Spread before costs (cost unknown: a leg has no order-book sample)−2.090%
7d average—if it closes, per $10,000$209funding while held, a day−$6.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004789 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $45.7M | $69.1M | 75x |
| Short | Injective PEPE/USDC PERP | 0.000004689 | −0.0104 | pay 0.0013% / 1h | 0m 16s | $41K | $39K | 12x |
Bitget PEPEUSDT
Injective PEPE/USDC PERPPrice 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
- −$209.02
- Funding while held
- −$6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$227.15
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0204%
- Per $10,000 a day
- −$6.11
- 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, 5 min ago | 3.75 bp | 12.2 bp −$12 | 16.2 bp −$162 | 24.8 bp −$2,477 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.GMX0.000004000cheapest
ApeX Omni0.000004626+15.650%edgeX0.000004630+15.740%
GMX
ApeX OmniInjective0.000004689+17.225%
Variational Omni0.000004708+17.694%BloFin0.000004745+18.625%Backpack0.000004769+19.220%Pacifica0.000004773+19.325%Phemex0.000004773+19.335%dYdX0.000004774+19.356%Paradex0.000004776+19.388%OKX0.000004777+19.425%Bybit0.000004777+19.428%Aevo0.000004780+19.500%Deribit0.000004783+19.575%gTrade (Gains Network)0.000004784+19.610%BingX0.000004785+19.620%Gate0.000004785+19.625%SoDEX0.000004785+19.625%Coinbase International0.000004785+19.625%Binance0.000004785+19.637%Extended0.000004786+19.639%Orderly0.000004786+19.655%Reya0.000004787+19.676%Aster0.000004787+19.683%Kraken Futures0.000004787+19.686%HTX0.000004788+19.693%
Variational Omni
BloFin
Backpack
Pacifica
Phemex
dYdX
Paradex
OKX
Bybit
Aevo
Deribit
gTrade (Gains Network)
BingX
Gate
SoDEX
Coinbase International
Binance
Extended
Orderly
Reya
Aster
Kraken Futures
HTXBitget0.000004789+19.727%
KuCoin0.000004789+19.735%SunX0.000004790+19.742%Lighter0.000004790+19.750%01 Exchange0.000004790+19.750%Nado0.000004790+19.752%Hyperliquid0.000004793+19.825%MEXC0.000004795+19.873%
KuCoin
SunX
Lighter
Nado
Hyperliquid
MEXCPEPE 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] | −16.477% | L +0.0506% / S −0.0840% | 1h | $74K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | −3.406% | +0.0100% | 1h | $111K | $729K | 25x | as long as short |
| edgeX 1000PEPEUSDC | −3.330% | +0.0100% | 4h | $27K | $327K | 20x | as long as short |
| Injective PEPE/USDC PERPshort | −2.090% | −0.0104% | 1h | $41K | $39K | 12x | |
| Variational Omni 1000PEPE | −1.698% | +0.0100% | 8h | $664K | $1.8M | — | as long as short |
| BloFin PEPE-USDT | −0.921% | +0.0220% | 8h | $3.2M | $13.8M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.424% | +0.0318% | 1h | $132K | $224K | 15x | as long as short |
| Pacifica kPEPE | −0.336% | +0.0100% | 1h | $57K | $37K | 10x | as long as short |
| Phemex u1000PEPEUSDT | −0.328% | +0.0044% | 8h | $2.4M | $5.3M | 50x | as long as short |
| dYdX PEPE-USD | −0.310% | 0.0000% | 1h | $18K | — | 10x | as long as short |