Spread before costs (cost unknown: a leg has no order-book sample)+0.122%
7d average—if it closes, per $10,000$12funding while held, a day−$2.89
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000PEPE | 0.000004928 | 0.1064 | pay 0.0133% / 1h | 59m 23s | $627K | $4.5M | 10x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004934 | 0.0968 | get 0.0121% / 1h | 59m 23s | $84K | $96K | 25x |
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUALPrice 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
- $12.18
- Funding while held
- −$2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $2.28
- Spread needed to break even
- 0.070%
Slippage unknown: Lighter: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.89
- 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 Lighter live order book, 5 min ago | 5.05 bp | 7.7 bp −$8 | 16.6 bp −$166 | 47.6 bp −$4,756 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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
gTrade (Gains Network)0.000004911+22.785%Bybit0.000004917+22.933%OKX0.000004918+22.950%MEXC0.000004918+22.950%KuCoin0.000004919+22.972%Reya0.000004919+22.980%Nado0.000004919+22.987%Gate0.000004920+23.000%Bitget0.000004920+23.000%dYdX0.000004920+23.004%Binance0.000004921+23.025%Hyperliquid0.000004922+23.050%01 Exchange0.000004922+23.050%BingX0.000004922+23.058%Paradex0.000004922+23.062%Pacifica0.000004923+23.075%Extended0.000004925+23.125%Aster0.000004926+23.153%
GMX
gTrade (Gains Network)
Bybit
OKX
MEXC
KuCoin
Reya
Nado
Gate
Bitget
dYdX
Binance
Hyperliquid
BingX
Paradex
Pacifica
Extended
AsterLighter0.000004928+23.200%
BloFin0.000004928+23.200%Backpack0.000004930+23.255%SoDEX0.000004933+23.325%
BloFin
Backpack
SoDEXDeribit0.000004934+23.350%
Kraken Futures0.000004934+23.355%Phemex0.000004934+23.355%Variational Omni0.000004934+23.359%Orderly0.000004935+23.368%HTX0.000004936+23.393%Aevo0.000004936+23.400%Injective0.000004937+23.425%Coinbase International0.000004937+23.425%edgeX0.000004937+23.432%ApeX Omni0.000004938+23.450%SunX0.000004940+23.495%
Kraken Futures
Phemex
Variational Omni
Orderly
HTX
Aevo
Injective
Coinbase International
ApeX Omni
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] | −18.831% | L +0.0297% / S −0.0217% | 1h | $50K | — | 100x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.337% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| Bybit 1000PEPEUSDT | −0.217% | +0.0100% | 8h | $88.6M | $223.2M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.203% | +0.0100% | 8h | $42.7M | $434.6M | 50x | as long as short |
| MEXC PEPE_USDT | −0.203% | +0.0437% | 8h | $115.1M | $249.8M | 300x | as long as short |
| KuCoin PEPEUSDTM | −0.185% | +0.0100% | 8h | $21.1M | $37.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | −0.178% | +0.0188% | 1h | $7K | — | 15x | as long as short |
| Nado kPEPE-PERP | −0.173% | +0.0292% | 1h | $221K | $733K | 10x | as long as short |
| Gate PEPE_USDT | −0.162% | +0.0100% | 8h | $141.4M | $51.2M | 75x | as long as short |
| Bitget PEPEUSDT | −0.162% | +0.0100% | 8h | $46.2M | $114.9M | 75x | as long as short |