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 03:00 UTC+0.0429%/8h= +46.9% APRpaid last 24h +0.075%
Price spread now: BloFin against dYdX−0.445%92s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.445% cheaper against dYdX than usual: you would sell low and buy high (spread −0.445% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 3.5 days of funding at the current rate (+$13 a day). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000050500get 0.0000% / 1h35m 33s$19K$9510x
ShortBloFin PEPE-USDT0.0000050280.0429get 0.0429% / 8h5h 35m$4.3M$25.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$90.04
Price spread: −0.445% → 0.000%
−$44.53
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$23.51
Costs to cover
0.220%
Break-even
5.2 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 8 min ago. 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 dYdX no order-book sample
Sell BloFin live order book, 8 min ago1.98 bp8.0 bp −$811.7 bp −$11742.7 bp −$4,272104.1 bp −$52.0K
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-USDlong0.0000%1h0.000005050long leg$19K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005037−0.261%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005053+0.050%$64K$136K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005064+0.262%$99.2M$334.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005059+0.169%$165.9M$74.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005049−0.031%$25.5M$62.2M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005068+0.347%$46.5M$171.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005042−0.178%$681K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005040−0.203%$36K$434K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005048−0.053%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005028−0.453%$574K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005067+0.336%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0314%8h0.000005069+0.367%$46.2M$586.6M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0316%8h0.000005047−0.065%$33K$24K20xas long as short
BloFin PEPE-USDTshort+0.0429%8h0.000005028−0.445%$4.3M$25.1M75x
BingX 1000PEPE-USDT+0.0575%8h0.000005062+0.228%$260.9Mas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005018−0.643%$838K$30.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0577% / S −0.0892%1h0.000005000−1.000%$49K100xas long as short
SoDEX 1000PEPE-USD+0.0588%1h0.000005050−0.010%$2K$12K10xas long as short
MEXC PEPE_USDT+0.0607%8h0.000005061+0.206%$96.0M$288.5M300xas long as short
Extended 1000PEPE-USD+0.0608%1h0.000005062+0.227%$535K$221K25xas long as short
Aevo 1000PEPE-PERP+0.0608%1h0.000005042−0.168%$143K3xas long as short
Binance 1000PEPEUSDT+0.0612%8h0.000005069+0.366%$142.2M$1.20B75xas long as short
Phemex u1000PEPEUSDT+0.0635%8h0.000005052+0.026%$2.4M$7.0M50xas long as short
Aster 1000PEPEUSDT+0.0705%8h0.000005049−0.031%$1.8M$9.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0773%8h0.000005060+0.188%$6K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0862%1h0.000005040−0.208%$99K$753K25xas long as short
Nado kPEPE-PERP+0.0869%1h0.000005067+0.325%$184K$866K10xas long as short
Backpack kPEPE_USDC_PERP+0.0925%1h0.000005054+0.064%$98K$618K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0940%1h0.000005047−0.069%$61K$114K25xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+1.079%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005074+0.466%$612$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1379%1h0.000005047−0.075%$4.2M$15.1M50xas long as short
Lighter 1000PEPE+0.1400%1h0.000005053+0.050%$709K$8.0M10xas long as short
Hyperliquid kPEPE+0.1801%1h0.000005055+0.089%$55.6M$137.4M10xas long as short