Spread before costs (cost unknown: a leg has no order-book sample)+0.063%
7d average—if it closes, per $10,000$6funding while held, a day−$6.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEPE-USDT | 0.000004779 | 0.0220 | pay 0.0220% / 8h | 41m 57s | $3.6M | $15.0M | 75x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004782 | 0 | get 0.0000% / 1h | 41m 57s | $63K | $79K | 25x |
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUALPrice 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
- $6.28
- Funding while held
- −$6.6
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$19.32
- Spread needed to break even
- 0.190%
Slippage unknown: BloFin: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0220%
- Per $10,000 a day
- −$6.60
- 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 BloFin live order book, 3 min ago | 9.36 bp | 15.4 bp −$15 | 16.8 bp −$168 | 21.5 bp −$2,153 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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
GMXBloFin0.000004779+19.475%
Deribit0.000004782+19.550%
dYdX0.000004784+19.588%HTX0.000004785+19.615%Kraken Futures0.000004788+19.700%Lighter0.000004792+19.800%Coinbase International0.000004793+19.825%gTrade (Gains Network)0.000004793+19.835%Reya0.000004794+19.839%Orderly0.000004794+19.845%OKX0.000004794+19.850%Nado0.000004794+19.852%Bybit0.000004796+19.908%Pacifica0.000004800+20.000%SunX0.000004802+20.047%Phemex0.000004802+20.060%SoDEX0.000004803+20.075%Aster0.000004803+20.081%Gate0.000004804+20.100%ApeX Omni0.000004805+20.125%Paradex0.000004805+20.137%BingX0.000004806+20.148%Extended0.000004806+20.157%Bitget0.000004806+20.158%KuCoin0.000004807+20.168%Injective0.000004808+20.200%Backpack0.000004810+20.255%MEXC0.000004811+20.287%Binance0.000004812+20.300%Hyperliquid0.000004813+20.325%edgeX0.000004815+20.382%01 Exchange0.000004817+20.425%Aevo0.000004828+20.700%Variational Omni0.000004844+21.099%
dYdX
HTX
Kraken Futures
Lighter
Coinbase International
gTrade (Gains Network)
Reya
Orderly
OKX
Nado
Bybit
Pacifica
SunX
Phemex
SoDEX
Aster
Gate
ApeX Omni
Paradex
BingX
Extended
Bitget
KuCoin
Injective
Backpack
MEXC
Binance
Hyperliquid
Aevo
Variational 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] | −16.300% | L +0.0272% / S −0.0213% | 1h | $40K | — | 100x | as long as short |
| BloFin PEPE-USDTlong | 0.000% | +0.0220% | 8h | $3.6M | $15.0M | 75x | |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.063% | 0.0000% | 1h | $63K | $79K | 25x | |
| dYdX PEPE-USD | +0.095% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| HTX PEPE-USDT | +0.117% | +0.0100% | 8h | $553K | $2.6M | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.189% | +0.0920% | 1h | $3.2M | $9.2M | 50x | as long as short |
| Lighter 1000PEPE | +0.272% | +0.0928% | 1h | $640K | $4.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.293% | +0.0272% | 1h | $603K | $12.9M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | +0.301% | L +0.0005% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Reya kPEPERUSDPERP | +0.305% | +0.0188% | 1h | $7K | — | 15x | as long as short |