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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.102%
Price spread now: gTrade (Gains Network) against ApeX Omni−1.348%67s7-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 −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 1.348% cheaper against ApeX Omni than usual: you would sell low and buy high (−$135 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000PEPEUSDT0.0000051320.0188pay 0.0024% / 1h32m 02s$155K$822K25x
ShortgTrade (Gains Network) PEPE/USD0.000005063L +0.0006% / S −0.0008%get 0.0001% / 1h32m 02s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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
−$37.79
Price spread: −1.348% → 0.000%
−$134.84
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$192.63
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 12 min ago; 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 ApeX Omni live order book, 12 min ago2.51 bp11.1 bp −$1155.9 bp −$559doesn'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
Injective PEPE/USDC PERP−0.0016%1h0.000005077−1.072%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005069−1.228%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005063−1.348%$4K150x
Pacifica kPEPE+0.0100%1h0.000005072−1.169%$59K$181K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005070−1.210%$99.0M$418.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005066−1.286%$161.5M$97.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005070−1.212%$25.7M$72.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005114−0.358%$611K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005128−0.086%$28K$542K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005076−1.087%$1K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005080−1.023%$587K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0147%1h0.000005069−1.228%$2K$11K10xas long as short
ApeX Omni 1000PEPEUSDTlong+0.0188%1h0.000005132long leg$155K$822K25x
Reya kPEPERUSDPERP+0.0189%1h0.000005066−1.282%$8K15xas long as short
Bitget PEPEUSDT+0.0291%8h0.000005070−1.214%$45.3M$215.6M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0343%1h0.000005066−1.286%$72K$127K25xas long as short
Backpack kPEPE_USDC_PERP+0.0388%1h0.000005068−1.249%$73K$859K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0389%8h0.000005067−1.270%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0409%8h0.000005072−1.169%$47.1M$720.0M50xas long as short
Kraken Futures PF_PEPEUSD+0.0461%1h0.000005066−1.279%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0495%8h0.000005068−1.239%$6K20xas long as short
BloFin PEPE-USDT+0.0535%8h0.000005077−1.072%$4.5M$29.2M75xas long as short
Phemex u1000PEPEUSDT+0.0582%8h0.000005069−1.226%$2.4M$8.0M50xas long as short
Lighter 1000PEPE+0.0584%1h0.000005072−1.169%$604K$9.1M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005064−1.325%$685K$38.3M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005071−1.189%$612$3K10xas long as short
BingX 1000PEPE-USDT+0.0732%8h0.000005069−1.228%$217.7Mas long as short
MEXC PEPE_USDT+0.0765%8h0.000005067−1.272%$96.5M$304.3M300xas long as short
Binance 1000PEPEUSDT+0.0766%8h0.000005072−1.167%$139.2M$1.46B75xas long as short
Aster 1000PEPEUSDT+0.0766%8h0.000005072−1.163%$1.8M$11.7M50xas long as short
Extended 1000PEPE-USD+0.0768%1h0.000005069−1.218%$538K$279K25xas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005070−1.208%$143K3xas long as short
Nado kPEPE-PERP+0.0777%1h0.000005067−1.260%$163K$959K10xas long as short
Hyperliquid kPEPE+0.0956%1h0.000005073−1.150%$52.9M$156.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−2.572%$63K100xas long as short