After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.051%7d average−0.125%fees + slippage, in and out−$33spread needed0.329%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004936 | 0.0610 | pay 0.0076% / 1h | 42m 11s | $56.6M | $53.1M | 10x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004934 | 0.0795 | get 0.0099% / 1h | 42m 11s | $94K | $505K | 15x |
Hyperliquid kPEPE
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
- −$5.06
- Funding while held
- $5.57
- Slippage, 4 orders
- −$13.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$32.41
- Spread needed to break even
- 0.329%
Slippage from Hyperliquid: live order book, 3 min ago; Backpack: live order book, 63 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0186%
- Per $10,000 a day
- +$5.57
- 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 Hyperliquid live order book, 3 min ago | 2.01 bp | 8.8 bp −$9 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 63 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
01 Exchange0.000004926+23.150%Paradex0.000004929+23.233%Gate0.000004930+23.250%Nado0.000004930+23.252%Aster0.000004930+23.255%OKX0.000004931+23.275%KuCoin0.000004932+23.288%dYdX0.000004932+23.301%BingX0.000004932+23.310%Bybit0.000004933+23.315%Bitget0.000004933+23.323%SoDEX0.000004933+23.325%
GMX
Paradex
Gate
Nado
Aster
OKX
KuCoin
dYdX
BingX
Bybit
Bitget
SoDEXBackpack0.000004934+23.338%
MEXC0.000004935+23.375%gTrade (Gains Network)0.000004935+23.375%
MEXC
gTrade (Gains Network)Hyperliquid0.000004936+23.400%
Reya0.000004937+23.427%Extended0.000004937+23.436%Aevo0.000004938+23.450%Kraken Futures0.000004939+23.473%Deribit0.000004940+23.500%Orderly0.000004940+23.513%Binance0.000004941+23.530%Lighter0.000004942+23.550%Coinbase International0.000004942+23.550%Pacifica0.000004943+23.575%SunX0.000004945+23.618%Phemex0.000004946+23.648%Injective0.000004948+23.700%HTX0.000004954+23.852%BloFin0.000004955+23.875%edgeX0.000004958+23.952%ApeX Omni0.000004959+23.975%Variational Omni0.000004974+24.342%
Reya
Extended
Aevo
Kraken Futures
Deribit
Orderly
Binance
Lighter
Coinbase International
Pacifica
SunX
Phemex
Injective
HTX
BloFin
ApeX Omni
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] | −18.963% | L +0.0188% / S +0.0038% | 1h | $67K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | −0.203% | +0.0696% | 1h | $564 | $2K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.135% | +0.0491% | 8h | $6K | $52 | 20x | as long as short |
| Gate PEPE_USDT | −0.122% | +0.0100% | 8h | $142.8M | $52.1M | 75x | as long as short |
| Nado kPEPE-PERP | −0.120% | +0.0124% | 1h | $208K | $740K | 10x | as long as short |
| Aster 1000PEPEUSDT | −0.117% | +0.0846% | 8h | $1.4M | $5.4M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.101% | +0.0100% | 8h | $42.3M | $439.2M | 50x | as long as short |
| KuCoin PEPEUSDTM | −0.091% | +0.0100% | 8h | $21.6M | $37.6M | 75x | as long as short |
| dYdX PEPE-USD | −0.080% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| BingX 1000PEPE-USDT | −0.073% | +0.0462% | 8h | — | $235.2M | — | as long as short |