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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0840%/8h= −92.0% APRnext payment $1.05 per $10,000 · paid last 24h −0.046%
Price spread now: dYdX against Extended−0.147%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and dYdX is 0.147% cheaper against Extended than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000048490.0840pay 0.0105% / 1h25m 50s$532K$147K25x
ShortdYdX PEPE-USD0.0000048420get 0.0000% / 1h25m 50s$18K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$176.4
Price spread: −0.147% → 0.000%
−$14.74
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$206.14
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 62 min ago; dYdX: 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 Extended live order book, 62 min ago3.05 bp7.7 bp −$845.1 bp −$451doesn't fitdoesn't fit
Sell dYdX no order-book sample
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-USDshort0.0000%1h0.000004842−0.147%$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004844−0.102%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004847−0.040%$57.7M$70.9M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004841−0.164%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004849+0.001%$88.0M$274.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004842−0.143%$150.9M$62.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004846−0.055%$25.1M$53.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004799−1.024%$702K$3.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004804−0.937%$27K$338K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004861+0.242%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000004856+0.149%$559K$3.5M75xas long as short
OKX PEPE-USDT-SWAP+0.0147%8h0.000004855+0.125%$41.6M$489.7M50xas long as short
Bitget PEPEUSDT+0.0178%8h0.000004847−0.042%$43.3M$151.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004848−0.013%$7K15xas long as short
BloFin PEPE-USDT+0.0260%8h0.000004813−0.741%$3.9M$21.7M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0319% / S −0.0217%1h0.000004000−17.508%$52K100xas long as short
Orderly PERP_1000PEPE_USDC+0.0390%8h0.000004856+0.137%$30K$11K20xas long as short
Lighter 1000PEPE+0.0440%1h0.000004850+0.022%$620K$5.2M10xas long as short
Paradex kPEPE-USD-PERP+0.0449%8h0.000004840−0.191%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0457%8h0.000004853+0.085%$2.3M$6.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004853+0.083%$582K$25.4M50xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004809−0.824%$4K$110K12xas long as short
Backpack kPEPE_USDC_PERP+0.0611%1h0.000004852+0.073%$95K$623K15xas long as short
Nado kPEPE-PERP+0.0693%1h0.000004848−0.019%$192K$856K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0726%1h0.000004803−0.948%$99K$759K25xas long as short
Kraken Futures PF_PEPEUSD+0.0755%1h0.000004851+0.036%$3.9M$13.1M50xas long as short
BingX 1000PEPE-USDC+0.0784%8h0.000004844−0.094%$2.3Mas long as short
SoDEX 1000PEPE-USD+0.0812%1h0.000004851+0.042%$2K$9K10xas long as short
MEXC PEPE_USDT+0.0831%8h0.000004850+0.024%$91.3M$290.4M300xas long as short
Aevo 1000PEPE-PERP+0.0832%1h0.000004840−0.185%$137K3xas long as short
Extended 1000PEPE-USDlong+0.0840%1h0.000004849long leg$532K$147K25x
Binance 1000PEPEUSDT+0.0845%8h0.000004851+0.049%$129.1M$1.02B75xas long as short
Aster 1000PEPEUSDT+0.0886%8h0.000004854+0.113%$1.5M$6.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0988%1h0.000004854+0.104%$82K$94K25xas long as short
01 Exchange kPEPEUSD+0.1256%1h0.000004859+0.207%$557$2K10xas long as short