After costs, if the gap returns to its 7d average, $10k+$4
spread now+0.522%7d average+0.118%fees + slippage, in and out−$37spread needed0.368%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEPE-USDT-SWAP | 0.000004978 | 0.0100 | pay 0.0100% / 8h | 10m 25s | $43.7M | $389.9M | 50x |
| Short | Hyperliquid kPEPE | 0.000005004 | 0.1287 | get 0.0161% / 1h | 10m 25s | $58.1M | $49.3M | 10x |
OKX PEPE-USDT-SWAP
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
- $52.23
- Funding while held
- $35.61
- Slippage, 4 orders
- −$17.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $51.03
- Spread needed to break even
- 0.368%
Slippage from OKX: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1187%
- Per $10,000 a day
- +$35.61
- 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 | 1.00 bp | 9.2 bp −$9 | 14.2 bp −$142 | 30.8 bp −$3,076 | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 2.00 bp | 6.5 bp −$6 | 12.9 bp −$129 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Extended0.000004976+24.391%Bitget0.000004978+24.440%
GMX
Extended
BitgetOKX0.000004978+24.450%
SoDEX0.000004979+24.475%Bybit0.000004983+24.573%Aevo0.000004988+24.700%Deribit0.000004988+24.700%gTrade (Gains Network)0.000004988+24.710%Orderly0.000004989+24.718%edgeX0.000004989+24.736%BingX0.000004993+24.815%Gate0.000004994+24.850%Binance0.000004994+24.857%KuCoin0.000004995+24.873%SunX0.000004996+24.895%Nado0.000004996+24.902%Reya0.000004997+24.920%Coinbase International0.000004998+24.950%Paradex0.000005000+24.994%Phemex0.000005001+25.035%MEXC0.000005001+25.035%Kraken Futures0.000005003+25.067%
SoDEX
Bybit
Aevo
Deribit
gTrade (Gains Network)
Orderly
BingX
Gate
Binance
KuCoin
SunX
Nado
Reya
Coinbase International
Paradex
Phemex
MEXC
Kraken FuturesHyperliquid0.000005004+25.100%
dYdX0.000005005+25.121%Aster0.000005005+25.130%Injective0.000005007+25.175%ApeX Omni0.000005008+25.200%Pacifica0.000005010+25.250%BloFin0.000005010+25.250%Backpack0.000005013+25.333%01 Exchange0.000005014+25.350%Lighter0.000005015+25.375%HTX0.000005033+25.822%Variational Omni0.000005035+25.882%
dYdX
Aster
Injective
ApeX Omni
Pacifica
BloFin
Backpack
Lighter
HTX
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] | −19.646% | L +0.0275% / S −0.0233% | 1h | $40K | — | 100x | as long as short |
| Extended 1000PEPE-USD | −0.047% | +0.0104% | 1h | $530K | $235K | 25x | as long as short |
| Bitget PEPEUSDT | −0.008% | +0.0100% | 8h | $40.9M | $95.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $43.7M | $389.9M | 50x | |
| SoDEX 1000PEPE-USD | +0.020% | +0.1197% | 1h | $1K | $8K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.098% | +0.0100% | 8h | $87.6M | $195.6M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.201% | +0.0096% | 1h | $141K | — | 3x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.201% | 0.0000% | 1h | $78K | $92K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USD | +0.209% | L +0.0005% / S −0.0004% | 1h | $20K | — | 150x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.215% | +0.0100% | 8h | $31K | $6K | 20x | as long as short |