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+0.0193%/8h= +21.2% APRnext payment +$1.93 per $10,000 · paid last 24h −0.004%
Price spread now: Paradex against BingX+0.487%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Paradex is 0.487% dearer against BingX than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDC0.0000050250.0562pay 0.0562% / 8h5h 38m$2.3M
ShortParadex kPEPE-USD-PERP0.0000050500.0755get 0.0755% / 8h5h 38m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$40.63
Price spread: +0.487% → 0.000%
$48.74
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$75.37
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago1.00 bp11.0 bp −$1121.1 bp −$21195.3 bp −$9,533289.8 bp −$144.9K
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%1h0.000005046+0.426%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005032+0.143%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005058+0.655%$64K$136K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005029+0.070%$98.4M$334.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005029+0.078%$164.8M$74.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005037+0.241%$25.3M$62.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005034+0.185%$46.2M$171.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005050+0.486%$680K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005056+0.621%$27K$423K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005059+0.673%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005031+0.121%$574K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005047+0.432%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0309%8h0.000005035+0.197%$45.8M$582.0M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0316%8h0.000005035+0.205%$33K$24K20xas long as short
BloFin PEPE-USDT+0.0424%8h0.000005043+0.356%$4.3M$25.1M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0546%1h0.000005031+0.117%$61K$114K25xas long as short
SoDEX 1000PEPE-USD+0.0556%1h0.000005035+0.197%$2K$12K10xas long as short
BingX 1000PEPE-USDClong+0.0562%8h0.000005025long leg$2.3M
GMX PEPE/USD [ETH-USDC]L +0.0574% / S −0.0885%1h0.000005000−0.499%$49K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005038+0.257%$836K$30.9M50xas long as short
MEXC PEPE_USDT+0.0604%8h0.000005034+0.177%$95.8M$287.9M300xas long as short
Binance 1000PEPEUSDT+0.0605%8h0.000005026+0.011%$140.9M$1.20B75xas long as short
Extended 1000PEPE-USD+0.0608%1h0.000005034+0.185%$533K$221K25xas long as short
Aevo 1000PEPE-PERP+0.0608%1h0.000005036+0.217%$142K3xas long as short
Phemex u1000PEPEUSDT+0.0639%8h0.000005038+0.265%$2.4M$7.0M50xas long as short
Aster 1000PEPEUSDT+0.0700%8h0.000005032+0.135%$1.8M$9.0M50xas long as short
Paradex kPEPE-USD-PERPshort+0.0755%8h0.000005050+0.487%$6K20x
Nado kPEPE-PERP+0.0887%1h0.000005049+0.471%$184K$866K10xas long as short
Backpack kPEPE_USDC_PERP+0.0917%1h0.000005027+0.048%$98K$618K15xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+1.590%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0976%1h0.000005058+0.655%$610$3K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0992%1h0.000005065+0.794%$99K$752K25xas long as short
Kraken Futures PF_PEPEUSD+0.1383%1h0.000005032+0.128%$4.2M$15.1M50xas long as short
Lighter 1000PEPE+0.1464%1h0.000005036+0.217%$715K$8.0M10xas long as short
Hyperliquid kPEPE+0.1787%1h0.000005035+0.197%$55.4M$137.3M10xas long as short