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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.054%
Price spread now: 01 Exchange against ApeX Omni+0.459%55s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.459% dearer against ApeX Omni than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000PEPEUSDT0.0000047960.0214pay 0.0027% / 1h49m 58s$100K$760K25x
Short01 Exchange kPEPEUSD0.0000048180.0240get 0.0030% / 1h49m 58s$552$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$5.46
Price spread: +0.459% → 0.000%
$45.87
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$34.33
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 29 min ago; 01 Exchange: 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, 29 min ago5.11 bp12.2 bp −$12100.3 bp −$1,003doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Hyperliquid kPEPE−0.0215%1h0.000004809+0.271%$67.1M$87.4M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004818+0.455%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004811+0.315%$14K150xas long as short
Kraken Futures PF_PEPEUSD+0.0066%1h0.000004813+0.348%$3.9M$13.5M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004820+0.500%$60K$114K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004816+0.413%$86.6M$287.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004809+0.271%$150.9M$63.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004817+0.427%$24.7M$54.2M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004815+0.392%$42.5M$149.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004816+0.415%$585K$4.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004806+0.214%$28K$344K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004824+0.575%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004812+0.334%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004815+0.388%$545K$3.5M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004820+0.491%$7K15xas long as short
Lighter 1000PEPE+0.0200%1h0.000004817+0.438%$636K$6.3M10xas long as short
ApeX Omni 1000PEPEUSDTlong+0.0214%1h0.000004796long leg$100K$760K25x
Paradex kPEPE-USD-PERP+0.0217%8h0.000004823+0.563%$5K$1620xas long as short
OKX PEPE-USDT-SWAP+0.0217%8h0.000004817+0.438%$41.8M$498.7M50xas long as short
Phemex u1000PEPEUSDT+0.0235%8h0.000004818+0.448%$2.3M$6.4M50xas long as short
01 Exchange kPEPEUSDshort+0.0240%1h0.000004818+0.459%$552$2K10x
BloFin PEPE-USDT+0.0339%8h0.000004819+0.480%$3.9M$22.4M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0355% / S −0.0394%1h0.000004000−16.597%$43K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004818+0.459%$578K$25.7M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0431%8h0.000004815+0.394%$30K$12K20xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004814+0.375%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0582%1h0.000004814+0.375%$81K$94K25xas long as short
Backpack kPEPE_USDC_PERP+0.0592%1h0.000004816+0.419%$91K$601K15xas long as short
BingX 1000PEPE-USDT+0.0673%8h0.000004816+0.413%$256.3Mas long as short
Extended 1000PEPE-USD+0.0696%1h0.000004816+0.415%$529K$148K25xas long as short
Aevo 1000PEPE-PERP+0.0696%1h0.000004820+0.500%$136K3xas long as short
Binance 1000PEPEUSDT+0.0696%8h0.000004819+0.487%$132.3M$1.05B75xas long as short
MEXC PEPE_USDT+0.0699%8h0.000004812+0.342%$96.1M$279.2M300xas long as short
Aster 1000PEPEUSDT+0.0702%8h0.000004817+0.430%$1.5M$7.3M50xas long as short
Nado kPEPE-PERP+0.0832%1h0.000004822+0.542%$185K$845K10xas long as short