Spread before costs (cost unknown: a leg has no order-book sample)−0.272%
7d average—if it closes, per $10,000$27funding while held, a day+$2.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex u1000PEPEUSDT | 0.000004725 | 0.0100 | pay 0.0100% / 8h | 34m 58s | $2.3M | $5.5M | 50x |
| Short | Reya kPEPERUSDPERP | 0.000004712 | 0.0188 | get 0.0024% / 1h | 34m 58s | $7K | — | 15x |
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERPPrice 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
- −$27.24
- Funding while held
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$42.59
- Spread needed to break even
- 0.180%
Slippage unknown: Phemex: live order book, 5 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0088%
- Per $10,000 a day
- +$2.65
- 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 | 12.79 bp | 18.9 bp −$19 | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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
gTrade (Gains Network)0.000004705+17.633%
GMX
gTrade (Gains Network)Reya0.000004712+17.796%
Orderly0.000004715+17.865%Deribit0.000004715+17.875%BloFin0.000004715+17.875%01 Exchange0.000004716+17.900%Aevo0.000004716+17.900%SoDEX0.000004719+17.975%Nado0.000004720+18.009%HTX0.000004721+18.015%Kraken Futures0.000004722+18.043%Bybit0.000004722+18.050%Gate0.000004722+18.050%Backpack0.000004723+18.065%BingX0.000004723+18.080%KuCoin0.000004723+18.087%
Orderly
Deribit
BloFin
Aevo
SoDEX
Nado
HTX
Kraken Futures
Bybit
Gate
Backpack
BingX
KuCoinPhemex0.000004725+18.118%
Lighter0.000004726+18.150%Aster0.000004727+18.174%Coinbase International0.000004727+18.175%SunX0.000004728+18.202%OKX0.000004729+18.225%Bitget0.000004730+18.253%Extended0.000004730+18.260%MEXC0.000004730+18.260%Binance0.000004731+18.267%Hyperliquid0.000004731+18.275%Paradex0.000004739+18.482%Pacifica0.000004757+18.925%Injective0.000004761+19.025%dYdX0.000004765+19.113%Variational Omni0.000004767+19.176%edgeX0.000004808+20.209%ApeX Omni0.000004821+20.525%
Lighter
Aster
Coinbase International
SunX
OKX
Bitget
Extended
MEXC
Binance
Hyperliquid
Paradex
Pacifica
Injective
dYdX
Variational Omni
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] | −15.339% | L +0.0271% / S −0.0201% | 1h | $41K | — | 100x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.411% | L +0.0005% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Reya kPEPERUSDPERPshort | −0.272% | +0.0188% | 1h | $7K | — | 15x | |
| Orderly PERP_1000PEPE_USDC | −0.214% | +0.0100% | 8h | $29K | $5K | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | −0.205% | 0.0000% | 1h | $67K | $84K | 25x | as long as short |
| BloFin PEPE-USDT | −0.205% | +0.0220% | 8h | $3.6M | $15.2M | 75x | as long as short |
| 01 Exchange kPEPEUSD | −0.184% | +0.1248% | 1h | $540 | $1K | 10x | as long as short |
| Aevo 1000PEPE-PERP | −0.184% | +0.0096% | 1h | $133K | — | 3x | as long as short |
| SoDEX 1000PEPE-USD | −0.121% | +0.0892% | 1h | $1K | $8K | 10x | as long as short |
| Nado kPEPE-PERP | −0.092% | +0.0481% | 1h | $219K | $560K | 10x | as long as short |