PEPE

Alert

After costs, if the gap returns to its 7d average, $10k−$215

spread now−1.707%7d average−0.013%fees + slippage, in and out−$46spread needed0.458%

Long on Bitget Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PEPEUSDT	0.000004944	0.0100	pay 0.0100% / 8h	56m 25s	$47.6M	$71.2M	75x
Short	Coinbase International 1000PEPE-PERP-INTX	0.000004860	0.0272	get 0.0034% / 1h	56m 25s	$694K	$10.5M	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BitgetbpFee Coinbase InternationalbpOrdersClose when spread is

Spread captured: −$170.7
Funding while held: $5.16
Slippage, 4 orders: −$23.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$211.35
Spread needed to break even: 0.458%

Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Cost of waiting

funding view

Funding /8h: +0.0172%
Per $10,000 a day: +$5.16
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, 4 min ago	1.36 bp	10.1 bp −$10	12.7 bp −$127	35.1 bp −$3,510	doesn't fit
Sell Coinbase International live order book, 4 min ago	3.13 bp	12.0 bp −$12	16.6 bp −$166	doesn't fit	doesn't fit

PEPE price on every exchange

against the cheapest. Click to use as the short leg.

GMX0.000004000cheapest

Variational Omni0.000004708+17.694%edgeX0.000004821+20.513%ApeX Omni0.000004847+21.175%Deribit0.000004853+21.325%HTX0.000004853+21.335%SoDEX0.000004858+21.450%Orderly0.000004860+21.490%

Coinbase International0.000004860+21.500%

Kraken Futures0.000004863+21.581%Phemex0.000004864+21.610%Aevo0.000004865+21.625%dYdX0.000004866+21.643%BloFin0.000004866+21.650%Backpack0.000004867+21.667%SunX0.000004867+21.680%Injective0.000004868+21.700%Pacifica0.000004875+21.875%Lighter0.000004882+22.050%Paradex0.000004885+22.124%BingX0.000004885+22.128%Gate0.000004890+22.250%Extended0.000004890+22.260%Aster0.000004894+22.358%01 Exchange0.000004908+22.700%Binance0.000004910+22.756%Bybit0.000004920+22.990%OKX0.000004925+23.125%Hyperliquid0.000004933+23.325%Nado0.000004935+23.366%KuCoin0.000004939+23.477%MEXC0.000004941+23.532%Reya0.000004943+23.571%

Bitget0.000004944+23.610%

gTrade (Gains Network)0.000004950+23.748%

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]	−19.100%	L +0.0470% / S −0.0732%	1h	$67K	—	100x	as long as short
Variational Omni 1000PEPE	−4.786%	+0.0100%	8h	$664K	$1.8M	—	as long as short
edgeX 1000PEPEUSDC	−2.506%	+0.0100%	4h	$28K	$325K	20x	as long as short
ApeX Omni 1000PEPEUSDT	−1.970%	+0.0100%	1h	$116K	$732K	25x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	−1.849%	−0.0162%	1h	$52K	$75K	25x	as long as short
HTX PEPE-USDT	−1.840%	+0.0100%	8h	$554K	$2.6M	75x	as long as short
SoDEX 1000PEPE-USD	−1.747%	+0.0746%	1h	$1K	$8K	10x	as long as short
Orderly PERP_1000PEPE_USDC	−1.715%	+0.0081%	8h	$30K	$4K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTXshort	−1.707%	+0.0272%	1h	$694K	$10.5M	50x
Kraken Futures PF_PEPEUSD	−1.642%	+0.0906%	1h	$3.2M	$8.9M	50x	as long as short

Show all 35 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex u1000PEPEUSDT	−1.618%	−0.0008%	8h	$2.5M	$5.3M	50x	as long as short
Aevo 1000PEPE-PERP	−1.606%	+0.0096%	1h	$138K	—	3x	as long as short
dYdX PEPE-USD	−1.591%	0.0000%	1h	$18K	—	10x	as long as short
BloFin PEPE-USDT	−1.586%	+0.0220%	8h	$3.2M	$14.3M	75x	as long as short
Backpack kPEPE_USDC_PERP	−1.571%	+0.1821%	1h	$128K	$247K	15x	as long as short
SunX 1000PEPE-USDT	−1.561%	+0.0100%	8h	$2K	$1.7M	20x	as long as short
Injective PEPE/USDC PERP	−1.545%	+0.0474%	1h	$42K	$68K	12x	as long as short
Pacifica kPEPE	−1.404%	+0.0100%	1h	$58K	$40K	10x	as long as short
Lighter 1000PEPE	−1.262%	+0.0856%	1h	$770K	$3.4M	10x	as long as short
Paradex kPEPE-USD-PERP	−1.203%	+0.0127%	8h	$5K	$52	20x	as long as short
BingX 1000PEPE-USDC	−1.199%	+0.0100%	8h	—	$2.3M	—	as long as short
Gate PEPE_USDT	−1.100%	+0.0100%	8h	$123.7M	$31.6M	75x	as long as short
Extended 1000PEPE-USD	−1.092%	+0.0104%	1h	$525K	$216K	25x	as long as short
Aster 1000PEPEUSDT	−1.013%	+0.0438%	8h	$1.5M	$3.3M	50x	as long as short
01 Exchange kPEPEUSD	−0.736%	+0.0968%	1h	$562	$1K	10x	as long as short
Binance 1000PEPEUSDT	−0.691%	+0.0100%	8h	$120.4M	$566.4M	75x	as long as short
Bybit 1000PEPEUSDT	−0.502%	+0.0100%	8h	$84.7M	$149.9M	50x	as long as short
OKX PEPE-USDT-SWAP	−0.392%	+0.0100%	8h	$37.3M	$299.3M	50x	as long as short
Hyperliquid kPEPE	−0.231%	+0.1290%	1h	$57.3M	$40.6M	10x	as long as short
Nado kPEPE-PERP	−0.198%	+0.0100%	1h	$249K	$491K	10x	as long as short
KuCoin PEPEUSDTM	−0.107%	+0.0100%	8h	$21.4M	$27.5M	75x	as long as short
MEXC PEPE_USDT	−0.063%	+0.0100%	8h	$113.6M	$222.9M	300x	as long as short
Reya kPEPERUSDPERP	−0.032%	+0.0188%	1h	$7K	—	15x	as long as short
Bitget PEPEUSDTlong	0.000%	+0.0100%	8h	$47.6M	$71.2M	75x
gTrade (Gains Network) PEPE/USD	+0.111%	L +0.0005% / S −0.0004%	1h	$20K	—	150x	as long as short