After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.027%7d average−0.041%fees + slippage, in and out−$65spread needed0.651%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000004855 | 0.1486 | pay 0.1486% / 8h | 7h 19m | $2.4M | $5.9M | 50x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004854 | 0.1056 | get 0.0132% / 1h | 19m 59s | $98K | $488K | 15x |
Phemex u1000PEPEUSDT
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
- −$2.68
- Funding while held
- −$12.92
- Slippage, 4 orders
- −$43.1
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$80.69
- Spread needed to break even
- 0.651%
Slippage from Phemex: live order book, 5 min ago; Backpack: live order book, 25 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0431%
- Per $10,000 a day
- −$12.92
- 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 Phemex live order book, 5 min ago | 15.27 bp | 25.9 bp −$26 | 47.9 bp −$479 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 25 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
dYdX0.000004838+20.952%Paradex0.000004840+20.998%Pacifica0.000004842+21.050%gTrade (Gains Network)0.000004843+21.068%Gate0.000004844+21.100%BingX0.000004846+21.145%KuCoin0.000004847+21.185%Bybit0.000004850+21.250%Deribit0.000004850+21.250%Bitget0.000004850+21.255%Coinbase International0.000004851+21.275%Aster0.000004851+21.286%MEXC0.000004852+21.288%SoDEX0.000004852+21.300%Kraken Futures0.000004852+21.305%Reya0.000004853+21.319%OKX0.000004853+21.325%Orderly0.000004853+21.332%Extended0.000004853+21.333%
GMX
dYdX
Paradex
Pacifica
gTrade (Gains Network)
Gate
BingX
KuCoin
Bybit
Deribit
Bitget
Coinbase International
Aster
MEXC
SoDEX
Kraken Futures
Reya
OKX
Orderly
ExtendedBackpack0.000004854+21.348%
Phemex0.000004855+21.380%
Nado0.000004855+21.387%Aevo0.000004856+21.400%Binance0.000004856+21.405%Hyperliquid0.000004857+21.425%HTX0.000004857+21.430%SunX0.000004857+21.433%Lighter0.000004859+21.475%01 Exchange0.000004861+21.525%Injective0.000004863+21.575%Variational Omni0.000004873+21.817%BloFin0.000004878+21.950%edgeX0.000004891+22.287%ApeX Omni0.000004897+22.425%
Nado
Aevo
Binance
Hyperliquid
HTX
SunX
Lighter
Injective
Variational Omni
BloFin
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] | −17.614% | L +0.0290% / S −0.0209% | 1h | $49K | — | 100x | as long as short |
| dYdX PEPE-USD | −0.352% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| Paradex kPEPE-USD-PERP | −0.315% | +0.0544% | 8h | $5K | $52 | 20x | as long as short |
| Pacifica kPEPE | −0.272% | +0.0100% | 1h | $59K | $75K | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.257% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| Gate PEPE_USDT | −0.231% | +0.0100% | 8h | $138.4M | $50.5M | 75x | as long as short |
| BingX 1000PEPE-USDC | −0.194% | +0.0208% | 8h | — | $2.3M | — | as long as short |
| KuCoin PEPEUSDTM | −0.161% | +0.0100% | 8h | $20.9M | $35.8M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.107% | +0.0100% | 8h | $87.2M | $221.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | −0.107% | +0.1195% | 1h | $82K | $96K | 25x | as long as short |