Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day+$13.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000004947 | 0.0520 | pay 0.0065% / 1h | 10m 53s | $2K | $8K | 10x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004947 | 0.0964 | get 0.0121% / 1h | 10m 53s | $84K | $86K | 25x |
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUALPrice 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
- $0
- Funding while held
- $13.32
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$1.68
- Spread needed to break even
- 0.150%
Slippage unknown: SoDEX: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0444%
- Per $10,000 a day
- +$13.32
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
SoDEX and Deribit: 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)0.000004940+23.500%Gate0.000004944+23.600%dYdX0.000004945+23.614%HTX0.000004946+23.653%MEXC0.000004947+23.667%Orderly0.000004947+23.670%Bybit0.000004947+23.673%
GMX
gTrade (Gains Network)
Gate
dYdX
HTX
MEXC
Orderly
BybitSoDEX0.000004947+23.675%
Deribit0.000004947+23.675%
BloFin0.000004947+23.675%Extended0.000004947+23.683%Bitget0.000004947+23.687%BingX0.000004948+23.690%KuCoin0.000004948+23.693%Reya0.000004949+23.714%OKX0.000004949+23.725%Kraken Futures0.000004949+23.727%Paradex0.000004950+23.745%Backpack0.000004950+23.748%Aster0.000004950+23.757%Nado0.000004951+23.771%Lighter0.000004951+23.775%Pacifica0.000004951+23.775%Binance0.000004951+23.780%SunX0.000004951+23.788%Phemex0.000004951+23.788%Hyperliquid0.000004955+23.875%Coinbase International0.000004956+23.900%01 Exchange0.000004961+24.025%Injective0.000004967+24.175%Aevo0.000004972+24.300%edgeX0.000004986+24.662%ApeX Omni0.000005018+25.450%Variational Omni0.000005019+25.467%
BloFin
Extended
Bitget
BingX
KuCoin
Reya
OKX
Kraken Futures
Paradex
Backpack
Aster
Nado
Lighter
Pacifica
Binance
SunX
Phemex
Hyperliquid
Coinbase International
Injective
Aevo
ApeX Omni
Variational 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] | −19.143% | L +0.0179% / S −0.0044% | 1h | $56K | — | 100x | as long as short |
| gTrade (Gains Network) PEPE/USD | −0.141% | L +0.0006% / S −0.0006% | 1h | $15K | — | 150x | as long as short |
| Gate PEPE_USDT | −0.061% | +0.0100% | 8h | $149.7M | $56.8M | 75x | as long as short |
| dYdX PEPE-USD | −0.049% | 0.0000% | 1h | $18K | $95 | 10x | as long as short |
| HTX PEPE-USDT | −0.018% | +0.0100% | 8h | $569K | $3.7M | 75x | as long as short |
| MEXC PEPE_USDT | −0.006% | +0.0724% | 8h | $108.4M | $271.5M | 300x | as long as short |
| Orderly PERP_1000PEPE_USDC | −0.004% | +0.0233% | 8h | $30K | $9K | 20x | as long as short |
| Bybit 1000PEPEUSDT | −0.002% | +0.0100% | 8h | $88.6M | $249.1M | 50x | as long as short |
| SoDEX 1000PEPE-USDlong | 0.000% | +0.0520% | 1h | $2K | $8K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUALshort | 0.000% | +0.0964% | 1h | $84K | $86K | 25x |