Spread before costs (cost unknown: a leg has no order-book sample)−0.041%
7d average—if it closes, per $10,000$4funding while held, a day+$13.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004932 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $45.6M | $114.0M | 75x |
| Short | Paradex kPEPE-USD-PERP | 0.000004930 | 0.0536 | get 0.0536% / 8h | 7h 13m | $6K | $52 | 20x |
Bitget PEPEUSDT
Paradex kPEPE-USD-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
- −$4.12
- Funding while held
- $13.08
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$7.04
- Spread needed to break even
- 0.160%
Slippage unknown: Bitget: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0436%
- Per $10,000 a day
- +$13.08
- 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 | 0.91 bp | 9.6 bp −$10 | 19.2 bp −$192 | 44.4 bp −$4,438 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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
Variational Omni0.000004879+21.969%Phemex0.000004916+22.890%HTX0.000004918+22.948%Backpack0.000004918+22.960%Deribit0.000004924+23.100%SoDEX0.000004925+23.125%Gate0.000004925+23.125%Injective0.000004925+23.125%SunX0.000004925+23.127%Kraken Futures0.000004926+23.147%dYdX0.000004927+23.182%Pacifica0.000004928+23.200%gTrade (Gains Network)0.000004928+23.210%Bybit0.000004929+23.225%Orderly0.000004929+23.230%
GMX
Variational Omni
Phemex
HTX
Backpack
Deribit
SoDEX
Gate
Injective
SunX
Kraken Futures
dYdX
Pacifica
gTrade (Gains Network)
Bybit
OrderlyParadex0.000004930+23.254%
KuCoin0.000004931+23.275%Aevo0.000004931+23.275%BingX0.000004931+23.280%
KuCoin
Aevo
BingXBitget0.000004932+23.305%
OKX0.000004933+23.325%Coinbase International0.000004933+23.325%Lighter0.000004934+23.350%BloFin0.000004934+23.350%Extended0.000004934+23.350%Reya0.000004935+23.364%Binance0.000004935+23.365%Nado0.000004936+23.391%edgeX0.000004936+23.398%Hyperliquid0.000004936+23.400%MEXC0.000004937+23.415%Aster0.000004937+23.433%ApeX Omni0.000004939+23.475%01 Exchange0.000004941+23.525%
OKX
Coinbase International
Lighter
BloFin
Extended
Reya
Binance
Nado
Hyperliquid
MEXC
Aster
ApeX OmniPEPE 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] | −18.900% | L +0.0291% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Variational Omni 1000PEPE | −1.083% | +0.0100% | 8h | $820K | $2.7M | — | as long as short |
| Phemex u1000PEPEUSDT | −0.337% | +0.0667% | 8h | $2.5M | $5.9M | 50x | as long as short |
| HTX PEPE-USDT | −0.290% | +0.0100% | 8h | $571K | $3.7M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.280% | +0.1164% | 1h | $98K | $490K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | −0.166% | +0.0970% | 1h | $83K | $96K | 25x | as long as short |
| SoDEX 1000PEPE-USD | −0.146% | +0.0685% | 1h | $1K | $8K | 10x | as long as short |
| Gate PEPE_USDT | −0.146% | +0.0100% | 8h | $141.1M | $51.1M | 75x | as long as short |
| Injective PEPE/USDC PERP | −0.146% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| SunX 1000PEPE-USDT | −0.144% | +0.0100% | 8h | $2K | $2.3M | 20x | as long as short |