Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average—if it closes, per $10,000$4funding while held, a day+$11.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEPE_USDT | 0.000004989 | 0.0100 | pay 0.0100% / 8h | 8m 58s | $139.4M | $45.8M | 75x |
| Short | Injective PEPE/USDC PERP | 0.000004991 | 0.0474 | get 0.0059% / 1h | 8m 58s | $40K | $74K | 12x |
Gate PEPE_USDT
Injective PEPE/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
- $4.01
- Funding while held
- $11.22
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $0.21
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0374%
- Per $10,000 a day
- +$11.22
- 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 | 3.02 bp | 13.7 bp −$14 | 20.5 bp −$205 | 94.4 bp −$9,444 | 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.GMX0.000004000cheapest
dYdX0.000004953+23.823%Pacifica0.000004958+23.950%Paradex0.000004971+24.286%HTX0.000004981+24.525%Reya0.000004987+24.680%Nado0.000004987+24.681%
GMX
dYdX
Pacifica
Paradex
HTX
Reya
NadoGate0.000004989+24.725%
KuCoin0.000004989+24.733%gTrade (Gains Network)0.000004991+24.770%01 Exchange0.000004991+24.775%
KuCoin
gTrade (Gains Network)Injective0.000004991+24.775%
Bitget0.000004991+24.782%Extended0.000004992+24.808%ApeX Omni0.000004993+24.825%MEXC0.000004993+24.838%BloFin0.000004994+24.850%Bybit0.000004994+24.857%Deribit0.000004996+24.900%OKX0.000004997+24.925%BingX0.000004998+24.943%SunX0.000004998+24.945%SoDEX0.000004998+24.950%Coinbase International0.000004999+24.975%Aevo0.000005000+25.000%Binance0.000005000+25.003%Phemex0.000005001+25.020%Orderly0.000005001+25.028%Backpack0.000005001+25.033%Aster0.000005002+25.052%Hyperliquid0.000005005+25.125%Lighter0.000005006+25.150%Kraken Futures0.000005006+25.153%edgeX0.000005012+25.296%Variational Omni0.000005035+25.882%
Bitget
Extended
ApeX Omni
MEXC
BloFin
Bybit
Deribit
OKX
BingX
SunX
SoDEX
Coinbase International
Aevo
Binance
Phemex
Orderly
Backpack
Aster
Hyperliquid
Lighter
Kraken Futures
Variational OmniPEPE 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] | −19.824% | L +0.0275% / S −0.0233% | 1h | $40K | — | 100x | as long as short |
| dYdX PEPE-USD | −0.724% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Pacifica kPEPE | −0.621% | +0.0100% | 1h | $58K | $61K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.352% | +0.0413% | 8h | $6K | $52 | 20x | as long as short |
| HTX PEPE-USDT | −0.160% | +0.0100% | 8h | $597K | $2.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | −0.036% | +0.0188% | 1h | $8K | — | 15x | as long as short |
| Nado kPEPE-PERP | −0.035% | +0.0413% | 1h | $244K | $613K | 10x | as long as short |
| Gate PEPE_USDTlong | 0.000% | +0.0100% | 8h | $139.4M | $45.8M | 75x | |
| KuCoin PEPEUSDTM | +0.006% | +0.0100% | 8h | $21.3M | $32.6M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | +0.036% | L +0.0005% / S −0.0004% | 1h | $20K | — | 150x | as long as short |