After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.308%7d average+0.037%fees + slippage, in and out−$38spread needed0.384%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000PEPEUSDT | 0.000004968 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $88.7M | $232.7M | 50x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000004983 | 0.0528 | get 0.0066% / 1h | 18m 23s | $679K | $23.1M | 50x |
Bybit 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTXPrice 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
- $30.8
- Funding while held
- $12.84
- Slippage, 4 orders
- −$17.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.29
- Spread needed to break even
- 0.384%
Slippage from Bybit: live order book, 2 min ago; Coinbase International: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0428%
- Per $10,000 a day
- +$12.84
- 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 Bybit live order book, 2 min ago | 1.00 bp | 9.1 bp −$9 | 15.3 bp −$153 | 41.1 bp −$4,106 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 4.01 bp | 11.2 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Backpack0.000004959+23.965%BloFin0.000004961+24.025%gTrade (Gains Network)0.000004964+24.090%HTX0.000004964+24.095%Pacifica0.000004964+24.100%Kraken Futures0.000004965+24.116%SoDEX0.000004965+24.125%Aster0.000004965+24.136%dYdX0.000004965+24.136%KuCoin0.000004966+24.160%BingX0.000004967+24.163%Lighter0.000004967+24.175%
GMX
Backpack
BloFin
gTrade (Gains Network)
HTX
Pacifica
Kraken Futures
SoDEX
Aster
dYdX
KuCoin
BingX
LighterBybit0.000004968+24.192%
Gate0.000004968+24.200%Paradex0.000004968+24.205%Nado0.000004968+24.208%Phemex0.000004969+24.220%MEXC0.000004969+24.238%Orderly0.000004970+24.245%Reya0.000004971+24.270%OKX0.000004971+24.275%Bitget0.000004971+24.275%Deribit0.000004972+24.300%01 Exchange0.000004973+24.325%Binance0.000004973+24.338%SunX0.000004974+24.353%Extended0.000004975+24.368%Hyperliquid0.000004975+24.375%ApeX Omni0.000004976+24.400%Aevo0.000004977+24.425%
Gate
Paradex
Nado
Phemex
MEXC
Orderly
Reya
OKX
Bitget
Deribit
Binance
SunX
Extended
Hyperliquid
ApeX Omni
AevoCoinbase International0.000004983+24.575%
edgeX0.000004985+24.621%Variational Omni0.000004988+24.698%Injective0.000004993+24.825%
Variational Omni
InjectivePEPE 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] | −19.480% | L +0.0183% / S −0.0027% | 1h | $60K | — | 100x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.183% | +0.0740% | 1h | $99K | $517K | 15x | as long as short |
| BloFin PEPE-USDT | −0.135% | +0.0220% | 8h | $4.0M | $19.3M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.083% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| HTX PEPE-USDT | −0.079% | +0.0100% | 8h | $587K | $3.6M | 75x | as long as short |
| Pacifica kPEPE | −0.074% | +0.0100% | 1h | $63K | $85K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | −0.062% | +0.1794% | 1h | $3.6M | $9.8M | 50x | as long as short |
| SoDEX 1000PEPE-USD | −0.054% | +0.0306% | 1h | $2K | $8K | 10x | as long as short |
| Aster 1000PEPEUSDT | −0.046% | +0.0846% | 8h | $1.4M | $5.4M | 50x | as long as short |
| dYdX PEPE-USD | −0.045% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |