Spread before costs (cost unknown: a leg has no order-book sample)−18.963%
7d average—if it closes, per $10,000$1896funding while held, a day−$9.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004936 | 0.0531 | pay 0.0066% / 1h | 45m 17s | $55.1M | $56.7M | 10x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0281% / S −0.0213% | get 0.0027% / 1h | 45m 17s | $48K | — | 100x |
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]Price 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
- −$1,896.27
- Funding while held
- −$9.56
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,926.83
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 10 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0319%
- Per $10,000 a day
- −$9.56
- 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, 10 min ago | 3.07 bp | 9.5 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
edgeX0.000004908+22.702%ApeX Omni0.000004914+22.850%Variational Omni0.000004915+22.866%Backpack0.000004922+23.055%Aster0.000004925+23.121%Bybit0.000004926+23.153%Phemex0.000004926+23.158%gTrade (Gains Network)0.000004927+23.163%Pacifica0.000004927+23.175%Aevo0.000004927+23.175%dYdX0.000004927+23.176%Extended0.000004927+23.181%KuCoin0.000004928+23.195%SoDEX0.000004928+23.200%Bitget0.000004928+23.205%Nado0.000004928+23.208%MEXC0.000004929+23.215%Gate0.000004929+23.225%BloFin0.000004929+23.225%Paradex0.000004929+23.235%Kraken Futures0.000004930+23.244%Orderly0.000004930+23.252%OKX0.000004931+23.275%BingX0.000004931+23.280%Binance0.000004931+23.285%HTX0.000004932+23.295%Lighter0.000004932+23.300%Deribit0.000004932+23.300%Reya0.000004933+23.320%Coinbase International0.000004933+23.325%
ApeX Omni
Variational Omni
Backpack
Aster
Bybit
Phemex
gTrade (Gains Network)
Pacifica
Aevo
dYdX
Extended
KuCoin
SoDEX
Bitget
Nado
MEXC
Gate
BloFin
Paradex
Kraken Futures
Orderly
OKX
BingX
Binance
HTX
Lighter
Deribit
Reya
Coinbase InternationalHyperliquid0.000004936+23.400%
01 Exchange0.000004937+23.425%SunX0.000004938+23.442%Injective0.000004956+23.900%
SunX
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]short | −18.963% | L +0.0281% / S −0.0213% | 1h | $48K | — | 100x | |
| edgeX 1000PEPEUSDC | −0.565% | +0.0100% | 4h | $27K | $326K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.446% | +0.0602% | 1h | $91K | $751K | 25x | as long as short |
| Variational Omni 1000PEPE | −0.433% | +0.0100% | 8h | $704K | $3.1M | — | as long as short |
| Backpack kPEPE_USDC_PERP | −0.280% | +0.0116% | 1h | $99K | $528K | 15x | as long as short |
| Aster 1000PEPEUSDT | −0.226% | +0.0826% | 8h | $1.3M | $5.6M | 50x | as long as short |
| Bybit 1000PEPEUSDT | −0.201% | +0.0100% | 8h | $87.6M | $242.4M | 50x | as long as short |
| Phemex u1000PEPEUSDT | −0.197% | +0.0391% | 8h | $2.5M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.192% | L +0.0006% / S −0.0006% | 1h | $18K | — | 150x | as long as short |
| Pacifica kPEPE | −0.182% | +0.0100% | 1h | $63K | $89K | 10x | as long as short |