Spread before costs (cost unknown: a leg has no order-book sample)+0.087%
7d average—if it closes, per $10,000$9funding while held, a day+$25.75
| 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 | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004972 | 0.0958 | get 0.0120% / 1h | 18m 24s | $84K | $96K | 25x |
Bybit 1000PEPEUSDT
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
- $8.66
- Funding while held
- $25.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $16.4
- Spread needed to break even
- 0.180%
Slippage unknown: Bybit: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0858%
- Per $10,000 a day
- +$25.75
- 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 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
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%
Gate
Paradex
Nado
Phemex
MEXC
Orderly
Reya
OKX
BitgetDeribit0.000004972+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%Coinbase International0.000004983+24.575%edgeX0.000004985+24.621%Variational Omni0.000004988+24.698%Injective0.000004993+24.825%
Binance
SunX
Extended
Hyperliquid
ApeX Omni
Aevo
Coinbase International
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 |