After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.489%7d average−0.008%fees + slippage, in and out−$61spread needed0.607%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000004769 | 0.0924 | pay 0.0115% / 1h | 43m 15s | $3.2M | $9.1M | 50x |
| Short | Gate PEPE_USDT | 0.000004792 | 0.0100 | get 0.0100% / 8h | 43m 15s | $121.1M | $37.1M | 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
- $48.9
- Funding while held
- −$24.71
- Slippage, 4 orders
- −$35.7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.51
- Spread needed to break even
- 0.607%
Slippage from Kraken Futures: live order book, 2 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0824%
- Per $10,000 a day
- −$24.71
- 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, 2 min ago | 5.30 bp | 15.3 bp −$15 | 23.3 bp −$233 | 70.9 bp −$7,091 | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.08 bp | 13.3 bp −$13 | 24.3 bp −$243 | 91.4 bp −$9,139 | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.PEPE 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] | −16.119% | L +0.0272% / S −0.0213% | 1h | $40K | — | 100x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.048% | L +0.0005% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSDlong | 0.000% | +0.0924% | 1h | $3.2M | $9.1M | 50x | |
| Extended 1000PEPE-USD | +0.011% | +0.0104% | 1h | $509K | $221K | 25x | as long as short |
| Bybit 1000PEPEUSDT | +0.019% | +0.0100% | 8h | $82.7M | $165.8M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.028% | 0.0000% | 1h | $63K | $79K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.061% | +0.0100% | 8h | — | $2.3M | — | as long as short |
| Nado kPEPE-PERP | +0.068% | +0.0430% | 1h | $211K | $536K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.070% | +0.0272% | 1h | $596K | $12.9M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.070% | +0.0100% | 8h | $2.4M | $5.4M | 50x | as long as short |
Kraken Futures PF_PEPEUSD
Gate PEPE_USDT
GMX
gTrade (Gains Network)
Extended
Bybit
Deribit
BingX
Coinbase International
Phemex
Bitget
Binance
OKX
Lighter
SoDEX
SunX
BloFin
ApeX Omni
Injective
HTX
MEXC
Paradex
KuCoin
Aster
Pacifica
Hyperliquid
Backpack
Variational Omni