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 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.080%
Price spread now: Variational Omni against ApeX Omni−0.074%103s7-day average −0.084% · 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 4 days (all we have)−0.119%−$12 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.074%, 7d avg −0.084%
Together, before fees−0.121%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000PEPEUSDT0.0000049760.0100pay 0.0013% / 1h57m 52s$144K$850K25x
ShortVariational Omni 1000PEPE0.0000049720.0100get 0.0100% / 8h5h 57m$646K$5.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: −0.074% → −0.084%
$1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 54 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 54 min ago4.10 bp12.7 bp −$1364.2 bp −$642doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago5.02 bpdoesn't fit17.1 bp −$171doesn't fitdoesn't fit

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−0.0370%1h0.000004954−0.451%$4.6M$16.5M50xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004956−0.394%$3K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004959−0.342%$596K$9.0M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004958−0.362%$50.2M$156.1M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004964−0.241%$57K$195K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004957−0.384%$94.1M$440.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004955−0.422%$154.3M$101.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004954−0.432%$25.0M$75.6M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004959−0.336%$45.2M$224.0M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004954−0.450%$76K$988K15xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 1000PEPEshort+0.0100%8h0.000004972−0.074%$646K$5.3M
edgeX 1000PEPEUSDC+0.0100%4h0.000004974−0.038%$27K$571K20xas long as short
ApeX Omni 1000PEPEUSDTlong+0.0100%1h0.000004976long leg$144K$850K25x
SunX 1000PEPE-USDT+0.0100%8h0.000004967−0.185%$1K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004956−0.402%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004961−0.293%$582K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004959−0.340%$2.3M$8.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0112%8h0.000004964−0.242%$6K20xas long as short
01 Exchange kPEPEUSD+0.0120%1h0.000004959−0.342%$598$2K10xas long as short
OKX PEPE-USDT-SWAP+0.0152%8h0.000004959−0.342%$44.6M$722.5M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0154%1h0.000004956−0.402%$57K$115K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004956−0.400%$7K15xas long as short
BloFin PEPE-USDT+0.0274%8h0.000004975−0.020%$4.3M$28.8M75xas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004983+0.141%$5K$122K12xas long as short
Aster 1000PEPEUSDT+0.0304%8h0.000004959−0.342%$1.8M$12.4M50xas long as short
Extended 1000PEPE-USD+0.0304%1h0.000004956−0.409%$522K$285K25xas long as short
Aevo 1000PEPE-PERP+0.0304%1h0.000004958−0.362%$140K3xas long as short
MEXC PEPE_USDT+0.0307%8h0.000004953−0.468%$101.6M$294.3M300xas long as short
Binance 1000PEPEUSDT+0.0307%8h0.000004960−0.324%$128.2M$1.52B75xas long as short
BingX 1000PEPE-USDT+0.0311%8h0.000004955−0.416%$180.9Mas long as short
Nado kPEPE-PERP+0.0326%1h0.000004958−0.370%$136K$936K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0354%8h0.000004958−0.360%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004957−0.382%$691K$38.5M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−19.614%$51K100xas long as short
dYdX PEPE-USD+0.6623%1h0.000004977+0.019%$25K$18K10xas long as short