After costs, if the gap returns to its 7d average, $10k−$30
spread now+0.256%7d average+0.024%fees + slippage, in and out−$54spread needed0.536%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 1000PEPEUSDT | 0.000004922 | 0.0100 | pay 0.0100% / 8h | 6h 53m | $88.5M | $223.8M | 50x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004934 | 0.1805 | get 0.0226% / 1h | 53m 53s | $3.5M | $9.9M | 50x |
Bybit 1000PEPEUSDT
Kraken Futures PF_PEPEUSDPrice 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
- $25.58
- Funding while held
- $51.15
- Slippage, 4 orders
- −$32.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $23.17
- Spread needed to break even
- 0.536%
Slippage from Bybit: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1705%
- Per $10,000 a day
- +$51.15
- 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 | 1.02 bp | 9.3 bp −$9 | 15.8 bp −$158 | 42.4 bp −$4,238 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 6.70 bp | 11.7 bp −$12 | 13.8 bp −$138 | 92.5 bp −$9,248 | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Injective0.000004892+22.300%dYdX0.000004910+22.750%Variational Omni0.000004911+22.768%Nado0.000004911+22.771%Paradex0.000004913+22.814%Pacifica0.000004914+22.850%HTX0.000004918+22.950%edgeX0.000004919+22.969%ApeX Omni0.000004921+23.025%
GMX
Injective
dYdX
Variational Omni
Nado
Paradex
Pacifica
HTX
ApeX OmniBybit0.000004922+23.048%
OKX0.000004922+23.050%Gate0.000004922+23.050%01 Exchange0.000004922+23.050%BingX0.000004924+23.093%Bitget0.000004924+23.095%BloFin0.000004924+23.100%Binance0.000004927+23.170%Reya0.000004927+23.172%Aevo0.000004927+23.175%KuCoin0.000004928+23.190%Extended0.000004929+23.224%MEXC0.000004930+23.243%gTrade (Gains Network)0.000004930+23.243%Aster0.000004931+23.270%SunX0.000004931+23.270%SoDEX0.000004933+23.325%Orderly0.000004934+23.345%
OKX
Gate
BingX
Bitget
BloFin
Binance
Reya
Aevo
KuCoin
Extended
MEXC
gTrade (Gains Network)
Aster
SunX
SoDEX
OrderlyKraken Futures0.000004934+23.362%
Backpack0.000004934+23.362%Deribit0.000004935+23.375%Coinbase International0.000004936+23.400%Phemex0.000004936+23.410%Hyperliquid0.000004938+23.450%Lighter0.000004938+23.450%
Backpack
Deribit
Coinbase International
Phemex
Hyperliquid
LighterPEPE 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] | −18.731% | L +0.0191% / S −0.0045% | 1h | $57K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | −0.607% | −0.0669% | 1h | $40K | $47K | 12x | as long as short |
| dYdX PEPE-USD | −0.242% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Variational Omni 1000PEPE | −0.227% | +0.0100% | 8h | $855K | $2.8M | — | as long as short |
| Nado kPEPE-PERP | −0.225% | +0.0100% | 1h | $222K | $736K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.190% | +0.0497% | 8h | $5K | $52 | 20x | as long as short |
| Pacifica kPEPE | −0.161% | +0.0100% | 1h | $61K | $80K | 10x | as long as short |
| HTX PEPE-USDT | −0.079% | +0.0100% | 8h | $581K | $3.6M | 75x | as long as short |
| edgeX 1000PEPEUSDC | −0.064% | +0.0100% | 4h | $28K | $335K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.018% | +0.0595% | 1h | $91K | $752K | 25x | as long as short |