Slippage from Binance: live order book, 6 min ago; Kraken Futures: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0816%
- Per $10,000 a day
- +$24.49
- 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, 6 min ago | 0.94 bp | 7.8 bp −$8 | 9.7 bp −$97 | 33.4 bp −$3,342 | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 5.30 bp | 20.5 bp −$21 | 30.8 bp −$308 | 108.1 bp −$10.8K | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
BloFin0.000004747+18.675%OKX0.000004785+19.625%Paradex0.000004786+19.659%Bybit0.000004790+19.750%KuCoin0.000004793+19.825%Gate0.000004798+19.950%dYdX0.000004798+19.951%Pacifica0.000004799+19.975%Injective0.000004799+19.975%Extended0.000004799+19.982%Deribit0.000004803+20.075%
GMX
BloFin
OKX
Paradex
Bybit
KuCoin
Gate
dYdX
Pacifica
Injective
Extended
DeribitBinance0.000004805+20.135%
Aster0.000004805+20.138%BingX0.000004806+20.140%
Aster
BingXKraken Futures0.000004806+20.155%
Variational Omni0.000004807+20.176%01 Exchange0.000004808+20.200%Phemex0.000004808+20.200%MEXC0.000004809+20.215%Coinbase International0.000004809+20.225%HTX0.000004809+20.228%Reya0.000004809+20.236%Bitget0.000004810+20.243%Lighter0.000004810+20.250%gTrade (Gains Network)0.000004810+20.258%Backpack0.000004811+20.265%SoDEX0.000004811+20.275%SunX0.000004812+20.295%Nado0.000004812+20.298%ApeX Omni0.000004812+20.300%Aevo0.000004813+20.325%Orderly0.000004813+20.335%Hyperliquid0.000004814+20.350%edgeX0.000004817+20.426%
Variational Omni
Phemex
MEXC
Coinbase International
HTX
Reya
Bitget
Lighter
gTrade (Gains Network)
Backpack
SoDEX
SunX
Nado
ApeX Omni
Aevo
Orderly
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] | −16.760% | L +0.0272% / S −0.0201% | 1h | $42K | — | 100x | as long as short |
| BloFin PEPE-USDT | −1.215% | +0.0220% | 8h | $3.6M | $15.0M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | −0.424% | +0.0100% | 8h | $37.4M | $327.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | −0.396% | +0.0225% | 8h | $5K | $52 | 20x | as long as short |
| Bybit 1000PEPEUSDT | −0.320% | +0.0100% | 8h | $82.5M | $168.6M | 50x | as long as short |
| KuCoin PEPEUSDTM | −0.258% | +0.0100% | 8h | $20.5M | $29.5M | 75x | as long as short |
| Gate PEPE_USDT | −0.154% | +0.0100% | 8h | $121.6M | $37.4M | 75x | as long as short |
| dYdX PEPE-USD | −0.153% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Pacifica kPEPE | −0.133% | +0.0100% | 1h | $56K | $50K | 10x | as long as short |
| Injective PEPE/USDC PERP | −0.133% | +0.0474% | 1h | $41K | $70K | 12x | as long as short |