Spread before costs (cost unknown: a leg has no order-book sample)+0.202%
7d average—if it closes, per $10,000$20funding while held, a day+$25.82
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEPE_USDT | 0.000004952 | 0.0100 | pay 0.0100% / 8h | 5h 34m | $146.4M | $55.6M | 75x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004962 | 0.0961 | get 0.0120% / 1h | 34m 18s | $84K | $86K | 25x |
Gate PEPE_USDT
Deribit 1000PEPE_USDC-PERPETUALPrice 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
- $20.19
- Funding while held
- $25.82
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $24.01
- Spread needed to break even
- 0.220%
Slippage unknown: Gate: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0861%
- Per $10,000 a day
- +$25.82
- 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, 1 min ago | 2.02 bp | 12.4 bp −$12 | 18.0 bp −$180 | 78.0 bp −$7,804 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.GMX0.000004000cheapest
BloFin0.000004945+23.625%Backpack0.000004946+23.660%Phemex0.000004947+23.670%Coinbase International0.000004947+23.675%Paradex0.000004950+23.742%BingX0.000004950+23.745%dYdX0.000004951+23.775%
GMX
BloFin
Backpack
Phemex
Coinbase International
Paradex
BingX
dYdXGate0.000004952+23.800%
HTX0.000004954+23.842%Aster0.000004955+23.869%gTrade (Gains Network)0.000004955+23.873%Bybit0.000004956+23.900%Pacifica0.000004957+23.925%SoDEX0.000004958+23.950%Bitget0.000004959+23.972%Kraken Futures0.000004959+23.973%KuCoin0.000004959+23.988%OKX0.000004960+24.000%01 Exchange0.000004960+24.000%Extended0.000004960+24.001%Orderly0.000004960+24.010%Lighter0.000004961+24.025%Binance0.000004962+24.040%
HTX
Aster
gTrade (Gains Network)
Bybit
Pacifica
SoDEX
Bitget
Kraken Futures
KuCoin
OKX
Extended
Orderly
Lighter
BinanceDeribit0.000004962+24.050%
Nado0.000004962+24.054%MEXC0.000004962+24.055%Reya0.000004962+24.058%Hyperliquid0.000004964+24.100%Aevo0.000004964+24.100%SunX0.000004965+24.118%ApeX Omni0.000004974+24.350%Variational Omni0.000004977+24.417%edgeX0.000004984+24.593%Injective0.000004988+24.700%
Nado
MEXC
Reya
Hyperliquid
Aevo
SunX
ApeX Omni
Variational 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] | −19.225% | L +0.0179% / S −0.0030% | 1h | $65K | — | 100x | as long as short |
| BloFin PEPE-USDT | −0.141% | +0.0220% | 8h | $4.0M | $19.9M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.113% | +0.0593% | 1h | $96K | $533K | 15x | as long as short |
| Phemex u1000PEPEUSDT | −0.105% | +0.0454% | 8h | $2.5M | $6.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | −0.101% | +0.0512% | 1h | $671K | $23.6M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | −0.047% | +0.0455% | 8h | $6K | $52 | 20x | as long as short |
| BingX 1000PEPE-USDC | −0.044% | +0.0614% | 8h | — | $2.3M | — | as long as short |
| dYdX PEPE-USD | −0.020% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Gate PEPE_USDTlong | 0.000% | +0.0100% | 8h | $146.4M | $55.6M | 75x | |
| HTX PEPE-USDT | +0.034% | +0.0100% | 8h | $574K | $3.6M | 75x | as long as short |