Spread before costs (cost unknown: a leg has no order-book sample)+2.140%
7d average—if it closes, per $10,000$214funding while held, a day−$5.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.0303% / S −0.0294% | pay 0.0038% / 1h | 55m 57s | $48K | — | 100x |
| Short | Injective PEPE/USDC PERP | 0.000005107 | 0.0123 | get 0.0015% / 1h | 55m 57s | $41K | $58K | 12x |
GMX PEPE/USD [ETH-USDC]
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
- $214
- Funding while held
- −$5.4
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $196.58
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0180%
- Per $10,000 a day
- −$5.40
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and 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.Variational Omni0.000004998cheapest
Variational OmniGMX0.000005000+0.050%
edgeX0.000005041+0.870%BingX0.000005087+1.786%Gate0.000005087+1.790%Bybit0.000005089+1.822%gTrade (Gains Network)0.000005090+1.848%HTX0.000005090+1.850%dYdX0.000005092+1.888%Extended0.000005092+1.892%Paradex0.000005093+1.905%ApeX Omni0.000005093+1.910%Binance0.000005093+1.920%OKX0.000005094+1.930%Reya0.000005095+1.943%BloFin0.000005095+1.950%Pacifica0.000005097+1.990%Bitget0.000005097+1.998%MEXC0.000005098+2.002%KuCoin0.000005099+2.025%SoDEX0.000005099+2.031%SunX0.000005099+2.035%Aevo0.000005100+2.051%Deribit0.000005100+2.051%Coinbase International0.000005100+2.051%Backpack0.000005101+2.065%Phemex0.000005102+2.095%Kraken Futures0.000005103+2.105%Nado0.000005104+2.141%Hyperliquid0.000005105+2.151%Orderly0.000005106+2.169%Aster0.000005106+2.175%
BingX
Gate
Bybit
gTrade (Gains Network)
HTX
dYdX
Extended
Paradex
ApeX Omni
Binance
OKX
Reya
BloFin
Pacifica
Bitget
MEXC
KuCoin
SoDEX
SunX
Aevo
Deribit
Coinbase International
Backpack
Phemex
Kraken Futures
Nado
Hyperliquid
Orderly
AsterInjective0.000005107+2.191%
Lighter0.000005109+2.231%01 Exchange0.000005114+2.331%
LighterPEPE on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni 1000PEPE | −0.050% | +0.0100% | 8h | $936K | $2.6M | — | as long as short |
| GMX PEPE/USD [ETH-USDC]long | 0.000% | L +0.0303% / S −0.0294% | 1h | $48K | — | 100x | |
| edgeX 1000PEPEUSDC | +0.820% | +0.0100% | 4h | $29K | $343K | 20x | as long as short |
| BingX 1000PEPE-USDC | +1.736% | +0.0100% | 8h | — | $2.3M | — | as long as short |
| Gate PEPE_USDT | +1.740% | +0.0100% | 8h | $142.4M | $47.1M | 75x | as long as short |
| Bybit 1000PEPEUSDT | +1.772% | +0.0100% | 8h | $90.4M | $206.6M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | +1.798% | L +0.0005% / S −0.0005% | 1h | $3K | — | 150x | as long as short |
| HTX PEPE-USDT | +1.800% | +0.0100% | 8h | $660K | $3.3M | 75x | as long as short |
| dYdX PEPE-USD | +1.838% | 0.0000% | 1h | $19K | $95 | 10x | as long as short |
| Extended 1000PEPE-USD | +1.842% | +0.0136% | 1h | $543K | $236K | 25x | as long as short |