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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0402%/8h= −44.1% APRpaid last 24h −0.099%
Price spread now: gTrade (Gains Network) against BloFin−0.074%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 feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and gTrade (Gains Network) is 0.074% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEPE-USDT0.0000049930.0407pay 0.0407% / 8h7h 02m$4.4M$30.0M75x
ShortgTrade (Gains Network) PEPE/USD0.000004989L +0.0005% / S −0.0005%get 0.0001% / 1h2m 22s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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
−$84.51
Price spread: −0.074% → 0.000%
−$7.41
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$113.92
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; gTrade (Gains Network): 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 BloFin live order book, 7 min ago2.00 bp9.2 bp −$914.8 bp −$14831.4 bp −$3,141doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000004989−0.074%$3K150x
Pacifica kPEPE+0.0100%1h0.000004997+0.080%$57K$197K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004989−0.080%$96.2M$447.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004987−0.120%$159.1M$103.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005002+0.174%$652K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004994+0.028%$27K$568K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004990−0.060%$145K$846K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004999+0.114%$2K$2.7M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004992−0.020%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004993−0.004%$583K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0136%8h0.000004994+0.020%$25.6M$75.9M75xas long as short
Bitget PEPEUSDT+0.0137%8h0.000004986−0.138%$44.4M$225.6M75xas long as short
Injective PEPE/USDC PERP+0.0147%1h0.000005001+0.160%$6K$121K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0151%1h0.000004991−0.040%$57K$139K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004993+0.006%$8K15xas long as short
Lighter 1000PEPE+0.0264%1h0.000005001+0.160%$591K$9.1M10xas long as short
OKX PEPE-USDT-SWAP+0.0281%8h0.000004990−0.060%$45.6M$740.7M50xas long as short
Hyperliquid kPEPE+0.0286%1h0.000004990−0.060%$51.5M$161.6M10xas long as short
Paradex kPEPE-USD-PERP+0.0293%8h0.0000049930.000%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0323%8h0.000005001+0.154%$2.3M$8.0M50xas long as short
Backpack kPEPE_USDC_PERP+0.0333%1h0.000004996+0.060%$66K$959K15xas long as short
BloFin PEPE-USDTlong+0.0407%8h0.000004993long leg$4.4M$30.0M75x
01 Exchange kPEPEUSD+0.0424%1h0.000004988−0.100%$602$2K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0433%8h0.000004991−0.048%$32K$31K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000004998+0.100%$666K$39.4M50xas long as short
BingX 1000PEPE-USDT+0.0563%8h0.000004989−0.074%$179.7Mas long as short
Nado kPEPE-PERP+0.0564%1h0.000004988−0.110%$152K$950K10xas long as short
Extended 1000PEPE-USD+0.0568%1h0.000004992−0.019%$525K$286K25xas long as short
Binance 1000PEPEUSDT+0.0570%8h0.000004992−0.017%$131.7M$1.55B75xas long as short
MEXC PEPE_USDT+0.0574%8h0.000004992−0.022%$99.1M$313.7M300xas long as short
Aevo 1000PEPE-PERP+0.0576%1h0.000004995+0.040%$141K3xas long as short
Aster 1000PEPEUSDT+0.0593%8h0.000004991−0.042%$1.7M$12.3M50xas long as short
Kraken Futures PF_PEPEUSD+0.0635%1h0.000004992−0.023%$4.6M$17.1M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0926% / S −0.1034%1h0.000004000−19.888%$50K100xas long as short
dYdX PEPE-USD+0.4927%1h0.000004993+0.004%$25K$12K10xas long as short