After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.034%7d average+0.011%fees + slippage, in and out−$52spread needed0.520%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000005022 | 0.0697 | pay 0.0697% / 8h | 5h 25m | $132.7M | $909.4M | 75x |
| Short | Phemex u1000PEPEUSDT | 0.000005024 | 0.0414 | get 0.0414% / 8h | 5h 25m | $2.5M | $6.0M | 50x |
Binance 1000PEPEUSDT
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
- $3.38
- Funding while held
- −$8.48
- Slippage, 4 orders
- −$30.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$57.11
- Spread needed to break even
- 0.520%
Slippage from Binance: live order book, 5 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0283%
- Per $10,000 a day
- −$8.48
- 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, 5 min ago | 0.10 bp | 5.7 bp −$6 | 13.4 bp −$134 | 30.4 bp −$3,044 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 8.20 bp | 22.4 bp −$22 | 40.0 bp −$400 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapestKuCoin0.000005017+0.330%Bybit0.000005017+0.338%gTrade (Gains Network)0.000005017+0.348%HTX0.000005018+0.368%Backpack0.000005019+0.380%Coinbase International0.000005019+0.380%Kraken Futures0.000005019+0.385%OKX0.000005020+0.400%SoDEX0.000005020+0.400%Deribit0.000005020+0.400%Extended0.000005020+0.407%Bitget0.000005020+0.410%Gate0.000005021+0.420%MEXC0.000005022+0.430%Lighter0.000005022+0.440%BloFin0.000005022+0.440%
GMX
KuCoin
Bybit
gTrade (Gains Network)
HTX
Backpack
Coinbase International
Kraken Futures
OKX
SoDEX
Deribit
Extended
Bitget
Gate
MEXC
Lighter
BloFinBinance0.000005022+0.446%
edgeX0.000005023+0.458%BingX0.000005023+0.464%Reya0.000005024+0.472%
BingX
ReyaPhemex0.000005024+0.480%
Orderly0.000005024+0.486%Nado0.000005026+0.530%Aster0.000005028+0.551%Hyperliquid0.000005028+0.560%ApeX Omni0.000005029+0.580%SunX0.000005029+0.586%Paradex0.000005032+0.638%dYdX0.000005032+0.644%01 Exchange0.000005036+0.720%Pacifica0.000005038+0.760%Aevo0.000005050+1.000%Variational Omni0.000005057+1.135%Injective0.000005067+1.340%
Orderly
Nado
Aster
Hyperliquid
ApeX Omni
SunX
Paradex
dYdX
Pacifica
Aevo
Variational Omni
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] | −0.444% | L +0.0181% / S −0.0061% | 1h | $55K | — | 100x | as long as short |
| KuCoin PEPEUSDTM | −0.115% | +0.0100% | 8h | $25.4M | $42.4M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.108% | +0.0100% | 8h | $89.0M | $246.2M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.098% | L +0.0006% / S −0.0009% | 1h | $4K | — | 150x | as long as short |
| HTX PEPE-USDT | −0.078% | +0.0100% | 8h | $581K | $3.7M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.066% | +0.0914% | 1h | $99K | $540K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | −0.066% | +0.0512% | 1h | $667K | $24.0M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | −0.061% | +0.1088% | 1h | $3.8M | $10.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.046% | +0.0100% | 8h | $43.0M | $471.6M | 50x | as long as short |
| SoDEX 1000PEPE-USD | −0.046% | +0.0534% | 1h | $2K | $8K | 10x | as long as short |