After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.053%7d average−0.138%fees + slippage, in and out−$44spread needed0.439%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004907 | 0.0795 | pay 0.0099% / 1h | 32m 22s | $56.5M | $52.8M | 10x |
| Short | Bybit 1000PEPEUSDT | 0.000004904 | 0.0100 | get 0.0100% / 8h | 7h 32m | $88.2M | $219.7M | 50x |
Hyperliquid kPEPE
Bybit 1000PEPEUSDTPrice 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
- −$5.3
- Funding while held
- −$20.85
- Slippage, 4 orders
- −$23.87
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.02
- Spread needed to break even
- 0.439%
Slippage from Hyperliquid: live order book, 13 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0695%
- Per $10,000 a day
- −$20.85
- 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, 13 min ago | 1.01 bp | 8.9 bp −$9 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.02 bp | 14.2 bp −$14 | 22.3 bp −$223 | 53.3 bp −$5,331 | 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%Gate0.000004899+22.475%gTrade (Gains Network)0.000004900+22.495%KuCoin0.000004901+22.528%Bitget0.000004903+22.580%BingX0.000004903+22.580%Pacifica0.000004904+22.600%
GMX
Injective
dYdX
Gate
gTrade (Gains Network)
KuCoin
Bitget
BingX
PacificaBybit0.000004904+22.610%
Paradex0.000004905+22.623%BloFin0.000004905+22.625%Aster0.000004905+22.632%Extended0.000004905+22.636%Nado0.000004905+22.636%OKX0.000004906+22.650%
Paradex
BloFin
Aster
Extended
Nado
OKXHyperliquid0.000004907+22.675%
Aevo0.000004907+22.675%Backpack0.000004907+22.680%Binance0.000004907+22.683%Phemex0.000004909+22.733%Kraken Futures0.000004910+22.747%SoDEX0.000004910+22.750%Reya0.000004910+22.758%HTX0.000004911+22.770%01 Exchange0.000004911+22.775%Deribit0.000004911+22.775%Lighter0.000004912+22.800%Coinbase International0.000004912+22.800%Orderly0.000004913+22.828%MEXC0.000004914+22.840%ApeX Omni0.000004915+22.875%Variational Omni0.000004916+22.908%edgeX0.000004916+22.909%SunX0.000004917+22.933%
Aevo
Backpack
Binance
Phemex
Kraken Futures
SoDEX
Reya
HTX
Deribit
Lighter
Coinbase International
Orderly
MEXC
ApeX Omni
Variational Omni
SunXPEPE 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] | −18.484% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | −0.408% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| dYdX PEPE-USD | −0.189% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Gate PEPE_USDT | −0.163% | +0.0100% | 8h | $139.2M | $49.7M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.147% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| KuCoin PEPEUSDTM | −0.120% | +0.0100% | 8h | $21.2M | $36.0M | 75x | as long as short |
| Bitget PEPEUSDT | −0.077% | +0.0100% | 8h | $40.5M | $107.0M | 75x | as long as short |
| BingX 1000PEPE-USDT | −0.077% | +0.0247% | 8h | — | $219.7M | — | as long as short |
| Pacifica kPEPE | −0.061% | +0.0100% | 1h | $60K | $73K | 10x | as long as short |
| Bybit 1000PEPEUSDTshort | −0.053% | +0.0100% | 8h | $88.2M | $219.7M | 50x |