After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.109%7d average−0.014%fees + slippage, in and out−$53spread needed0.531%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International 1000PEPE-PERP-INTX | 0.000004899 | 0.0512 | pay 0.0064% / 1h | 54m 34s | $655K | $23.2M | 50x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004904 | 0.1114 | get 0.0139% / 1h | 54m 34s | $3.5M | $10.2M | 50x |
Coinbase International 1000PEPE-PERP-INTX
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
- $10.94
- Funding while held
- $18.05
- Slippage, 4 orders
- −$33.14
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.14
- Spread needed to break even
- 0.531%
Slippage from Coinbase International: live order book, 1 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0602%
- Per $10,000 a day
- +$18.05
- 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 Coinbase International live order book, 1 min ago | 4.08 bp | 13.3 bp −$13 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 3.88 bp | 8.9 bp −$9 | 17.4 bp −$174 | 158.7 bp −$15.9K | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
KuCoin0.000004884+22.108%MEXC0.000004885+22.123%Extended0.000004885+22.134%Reya0.000004885+22.136%Bybit0.000004886+22.148%OKX0.000004886+22.150%Bitget0.000004886+22.158%Gate0.000004888+22.200%Paradex0.000004888+22.212%Nado0.000004889+22.222%Pacifica0.000004889+22.225%dYdX0.000004889+22.229%01 Exchange0.000004890+22.250%Backpack0.000004890+22.250%Binance0.000004890+22.260%BingX0.000004891+22.275%Lighter0.000004892+22.300%Aster0.000004895+22.380%Phemex0.000004896+22.398%Hyperliquid0.000004897+22.425%gTrade (Gains Network)0.000004898+22.463%
GMX
KuCoin
MEXC
Extended
Reya
Bybit
OKX
Bitget
Gate
Paradex
Nado
Pacifica
dYdX
Backpack
Binance
BingX
Lighter
Aster
Phemex
Hyperliquid
gTrade (Gains Network)Coinbase International0.000004899+22.475%
Aevo0.000004900+22.500%Orderly0.000004901+22.528%SoDEX0.000004902+22.550%BloFin0.000004904+22.600%
Aevo
Orderly
SoDEX
BloFinKraken Futures0.000004904+22.609%
Variational Omni0.000004905+22.620%SunX0.000004905+22.630%HTX0.000004907+22.673%Deribit0.000004907+22.675%ApeX Omni0.000004912+22.800%edgeX0.000004913+22.825%Injective0.000004914+22.850%
Variational Omni
SunX
HTX
Deribit
ApeX 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] | −18.351% | L +0.0175% / S +0.0029% | 1h | $64K | — | 100x | as long as short |
| KuCoin PEPEUSDTM | −0.300% | +0.0100% | 8h | $22.4M | $39.3M | 75x | as long as short |
| MEXC PEPE_USDT | −0.288% | +0.0610% | 8h | $122.1M | $263.3M | 300x | as long as short |
| Extended 1000PEPE-USD | −0.279% | +0.0608% | 1h | $538K | $126K | 25x | as long as short |
| Reya kPEPERUSDPERP | −0.277% | +0.0188% | 1h | $7K | — | 15x | as long as short |
| Bybit 1000PEPEUSDT | −0.267% | +0.0100% | 8h | $86.8M | $241.3M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.265% | +0.0100% | 8h | $41.7M | $449.8M | 50x | as long as short |
| Bitget PEPEUSDT | −0.259% | +0.0100% | 8h | $46.8M | $123.7M | 75x | as long as short |
| Gate PEPE_USDT | −0.225% | +0.0100% | 8h | $144.2M | $54.4M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | −0.215% | +0.0456% | 8h | $5K | $52 | 20x | as long as short |