After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.116%7d average+0.083%fees + slippage, in and out−$36spread needed0.361%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000PEPE | 0.000004313 | 0.0704 | pay 0.0088% / 1h | 50m 14s | $772K | $2.5M | 10x |
| Short | Hyperliquid kPEPE | 0.000004318 | 0.0174 | get 0.0022% / 1h | 50m 14s | $48.5M | $35.7M | 10x |
Lighter 1000PEPE
Hyperliquid kPEPEPrice 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
- $11.59
- Funding while held
- −$15.91
- Slippage, 4 orders
- −$27.08
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.4
- Spread needed to break even
- 0.361%
Slippage from Lighter: live order book, 3 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0530%
- Per $10,000 a day
- −$15.91
- 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 | 4.64 bp | 4.6 bp −$5 | 13.2 bp −$132 | 48.5 bp −$4,853 | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.31 bp | 9.0 bp −$9 | 16.4 bp −$164 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
ApeX Omni0.000004295+7.375%BloFin0.000004302+7.550%KuCoin0.000004303+7.570%edgeX0.000004303+7.572%Extended0.000004304+7.590%HTX0.000004304+7.595%Deribit0.000004305+7.625%Gate0.000004305+7.625%SoDEX0.000004306+7.650%Backpack0.000004306+7.655%Kraken Futures0.000004307+7.675%OKX0.000004307+7.675%Bybit0.000004307+7.675%Aevo0.000004307+7.675%Orderly0.000004307+7.685%BingX0.000004307+7.688%gTrade (Gains Network)0.000004308+7.698%Nado0.000004309+7.713%Injective0.000004309+7.725%Binance0.000004309+7.729%Aster0.000004309+7.734%Phemex0.000004310+7.742%MEXC0.000004310+7.752%Reya0.000004310+7.753%Pacifica0.000004311+7.775%Coinbase International0.000004311+7.775%Variational Omni0.000004311+7.785%SunX0.000004312+7.793%dYdX0.000004312+7.797%Paradex0.000004312+7.801%
GMX
ApeX Omni
BloFin
KuCoin
Extended
HTX
Deribit
Gate
SoDEX
Backpack
Kraken Futures
OKX
Bybit
Aevo
Orderly
BingX
gTrade (Gains Network)
Nado
Injective
Binance
Aster
Phemex
MEXC
Reya
Pacifica
Coinbase International
Variational Omni
SunX
dYdX
ParadexLighter0.000004313+7.825%
Bitget0.000004314+7.845%
BitgetHyperliquid0.000004318+7.950%
PEPE on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX PEPE/USD [ETH-USDC] | −7.257% | L +0.0364% / S −0.0445% | 1h | $47K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | −0.417% | +0.0100% | 1h | $102K | $708K | 25x | as long as short |
| BloFin PEPE-USDT | −0.255% | +0.0220% | 8h | $2.9M | $10.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | −0.236% | +0.0100% | 8h | $19.2M | $25.5M | 75x | as long as short |
| edgeX 1000PEPEUSDC | −0.235% | +0.0100% | 4h | $25K | $329K | 20x | as long as short |
| Extended 1000PEPE-USD | −0.218% | +0.0104% | 1h | $457K | $209K | 25x | as long as short |
| HTX PEPE-USDT | −0.213% | +0.0100% | 8h | $457K | $2.2M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | −0.185% | −0.0214% | 1h | $36K | $63K | 25x | as long as short |
| Gate PEPE_USDT | −0.185% | +0.0100% | 8h | $111.2M | $24.9M | 75x | as long as short |
| SoDEX 1000PEPE-USD | −0.162% | +0.0100% | 1h | $2K | $7K | 10x | as long as short |