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 12:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h −0.053%
Price spread now: Reya against ApeX Omni+0.191%63s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.191% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000PEPEUSDT0.0000049280.0100pay 0.0013% / 1h49m 57s$109K$871K25x
ShortReya kPEPERUSDPERP0.0000049370.0189get 0.0024% / 1h49m 57s$7K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$18.74
Price spread: +0.191% → 0.000%
$19.12
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$21.86
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 57 min ago; Reya: 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, 57 min ago6.77 bp14.6 bp −$1589.2 bp −$892doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0233%1h0.000004937+0.180%$4.6M$16.1M50xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004942+0.290%$3K150xas long as short
01 Exchange kPEPEUSD+0.0048%1h0.000004931+0.061%$595$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004938+0.203%$600K$9.0M10xas long as short
Aevo 1000PEPE-PERP+0.0096%1h0.000004942+0.284%$140K3xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004939+0.222%$139K$952K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004939+0.223%$50.1M$155.4M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004922−0.122%$58K$198K10xas long as short
Binance 1000PEPEUSDT+0.0100%8h0.000004941+0.264%$127.3M$1.53B75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004939+0.215%$92.4M$446.3M50xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PEPE-USDT-SWAP+0.0100%8h0.000004933+0.101%$44.1M$720.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004934+0.122%$149.5M$103.2M75xas long as short
MEXC PEPE_USDT+0.0100%8h0.000004939+0.213%$99.3M$290.9M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004939+0.221%$24.4M$76.2M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004930+0.043%$43.6M$234.9M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004939+0.217%$75K$996K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004914−0.280%$637K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004925−0.054%$26K$573K20xas long as short
ApeX Omni 1000PEPEUSDTlong+0.0100%1h0.000004928long leg$109K$871K25x
SunX 1000PEPE-USDT+0.0100%8h0.000004937+0.183%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004942+0.284%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004940+0.246%$580K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004941+0.262%$2.3M$8.1M50xas long as short
BingX 1000PEPE-USDT+0.0103%8h0.000004938+0.211%$180.6Mas long as short
Extended 1000PEPE-USD+0.0104%1h0.000004929+0.017%$517K$288K25xas long as short
Paradex kPEPE-USD-PERP+0.0105%8h0.000004926−0.044%$6K20xas long as short
Aster 1000PEPEUSDT+0.0108%8h0.000004945+0.352%$1.7M$12.6M50xas long as short
Injective PEPE/USDC PERP+0.0176%1h0.000004904−0.487%$3K$123K12xas long as short
Reya kPEPERUSDPERPshort+0.0189%1h0.000004937+0.191%$7K15x
BloFin PEPE-USDT+0.0220%8h0.000004911−0.345%$4.2M$28.3M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0261%8h0.000004941+0.260%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0320%1h0.000004936+0.162%$704K$38.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0358%1h0.000004941+0.264%$61K$119K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0749% / S −0.0835%1h0.000004000−18.831%$50K100xas long as short
dYdX PEPE-USD+0.5017%1h0.000004921−0.142%$25K$18K10xas long as short