Spread before costs (cost unknown: a leg has no order-book sample)+0.596%
7d average—if it closes, per $10,000$60funding while held, a day+$6.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PEPE/USDC PERP | 0.000004378 | −0.0104 | get 0.0013% / 1h | 33m 27s | $16K | $39K | 12x |
| Short | Binance 1000PEPEUSDT | 0.000004404 | 0.0100 | get 0.0100% / 8h | 1h 33m | $99.3M | $453.5M | 75x |
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
- $59.62
- Funding while held
- $6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $55.71
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0204%
- Per $10,000 a day
- +$6.11
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.12 bp | 7.9 bp −$8 | 13.2 bp −$132 | 24.8 bp −$2,477 | doesn't fit |
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.PEPE 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] | −8.634% | L +0.0404% / S −0.0539% | 1h | $55K | — | 100x | as long as short |
| Injective PEPE/USDC PERPlong | 0.000% | −0.0104% | 1h | $16K | $39K | 12x | |
| BloFin PEPE-USDT | +0.137% | +0.0220% | 8h | $2.9M | $11.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.231% | +0.0061% | 8h | $27K | $3K | 20x | as long as short |
| Nado kPEPE-PERP | +0.251% | +0.0100% | 1h | $226K | $402K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.251% | 0.0000% | 1h | $37K | $63K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.270% | −0.0029% | 8h | $2.1M | $5.2M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.274% | +0.0096% | 1h | $124K | — | 3x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.313% | +0.0156% | 1h | $120K | $188K | 15x | as long as short |
| edgeX 1000PEPEUSDC | +0.316% | +0.0100% | 4h | $26K | $325K | 20x | as long as short |
Injective PEPE/USDC PERP
Binance 1000PEPEUSDT
GMX
BloFin
Deribit
Phemex
Backpack
SoDEX
Kraken Futures
Paradex
ApeX Omni
Extended
HTX
Coinbase International
Variational Omni
KuCoin
SunX
Pacifica
Gate
OKX
Bitget
Aster
BingX
gTrade (Gains Network)
Lighter
Bybit
Hyperliquid
MEXC