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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0778%/8h= −85.2% APRpaid last 24h −0.074%
Price spread now: dYdX against BingX−0.045%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 6 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 against this trade now: funding costs −$23 a day on $10k at the current rate, and dYdX is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDC0.0000051480.0778pay 0.0778% / 8h3h 08m$2.3M
ShortdYdX PEPE-USD0.0000051460get 0.0000% / 1h8m 18s$19K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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
−$163.38
Price spread: −0.045% → 0.000%
−$4.52
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$187.9
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; dYdX: 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 BingX live order book, 10 min ago0.76 bp12.9 bp −$1322.2 bp −$22299.8 bp −$9,979333.8 bp −$166.9K
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.000005146−0.045%$19K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005142−0.128%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+3.469%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005151+0.051%$65K$164K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005143−0.097%$104.3M$387.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005145−0.066%$169.9M$89.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005148−0.014%$25.7M$68.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005209+1.168%$661K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005220+1.396%$29K$534K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005155+0.136%$1K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005143−0.105%$577K$4.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005149+0.003%$8K15xas long as short
Bitget PEPEUSDT+0.0334%8h0.000005149+0.019%$49.5M$192.2M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0404%8h0.000005145−0.060%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0419%8h0.000005149+0.012%$49.2M$672.5M50xas long as short
SoDEX 1000PEPE-USD+0.0487%1h0.000005149+0.012%$2K$10K10xas long as short
Paradex kPEPE-USD-PERP+0.0525%8h0.000005141−0.138%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0528%1h0.000005145−0.066%$73K$127K25xas long as short
BloFin PEPE-USDT+0.0550%8h0.000005168+0.381%$4.8M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0702%8h0.000005150+0.025%$2.4M$7.7M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005152+0.070%$703K$36.1M50xas long as short
BingX 1000PEPE-USDClong+0.0778%8h0.000005148long leg$2.3M
ApeX Omni 1000PEPEUSDT+0.0819%1h0.000005224+1.468%$161K$809K25xas long as short
Extended 1000PEPE-USD+0.0824%1h0.000005149+0.008%$544K$242K25xas long as short
Aevo 1000PEPE-PERP+0.0824%1h0.000005160+0.225%$146K3xas long as short
MEXC PEPE_USDT+0.0825%8h0.000005149+0.006%$96.3M$297.6M300xas long as short
Binance 1000PEPEUSDT+0.0826%8h0.000005149+0.008%$148.1M$1.35B75xas long as short
Nado kPEPE-PERP+0.0890%1h0.000005143−0.100%$177K$924K10xas long as short
Aster 1000PEPEUSDT+0.0909%8h0.000005151+0.048%$1.8M$10.5M50xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005142−0.124%$620$3K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1005% / S −0.2036%1h0.000005000−2.882%$63K100xas long as short
Lighter 1000PEPE+0.1096%1h0.000005155+0.128%$638K$8.9M10xas long as short
Backpack kPEPE_USDC_PERP+0.1136%1h0.000005163+0.282%$67K$724K15xas long as short
Hyperliquid kPEPE+0.1469%1h0.000005150+0.031%$55.9M$146.4M10xas long as short
Kraken Futures PF_PEPEUSD+0.1587%1h0.000005146−0.055%$4.7M$16.5M50xas long as short