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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.028%
Price spread now: KuCoin against dYdX+0.102%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 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.102% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000051600get 0.0000% / 1h22m 13s$19K$64910x
ShortKuCoin PEPEUSDTM0.0000051650.0120get 0.0120% / 8h22m 13s$26.8M$74.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$25.2
Price spread: +0.102% → 0.000%
$10.25
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$13.45
Costs to cover
0.220%
Break-even
3.3 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago1.45 bp14.1 bp −$1424.6 bp −$246doesn't fitdoesn't fit
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%1h0.000005160long leg$19K$64910x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005157−0.062%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005168+0.155%$60K$183K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005162+0.037%$99.5M$429.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005158−0.039%$163.8M$99.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005155−0.106%$614K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005163+0.062%$28K$546K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005168+0.161%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005160−0.010%$601K$4.2M75xas long as short
KuCoin PEPEUSDTMshort+0.0120%8h0.000005165+0.102%$26.8M$74.0M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0132%1h0.000005165+0.097%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005161+0.016%$8K15xas long as short
Bitget PEPEUSDT+0.0259%8h0.000005166+0.116%$46.3M$219.9M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0306%1h0.000005162+0.039%$150K$835K25xas long as short
OKX PEPE-USDT-SWAP+0.0364%8h0.000005166+0.116%$47.8M$748.9M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005153−0.136%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0413%8h0.000005165+0.091%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0459%8h0.000005160−0.005%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0476%8h0.000005162+0.033%$2.4M$8.1M50xas long as short
BloFin PEPE-USDT+0.0483%8h0.000005195+0.678%$4.6M$30.6M75xas long as short
Backpack kPEPE_USDC_PERP+0.0515%1h0.000005163+0.054%$79K$889K15xas long as short
Lighter 1000PEPE+0.0520%1h0.000005167+0.135%$620K$9.1M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005172+0.232%$689K$39.9M50xas long as short
BingX 1000PEPE-USDC+0.0700%8h0.000005156−0.087%$2.3Mas long as short
Nado kPEPE-PERP+0.0700%1h0.000005160−0.009%$166K$958K10xas long as short
Kraken Futures PF_PEPEUSD+0.0711%1h0.000005160+0.002%$4.8M$16.7M50xas long as short
01 Exchange kPEPEUSD+0.0712%1h0.000005161+0.019%$623$2K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0719%1h0.000005164+0.077%$74K$127K25xas long as short
Extended 1000PEPE-USD+0.0720%1h0.000005165+0.096%$542K$284K25xas long as short
MEXC PEPE_USDT+0.0722%8h0.000005165+0.106%$101.4M$307.9M300xas long as short
Aster 1000PEPEUSDT+0.0723%8h0.000005168+0.147%$1.7M$11.9M50xas long as short
Binance 1000PEPEUSDT+0.0724%8h0.000005163+0.061%$142.2M$1.50B75xas long as short
Aevo 1000PEPE-PERP+0.0728%1h0.000005170+0.194%$146K3xas long as short
Hyperliquid kPEPE+0.0957%1h0.000005168+0.155%$53.9M$159.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1068% / S −0.1502%1h0.000005000−3.101%$47K100xas long as short