Spread before costs (cost unknown: a leg has no order-book sample)−1.322%
7d average—if it closes, per $10,000$132funding while held, a day+$5.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000PEPEUSDT | 0.000005067 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $89.9M | $204.2M | 50x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.0296% / S −0.0277% | get 0.0035% / 1h | 58m 54s | $46K | — | 100x |
Bybit 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]Price 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
- −$132.23
- Funding while held
- $5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$149.91
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0177%
- Per $10,000 a day
- +$5.32
- 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 | 0.99 bp | 9.1 bp −$9 | 19.9 bp −$199 | 51.5 bp −$5,153 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Variational Omni0.000004998cheapest
Variational OmniGMX0.000005000+0.050%
edgeX0.000005041+0.870%ApeX Omni0.000005048+1.010%OKX0.000005058+1.210%Gate0.000005059+1.230%MEXC0.000005066+1.366%BingX0.000005066+1.376%gTrade (Gains Network)0.000005066+1.378%
ApeX Omni
OKX
Gate
MEXC
BingX
gTrade (Gains Network)Bybit0.000005067+1.390%
Deribit0.000005070+1.450%Binance0.000005070+1.458%Bitget0.000005071+1.474%Hyperliquid0.000005072+1.490%SoDEX0.000005072+1.490%Extended0.000005073+1.501%Aevo0.000005075+1.550%KuCoin0.000005075+1.558%SunX0.000005075+1.558%Kraken Futures0.000005075+1.559%Coinbase International0.000005076+1.570%dYdX0.000005080+1.660%Paradex0.000005081+1.661%Backpack0.000005081+1.676%Orderly0.000005082+1.688%Aster0.000005085+1.749%Pacifica0.000005089+1.830%Injective0.000005089+1.830%Reya0.000005089+1.837%BloFin0.000005090+1.850%Phemex0.000005090+1.852%Lighter0.000005091+1.870%Nado0.000005097+1.992%HTX0.000005110+2.259%01 Exchange0.000005120+2.451%
Deribit
Binance
Bitget
Hyperliquid
SoDEX
Extended
Aevo
KuCoin
SunX
Kraken Futures
Coinbase International
dYdX
Paradex
Backpack
Orderly
Aster
Pacifica
Injective
Reya
BloFin
Phemex
Lighter
Nado
HTXPEPE on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni 1000PEPE | −1.371% | +0.0100% | 8h | $936K | $2.6M | — | as long as short |
| GMX PEPE/USD [ETH-USDC]short | −1.322% | L +0.0296% / S −0.0277% | 1h | $46K | — | 100x | |
| edgeX 1000PEPEUSDC | −0.513% | +0.0100% | 4h | $29K | $343K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.375% | +0.0301% | 1h | $94K | $750K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | −0.178% | +0.0100% | 8h | $43.8M | $412.1M | 50x | as long as short |
| Gate PEPE_USDT | −0.158% | +0.0100% | 8h | $141.4M | $46.6M | 75x | as long as short |
| MEXC PEPE_USDT | −0.024% | +0.0100% | 8h | $118.3M | $246.0M | 300x | as long as short |
| BingX 1000PEPE-USDT | −0.014% | +0.0100% | 8h | — | $198.7M | — | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.012% | L +0.0005% / S −0.0005% | 1h | $3K | — | 150x | as long as short |
| Bybit 1000PEPEUSDTlong | 0.000% | +0.0100% | 8h | $89.9M | $204.2M | 50x |