After costs, if the gap returns to its 7d average, $10k−$124
spread now−0.313%7d average−0.014%fees + slippage, in and out−$94spread needed0.937%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000005102 | 0.1343 | pay 0.1343% / 8h | 7h 55m | $2.6M | $5.8M | 50x |
| Short | Binance 1000PEPEUSDT | 0.000005086 | 0.0145 | get 0.0145% / 8h | 7h 55m | $133.7M | $761.4M | 75x |
Phemex u1000PEPEUSDT
Binance 1000PEPEUSDTPrice 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
- −$31.28
- Funding while held
- −$35.92
- Slippage, 4 orders
- −$71.75
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.95
- Spread needed to break even
- 0.937%
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1197%
- Per $10,000 a day
- −$35.92
- 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 | 15.43 bp | 49.2 bp −$49 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.49 bp | 7.5 bp −$8 | 13.0 bp −$130 | 36.9 bp −$3,691 | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000005000cheapestedgeX0.000005041+0.820%KuCoin0.000005076+1.528%BingX0.000005077+1.534%MEXC0.000005077+1.542%Bitget0.000005078+1.570%Bybit0.000005080+1.608%OKX0.000005081+1.620%Pacifica0.000005084+1.680%
GMX
KuCoin
BingX
MEXC
Bitget
Bybit
OKX
PacificaBinance0.000005086+1.725%
Gate0.000005087+1.740%Lighter0.000005089+1.780%Paradex0.000005089+1.785%gTrade (Gains Network)0.000005090+1.798%dYdX0.000005090+1.799%HTX0.000005090+1.800%Extended0.000005092+1.842%Aster0.000005092+1.844%ApeX Omni0.000005093+1.860%Variational Omni0.000005093+1.869%Reya0.000005095+1.892%Hyperliquid0.000005095+1.900%BloFin0.000005095+1.900%SoDEX0.000005099+1.980%SunX0.000005099+1.984%Aevo0.000005100+2.000%Deribit0.000005100+2.000%Coinbase International0.000005100+2.000%Backpack0.000005101+2.014%
Gate
Lighter
Paradex
gTrade (Gains Network)
dYdX
HTX
Extended
Aster
ApeX Omni
Variational Omni
Reya
Hyperliquid
BloFin
SoDEX
SunX
Aevo
Deribit
Coinbase International
BackpackPhemex0.000005102+2.044%
Kraken Futures0.000005103+2.054%Nado0.000005104+2.090%Orderly0.000005106+2.118%Injective0.000005107+2.140%01 Exchange0.000005114+2.280%
Kraken Futures
Nado
Orderly
InjectivePEPE 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] | −2.003% | L +0.0303% / S −0.0294% | 1h | $48K | — | 100x | as long as short |
| edgeX 1000PEPEUSDC | −1.199% | +0.0100% | 4h | $29K | $343K | 20x | as long as short |
| KuCoin PEPEUSDTM | −0.506% | +0.0100% | 8h | $22.0M | $33.6M | 75x | as long as short |
| BingX 1000PEPE-USDT | −0.500% | +0.0112% | 8h | — | $199.2M | — | as long as short |
| MEXC PEPE_USDT | −0.492% | +0.0137% | 8h | $116.5M | $247.9M | 300x | as long as short |
| Bitget PEPEUSDT | −0.465% | +0.0100% | 8h | $41.1M | $100.1M | 75x | as long as short |
| Bybit 1000PEPEUSDT | −0.427% | +0.0100% | 8h | $90.3M | $207.1M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.416% | +0.0100% | 8h | $44.0M | $419.4M | 50x | as long as short |
| Pacifica kPEPE | −0.357% | +0.0100% | 1h | $62K | $68K | 10x | as long as short |
| Binance 1000PEPEUSDTshort | −0.313% | +0.0145% | 8h | $133.7M | $761.4M | 75x |