After costs, if the gap returns to its 7d average, $10k−$43
spread now−0.099%7d average+0.022%fees + slippage, in and out−$31spread needed0.305%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEPE-USDT-SWAP | 0.000004929 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $42.7M | $434.2M | 50x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004924 | 0.1135 | get 0.0142% / 1h | 5m 58s | $96K | $495K | 15x |
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERPPrice 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
- −$9.94
- Funding while held
- $31.06
- Slippage, 4 orders
- −$10.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$9.41
- Spread needed to break even
- 0.305%
Slippage from OKX: live order book, 5 min ago; Backpack: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1035%
- Per $10,000 a day
- +$31.06
- 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 OKX live order book, 5 min ago | 1.01 bp | 7.1 bp −$7 | 13.1 bp −$131 | 33.1 bp −$3,309 | doesn't fit |
| Sell Backpack live order book, 39 min ago | 1.42 bp | 6.7 bp −$7 | 24.3 bp −$243 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Injective0.000004889+22.225%BloFin0.000004908+22.700%Phemex0.000004912+22.795%BingX0.000004915+22.865%Aster0.000004916+22.912%gTrade (Gains Network)0.000004917+22.925%dYdX0.000004917+22.931%Gate0.000004918+22.950%Orderly0.000004919+22.965%SoDEX0.000004919+22.975%Reya0.000004919+22.984%Deribit0.000004920+23.000%Nado0.000004920+23.001%Paradex0.000004921+23.021%Coinbase International0.000004921+23.025%Kraken Futures0.000004921+23.035%Pacifica0.000004922+23.050%
GMX
Injective
BloFin
Phemex
BingX
Aster
gTrade (Gains Network)
dYdX
Gate
Orderly
SoDEX
Reya
Deribit
Nado
Paradex
Coinbase International
Kraken Futures
PacificaBackpack0.000004924+23.103%
Bybit0.000004925+23.115%Hyperliquid0.000004925+23.125%SunX0.000004926+23.140%HTX0.000004926+23.145%Lighter0.000004926+23.150%KuCoin0.000004926+23.160%01 Exchange0.000004928+23.200%MEXC0.000004929+23.220%Binance0.000004929+23.222%Bitget0.000004929+23.223%
Bybit
Hyperliquid
SunX
HTX
Lighter
KuCoin
MEXC
Binance
BitgetOKX0.000004929+23.225%
ApeX Omni0.000004929+23.225%Aevo0.000004930+23.250%Extended0.000004930+23.256%edgeX0.000004936+23.399%Variational Omni0.000004948+23.699%
ApeX Omni
Aevo
Extended
Variational 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] | −18.848% | L +0.0291% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | −0.812% | +0.0123% | 1h | $40K | $59K | 12x | as long as short |
| BloFin PEPE-USDT | −0.426% | +0.0220% | 8h | $4.0M | $18.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | −0.349% | +0.0539% | 8h | $2.5M | $5.9M | 50x | as long as short |
| BingX 1000PEPE-USDC | −0.292% | +0.0371% | 8h | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | −0.254% | +0.0841% | 8h | $1.4M | $5.3M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.243% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| dYdX PEPE-USD | −0.239% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Gate PEPE_USDT | −0.223% | +0.0100% | 8h | $141.1M | $51.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | −0.211% | +0.0104% | 8h | $30K | $8K | 20x | as long as short |