Spread before costs (cost unknown: a leg has no order-book sample)+0.198%
7d average—if it closes, per $10,000$20funding while held, a day+$39.15
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kPEPE-USD-PERP | 0.000004949 | 0.0491 | pay 0.0491% / 8h | 6h 45m | $6K | $52 | 20x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004959 | 0.1796 | get 0.0224% / 1h | 45m 23s | $3.5M | $9.6M | 50x |
Paradex kPEPE-USD-PERP
Kraken Futures PF_PEPEUSDPrice 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
- $19.76
- Funding while held
- $39.15
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $44.91
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1305%
- Per $10,000 a day
- +$39.15
- 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 Kraken Futures live order book, 5 min ago | 3.62 bp | 11.7 bp −$12 | 15.9 bp −$159 | 87.9 bp −$8,793 | 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.GMX0.000004000cheapest
dYdX0.000004948+23.701%
GMX
dYdXParadex0.000004949+23.733%
Pacifica0.000004951+23.775%Extended0.000004952+23.793%Gate0.000004952+23.800%gTrade (Gains Network)0.000004952+23.803%Backpack0.000004953+23.820%Bybit0.000004954+23.850%KuCoin0.000004955+23.868%BingX0.000004955+23.873%01 Exchange0.000004955+23.875%Injective0.000004955+23.875%Reya0.000004956+23.897%OKX0.000004956+23.900%Binance0.000004956+23.905%Nado0.000004956+23.906%Aster0.000004956+23.907%Orderly0.000004957+23.915%SoDEX0.000004957+23.925%MEXC0.000004957+23.935%Aevo0.000004958+23.950%Bitget0.000004959+23.962%Hyperliquid0.000004959+23.975%Lighter0.000004959+23.975%Deribit0.000004959+23.975%Phemex0.000004959+23.978%
Pacifica
Extended
Gate
gTrade (Gains Network)
Backpack
Bybit
KuCoin
BingX
Injective
Reya
OKX
Binance
Nado
Aster
Orderly
SoDEX
MEXC
Aevo
Bitget
Hyperliquid
Lighter
Deribit
PhemexKraken Futures0.000004959+23.978%
HTX0.000004961+24.013%Coinbase International0.000004962+24.050%SunX0.000004970+24.240%Variational Omni0.000004974+24.342%edgeX0.000004976+24.395%ApeX Omni0.000004976+24.400%BloFin0.000004984+24.600%
HTX
Coinbase International
SunX
Variational Omni
ApeX Omni
BloFinPEPE 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] | −19.181% | L +0.0190% / S +0.0037% | 1h | $67K | — | 100x | as long as short |
| dYdX PEPE-USD | −0.026% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Paradex kPEPE-USD-PERPlong | 0.000% | +0.0491% | 8h | $6K | $52 | 20x | |
| Pacifica kPEPE | +0.034% | +0.0100% | 1h | $63K | $81K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.048% | +0.0480% | 1h | $541K | $249K | 25x | as long as short |
| Gate PEPE_USDT | +0.054% | +0.0100% | 8h | $143.1M | $51.9M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | +0.056% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.070% | +0.0841% | 1h | $92K | $503K | 15x | as long as short |
| Bybit 1000PEPEUSDT | +0.094% | +0.0100% | 8h | $88.6M | $225.0M | 50x | as long as short |
| KuCoin PEPEUSDTM | +0.108% | +0.0100% | 8h | $21.6M | $37.6M | 75x | as long as short |