My suggestion is fairly crazy to most of you I suppose, but... lose the peep sight altogether! I don't use one.

I have never used a peep sight!!! I tried it with my new bow, as I bought a package deal!!!! I took about 10 shots before I removed it!!! No peep, and I still shoot 3" at 35yds! I have never nor will I ever shoot more than 35yds at a deer! One less thing to go wrong!!!!

I do however use a little thread and white out to mark the spot on the string!!

If you have a consistent anchor you dont need a peep at all. If you struggle with anchor problems then I would start working on my anchor. But what the hell do I know just my 2 cents