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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.051%
Price spread now: Paradex against Extended−0.030%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 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Paradex is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 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-USD0.0000050830.0800pay 0.0100% / 1h15m 24s$539K$277K25x
ShortParadex kPEPE-USD-PERP0.0000050810.0570get 0.0570% / 8h2h 15m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$48.25
Price spread: −0.030% → 0.000%
−$3
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$60.25
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 32 min ago; Paradex: 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, 32 min ago2.98 bp7.5 bp −$742.8 bp −$428doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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-USD0.0000%1h0.000005075−0.164%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0007%1h0.000005085+0.034%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005080−0.059%$58K$178K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005086+0.052%$100.0M$407.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005087+0.079%$163.0M$94.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005091+0.154%$25.2M$71.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005080−0.065%$607K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005083+0.007%$28K$540K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005088+0.103%$1K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005083+0.008%$573K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005092+0.181%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0220%1h0.0000050830.000%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0333%8h0.000005093+0.203%$45.4M$211.4M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0392%8h0.000005084+0.018%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0424%8h0.0000050830.000%$46.8M$700.0M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0538%1h0.000005082−0.019%$72K$127K25xas long as short
BloFin PEPE-USDT+0.0550%8h0.0000050830.000%$4.4M$28.6M75xas long as short
Paradex kPEPE-USD-PERPshort+0.0570%8h0.000005081−0.030%$6K20x
Phemex u1000PEPEUSDT+0.0623%8h0.000005083−0.002%$2.4M$7.9M50xas long as short
Lighter 1000PEPE+0.0640%1h0.0000050830.000%$601K$9.1M10xas long as short
Backpack kPEPE_USDC_PERP+0.0665%1h0.000005082−0.023%$70K$840K15xas long as short
Nado kPEPE-PERP+0.0671%1h0.000005093+0.207%$166K$945K10xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005085+0.040%$613$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005073−0.196%$655K$37.3M50xas long as short
BingX 1000PEPE-USDT+0.0761%8h0.000005088+0.103%$239.5Mas long as short
Binance 1000PEPEUSDT+0.0798%8h0.000005089+0.126%$142.3M$1.42B75xas long as short
MEXC PEPE_USDT+0.0799%8h0.000005093+0.193%$98.1M$303.4M300xas long as short
Extended 1000PEPE-USDlong+0.0800%1h0.000005083long leg$539K$277K25x
Aevo 1000PEPE-PERP+0.0800%1h0.000005086+0.059%$144K3xas long as short
Aster 1000PEPEUSDT+0.0839%8h0.000005090+0.138%$1.8M$11.3M50xas long as short
Kraken Futures PF_PEPEUSD+0.0840%1h0.000005081−0.036%$4.6M$16.7M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0865%1h0.000005080−0.059%$156K$815K25xas long as short
Hyperliquid kPEPE+0.1006%1h0.000005096+0.256%$54.0M$153.0M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2171%1h0.000005000−1.632%$64K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005027−1.101%$3K$111K12xas long as short