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−0.0479%/8h= −52.4% APRnext payment $4.79 per $10,000 · paid last 24h −0.029%
Price spread now: Paradex against Aster−0.009%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000PEPEUSDT0.0000048070.0859pay 0.0859% / 8h2h 32m$1.5M$6.7M50x
ShortParadex kPEPE-USD-PERP0.0000048060.0381get 0.0381% / 8h2h 32m$5K$1620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$100.5
Price spread: −0.009% → 0.000%
−$0.85
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$113.35
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Paradex: 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 Aster live order book, 1 min ago1.25 bp11.5 bp −$1225.9 bp −$259doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
dYdX PEPE-USD0.0000%1h0.000004800−0.144%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004801−0.125%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004804−0.056%$56.8M$70.1M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004806−0.015%$59K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004793−0.285%$88.3M$273.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004800−0.139%$148.7M$61.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004800−0.139%$23.7M$52.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004799−0.153%$705K$3.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004804−0.062%$27K$338K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004826+0.402%$1K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000004801−0.112%$553K$3.5M75xas long as short
OKX PEPE-USDT-SWAP+0.0128%8h0.000004803−0.077%$41.3M$488.1M50xas long as short
Bitget PEPEUSDT+0.0171%8h0.000004802−0.100%$43.3M$152.1M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004810+0.071%$7K15xas long as short
BloFin PEPE-USDT+0.0245%8h0.000004812+0.110%$3.9M$21.7M75xas long as short
Lighter 1000PEPE+0.0304%1h0.000004806−0.015%$591K$5.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0318% / S −0.0217%1h0.000004000−16.783%$52K100xas long as short
Orderly PERP_1000PEPE_USDC+0.0377%8h0.000004808+0.019%$30K$11K20xas long as short
Paradex kPEPE-USD-PERPshort+0.0381%8h0.000004806−0.009%$5K$1620x
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004816+0.193%$577K$25.4M50xas long as short
Phemex u1000PEPEUSDT+0.0467%8h0.000004811+0.085%$2.3M$6.3M50xas long as short
Backpack kPEPE_USDC_PERP+0.0488%1h0.000004805−0.029%$95K$622K15xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004814+0.152%$4K$92K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0583%1h0.000004807+0.006%$81K$94K25xas long as short
SoDEX 1000PEPE-USD+0.0627%1h0.000004808+0.027%$2K$9K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0670%1h0.000004816+0.193%$100K$758K25xas long as short
Nado kPEPE-PERP+0.0670%1h0.000004815+0.164%$180K$859K10xas long as short
Kraken Futures PF_PEPEUSD+0.0762%1h0.000004808+0.028%$3.9M$13.0M50xas long as short
BingX 1000PEPE-USDC+0.0766%8h0.000004796−0.221%$2.3Mas long as short
MEXC PEPE_USDT+0.0814%8h0.000004810+0.062%$90.1M$289.8M300xas long as short
Extended 1000PEPE-USD+0.0816%1h0.000004802−0.101%$529K$147K25xas long as short
Aevo 1000PEPE-PERP+0.0816%1h0.000004811+0.089%$136K3xas long as short
Binance 1000PEPEUSDT+0.0818%8h0.000004804−0.054%$127.4M$1.02B75xas long as short
Aster 1000PEPEUSDTlong+0.0859%8h0.000004807long leg$1.5M$6.7M50x
01 Exchange kPEPEUSD+0.1232%1h0.000004812+0.110%$551$2K10xas long as short