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 05:00 UTC+0.0599%/8h= +65.6% APRnext payment +$0.75 per $10,000 · paid last 24h −0.024%
Price spread now: ApeX Omni against Extended−0.279%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.279%, 7d avg +0.026%
Together, before fees+0.461%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.305% cheaper against Extended than usual: you would sell low and buy high (spread −0.279% now, against its 7-day average of +0.026%). If the spread goes back, that is −$30 on $10k: about 41 hours of funding at the current rate (+$18 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000052680.0784pay 0.0098% / 1h55m 21s$560K$226K25x
ShortApeX Omni 1000PEPEUSDT0.0000052530.1383get 0.0173% / 1h55m 21s$173K$798K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
$125.82
Price spread: −0.279% → +0.026%
−$30.49
Slippage, 4 orders
−$22.07
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$58.26
Costs to cover
0.371%
Break-even
3.8 days
Slippage from Extended: live order book, 62 min ago; ApeX Omni: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 62 min ago2.98 bp7.4 bp −$742.8 bp −$428doesn't fitdoesn't fit
Sell ApeX Omni live order book, 63 min ago3.94 bp11.1 bp −$1184.9 bp −$849doesn't fitdoesn't fit

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%1h0.000005265−0.060%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005264−0.065%$15K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005258−0.184%$3K$110K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005274+0.120%$70K$152K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005266−0.038%$102.9M$366.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005260−0.146%$172.3M$84.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005262−0.103%$27.2M$66.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005279+0.206%$747K$5.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005261−0.132%$38K$491K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005290+0.420%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005300+0.613%$619K$3.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005265−0.045%$8K15xas long as short
Bitget PEPEUSDT+0.0243%8h0.000005273+0.097%$48.6M$183.4M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0373%8h0.000005274+0.120%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0407%8h0.000005270+0.044%$51.3M$660.6M50xas long as short
BloFin PEPE-USDT+0.0526%8h0.000005272+0.082%$4.5M$27.6M75xas long as short
Phemex u1000PEPEUSDT+0.0585%8h0.000005290+0.416%$2.6M$7.4M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0697%1h0.000005286+0.347%$75K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005302+0.651%$778K$35.8M50xas long as short
BingX 1000PEPE-USDC+0.0742%8h0.000005265−0.055%$2.3Mas long as short
Lighter 1000PEPE+0.0744%1h0.000005274+0.120%$639K$8.4M10xas long as short
Extended 1000PEPE-USDlong+0.0784%1h0.000005268long leg$560K$226K25x
MEXC PEPE_USDT+0.0787%8h0.000005268+0.015%$102.3M$291.2M300xas long as short
Binance 1000PEPEUSDT+0.0792%8h0.000005274+0.125%$153.4M$1.29B75xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000005274+0.120%$149K3xas long as short
Paradex kPEPE-USD-PERP+0.0799%8h0.000005262−0.109%$6K20xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0865% / S −0.1707%1h0.000005000−5.082%$64K100xas long as short
SoDEX 1000PEPE-USD+0.0879%1h0.000005294+0.499%$2K$10K10xas long as short
Aster 1000PEPEUSDT+0.0913%8h0.000005273+0.095%$1.9M$9.8M50xas long as short
Nado kPEPE-PERP+0.0923%1h0.000005266−0.030%$186K$912K10xas long as short
01 Exchange kPEPEUSD+0.1360%1h0.000005278+0.196%$637$3K10xas long as short
ApeX Omni 1000PEPEUSDTshort+0.1383%1h0.000005253−0.279%$173K$798K25x
Backpack kPEPE_USDC_PERP+0.1428%1h0.000005285+0.334%$84K$715K15xas long as short
Kraken Futures PF_PEPEUSD+0.1541%1h0.000005297+0.557%$4.8M$16.2M50xas long as short
Hyperliquid kPEPE+0.1592%1h0.000005272+0.082%$57.4M$143.6M10xas long as short