Spread before costs (cost unknown: a leg has no order-book sample)−17.372%
7d average—if it closes, per $10,000$1737funding while held, a day−$19.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000PEPE | 0.000004841 | 0.0904 | pay 0.0113% / 1h | 51m 14s | $662K | $3.8M | 10x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0263% / S −0.0264% | get 0.0033% / 1h | 51m 14s | $33K | — | 100x |
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]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
- −$1,737.24
- Funding while held
- −$19.19
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1,768.44
- Spread needed to break even
- 0.120%
Slippage unknown: Lighter: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0640%
- Per $10,000 a day
- −$19.19
- 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, 3 min ago | 7.40 bp | 13.7 bp −$14 | 23.4 bp −$234 | 69.3 bp −$6,934 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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
edgeX0.000004769+19.218%Backpack0.000004792+19.802%Injective0.000004815+20.375%dYdX0.000004818+20.458%Pacifica0.000004820+20.500%Paradex0.000004826+20.644%BloFin0.000004831+20.775%OKX0.000004833+20.825%KuCoin0.000004833+20.835%Phemex0.000004833+20.835%Bitget0.000004834+20.860%Bybit0.000004835+20.870%MEXC0.000004835+20.870%Deribit0.000004835+20.875%Aster0.000004835+20.884%HTX0.000004836+20.900%Extended0.000004837+20.916%Kraken Futures0.000004837+20.923%Reya0.000004838+20.939%Nado0.000004838+20.950%Binance0.000004839+20.973%SoDEX0.000004839+20.975%Coinbase International0.000004839+20.975%Orderly0.000004839+20.980%BingX0.000004840+21.002%
Backpack
Injective
dYdX
Pacifica
Paradex
BloFin
OKX
KuCoin
Phemex
Bitget
Bybit
MEXC
Deribit
Aster
HTX
Extended
Kraken Futures
Reya
Nado
Binance
SoDEX
Coinbase International
Orderly
BingXLighter0.000004841+21.025%
gTrade (Gains Network)0.000004842+21.038%Aevo0.000004842+21.050%SunX0.000004845+21.115%01 Exchange0.000004845+21.125%Gate0.000004846+21.150%Hyperliquid0.000004848+21.200%Variational Omni0.000004872+21.794%ApeX Omni0.000004904+22.600%
gTrade (Gains Network)
Aevo
SunX
Gate
Hyperliquid
Variational Omni
ApeX OmniPEPE 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]short | −17.372% | L +0.0263% / S −0.0264% | 1h | $33K | — | 100x | |
| edgeX 1000PEPEUSDC | −1.493% | +0.0100% | 4h | $28K | $327K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | −1.010% | +0.1285% | 1h | $124K | $308K | 15x | as long as short |
| Injective PEPE/USDC PERP | −0.537% | +0.0474% | 1h | $41K | $69K | 12x | as long as short |
| dYdX PEPE-USD | −0.469% | 0.0000% | 1h | $18K | — | 10x | as long as short |
| Pacifica kPEPE | −0.434% | +0.0100% | 1h | $57K | $40K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.315% | +0.0143% | 8h | $5K | $52 | 20x | as long as short |
| BloFin PEPE-USDT | −0.207% | +0.0220% | 8h | $3.5M | $15.0M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | −0.165% | +0.0100% | 8h | $37.1M | $316.9M | 50x | as long as short |
| KuCoin PEPEUSDTM | −0.157% | +0.0100% | 8h | $20.5M | $28.5M | 75x | as long as short |