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 07:00 UTC−0.0668%/8h= −73.1% APRpaid last 24h −0.103%
Price spread now: KuCoin against Extended+0.006%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.006%, 7d avg +0.021%
Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment. 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-USD0.0000050690.0768pay 0.0096% / 1h31m 57s$538K$279K25x
ShortKuCoin PEPEUSDTM0.0000050700.0100get 0.0100% / 8h1h 31m$25.7M$72.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$140.28
Price spread: +0.006% → +0.021%
−$1.46
Slippage, 4 orders
−$23.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$182.37
Costs to cover
0.406%
Break-even
never at this rate
Slippage from Extended: live order book, 11 min ago; KuCoin: live order book, 7 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, 11 min ago2.91 bp7.3 bp −$741.0 bp −$410doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago1.75 bp13.6 bp −$1427.4 bp −$274doesn'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
Injective PEPE/USDC PERP−0.0016%1h0.000005077+0.148%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005069−0.010%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005063−0.132%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005072+0.050%$59K$181K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005070+0.008%$99.0M$418.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005066−0.069%$161.5M$97.0M75xas long as short
KuCoin PEPEUSDTMshort+0.0100%8h0.000005070+0.006%$25.7M$72.3M75x
Variational Omni 1000PEPE+0.0100%8h0.000005114+0.870%$611K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005128+1.146%$28K$542K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005076+0.132%$1K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005080+0.198%$587K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0147%1h0.000005069−0.010%$2K$11K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0188%1h0.000005132+1.233%$155K$822K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005066−0.065%$8K15xas long as short
Bitget PEPEUSDT+0.0291%8h0.000005070+0.004%$45.3M$215.6M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0343%1h0.000005066−0.069%$72K$127K25xas long as short
Backpack kPEPE_USDC_PERP+0.0388%1h0.000005068−0.031%$73K$859K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0389%8h0.000005067−0.053%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0409%8h0.000005072+0.050%$47.1M$720.0M50xas long as short
Kraken Futures PF_PEPEUSD+0.0461%1h0.000005066−0.062%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0495%8h0.000005068−0.021%$6K20xas long as short
BloFin PEPE-USDT+0.0535%8h0.000005077+0.148%$4.5M$29.2M75xas long as short
Phemex u1000PEPEUSDT+0.0582%8h0.000005069−0.008%$2.4M$8.0M50xas long as short
Lighter 1000PEPE+0.0584%1h0.000005072+0.050%$604K$9.1M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005064−0.108%$685K$38.3M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005071+0.030%$612$3K10xas long as short
BingX 1000PEPE-USDT+0.0732%8h0.000005069−0.010%$217.7Mas long as short
MEXC PEPE_USDT+0.0765%8h0.000005067−0.055%$96.5M$304.3M300xas long as short
Binance 1000PEPEUSDT+0.0766%8h0.000005072+0.052%$139.2M$1.46B75xas long as short
Aster 1000PEPEUSDT+0.0766%8h0.000005072+0.056%$1.8M$11.7M50xas long as short
Extended 1000PEPE-USDlong+0.0768%1h0.000005069long leg$538K$279K25x
Aevo 1000PEPE-PERP+0.0768%1h0.000005070+0.010%$143K3xas long as short
Nado kPEPE-PERP+0.0777%1h0.000005067−0.043%$163K$959K10xas long as short
Hyperliquid kPEPE+0.0956%1h0.000005073+0.069%$52.9M$156.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−1.371%$63K100xas long as short