Spread before costs (cost unknown: a leg has no order-book sample)−0.269%
7d average—if it closes, per $10,000$27funding while held, a day−$15.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000004958 | 0.0523 | pay 0.0523% / 8h | 5h 11m | $2.5M | $6.0M | 50x |
| Short | dYdX PEPE-USD | 0.000004945 | 0 | get 0.0000% / 1h | 11m 30s | $18K | $95 | 10x |
Phemex u1000PEPEUSDT
dYdX PEPE-USDPrice 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
- −$26.88
- Funding while held
- −$15.69
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$64.57
- Spread needed to break even
- 0.220%
Slippage unknown: Phemex: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0523%
- Per $10,000 a day
- −$15.69
- 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, 4 min ago | 3.99 bp | 18.9 bp −$19 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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
HTX0.000004927+23.178%Coinbase International0.000004936+23.400%
GMX
HTX
Coinbase InternationaldYdX0.000004945+23.614%
Gate0.000004947+23.675%gTrade (Gains Network)0.000004947+23.687%Aster0.000004948+23.688%Reya0.000004949+23.714%Bybit0.000004949+23.730%Bitget0.000004949+23.733%KuCoin0.000004949+23.735%Paradex0.000004950+23.745%MEXC0.000004950+23.753%Nado0.000004951+23.771%Pacifica0.000004951+23.775%OKX0.000004951+23.775%Hyperliquid0.000004952+23.800%Lighter0.000004953+23.825%BingX0.000004954+23.853%Backpack0.000004954+23.860%Orderly0.000004954+23.863%Binance0.000004955+23.874%Extended0.000004955+23.886%
Gate
gTrade (Gains Network)
Aster
Reya
Bybit
Bitget
KuCoin
Paradex
MEXC
Nado
Pacifica
OKX
Hyperliquid
Lighter
BingX
Backpack
Orderly
Binance
ExtendedPhemex0.000004958+23.948%
Deribit0.000004958+23.950%Kraken Futures0.000004959+23.969%Aevo0.000004959+23.975%SoDEX0.000004959+23.975%01 Exchange0.000004961+24.025%SunX0.000004964+24.095%BloFin0.000004984+24.600%edgeX0.000004986+24.662%ApeX Omni0.000005018+25.450%Variational Omni0.000005019+25.467%Injective0.000005041+26.025%
Deribit
Kraken Futures
Aevo
SoDEX
SunX
BloFin
ApeX Omni
Variational Omni
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] | −19.321% | L +0.0179% / S −0.0044% | 1h | $56K | — | 100x | as long as short |
| HTX PEPE-USDT | −0.621% | +0.0100% | 8h | $569K | $3.7M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | −0.442% | +0.0512% | 1h | $711K | $23.8M | 50x | as long as short |
| dYdX PEPE-USDshort | −0.269% | 0.0000% | 1h | $18K | $95 | 10x | |
| Gate PEPE_USDT | −0.220% | +0.0100% | 8h | $149.8M | $56.8M | 75x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.210% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Aster 1000PEPEUSDT | −0.209% | +0.0873% | 8h | $1.5M | $6.1M | 50x | as long as short |
| Reya kPEPERUSDPERP | −0.188% | +0.0188% | 1h | $7K | — | 15x | as long as short |
| Bybit 1000PEPEUSDT | −0.175% | +0.0100% | 8h | $88.7M | $249.0M | 50x | as long as short |
| Bitget PEPEUSDT | −0.173% | +0.0100% | 8h | $46.8M | $130.2M | 75x | as long as short |