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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h −0.023%
Price spread now: SoDEX against Aevo+0.059%7-day average · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.059% dearer against Aevo than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000PEPE-PERP0.0000050840.0672pay 0.0084% / 1h42m 56s$144K3x
ShortSoDEX 1000PEPE-USD0.0000050870.0671get 0.0084% / 1h42m 56s$2K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.11
Price spread: +0.059% → 0.000%
$5.9
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.21
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 16 min ago; SoDEX: 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, 16 min ago695.47 bp936.0 bp −$936doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.000005086+0.041%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005083−0.016%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005094+0.197%$65K$140K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005083−0.020%$99.5M$345.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005085+0.020%$167.9M$76.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005087+0.057%$26.2M$63.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005034−0.992%$675K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005021−1.246%$31K$452K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005099+0.303%$1K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005083−0.012%$580K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0168%8h0.000005087+0.063%$46.4M$175.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005090+0.124%$8K15xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005044−0.787%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0332%8h0.000005087+0.059%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0361%8h0.000005088+0.079%$45.7M$601.4M50xas long as short
BloFin PEPE-USDT+0.0482%8h0.000005085+0.020%$4.4M$25.5M75xas long as short
Phemex u1000PEPEUSDT+0.0605%8h0.000005087+0.051%$2.4M$7.1M50xas long as short
BingX 1000PEPE-USDT+0.0636%8h0.000005088+0.075%$261.7Mas long as short
ApeX Omni 1000PEPEUSDT+0.0663%1h0.000005050−0.669%$100K$742K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0669% / S −0.0920%1h0.000005000−1.652%$46K100xas long as short
SoDEX 1000PEPE-USDshort+0.0671%1h0.000005087+0.059%$2K$12K10x
Aevo 1000PEPE-PERPlong+0.0672%1h0.000005084long leg$144K3x
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005099+0.295%$981K$32.2M50xas long as short
MEXC PEPE_USDT+0.0676%8h0.000005093+0.169%$93.4M$287.4M300xas long as short
Extended 1000PEPE-USD+0.0680%1h0.000005087+0.050%$538K$226K25xas long as short
Binance 1000PEPEUSDT+0.0681%8h0.000005090+0.118%$143.4M$1.22B75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0734%1h0.000005085+0.020%$72K$124K25xas long as short
Aster 1000PEPEUSDT+0.0770%8h0.000005093+0.175%$1.8M$9.2M50xas long as short
Nado kPEPE-PERP+0.0780%1h0.000005092+0.164%$193K$877K10xas long as short
Paradex kPEPE-USD-PERP+0.0792%8h0.000005091+0.133%$6K20xas long as short
Backpack kPEPE_USDC_PERP+0.0889%1h0.000005089+0.094%$99K$644K15xas long as short
Lighter 1000PEPE+0.0928%1h0.000005088+0.079%$582K$8.2M10xas long as short
01 Exchange kPEPEUSD+0.0968%1h0.000005103+0.374%$616$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1281%1h0.000005085+0.011%$4.4M$15.5M50xas long as short
Hyperliquid kPEPE+0.1464%1h0.000005093+0.177%$54.6M$140.2M10xas long as short