After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.031%7d average+0.032%fees + slippage, in and out−$36spread needed0.361%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000004272 | 0.0222 | pay 0.0028% / 1h | 29m 44s | $2.8M | $8.3M | 50x |
| Short | MEXC PEPE_USDT | 0.000004271 | 0.0100 | get 0.0100% / 8h | 2h 29m | $89.7M | $198.2M | 300x |
Kraken Futures PF_PEPEUSD
MEXC PEPE_USDTPrice 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
- −$3.11
- Funding while held
- −$3.66
- Slippage, 4 orders
- −$26.09
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$42.86
- Spread needed to break even
- 0.361%
Slippage from Kraken Futures: live order book, 1 min ago; MEXC: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0122%
- Per $10,000 a day
- −$3.66
- 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, 1 min ago | 9.60 bp | 16.1 bp −$16 | 21.6 bp −$216 | 70.3 bp −$7,025 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.82 bp | 1.7 bp −$2 | 9.3 bp −$93 | 49.6 bp −$4,963 | 83.0 bp −$41.5K |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Phemex0.000004262+6.552%BloFin0.000004269+6.725%Orderly0.000004270+6.750%
GMX
Phemex
BloFin
OrderlyMEXC0.000004271+6.765%
gTrade (Gains Network)0.000004271+6.765%HTX0.000004271+6.767%OKX0.000004271+6.775%Backpack0.000004271+6.785%
gTrade (Gains Network)
HTX
OKX
BackpackKraken Futures0.000004272+6.798%
Aevo0.000004272+6.800%SoDEX0.000004272+6.800%Bitget0.000004272+6.807%Paradex0.000004273+6.812%Extended0.000004273+6.821%Bybit0.000004273+6.825%Deribit0.000004273+6.825%Coinbase International0.000004273+6.825%Reya0.000004273+6.833%Nado0.000004275+6.881%BingX0.000004276+6.890%Gate0.000004277+6.925%SunX0.000004278+6.940%01 Exchange0.000004278+6.950%Variational Omni0.000004279+6.967%Aster0.000004279+6.972%dYdX0.000004280+6.989%Pacifica0.000004281+7.025%ApeX Omni0.000004282+7.050%Injective0.000004282+7.050%KuCoin0.000004282+7.055%Hyperliquid0.000004283+7.075%edgeX0.000004284+7.096%Lighter0.000004285+7.125%Binance0.000004285+7.128%
Aevo
SoDEX
Bitget
Paradex
Extended
Bybit
Deribit
Coinbase International
Reya
Nado
BingX
Gate
SunX
Variational Omni
Aster
dYdX
Pacifica
ApeX Omni
Injective
KuCoin
Hyperliquid
Lighter
BinancePEPE 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] | −6.366% | L +0.0292% / S −0.0267% | 1h | $33K | — | 100x | as long as short |
| Phemex u1000PEPEUSDT | −0.230% | −0.0030% | 8h | $2.1M | $5.1M | 50x | as long as short |
| BloFin PEPE-USDT | −0.069% | +0.0220% | 8h | $3.0M | $10.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | −0.045% | +0.0048% | 8h | $26K | $3K | 20x | as long as short |
| MEXC PEPE_USDTshort | −0.031% | +0.0100% | 8h | $89.7M | $198.2M | 300x | |
| gTrade (Gains Network) PEPE/USD | −0.031% | L +0.0005% / S −0.0002% | 1h | $4K | — | 150x | as long as short |
| HTX PEPE-USDT | −0.029% | +0.0100% | 8h | $452K | $2.1M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | −0.022% | +0.0100% | 8h | $30.6M | $200.7M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.012% | +0.0213% | 1h | $118K | $184K | 15x | as long as short |
| Kraken Futures PF_PEPEUSDlong | 0.000% | +0.0222% | 1h | $2.8M | $8.3M | 50x |