Spread before costs (cost unknown: a leg has no order-book sample)−0.456%
7d average—if it closes, per $10,000$46funding while held, a day−$53.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000004983 | 0.1787 | pay 0.0223% / 1h | 46m 37s | $3.5M | $9.6M | 50x |
| Short | dYdX PEPE-USD | 0.000004960 | 0 | get 0.0000% / 1h | 46m 37s | $18K | $95 | 10x |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USDPrice 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
- −$45.62
- Funding while held
- −$53.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$119.24
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1787%
- Per $10,000 a day
- −$53.62
- 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 Kraken Futures live order book, 4 min ago | 3.62 bp | 20.5 bp −$21 | 34.9 bp −$349 | 73.8 bp −$7,383 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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
Variational Omni0.000004952+23.793%Bybit0.000004954+23.860%MEXC0.000004955+23.875%Injective0.000004955+23.875%KuCoin0.000004956+23.898%OKX0.000004956+23.900%Bitget0.000004957+23.915%Lighter0.000004958+23.950%Paradex0.000004959+23.972%
GMX
Variational Omni
Bybit
MEXC
Injective
KuCoin
OKX
Bitget
Lighter
ParadexdYdX0.000004960+24.005%
Binance0.000004961+24.014%Pacifica0.000004964+24.100%Phemex0.000004972+24.290%ApeX Omni0.000004972+24.300%Nado0.000004974+24.361%BingX0.000004975+24.372%Reya0.000004976+24.389%edgeX0.000004976+24.395%Gate0.000004976+24.400%Hyperliquid0.000004978+24.450%gTrade (Gains Network)0.000004978+24.458%Backpack0.000004979+24.475%SoDEX0.000004979+24.475%HTX0.000004980+24.510%Aevo0.000004981+24.525%Coinbase International0.000004981+24.525%01 Exchange0.000004982+24.550%Orderly0.000004983+24.565%
Binance
Pacifica
Phemex
ApeX Omni
Nado
BingX
Reya
Gate
Hyperliquid
gTrade (Gains Network)
Backpack
SoDEX
HTX
Aevo
Coinbase International
OrderlyKraken Futures0.000004983+24.573%
Aster0.000004983+24.583%BloFin0.000004984+24.600%Extended0.000004985+24.631%Deribit0.000004987+24.675%SunX0.000004992+24.790%
Aster
BloFin
Extended
Deribit
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] | −19.726% | L +0.0190% / S +0.0012% | 1h | $64K | — | 100x | as long as short |
| Variational Omni 1000PEPE | −0.626% | +0.0100% | 8h | $818K | $2.8M | — | as long as short |
| Bybit 1000PEPEUSDT | −0.573% | +0.0100% | 8h | $88.6M | $224.7M | 50x | as long as short |
| MEXC PEPE_USDT | −0.561% | +0.0481% | 8h | $110.0M | $252.3M | 300x | as long as short |
| Injective PEPE/USDC PERP | −0.561% | −0.0669% | 1h | $40K | $47K | 12x | as long as short |
| KuCoin PEPEUSDTM | −0.542% | +0.0100% | 8h | $21.6M | $37.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | −0.540% | +0.0100% | 8h | $43.0M | $439.6M | 50x | as long as short |
| Bitget PEPEUSDT | −0.528% | +0.0100% | 8h | $46.9M | $115.4M | 75x | as long as short |
| Lighter 1000PEPE | −0.500% | +0.1024% | 1h | $629K | $4.5M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.482% | +0.0493% | 8h | $6K | $52 | 20x | as long as short |