Spread before costs (cost unknown: a leg has no order-book sample)+0.501%
7d average—if it closes, per $10,000$50funding while held, a day+$24.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000PEPEUSDT | 0.000005026 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $89.2M | $245.7M | 50x |
| Short | Injective PEPE/USDC PERP | 0.000005051 | 0.0921 | get 0.0115% / 1h | 28m 51s | $5K | $67K | 12x |
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
- $50.14
- Funding while held
- $24.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $63.76
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0821%
- Per $10,000 a day
- +$24.64
- 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 | 17.3 bp −$173 | 37.3 bp −$3,734 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.PEPE on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni 1000PEPEUSDT | −1.250% | +0.0345% | 1h | $92K | $754K | 25x | as long as short |
| Variational Omni 1000PEPE | −0.857% | +0.0100% | 8h | $684K | $3.0M | — | as long as short |
| edgeX 1000PEPEUSDC | −0.725% | +0.0100% | 4h | $28K | $327K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | −0.513% | L +0.0303% / S −0.0319% | 1h | $49K | — | 100x | as long as short |
| dYdX PEPE-USD | −0.300% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Pacifica kPEPE | −0.175% | +0.0100% | 1h | $64K | $94K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.127% | +0.0493% | 8h | $6K | $52 | 20x | as long as short |
| Aster 1000PEPEUSDT | −0.064% | +0.0849% | 8h | $1.4M | $5.7M | 50x | as long as short |
| HTX PEPE-USDT | −0.022% | +0.0100% | 8h | $582K | $3.6M | 75x | as long as short |
| Bybit 1000PEPEUSDTlong | 0.000% | +0.0100% | 8h | $89.2M | $245.7M | 50x |
Bybit 1000PEPEUSDT
Injective PEPE/USDC PERP
ApeX Omni
Variational Omni
GMX
Pacifica
Paradex
Aster
HTX
Gate
OKX
MEXC
KuCoin
BingX
gTrade (Gains Network)
SoDEX
Binance
Bitget
Extended
BloFin
Backpack
Kraken Futures
Hyperliquid
Lighter
Deribit
Phemex
SunX
Coinbase International