Spread before costs (cost unknown: a leg has no order-book sample)−0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$82.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000004934 | 0.0100 | pay 0.0100% / 8h | 7h 45m | $30K | $8K | 20x |
| Short | Phemex u1000PEPEUSDT | 0.000004932 | 0.2864 | get 0.2864% / 8h | 7h 45m | $2.5M | $5.9M | 50x |
Orderly PERP_1000PEPE_USDC
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
- −$4.66
- Funding while held
- $82.92
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $60.26
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2764%
- Per $10,000 a day
- +$82.92
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 14.61 bp | 22.6 bp −$23 | 50.9 bp −$509 | doesn't fit | doesn't fit |
Orderly: 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
Aevo0.000004880+22.000%Injective0.000004916+22.900%HTX0.000004917+22.935%SoDEX0.000004920+23.000%Gate0.000004922+23.050%dYdX0.000004922+23.063%Backpack0.000004929+23.218%Aster0.000004930+23.245%Pacifica0.000004931+23.275%Bitget0.000004931+23.275%gTrade (Gains Network)0.000004931+23.275%Paradex0.000004931+23.276%Bybit0.000004931+23.280%KuCoin0.000004931+23.283%Nado0.000004931+23.287%
GMX
Aevo
Injective
HTX
SoDEX
Gate
dYdX
Backpack
Aster
Pacifica
Bitget
gTrade (Gains Network)
Paradex
Bybit
KuCoin
NadoPhemex0.000004932+23.288%
Deribit0.000004932+23.300%MEXC0.000004933+23.330%Extended0.000004933+23.331%BingX0.000004934+23.343%
Deribit
MEXC
Extended
BingXOrderly0.000004934+23.345%
Lighter0.000004934+23.350%OKX0.000004934+23.350%SunX0.000004935+23.372%Hyperliquid0.000004935+23.375%Coinbase International0.000004935+23.375%Binance0.000004936+23.388%Kraken Futures0.000004936+23.394%Reya0.000004936+23.403%01 Exchange0.000004937+23.425%BloFin0.000004946+23.650%Variational Omni0.000004947+23.668%ApeX Omni0.000004949+23.725%edgeX0.000004964+24.106%
Lighter
OKX
SunX
Hyperliquid
Coinbase International
Binance
Kraken Futures
Reya
BloFin
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] | −18.927% | L +0.0186% / S −0.0041% | 1h | $57K | — | 100x | as long as short |
| Aevo 1000PEPE-PERP | −1.090% | +0.0184% | 1h | $138K | — | 3x | as long as short |
| Injective PEPE/USDC PERP | −0.361% | +0.0123% | 1h | $40K | $58K | 12x | as long as short |
| HTX PEPE-USDT | −0.332% | +0.0100% | 8h | $634K | $3.3M | 75x | as long as short |
| SoDEX 1000PEPE-USD | −0.280% | +0.0904% | 1h | $1K | $8K | 10x | as long as short |
| Gate PEPE_USDT | −0.239% | +0.0100% | 8h | $138.3M | $48.7M | 75x | as long as short |
| dYdX PEPE-USD | −0.229% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | −0.103% | +0.0859% | 1h | $106K | $456K | 15x | as long as short |
| Aster 1000PEPEUSDT | −0.081% | +0.0735% | 8h | $1.3M | $4.8M | 50x | as long as short |
| Pacifica kPEPE | −0.057% | +0.0100% | 1h | $60K | $73K | 10x | as long as short |