After costs, if the gap returns to its 7d average, $10k+$5
spread now+0.321%7d average−0.118%fees + slippage, in and out−$38spread needed0.384%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004987 | 0.0680 | pay 0.0085% / 1h | 58m 28s | $55.6M | $58.6M | 10x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000005003 | 0.0496 | get 0.0062% / 1h | 58m 28s | $690K | $24.3M | 50x |
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTXPrice 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
- $32.08
- Funding while held
- −$5.51
- Slippage, 4 orders
- −$19.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$11.82
- Spread needed to break even
- 0.384%
Slippage from Hyperliquid: live order book, 6 min ago; Coinbase International: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0184%
- Per $10,000 a day
- −$5.51
- 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, 6 min ago | 1.00 bp | 5.5 bp −$6 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 5.01 bp | 11.9 bp −$12 | 15.4 bp −$154 | 42.1 bp −$4,212 | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Gate0.000004978+24.450%gTrade (Gains Network)0.000004980+24.500%BingX0.000004981+24.533%MEXC0.000004981+24.537%Bybit0.000004982+24.550%Bitget0.000004982+24.557%Extended0.000004983+24.575%Reya0.000004983+24.580%OKX0.000004984+24.600%Nado0.000004984+24.604%KuCoin0.000004984+24.605%ApeX Omni0.000004985+24.625%dYdX0.000004986+24.651%
GMX
Gate
gTrade (Gains Network)
BingX
MEXC
Bybit
Bitget
Extended
Reya
OKX
Nado
KuCoin
ApeX Omni
dYdXHyperliquid0.000004987+24.675%
01 Exchange0.000004987+24.675%Aster0.000004988+24.690%Orderly0.000004988+24.698%Binance0.000004988+24.703%Pacifica0.000004989+24.725%Paradex0.000004989+24.729%Aevo0.000004990+24.750%HTX0.000004992+24.788%Variational Omni0.000004993+24.816%Lighter0.000004993+24.825%SoDEX0.000004993+24.825%edgeX0.000004997+24.919%BloFin0.000004999+24.975%Backpack0.000005003+25.065%SunX0.000005003+25.075%
Aster
Orderly
Binance
Pacifica
Paradex
Aevo
HTX
Variational Omni
Lighter
SoDEX
BloFin
Backpack
SunXCoinbase International0.000005003+25.075%
Kraken Futures0.000005005+25.117%Deribit0.000005005+25.125%Phemex0.000005008+25.190%Injective0.000005024+25.600%
Kraken Futures
Deribit
Phemex
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] | −19.791% | L +0.0176% / S −0.0041% | 1h | $57K | — | 100x | as long as short |
| Gate PEPE_USDT | −0.180% | +0.0100% | 8h | $151.0M | $56.7M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.140% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| BingX 1000PEPE-USDT | −0.114% | +0.0700% | 8h | — | $250.0M | — | as long as short |
| MEXC PEPE_USDT | −0.110% | +0.0745% | 8h | $107.6M | $263.9M | 300x | as long as short |
| Bybit 1000PEPEUSDT | −0.100% | +0.0100% | 8h | $88.6M | $251.6M | 50x | as long as short |
| Bitget PEPEUSDT | −0.094% | +0.0100% | 8h | $47.0M | $132.9M | 75x | as long as short |
| Extended 1000PEPE-USD | −0.080% | +0.0744% | 1h | $550K | $145K | 25x | as long as short |
| Reya kPEPERUSDPERP | −0.076% | +0.0188% | 1h | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | −0.060% | +0.0100% | 8h | $43.7M | $476.9M | 50x | as long as short |