After costs, if the gap returns to its 7d average, $10k−$14
spread now+0.455%7d average−0.032%fees + slippage, in and out−$63spread needed0.630%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004942 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $46.3M | $114.5M | 75x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004964 | 0.2370 | get 0.0296% / 1h | 3m 17s | $3.5M | $10.0M | 50x |
Bitget PEPEUSDT
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
- $45.45
- Funding while held
- $68.1
- Slippage, 4 orders
- −$41.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $50.53
- Spread needed to break even
- 0.630%
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.2270%
- Per $10,000 a day
- +$68.10
- 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 | 1.92 bp | 11.5 bp −$11 | 16.6 bp −$166 | 22.5 bp −$2,250 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 11.12 bp | 20.9 bp −$21 | 27.1 bp −$271 | 121.9 bp −$12.2K | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
ApeX Omni0.000004903+22.575%Variational Omni0.000004908+22.705%KuCoin0.000004927+23.188%Injective0.000004929+23.225%Gate0.000004932+23.300%gTrade (Gains Network)0.000004934+23.348%BingX0.000004935+23.375%Hyperliquid0.000004936+23.400%01 Exchange0.000004936+23.400%Bybit0.000004938+23.445%Reya0.000004938+23.445%edgeX0.000004938+23.446%BloFin0.000004939+23.475%MEXC0.000004940+23.497%dYdX0.000004940+23.510%Binance0.000004940+23.513%Paradex0.000004941+23.535%
GMX
ApeX Omni
Variational Omni
KuCoin
Injective
Gate
gTrade (Gains Network)
BingX
Hyperliquid
Bybit
Reya
BloFin
MEXC
dYdX
Binance
ParadexBitget0.000004942+23.540%
OKX0.000004942+23.550%Phemex0.000004943+23.570%Nado0.000004943+23.574%HTX0.000004943+23.575%Aster0.000004944+23.596%Orderly0.000004944+23.598%Aevo0.000004944+23.600%Deribit0.000004946+23.650%Pacifica0.000004948+23.700%Backpack0.000004949+23.713%Lighter0.000004953+23.825%SunX0.000004956+23.905%Extended0.000004957+23.919%SoDEX0.000004957+23.925%
OKX
Phemex
Nado
HTX
Aster
Orderly
Aevo
Deribit
Pacifica
Backpack
Lighter
SunX
Extended
SoDEXKraken Futures0.000004964+24.102%
Coinbase International0.000004973+24.325%
Coinbase InternationalPEPE 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] | −19.055% | L +0.0296% / S −0.0244% | 1h | $48K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.781% | +0.0552% | 1h | $91K | $752K | 25x | as long as short |
| Variational Omni 1000PEPE | −0.676% | +0.0100% | 8h | $829K | $2.8M | — | as long as short |
| KuCoin PEPEUSDTM | −0.285% | +0.0100% | 8h | $21.4M | $37.0M | 75x | as long as short |
| Injective PEPE/USDC PERP | −0.255% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| Gate PEPE_USDT | −0.194% | +0.0100% | 8h | $141.9M | $51.7M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.156% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| BingX 1000PEPE-USDT | −0.134% | +0.0389% | 8h | — | $234.5M | — | as long as short |
| Hyperliquid kPEPE | −0.113% | +0.0746% | 1h | $56.7M | $52.9M | 10x | as long as short |
| 01 Exchange kPEPEUSD | −0.113% | +0.0888% | 1h | $565 | $2K | 10x | as long as short |