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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0119%/8h= +13.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.003%
Price spread now: Paradex against Binance−0.162%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 airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.162% cheaper against Binance than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 4.5 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000PEPEUSDT0.0000050380.0671pay 0.0671% / 8h4h 46m$141.7M$1.22B75x
ShortParadex kPEPE-USD-PERP0.0000050300.0791get 0.0791% / 8h4h 46m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$25.06
Price spread: −0.162% → 0.000%
−$16.16
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$5.09
Costs to cover
0.140%
Break-even
8.4 days
Slippage unknown: Binance: live order book, 12 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 Binance live order book, 12 min ago0.20 bp7.7 bp −$814.7 bp −$14741.0 bp −$4,098doesn'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%1h0.000005027−0.226%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005020−0.371%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005031−0.149%$64K$140K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005032−0.129%$98.7M$345.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005033−0.109%$166.0M$75.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005029−0.187%$26.0M$63.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005027−0.236%$675K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005013−0.512%$31K$452K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005029−0.196%$2K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005020−0.369%$572K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0161%8h0.000005033−0.113%$46.0M$174.7M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005029−0.181%$8K15xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005044+0.109%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0330%8h0.000005028−0.216%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0358%8h0.000005035−0.069%$45.1M$594.4M50xas long as short
BloFin PEPE-USDT+0.0479%8h0.000005028−0.208%$4.3M$25.2M75xas long as short
SoDEX 1000PEPE-USD+0.0496%1h0.000005024−0.288%$2K$12K10xas long as short
BingX 1000PEPE-USDT+0.0635%8h0.000005038−0.014%$261.7Mas long as short
Phemex u1000PEPEUSDT+0.0638%8h0.000005027−0.218%$2.4M$7.1M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0662% / S −0.0910%1h0.000005000−0.764%$45K100xas long as short
Extended 1000PEPE-USD+0.0664%1h0.000005037−0.026%$532K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0664%1h0.000005023−0.308%$142K3xas long as short
MEXC PEPE_USDT+0.0667%8h0.000005031−0.145%$92.4M$287.0M300xas long as short
Binance 1000PEPEUSDTlong+0.0671%8h0.000005038long leg$141.7M$1.22B75x
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005033−0.109%$972K$31.7M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0746%1h0.000005024−0.288%$71K$124K25xas long as short
Aster 1000PEPEUSDT+0.0757%8h0.000005027−0.230%$1.8M$9.2M50xas long as short
Backpack kPEPE_USDC_PERP+0.0788%1h0.000005031−0.149%$98K$644K15xas long as short
Paradex kPEPE-USD-PERPshort+0.0791%8h0.000005030−0.162%$6K20x
Nado kPEPE-PERP+0.0834%1h0.000005033−0.108%$191K$877K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0852%1h0.000005009−0.585%$99K$743K25xas long as short
Lighter 1000PEPE+0.0904%1h0.000005032−0.129%$579K$8.2M10xas long as short
01 Exchange kPEPEUSD+0.0904%1h0.000005045+0.129%$609$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1297%1h0.000005021−0.339%$4.4M$15.4M50xas long as short
Hyperliquid kPEPE+0.1410%1h0.000005037−0.030%$54.0M$140.0M10xas long as short