# PEPE Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 11:42 UTC, ArbTide tracks PEPE spot and perpetual prices across exchanges. On spot markets, you can buy PEPE on Bybit at 0.000004281 and sell on BtcTurk at 0.00000429, a 0.02% net spread after 0.19% in taker fees. On perpetual markets, the best route has a 0.17% gross spread, which fees turn into a -0.04% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Bitfinex | [PEPE/USD](https://trading.bitfinex.com/t/PEPE:USD) | 0.00000427 | 0.00000428 | 0.234% | $15.2K | 0.200% |
| Bybit | [PEPE/USDT](https://www.bybit.com/en/trade/spot/PEPE/USDT) | 0.00000428 | 0.000004281 | 0.023% | $9.6M | 0.100% |
| Bitget | [PEPE/USDT](https://www.bitget.com/spot/PEPEUSDT) | 0.000004279 | 0.000004281 | 0.047% | $2.7M | 0.100% |
| Kraken | [PEPE/USD](https://pro.kraken.com/app/trade/pepe-usd) | 0.00000428 | 0.000004281 | 0.023% | $3.7M | 0.260% |
| OKX | [PEPE/USDT](https://www.okx.com/trade-spot/pepe-usdt) | 0.00000428 | 0.000004282 | 0.047% | $19M | 0.150% |
| Gate | [PEPE/USDT](https://www.gate.com/trade/PEPE_USDT) | 0.000004281 | 0.000004282 | 0.023% | $15.5M | 0.200% |
| KuCoin | [PEPE/USDT](https://www.kucoin.com/trade/PEPE-USDT) | 0.000004281 | 0.000004282 | 0.023% | $11.6M | 0.100% |
| Crypto.com | [PEPE/USD](https://crypto.com/exchange/trade/PEPE_USD) | 0.000004279 | 0.000004282 | 0.070% | $232K | 0.500% |
| DigiFinex | [PEPE/USDT](https://www.digifinex.com/en-ww/trade/USDT/PEPE) | 0.000004280144 | 0.000004282856 | 0.063% | $1.4M | 0.200% |
| MEXC | [PEPE/USDT](https://www.mexc.com/exchange/PEPE_USDT) | 0.00000428 | 0.000004283 | 0.070% | $1.1M | 0.050% |
| Deepcoin | [PEPE/USDT](https://www.deepcoin.com/en/spot/PEPE-USDT) | 0.000004278 | 0.000004285 | 0.163% | $3.9K | 0.150% |
| HTX | [PEPE/USDT](https://www.htx.com/trade/pepe_usdt) | 0.000004277953 | 0.000004285044 | 0.165% | $735.8K | 0.200% |
| Revolut X | [PEPE/USD](https://exchange.revolut.com/trade/PEPE-USD) | 0.0000042794 | 0.0000042863 | 0.161% | $115.5K | 0.090% |
| WEEX | [PEPE/USDT](https://www.weex.com/spot/PEPE-USDT) | 0.000004286 | 0.000004288 | 0.047% | $178.5K | 0.100% |
| Binance | [PEPE/USDT](https://www.binance.com/en/trade/PEPE_USDT?type=spot) | 0.00000428 | 0.00000429 | 0.233% | $35.8M | 0.100% |
| BingX | [PEPE/USDT](https://bingx.com/en/spot/PEPEUSDT) | 0.00000427 | 0.00000429 | 0.466% | $1.4M | 0.100% |
| BTSE | [PEPE/USD](https://www.btse.com/en/trading/PEPE-USD) | 0.00000428 | 0.00000429 | 0.233% | $828.5K | 0.020% |
| XT.COM | [PEPE/USDT](https://www.xt.com/en/trade/pepe_usdt) | 0.00000428 | 0.00000429 | 0.233% | $10.6M | 0.200% |
| Toobit | [PEPE/USDT](https://www.toobit.com/en-US/spot/PEPE_USDT) | 0.00000428 | 0.00000429 | 0.233% | $15.6M | 0.100% |
| Bitstamp | [PEPE/USD](https://www.bitstamp.net/markets/pepe/usd/) | 0.00000428 | 0.00000429 | 0.233% | $1.4M | 0.400% |
| CEX.IO | [PEPE/USD](https://trade.cex.io/spot/PEPE-USD) | 0.00000427 | 0.00000429 | 0.466% | $12.7K | 0.100% |
| WhiteBIT | PEPE/USDT | 0.0000042832 | 0.0000042907 | 0.175% | $7.4M | 0.100% |
| HitBTC | PEPE/USDT | 0.0000042787 | 0.0000042913 | 0.294% | — | 0.250% |
| LBank | [PEPE/USDT](https://www.lbank.com/trade/pepe_usdt) | 0.000004282 | 0.000004292 | 0.233% | $6.2M | 0.100% |
| BtcTurk | [PEPE/USDT](https://kripto.btcturk.com/pro/al-sat/PEPE_USDT) | 0.00000429 | 0.0000043 | 0.233% | $651.8K | 0.090% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | BtcTurk | WEEX | WhiteBIT | LBank | Gate | KuCoin | DigiFinex | Bybit | Kraken | OKX | MEXC | Binance | BTSE | XT.COM | Toobit | Bitstamp | Revolut X | Bitget | Crypto.com | HitBTC | Deepcoin | HTX | Bitfinex | BingX | CEX.IO |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bitfinex | -0.06% | -0.16% | -0.23% | -0.25% | -0.38% | -0.28% | -0.40% | -0.30% | -0.46% | -0.35% | -0.25% | -0.30% | -0.22% | -0.40% | -0.30% | -0.60% | -0.30% | -0.32% | -0.72% | -0.48% | -0.40% | -0.45% | — | -0.53% | -0.53% |
| Bybit | +0.02% | -0.08% | -0.15% | -0.18% | -0.30% | -0.20% | -0.32% | — | -0.38% | -0.27% | -0.17% | -0.22% | -0.14% | -0.32% | -0.22% | -0.52% | -0.23% | -0.25% | -0.65% | -0.40% | -0.32% | -0.37% | -0.56% | -0.46% | -0.46% |
| Bitget | +0.02% | -0.08% | -0.15% | -0.18% | -0.30% | -0.20% | -0.32% | -0.22% | -0.38% | -0.27% | -0.17% | -0.22% | -0.14% | -0.32% | -0.22% | -0.52% | -0.23% | — | -0.65% | -0.40% | -0.32% | -0.37% | -0.56% | -0.46% | -0.46% |
| Kraken | -0.14% | -0.24% | -0.31% | -0.34% | -0.46% | -0.36% | -0.48% | -0.38% | — | -0.43% | -0.33% | -0.38% | -0.30% | -0.48% | -0.38% | -0.68% | -0.39% | -0.41% | -0.81% | -0.56% | -0.48% | -0.53% | -0.72% | -0.62% | -0.62% |
| OKX | -0.05% | -0.16% | -0.22% | -0.25% | -0.37% | -0.27% | -0.39% | -0.30% | -0.46% | — | -0.25% | -0.30% | -0.22% | -0.40% | -0.30% | -0.60% | -0.30% | -0.32% | -0.72% | -0.48% | -0.39% | -0.44% | -0.63% | -0.53% | -0.53% |
| Gate | -0.10% | -0.21% | -0.27% | -0.30% | — | -0.32% | -0.44% | -0.35% | -0.51% | -0.40% | -0.30% | -0.35% | -0.27% | -0.45% | -0.35% | -0.65% | -0.35% | -0.37% | -0.77% | -0.53% | -0.44% | -0.49% | -0.68% | -0.58% | -0.58% |
| KuCoin | 0.00% | -0.11% | -0.17% | -0.20% | -0.32% | — | -0.34% | -0.25% | -0.41% | -0.30% | -0.20% | -0.25% | -0.17% | -0.35% | -0.25% | -0.55% | -0.25% | -0.27% | -0.67% | -0.43% | -0.34% | -0.39% | -0.58% | -0.48% | -0.48% |
| Crypto.com | -0.40% | -0.51% | -0.57% | -0.60% | -0.72% | -0.62% | -0.74% | -0.65% | -0.81% | -0.70% | -0.60% | -0.65% | -0.57% | -0.75% | -0.65% | -0.95% | -0.65% | -0.67% | — | -0.83% | -0.74% | -0.79% | -0.98% | -0.88% | -0.88% |
| DigiFinex | -0.12% | -0.23% | -0.29% | -0.32% | -0.44% | -0.34% | — | -0.37% | -0.53% | -0.42% | -0.32% | -0.37% | -0.29% | -0.47% | -0.37% | -0.67% | -0.37% | -0.39% | -0.79% | -0.55% | -0.46% | -0.51% | -0.70% | -0.60% | -0.60% |
| MEXC | +0.02% | -0.08% | -0.15% | -0.17% | -0.30% | -0.20% | -0.32% | -0.22% | -0.38% | -0.27% | — | -0.22% | -0.14% | -0.32% | -0.22% | -0.52% | -0.22% | -0.24% | -0.64% | -0.40% | -0.32% | -0.37% | -0.55% | -0.45% | -0.45% |
| Deepcoin | -0.12% | -0.23% | -0.29% | -0.32% | -0.44% | -0.34% | -0.46% | -0.37% | -0.53% | -0.42% | -0.32% | -0.37% | -0.29% | -0.47% | -0.37% | -0.67% | -0.37% | -0.39% | -0.79% | -0.55% | — | -0.51% | -0.70% | -0.60% | -0.60% |
| HTX | -0.17% | -0.28% | -0.34% | -0.37% | -0.49% | -0.39% | -0.51% | -0.42% | -0.58% | -0.47% | -0.37% | -0.42% | -0.34% | -0.52% | -0.42% | -0.72% | -0.42% | -0.44% | -0.84% | -0.60% | -0.51% | — | -0.75% | -0.65% | -0.65% |
| Revolut X | -0.09% | -0.20% | -0.26% | -0.29% | -0.41% | -0.31% | -0.43% | -0.34% | -0.50% | -0.39% | -0.29% | -0.34% | -0.26% | -0.44% | -0.34% | -0.64% | — | -0.36% | -0.76% | -0.52% | -0.43% | -0.48% | -0.67% | -0.57% | -0.57% |
| WEEX | -0.14% | — | -0.31% | -0.34% | -0.46% | -0.36% | -0.48% | -0.39% | -0.55% | -0.44% | -0.34% | -0.39% | -0.31% | -0.49% | -0.39% | -0.69% | -0.39% | -0.41% | -0.81% | -0.57% | -0.48% | -0.53% | -0.72% | -0.62% | -0.62% |
| Binance | -0.19% | -0.29% | -0.36% | -0.39% | -0.51% | -0.41% | -0.53% | -0.43% | -0.59% | -0.48% | -0.38% | — | -0.35% | -0.53% | -0.43% | -0.73% | -0.44% | -0.46% | -0.86% | -0.61% | -0.53% | -0.58% | -0.77% | -0.67% | -0.67% |
| BingX | -0.19% | -0.29% | -0.36% | -0.39% | -0.51% | -0.41% | -0.53% | -0.43% | -0.59% | -0.48% | -0.38% | -0.43% | -0.35% | -0.53% | -0.43% | -0.73% | -0.44% | -0.46% | -0.86% | -0.61% | -0.53% | -0.58% | -0.77% | — | -0.67% |
| BTSE | -0.11% | -0.21% | -0.28% | -0.31% | -0.43% | -0.33% | -0.45% | -0.35% | -0.51% | -0.40% | -0.30% | -0.35% | — | -0.45% | -0.35% | -0.65% | -0.36% | -0.38% | -0.78% | -0.53% | -0.45% | -0.50% | -0.69% | -0.59% | -0.59% |
| XT.COM | -0.29% | -0.39% | -0.46% | -0.49% | -0.61% | -0.51% | -0.63% | -0.53% | -0.69% | -0.58% | -0.48% | -0.53% | -0.45% | — | -0.53% | -0.83% | -0.54% | -0.56% | -0.96% | -0.71% | -0.63% | -0.68% | -0.87% | -0.77% | -0.77% |
| Toobit | -0.19% | -0.29% | -0.36% | -0.39% | -0.51% | -0.41% | -0.53% | -0.43% | -0.59% | -0.48% | -0.38% | -0.43% | -0.35% | -0.53% | — | -0.73% | -0.44% | -0.46% | -0.86% | -0.61% | -0.53% | -0.58% | -0.77% | -0.67% | -0.67% |
| Bitstamp | -0.49% | -0.59% | -0.66% | -0.69% | -0.81% | -0.71% | -0.83% | -0.73% | -0.89% | -0.78% | -0.68% | -0.73% | -0.65% | -0.83% | -0.73% | — | -0.74% | -0.76% | -1.16% | -0.91% | -0.83% | -0.88% | -1.07% | -0.97% | -0.97% |
| CEX.IO | -0.19% | -0.29% | -0.36% | -0.39% | -0.51% | -0.41% | -0.53% | -0.43% | -0.59% | -0.48% | -0.38% | -0.43% | -0.35% | -0.53% | -0.43% | -0.73% | -0.44% | -0.46% | -0.86% | -0.61% | -0.53% | -0.58% | -0.77% | -0.67% | — |
| WhiteBIT | -0.21% | -0.31% | — | -0.40% | -0.53% | -0.43% | -0.55% | -0.45% | -0.61% | -0.50% | -0.40% | -0.45% | -0.37% | -0.55% | -0.45% | -0.75% | -0.45% | -0.47% | -0.87% | -0.63% | -0.55% | -0.60% | -0.78% | -0.68% | -0.68% |
| HitBTC | -0.37% | -0.47% | -0.54% | -0.57% | -0.69% | -0.59% | -0.71% | -0.61% | -0.77% | -0.66% | -0.56% | -0.61% | -0.53% | -0.71% | -0.61% | -0.91% | -0.62% | -0.64% | -1.04% | — | -0.71% | -0.76% | -0.95% | -0.85% | -0.85% |
| LBank | -0.24% | -0.34% | -0.41% | — | -0.56% | -0.46% | -0.58% | -0.48% | -0.64% | -0.53% | -0.43% | -0.48% | -0.40% | -0.58% | -0.48% | -0.78% | -0.48% | -0.50% | -0.90% | -0.66% | -0.58% | -0.63% | -0.81% | -0.71% | -0.71% |
| BtcTurk | — | -0.52% | -0.58% | -0.61% | -0.73% | -0.63% | -0.75% | -0.66% | -0.82% | -0.71% | -0.61% | -0.66% | -0.58% | -0.76% | -0.66% | -0.96% | -0.66% | -0.68% | -1.08% | -0.84% | -0.75% | -0.80% | -0.99% | -0.89% | -0.89% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| WhiteBIT | [PEPE/USDT:USDT](https://whitebit.com/trade/PEPE-PERP?type=futures) | 0.000004272 | 0.000004277 | 0.117% | $8.8M | 0.055% |
| Extended | [1000PEPE/USDC:USDC](https://app.extended.exchange/perp/1000PEPE-USD) | 0.000004274 | 0.000004278 | 0.094% | $748.1K | 0.200% |
| Gate | [PEPE/USDT:USDT](https://www.gate.com/futures/USDT/PEPE_USDT) | 0.000004277 | 0.000004278 | 0.023% | $17.5M | 0.050% |
| KuCoin | [PEPE/USDT:USDT](https://www.kucoin.com/trade/futures/PEPEUSDTM) | 0.0000042779 | 0.0000042784 | 0.012% | $38.8M | 0.060% |
| BingX | [1000PEPE/USDT:USDT](https://bingx.com/en/perpetual/PEPE-USDT) | 0.0000042787 | 0.0000042788 | 0.002% | $20.5M | 0.050% |
| WEEX | [1000PEPE/USDT:USDT](https://www.weex.com/futures/PEPE-USDT) | 0.0000042787 | 0.0000042788 | 0.002% | $1.2B | 0.080% |
| MEXC | [PEPE/USDT:USDT](https://www.mexc.com/futures/PEPE_USDT) | 0.0000042788 | 0.0000042789 | 0.002% | $105.5M | 0.000% |
| Binance | [1000PEPE/USDT:USDT](https://www.binance.com/en/futures/1000PEPEUSDT) | 0.0000042788 | 0.0000042789 | 0.002% | $273.4M | 0.050% |
| Toobit | [1000PEPE/USDT:USDT](https://www.toobit.com/en-US/futures/1000PEPE-SWAP-USDT) | 0.0000042787 | 0.0000042789 | 0.005% | $28.3M | 0.100% |
| Deepcoin | [1000PEPE/USDT:USDT](https://www.deepcoin.com/en/swap/PEPE-USDT) | 0.0000042785 | 0.0000042789 | 0.009% | $36.9M | 0.150% |
| Bybit | [1000PEPE/USDT:USDT](https://www.bybit.com/trade/usdt/1000PEPEUSDT) | 0.000004278 | 0.000004279 | 0.023% | $83.8M | 0.060% |
| OKX | [PEPE/USDT:USDT](https://www.okx.com/trade-swap/pepe-usdt-swap) | 0.000004278 | 0.000004279 | 0.023% | $144.2M | 0.050% |
| Backpack | [KPEPE/USDC:USDC](https://backpack.exchange/trade/kPEPE_USDC_PERP) | 0.0000042789 | 0.000004279 | 0.002% | $123.4K | 0.100% |
| DigiFinex | [PEPE/USDT:USDT](https://www.digifinex.com/en-ww/swap/PEPEUSDTPERP) | 0.000004278 | 0.000004279 | 0.023% | $46.8M | 0.200% |
| LBank | [PEPE/USDT:USDT](https://www.lbank.com/futures/pepeusdt) | 0.0000042791 | 0.0000042792 | 0.002% | $31.7M | 0.100% |
| XT.COM | [1000PEPE/USDT:USDT](https://www.xt.com/en/futures/trade/1000pepe_usdt) | 0.0000042782 | 0.0000042795 | 0.030% | $13.6M | 0.060% |
| Aster | [1000PEPE/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PEPEUSDT) | 0.0000042784 | 0.0000042798 | 0.033% | $2M | 0.035% |
| Bitget | [PEPE/USDT:USDT](https://www.bitget.com/futures/usdt/PEPEUSDT) | 0.0000042797 | 0.0000042799 | 0.005% | $39.1M | 0.060% |
| Paradex | [KPEPE/USD:USDC](https://app.paradex.trade/trade/kPEPE-USD-PERP) | 0.000004277 | 0.00000428 | 0.070% | — | 0.030% |
| WOOFi Pro | [1000PEPE/USDC:USDC](https://pro.woofi.com/en/trade/PEPE_PERP) | 0.0000042769 | 0.0000042805 | 0.084% | $12.4K | 0.050% |
| Crypto.com | [PEPE/USD:USD](https://crypto.com/exchange/trade/PEPEUSD-PERP) | 0.00000428 | 0.000004282 | 0.047% | $32.3K | 0.500% |
| Kraken | [PEPE/USD:USD](https://pro.kraken.com/app/trade/futures-pepe-usd-perp) | 0.0000042798 | 0.0000042835 | 0.086% | $2.9M | 0.050% |
| HTX | [PEPE/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PEPE-USDT&contract_type=swap&type=cross) | 0.0000042843 | 0.0000042859 | 0.037% | $710.9K | 0.050% |
| Bitfinex | [PEPE/USDT:USDT](https://trading.bitfinex.com/t/PEPEF0:USTF0) | 0.00000428 | 0.00000429 | 0.233% | $6.4K | 0.200% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | HTX | Crypto.com | Bitfinex | Kraken | Bitget | LBank | Backpack | Binance | MEXC | BingX | WEEX | Toobit | Deepcoin | Aster | XT.COM | OKX | DigiFinex | Bybit | KuCoin | Paradex | Gate | WOOFi Pro | Extended | WhiteBIT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| WhiteBIT | -0.04% | -1.04% | -0.44% | -0.14% | -0.17% | -0.26% | -0.27% | -0.17% | -0.07% | -0.17% | -0.23% | -0.27% | -0.37% | -0.15% | -0.20% | -0.19% | -0.49% | -0.21% | -0.21% | -0.17% | -0.21% | -0.21% | -0.58% | — |
| Extended | -0.35% | -1.35% | -0.75% | -0.46% | -0.48% | -0.57% | -0.58% | -0.48% | -0.38% | -0.48% | -0.54% | -0.58% | -0.69% | -0.46% | -0.52% | -0.50% | -0.80% | -0.52% | -0.52% | -0.48% | -0.52% | -0.53% | — | -0.65% |
| Gate | -0.05% | -1.05% | -0.45% | -0.16% | -0.18% | -0.27% | -0.28% | -0.18% | -0.08% | -0.18% | -0.24% | -0.28% | -0.39% | -0.16% | -0.22% | -0.20% | -0.50% | -0.22% | -0.22% | -0.18% | — | -0.23% | -0.59% | -0.35% |
| KuCoin | -0.08% | -1.08% | -0.48% | -0.19% | -0.21% | -0.30% | -0.31% | -0.21% | -0.11% | -0.21% | -0.27% | -0.31% | -0.42% | -0.19% | -0.24% | -0.23% | -0.53% | -0.25% | — | -0.21% | -0.25% | -0.26% | -0.62% | -0.38% |
| BingX | -0.07% | -1.07% | -0.47% | -0.18% | -0.20% | -0.29% | -0.30% | -0.20% | -0.10% | — | -0.26% | -0.30% | -0.41% | -0.18% | -0.23% | -0.22% | -0.52% | -0.24% | -0.24% | -0.20% | -0.24% | -0.24% | -0.61% | -0.37% |
| WEEX | -0.13% | -1.13% | -0.53% | -0.24% | -0.26% | -0.35% | -0.36% | -0.26% | -0.16% | -0.26% | — | -0.36% | -0.47% | -0.24% | -0.29% | -0.28% | -0.58% | -0.30% | -0.30% | -0.26% | -0.30% | -0.30% | -0.67% | -0.43% |
| MEXC | +0.03% | -0.97% | -0.37% | -0.08% | -0.10% | -0.20% | -0.20% | -0.10% | — | -0.10% | -0.16% | -0.20% | -0.31% | -0.08% | -0.14% | -0.12% | -0.42% | -0.14% | -0.14% | -0.10% | -0.14% | -0.15% | -0.51% | -0.27% |
| Binance | -0.07% | -1.07% | -0.47% | -0.18% | -0.20% | -0.30% | -0.30% | — | -0.10% | -0.20% | -0.26% | -0.30% | -0.41% | -0.18% | -0.24% | -0.22% | -0.52% | -0.24% | -0.24% | -0.20% | -0.24% | -0.25% | -0.61% | -0.37% |
| Toobit | -0.17% | -1.17% | -0.57% | -0.28% | -0.30% | -0.40% | -0.40% | -0.30% | -0.20% | -0.30% | -0.36% | — | -0.51% | -0.28% | -0.34% | -0.32% | -0.62% | -0.34% | -0.34% | -0.30% | -0.34% | -0.35% | -0.71% | -0.47% |
| Deepcoin | -0.27% | -1.27% | -0.67% | -0.38% | -0.40% | -0.50% | -0.50% | -0.40% | -0.30% | -0.40% | -0.46% | -0.50% | — | -0.38% | -0.44% | -0.42% | -0.72% | -0.44% | -0.44% | -0.40% | -0.44% | -0.45% | -0.81% | -0.57% |
| Bybit | -0.10% | -1.10% | -0.50% | -0.20% | -0.22% | -0.32% | -0.32% | -0.22% | -0.12% | -0.23% | -0.29% | -0.33% | -0.43% | -0.20% | -0.26% | -0.24% | -0.54% | — | -0.27% | -0.23% | -0.27% | -0.27% | -0.64% | -0.39% |
| OKX | -0.08% | -1.08% | -0.48% | -0.18% | -0.20% | -0.30% | -0.30% | -0.20% | -0.10% | -0.21% | -0.27% | -0.31% | -0.41% | -0.18% | -0.24% | — | -0.52% | -0.24% | -0.25% | -0.21% | -0.25% | -0.25% | -0.62% | -0.37% |
| Backpack | -0.18% | -1.18% | -0.58% | -0.28% | -0.30% | -0.40% | — | -0.30% | -0.20% | -0.31% | -0.37% | -0.41% | -0.51% | -0.28% | -0.34% | -0.32% | -0.62% | -0.34% | -0.35% | -0.31% | -0.35% | -0.35% | -0.72% | -0.47% |
| DigiFinex | -0.38% | -1.38% | -0.78% | -0.48% | -0.50% | -0.60% | -0.60% | -0.50% | -0.40% | -0.51% | -0.57% | -0.61% | -0.71% | -0.48% | -0.54% | -0.52% | — | -0.54% | -0.55% | -0.51% | -0.55% | -0.55% | -0.92% | -0.67% |
| LBank | -0.18% | -1.18% | -0.58% | -0.29% | -0.31% | — | -0.41% | -0.31% | -0.21% | -0.31% | -0.37% | -0.41% | -0.52% | -0.29% | -0.34% | -0.33% | -0.63% | -0.35% | -0.35% | -0.31% | -0.35% | -0.35% | -0.72% | -0.48% |
| XT.COM | -0.11% | -1.11% | -0.51% | -0.21% | -0.24% | -0.33% | -0.33% | -0.24% | -0.14% | -0.24% | -0.30% | -0.34% | -0.44% | -0.22% | — | -0.26% | -0.56% | -0.28% | -0.28% | -0.24% | -0.28% | -0.28% | -0.65% | -0.41% |
| Aster | -0.06% | -1.07% | -0.47% | -0.17% | -0.19% | -0.29% | -0.29% | -0.19% | -0.09% | -0.20% | -0.26% | -0.30% | -0.40% | — | -0.23% | -0.21% | -0.51% | -0.23% | -0.23% | -0.20% | -0.24% | -0.24% | -0.61% | -0.36% |
| Bitget | -0.12% | -1.12% | -0.52% | -0.22% | — | -0.34% | -0.34% | -0.25% | -0.15% | -0.25% | -0.31% | -0.35% | -0.45% | -0.23% | -0.28% | -0.26% | -0.56% | -0.28% | -0.29% | -0.25% | -0.29% | -0.29% | -0.66% | -0.41% |
| Paradex | -0.06% | -1.06% | -0.46% | -0.16% | -0.19% | -0.28% | -0.29% | -0.19% | -0.09% | -0.19% | -0.25% | -0.29% | -0.40% | -0.17% | -0.22% | -0.21% | -0.51% | -0.23% | -0.23% | — | -0.23% | -0.23% | -0.60% | -0.36% |
| WOOFi Pro | -0.11% | -1.11% | -0.51% | -0.22% | -0.24% | -0.33% | -0.34% | -0.24% | -0.14% | -0.24% | -0.30% | -0.34% | -0.45% | -0.22% | -0.27% | -0.26% | -0.56% | -0.28% | -0.28% | -0.24% | -0.28% | — | -0.65% | -0.41% |
| Crypto.com | -1.05% | — | -1.45% | -1.15% | -1.17% | -1.27% | -1.27% | -1.17% | -1.07% | -1.18% | -1.24% | -1.28% | -1.38% | -1.15% | -1.21% | -1.19% | -1.49% | -1.21% | -1.22% | -1.18% | -1.22% | -1.22% | -1.59% | -1.34% |
| Kraken | -0.18% | -1.18% | -0.58% | — | -0.31% | -0.40% | -0.41% | -0.31% | -0.21% | -0.31% | -0.37% | -0.41% | -0.52% | -0.29% | -0.34% | -0.33% | -0.63% | -0.35% | -0.35% | -0.31% | -0.35% | -0.35% | -0.72% | -0.48% |
| HTX | — | -1.24% | -0.64% | -0.34% | -0.36% | -0.46% | -0.46% | -0.37% | -0.27% | -0.37% | -0.43% | -0.47% | -0.57% | -0.34% | -0.40% | -0.38% | -0.68% | -0.40% | -0.41% | -0.37% | -0.41% | -0.41% | -0.78% | -0.53% |
| Bitfinex | -0.63% | -1.63% | — | -0.74% | -0.76% | -0.85% | -0.86% | -0.76% | -0.66% | -0.76% | -0.82% | -0.86% | -0.97% | -0.74% | -0.80% | -0.78% | -1.08% | -0.80% | -0.80% | -0.76% | -0.80% | -0.81% | -1.17% | -0.93% |

## Frequently asked questions

### Is there a PEPE arbitrage opportunity right now?

Yes. On spot markets, you can buy PEPE on Bybit at 0.000004281 and sell on BtcTurk at 0.00000429, a 0.02% net spread after 0.19% in taker fees.

### Which exchange has the cheapest PEPE?

Lowest ask price: Spot: Bitfinex at 0.00000428; Perpetual: WhiteBIT at 0.000004277.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.
