Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0842%/8h= −92.2% APRnext payment $1.05 per $10,000 · paid last 24h −0.053%
Price spread now: gTrade (Gains Network) against Aevo−0.743%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and gTrade (Gains Network) is 0.743% cheaper against Aevo than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000PEPE-PERP0.0000048840.0848pay 0.0106% / 1h23m 18s$138K3x
ShortgTrade (Gains Network) PEPE/USD0.000004848L +0.0006% / S −0.0006%get 0.0001% / 1h23m 18s$14K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$176.91
Price spread: −0.743% → 0.000%
−$74.32
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$277.23
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, just now; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, just now408.35 bp1709.8 bp −$1,710doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000004852−0.657%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0006%1h0.000004848−0.743%$14K150x
Hyperliquid kPEPE+0.0100%1h0.000004854−0.614%$58.0M$71.1M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004857−0.553%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004852−0.657%$88.3M$274.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004852−0.655%$151.3M$62.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004855−0.598%$25.2M$53.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004837−0.956%$705K$3.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004818−1.352%$27K$337K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004865−0.381%$1K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000004855−0.598%$559K$3.5M75xas long as short
OKX PEPE-USDT-SWAP+0.0148%8h0.000004854−0.614%$41.6M$489.9M50xas long as short
Bitget PEPEUSDT+0.0179%8h0.000004853−0.629%$43.0M$152.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004855−0.603%$7K15xas long as short
BloFin PEPE-USDT+0.0268%8h0.000004854−0.614%$3.9M$21.9M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0319% / S −0.0217%1h0.000004000−18.100%$53K100xas long as short
Orderly PERP_1000PEPE_USDC+0.0395%8h0.000004856−0.571%$30K$11K20xas long as short
Phemex u1000PEPEUSDT+0.0451%8h0.000004854−0.606%$2.3M$6.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004857−0.553%$582K$25.4M50xas long as short
Paradex kPEPE-USD-PERP+0.0466%8h0.000004859−0.513%$5K$1620xas long as short
Lighter 1000PEPE+0.0472%1h0.000004857−0.553%$620K$5.2M10xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004866−0.369%$4K$110K12xas long as short
Backpack kPEPE_USDC_PERP+0.0639%1h0.000004850−0.692%$93K$623K15xas long as short
Nado kPEPE-PERP+0.0688%1h0.000004856−0.572%$192K$847K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0736%1h0.000004809−1.536%$100K$760K25xas long as short
Kraken Futures PF_PEPEUSD+0.0754%1h0.000004853−0.627%$3.9M$13.0M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0781%1h0.000004854−0.614%$82K$94K25xas long as short
BingX 1000PEPE-USDT+0.0789%8h0.000004855−0.586%$255.0Mas long as short
SoDEX 1000PEPE-USD+0.0821%1h0.000004855−0.594%$2K$9K10xas long as short
Extended 1000PEPE-USD+0.0848%1h0.000004852−0.647%$534K$147K25xas long as short
Aevo 1000PEPE-PERPlong+0.0848%1h0.000004884long leg$138K3x
MEXC PEPE_USDT+0.0849%8h0.000004859−0.514%$91.5M$290.7M300xas long as short
Binance 1000PEPEUSDT+0.0850%8h0.000004855−0.594%$129.2M$1.02B75xas long as short
Aster 1000PEPEUSDT+0.0891%8h0.000004857−0.557%$1.5M$6.8M50xas long as short
01 Exchange kPEPEUSD+0.1248%1h0.000004863−0.430%$557$2K10xas long as short