After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.102%7d average−0.022%fees + slippage, in and out−$33spread needed0.333%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004908 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $40.6M | $106.8M | 75x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004903 | 0.0918 | get 0.0115% / 1h | 33m 22s | $105K | $472K | 15x |
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
- −$10.19
- Funding while held
- $24.53
- Slippage, 4 orders
- −$11.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$18.98
- Spread needed to break even
- 0.333%
Slippage from Bitget: live order book, 2 min ago; Backpack: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0818%
- Per $10,000 a day
- +$24.53
- 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 Bitget live order book, 2 min ago | 0.51 bp | 10.5 bp −$10 | 13.1 bp −$131 | 28.9 bp −$2,887 | doesn't fit |
| Sell Backpack live order book, 12 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.PEPE 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] | −18.494% | L +0.0291% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| BloFin PEPE-USDT | −0.603% | +0.0220% | 8h | $4.1M | $18.3M | 75x | as long as short |
| HTX PEPE-USDT | −0.434% | +0.0100% | 8h | $591K | $3.5M | 75x | as long as short |
| SoDEX 1000PEPE-USD | −0.216% | +0.0910% | 1h | $1K | $8K | 10x | as long as short |
| Injective PEPE/USDC PERP | −0.155% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| dYdX PEPE-USD | −0.154% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.136% | +0.0526% | 8h | $5K | $52 | 20x | as long as short |
| Phemex u1000PEPEUSDT | −0.104% | +0.1401% | 8h | $2.5M | $5.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERPshort | −0.102% | +0.0918% | 1h | $105K | $472K | 15x | |
| Aster 1000PEPEUSDT | −0.074% | +0.0769% | 8h | $1.3M | $5.0M | 50x | as long as short |
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
GMX
BloFin
HTX
SoDEX
Injective
Paradex
Phemex
Aster
Gate
Coinbase International
MEXC
Pacifica
gTrade (Gains Network)
OKX
Binance
KuCoin
Kraken Futures
Extended
Hyperliquid
Lighter
Bybit
Deribit
BingX
ApeX Omni
Variational Omni
SunX