Spread before costs (cost unknown: a leg has no order-book sample)+0.294%
7d average—if it closes, per $10,000$29funding while held, a day+$4.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kPEPE-USD-PERP | 0.000004948 | 0.0456 | pay 0.0456% / 8h | 5h 35m | $6K | $52 | 20x |
| Short | Hyperliquid kPEPE | 0.000004963 | 0.0606 | get 0.0076% / 1h | 35m 41s | $55.3M | $57.0M | 10x |
Price 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
- $29.44
- Funding while held
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $20.94
- Spread needed to break even
- 0.130%
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0150%
- Per $10,000 a day
- +$4.50
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 1.02 bp | 9.7 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
Paradex: 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.PEPE 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] | −19.166% | L +0.0179% / S −0.0030% | 1h | $66K | — | 100x | as long as short |
| Bitget PEPEUSDT | −0.213% | +0.0100% | 8h | $46.4M | $127.2M | 75x | as long as short |
| Extended 1000PEPE-USD | −0.202% | +0.0648% | 1h | $544K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDC | −0.160% | +0.0598% | 8h | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | −0.150% | +0.0688% | 1h | $566 | $2K | 10x | as long as short |
| Gate PEPE_USDT | −0.029% | +0.0100% | 8h | $146.3M | $55.5M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.017% | +0.0100% | 8h | $87.8M | $245.0M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.009% | +0.0100% | 8h | $42.5M | $461.6M | 50x | as long as short |
| Paradex kPEPE-USD-PERPlong | 0.000% | +0.0456% | 8h | $6K | $52 | 20x | |
| MEXC PEPE_USDT | +0.062% | +0.0650% | 8h | $109.1M | $267.5M | 300x | as long as short |
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
GMX
Bitget
Extended
BingX
Gate
Bybit
OKX
MEXC
KuCoin
Binance
Aster
Pacifica
Lighter
ApeX Omni
Variational Omni
BloFin
Phemex
gTrade (Gains Network)
HTX
Backpack
Injective
SoDEX
Kraken Futures
Coinbase International
Deribit
SunX