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 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.073%
Price spread now: Extended against Binance−0.418%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)+0.325%+$32 · spread now −0.418%, 7d avg −0.058%
Together, before fees+0.406%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.360% cheaper against Binance than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000PEPEUSDT0.0000052240.0750pay 0.0750% / 8h45m 19s$143.3M$1.48B75x
ShortExtended 1000PEPE-USD0.0000052030.0752get 0.0094% / 1h45m 19s$544K$284K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$0.46
Price spread: −0.418% → −0.058%
−$35.98
Slippage, 4 orders
−$12.38
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$62.9
Costs to cover
0.274%
Break-even
960.0 days
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 57 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 Binance live order book, 14 min ago0.19 bp6.7 bp −$711.9 bp −$11930.8 bp −$3,084doesn't fit
Sell Extended live order book, 57 min ago2.91 bp7.3 bp −$743.0 bp −$430doesn'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%1h0.000005192−0.621%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005220−0.078%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005203−0.410%$60K$182K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005225+0.008%$101.9M$424.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005226+0.031%$165.5M$98.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005200−0.458%$651K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005205−0.371%$29K$546K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000005142−1.577%$150K$832K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005218−0.117%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005217−0.138%$607K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0119%8h0.000005208−0.310%$26.9M$73.1M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005225+0.009%$8K15xas long as short
Bitget PEPEUSDT+0.0277%8h0.000005226+0.029%$46.9M$218.1M75xas long as short
SoDEX 1000PEPE-USD+0.0371%1h0.000005212−0.237%$2K$11K10xas long as short
OKX PEPE-USDT-SWAP+0.0386%8h0.000005231+0.126%$48.1M$751.7M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005188−0.697%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0407%8h0.000005228+0.075%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0502%8h0.000005199−0.479%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0505%8h0.000005213−0.211%$2.4M$8.1M50xas long as short
BloFin PEPE-USDT+0.0510%8h0.000005209−0.295%$4.6M$30.3M75xas long as short
Backpack kPEPE_USDC_PERP+0.0523%1h0.000005208−0.316%$75K$872K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005210−0.276%$700K$39.6M50xas long as short
Lighter 1000PEPE+0.0648%1h0.000005208−0.314%$620K$9.0M10xas long as short
Nado kPEPE-PERP+0.0679%1h0.000005221−0.063%$167K$954K10xas long as short
Kraken Futures PF_PEPEUSD+0.0704%1h0.000005211−0.265%$4.8M$16.7M50xas long as short
BingX 1000PEPE-USDC+0.0710%8h0.000005227+0.044%$2.3Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0711%1h0.000005210−0.276%$74K$127K25xas long as short
01 Exchange kPEPEUSD+0.0728%1h0.000005212−0.237%$629$2K10xas long as short
Aster 1000PEPEUSDT+0.0737%8h0.000005229+0.081%$1.8M$11.7M50xas long as short
MEXC PEPE_USDT+0.0749%8h0.000005227+0.048%$101.8M$304.2M300xas long as short
Binance 1000PEPEUSDTlong+0.0750%8h0.000005224long leg$143.3M$1.48B75x
Extended 1000PEPE-USDshort+0.0752%1h0.000005203−0.418%$544K$284K25x
Aevo 1000PEPE-PERP+0.0752%1h0.000005237+0.241%$148K3xas long as short
Hyperliquid kPEPE+0.1005%1h0.000005230+0.107%$54.3M$157.3M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1135% / S −0.2342%1h0.000005000−4.295%$64K100xas long as short