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 22:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.047%
Price spread now: Aevo against Aster−0.068%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,180as in the Price arb table
costs, in and out, $10k−$1,18011.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)+0.346%+$35 · spread now −0.068%, 7d avg −0.067%
Together, before fees+0.222%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000PEPEUSDT0.0000048850.0862pay 0.0862% / 8h2h 56m$1.5M$6.9M50x
ShortAevo 1000PEPE-PERP0.0000048820.0800get 0.0100% / 1h56m 46s$138K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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
−$12.99
Price spread: −0.068% → −0.067%
−$0.1
Slippage, 4 orders
−$1,156.35
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1,193.45
Costs to cover
11.804%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Aevo: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago0.61 bp10.3 bp −$1014.0 bp −$140doesn't fitdoesn't fit
Sell Aevo live order book, 32 min ago271.04 bp587.9 bp −$588doesn't fitdoesn't fitdoesn't fit

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%1h0.000004885−0.017%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004884−0.021%$15K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004896+0.219%$56.8M$67.0M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004888+0.055%$58K$108K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004889+0.078%$88.5M$267.9M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h0.000004897+0.239%$42.8M$489.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004892+0.137%$149.2M$59.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004895+0.192%$25.0M$49.7M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004887+0.028%$97K$593K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004925+0.804%$724K$3.8Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004915+0.606%$28K$337K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004897+0.243%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004890+0.096%$2K$9K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004899+0.272%$564K$3.6M75xas long as short
Bitget PEPEUSDT+0.0182%8h0.000004896+0.217%$45.9M$141.4M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004889+0.068%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004892+0.137%$4.0M$21.6M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0311% / S −0.0261%1h0.000004000−18.122%$48K100xas long as short
Lighter 1000PEPE+0.0320%1h0.000004890+0.096%$594K$4.9M10xas long as short
Orderly PERP_1000PEPE_USDC+0.0343%8h0.000004889+0.071%$30K$10K20xas long as short
Paradex kPEPE-USD-PERP+0.0356%8h0.000004887+0.031%$5K$2620xas long as short
ApeX Omni 1000PEPEUSDT+0.0381%1h0.000004904+0.383%$101K$754K25xas long as short
Phemex u1000PEPEUSDT+0.0443%8h0.000004885−0.008%$2.4M$6.2M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004887+0.035%$628K$25.2M50xas long as short
01 Exchange kPEPEUSD+0.0504%1h0.000004894+0.178%$561$2K10xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004898+0.260%$4K$92K12xas long as short
Kraken Futures PF_PEPEUSD+0.0749%1h0.000004890+0.099%$3.9M$12.5M50xas long as short
BingX 1000PEPE-USDT+0.0763%8h0.000004891+0.114%$253.7Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0774%1h0.000004889+0.076%$79K$91K25xas long as short
Nado kPEPE-PERP+0.0783%1h0.000004892+0.143%$193K$857K10xas long as short
MEXC PEPE_USDT+0.0796%8h0.000004899+0.288%$125.8M$279.0M300xas long as short
Binance 1000PEPEUSDT+0.0796%8h0.000004895+0.204%$131.5M$993.7M75xas long as short
Extended 1000PEPE-USD+0.0800%1h0.000004899+0.276%$537K$146K25xas long as short
Aevo 1000PEPE-PERPshort+0.0800%1h0.000004882−0.068%$138K3x
Aster 1000PEPEUSDTlong+0.0862%8h0.000004885long leg$1.5M$6.9M50x