After costs, if the gap returns to its 7d average, $10k−$67
spread now−0.027%7d average+0.083%fees + slippage, in and out−$56spread needed0.563%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000004889 | 0.1148 | pay 0.1148% / 8h | 7h 24m | $2.4M | $5.9M | 50x |
| Short | Hyperliquid kPEPE | 0.000004888 | 0.0791 | get 0.0099% / 1h | 24m 29s | $56.3M | $52.2M | 10x |
Phemex u1000PEPEUSDT
Hyperliquid kPEPEPrice 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
- −$2.66
- Funding while held
- −$10.72
- Slippage, 4 orders
- −$35.34
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.72
- Spread needed to break even
- 0.563%
Slippage from Phemex: live order book, 6 min ago; Hyperliquid: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0357%
- Per $10,000 a day
- −$10.72
- 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, 6 min ago | 1.53 bp | 21.6 bp −$22 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 2.05 bp | 6.5 bp −$7 | 9.2 bp −$92 | doesn't fit | doesn't fit |
PEPE price on every exchange
against the cheapest. Click to use as the short leg.GMX0.000004000cheapest
Variational Omni0.000004869+21.714%Backpack0.000004870+21.752%gTrade (Gains Network)0.000004871+21.780%MEXC0.000004872+21.790%KuCoin0.000004878+21.952%Bitget0.000004879+21.985%Reya0.000004880+22.007%Aster0.000004883+22.070%OKX0.000004884+22.100%Gate0.000004885+22.125%dYdX0.000004886+22.140%
GMX
Variational Omni
Backpack
gTrade (Gains Network)
MEXC
KuCoin
Bitget
Reya
Aster
OKX
Gate
dYdXHyperliquid0.000004888+22.200%
Bybit0.000004888+22.200%BloFin0.000004888+22.200%Pacifica0.000004889+22.225%Injective0.000004889+22.225%Paradex0.000004889+22.232%
Bybit
BloFin
Pacifica
Injective
ParadexPhemex0.000004889+22.233%
Coinbase International0.000004890+22.250%Extended0.000004890+22.252%Orderly0.000004892+22.295%Aevo0.000004892+22.300%ApeX Omni0.000004893+22.325%Kraken Futures0.000004894+22.342%01 Exchange0.000004894+22.350%Binance0.000004894+22.360%Lighter0.000004895+22.375%BingX0.000004895+22.375%SoDEX0.000004895+22.375%Deribit0.000004896+22.400%SunX0.000004898+22.450%HTX0.000004899+22.465%edgeX0.000004899+22.478%Nado0.000004902+22.543%
Coinbase International
Extended
Orderly
Aevo
ApeX Omni
Kraken Futures
Binance
Lighter
BingX
SoDEX
Deribit
SunX
HTX
NadoPEPE 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] | −18.189% | L +0.0290% / S −0.0237% | 1h | $47K | — | 100x | as long as short |
| Variational Omni 1000PEPE | −0.424% | +0.0100% | 8h | $863K | $2.7M | — | as long as short |
| Backpack kPEPE_USDC_PERP | −0.393% | +0.0980% | 1h | $95K | $483K | 15x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.370% | L +0.0005% / S −0.0005% | 1h | $17K | — | 150x | as long as short |
| MEXC PEPE_USDT | −0.362% | +0.0329% | 8h | $102.8M | $258.8M | 300x | as long as short |
| KuCoin PEPEUSDTM | −0.229% | +0.0100% | 8h | $21.1M | $36.1M | 75x | as long as short |
| Bitget PEPEUSDT | −0.202% | +0.0100% | 8h | $40.1M | $105.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | −0.185% | +0.0188% | 1h | $7K | — | 15x | as long as short |
| Aster 1000PEPEUSDT | −0.133% | +0.0801% | 8h | $1.3M | $5.1M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | −0.108% | +0.0100% | 8h | $42.3M | $424.2M | 50x | as long as short |