Spread before costs (cost unknown: a leg has no order-book sample)−0.162%
7d average—if it closes, per $10,000$16funding while held, a day−$10.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004316 | 0.0245 | pay 0.0031% / 1h | 52m 20s | $48.5M | $35.7M | 10x |
| Short | Injective PEPE/USDC PERP | 0.000004309 | −0.0104 | pay 0.0013% / 1h | 52m 20s | $16K | $39K | 12x |
Hyperliquid kPEPE
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
- −$16.22
- Funding while held
- −$10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$35.69
- Spread needed to break even
- 0.090%
Slippage unknown: Hyperliquid: live order book, 13 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0348%
- Per $10,000 a day
- −$10.45
- 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 | 2.33 bp | 9.0 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.GMX0.000004000cheapest
Reya0.000004308+7.691%Nado0.000004308+7.709%KuCoin0.000004309+7.725%
GMX
Reya
Nado
KuCoinInjective0.000004309+7.725%
BloFin0.000004309+7.725%gTrade (Gains Network)0.000004310+7.763%MEXC0.000004311+7.768%Phemex0.000004311+7.768%BingX0.000004311+7.770%Aevo0.000004311+7.775%Coinbase International0.000004311+7.775%Orderly0.000004312+7.788%Binance0.000004312+7.797%Bybit0.000004312+7.800%Paradex0.000004312+7.804%Backpack0.000004313+7.818%Extended0.000004313+7.818%OKX0.000004313+7.825%Gate0.000004313+7.825%Bitget0.000004314+7.838%Deribit0.000004314+7.850%HTX0.000004314+7.852%Kraken Futures0.000004315+7.871%Pacifica0.000004315+7.875%SoDEX0.000004315+7.875%
BloFin
gTrade (Gains Network)
MEXC
Phemex
BingX
Aevo
Coinbase International
Orderly
Binance
Bybit
Paradex
Backpack
Extended
OKX
Gate
Bitget
Deribit
HTX
Kraken Futures
Pacifica
SoDEXHyperliquid0.000004316+7.900%
dYdX0.000004316+7.909%Lighter0.000004317+7.925%ApeX Omni0.000004319+7.975%Aster0.000004320+7.988%SunX0.000004320+8.008%edgeX0.000004324+8.109%Variational Omni0.000004325+8.132%
dYdX
Lighter
ApeX Omni
Aster
SunX
Variational OmniPEPE on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX PEPE/USD [ETH-USDC] | −7.322% | L +0.0364% / S −0.0445% | 1h | $47K | — | 100x | as long as short |
| Reya kPEPERUSDPERP | −0.194% | +0.0188% | 1h | $7K | — | 15x | as long as short |
| Nado kPEPE-PERP | −0.177% | +0.0100% | 1h | $193K | $403K | 10x | as long as short |
| KuCoin PEPEUSDTM | −0.162% | +0.0100% | 8h | $19.2M | $25.5M | 75x | as long as short |
| Injective PEPE/USDC PERPshort | −0.162% | −0.0104% | 1h | $16K | $39K | 12x | |
| BloFin PEPE-USDT | −0.162% | +0.0220% | 8h | $2.9M | $10.8M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.127% | L +0.0005% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| MEXC PEPE_USDT | −0.123% | +0.0100% | 8h | $91.9M | $199.1M | 300x | as long as short |
| Phemex u1000PEPEUSDT | −0.123% | −0.0061% | 8h | $2.1M | $5.2M | 50x | as long as short |
| BingX 1000PEPE-USDT | −0.120% | +0.0100% | 8h | — | $157.2M | — | as long as short |