After costs, if the gap returns to its 7d average, $10k−$126
spread now−0.260%7d average−0.004%fees + slippage, in and out−$101spread needed1.008%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000PEPE | 0.000004846 | 0.0904 | pay 0.0113% / 1h | 50m 40s | $748K | $3.9M | 10x |
| Short | Phemex u1000PEPEUSDT | 0.000004833 | 0.0100 | get 0.0100% / 8h | 50m 40s | $2.4M | $5.4M | 50x |
Lighter 1000PEPE
Phemex u1000PEPEUSDTPrice 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
- −$26
- Funding while held
- −$24.12
- Slippage, 4 orders
- −$88.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$150.88
- Spread needed to break even
- 1.008%
Slippage from Lighter: live order book, 3 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0804%
- Per $10,000 a day
- −$24.12
- 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 Phemex live order book, 5 min ago | 31.22 bp | 40.4 bp −$40 | 68.3 bp −$683 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
edgeX0.000004769+19.218%Variational Omni0.000004812+20.297%Injective0.000004815+20.375%BloFin0.000004831+20.775%
GMX
Variational Omni
Injective
BloFinPhemex0.000004833+20.835%
Paradex0.000004835+20.864%Aster0.000004835+20.871%OKX0.000004835+20.875%Deribit0.000004835+20.875%BingX0.000004835+20.880%Pacifica0.000004836+20.900%HTX0.000004836+20.900%Kraken Futures0.000004837+20.923%dYdX0.000004837+20.926%Reya0.000004838+20.939%Nado0.000004838+20.950%Bybit0.000004839+20.965%Gate0.000004839+20.975%SoDEX0.000004839+20.975%Coinbase International0.000004839+20.975%Orderly0.000004839+20.980%KuCoin0.000004839+20.983%gTrade (Gains Network)0.000004842+21.038%Aevo0.000004842+21.050%Backpack0.000004842+21.053%Bitget0.000004842+21.055%SunX0.000004845+21.115%01 Exchange0.000004845+21.125%Extended0.000004845+21.134%Binance0.000004845+21.136%
Paradex
Aster
OKX
Deribit
BingX
Pacifica
HTX
Kraken Futures
dYdX
Reya
Nado
Bybit
Gate
SoDEX
Coinbase International
Orderly
KuCoin
gTrade (Gains Network)
Aevo
Backpack
Bitget
SunX
Extended
BinanceLighter0.000004846+21.150%
MEXC0.000004846+21.152%Hyperliquid0.000004849+21.225%ApeX Omni0.000004904+22.600%
MEXC
Hyperliquid
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] | −17.458% | L +0.0263% / S −0.0264% | 1h | $33K | — | 100x | as long as short |
| edgeX 1000PEPEUSDC | −1.594% | +0.0100% | 4h | $28K | $327K | 20x | as long as short |
| Variational Omni 1000PEPE | −0.704% | +0.0100% | 8h | $726K | $1.9M | — | as long as short |
| Injective PEPE/USDC PERP | −0.640% | +0.0474% | 1h | $41K | $69K | 12x | as long as short |
| BloFin PEPE-USDT | −0.310% | +0.0220% | 8h | $3.5M | $15.0M | 75x | as long as short |
| Phemex u1000PEPEUSDTshort | −0.260% | +0.0100% | 8h | $2.4M | $5.4M | 50x | |
| Paradex kPEPE-USD-PERP | −0.236% | +0.0144% | 8h | $5K | $52 | 20x | as long as short |
| Aster 1000PEPEUSDT | −0.231% | +0.0448% | 8h | $1.4M | $3.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.227% | +0.0100% | 8h | $37.1M | $317.6M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | −0.227% | 0.0000% | 1h | $52K | $75K | 25x | as long as short |