After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.212%7d average+0.016%fees + slippage, in and out−$40spread needed0.404%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEPE_USDT | 0.000004906 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $139.4M | $49.7M | 75x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004916 | 0.0957 | get 0.0120% / 1h | 31m 59s | $105K | $472K | 15x |
Gate PEPE_USDT
Backpack kPEPE_USDC_PERPPrice 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
- $21.2
- Funding while held
- $25.72
- Slippage, 4 orders
- −$15.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $6.55
- Spread needed to break even
- 0.404%
Slippage from Gate: live order book, 3 min ago; Backpack: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0857%
- Per $10,000 a day
- +$25.72
- 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 Gate live order book, 3 min ago | 3.08 bp | 12.5 bp −$13 | 21.7 bp −$217 | 159.8 bp −$16.0K | doesn't fit |
| Sell Backpack live order book, 13 min ago | 1.42 bp | 6.7 bp −$7 | 24.3 bp −$243 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Injective0.000004887+22.175%dYdX0.000004898+22.444%gTrade (Gains Network)0.000004900+22.495%Pacifica0.000004904+22.600%Paradex0.000004905+22.623%Orderly0.000004905+22.625%BloFin0.000004905+22.625%Nado0.000004906+22.642%
GMX
Injective
dYdX
gTrade (Gains Network)
Pacifica
Paradex
Orderly
BloFin
NadoGate0.000004906+22.650%
HTX0.000004906+22.657%Aster0.000004907+22.674%Deribit0.000004907+22.675%Coinbase International0.000004907+22.675%Aevo0.000004908+22.700%Extended0.000004908+22.702%SoDEX0.000004909+22.725%Phemex0.000004909+22.733%Kraken Futures0.000004910+22.742%KuCoin0.000004910+22.748%Bitget0.000004910+22.758%Reya0.000004910+22.758%01 Exchange0.000004911+22.775%OKX0.000004912+22.800%SunX0.000004912+22.813%Bybit0.000004913+22.818%Lighter0.000004914+22.850%MEXC0.000004914+22.857%BingX0.000004914+22.862%ApeX Omni0.000004915+22.875%Variational Omni0.000004916+22.908%edgeX0.000004916+22.909%
HTX
Aster
Deribit
Coinbase International
Aevo
Extended
SoDEX
Phemex
Kraken Futures
KuCoin
Bitget
Reya
OKX
SunX
Bybit
Lighter
MEXC
BingX
ApeX Omni
Variational OmniBackpack0.000004916+22.910%
Binance0.000004917+22.922%Hyperliquid0.000004917+22.925%
Binance
HyperliquidPEPE 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] | −18.467% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | −0.387% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| dYdX PEPE-USD | −0.168% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.126% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| Pacifica kPEPE | −0.041% | +0.0100% | 1h | $60K | $73K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.022% | +0.0530% | 8h | $5K | $52 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | −0.020% | +0.0100% | 8h | $30K | $8K | 20x | as long as short |
| BloFin PEPE-USDT | −0.020% | +0.0220% | 8h | $4.1M | $18.4M | 75x | as long as short |
| Nado kPEPE-PERP | −0.007% | +0.0504% | 1h | $231K | $720K | 10x | as long as short |
| Gate PEPE_USDTlong | 0.000% | +0.0100% | 8h | $139.4M | $49.7M | 75x |