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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0708%/8h= −77.5% APRnext payment $0.89 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Extended−0.054%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 3 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 −$21 a day on $10k at the current rate, and SoDEX is 0.054% cheaper against Extended than usual: you would sell low and buy high (−$5 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-USD0.0000048130.0808pay 0.0101% / 1h29m 59s$529K$148K25x
ShortSoDEX 1000PEPE-USD0.0000048100.0100get 0.0013% / 1h29m 59s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$148.68
Price spread: −0.054% → 0.000%
−$5.37
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$167.05
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 53 min ago; SoDEX: 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, 53 min ago3.09 bp7.6 bp −$843.9 bp −$439doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.000004808−0.097%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004809−0.070%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004814+0.029%$573K$5.6M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004807−0.116%$62.1M$79.4M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004813+0.009%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004810−0.062%$87.0M$280.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004808−0.095%$149.7M$62.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004810−0.064%$24.7M$54.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004818+0.110%$574K$4.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004832+0.398%$27K$344K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004817+0.085%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USDshort+0.0100%1h0.000004810−0.054%$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000004812−0.018%$544K$3.5M75xas long as short
Bitget PEPEUSDT+0.0145%8h0.000004810−0.045%$42.3M$151.7M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004810−0.057%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0203%8h0.000004814+0.029%$41.7M$491.4M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0212% / S −0.0092%1h0.000004000−16.885%$54K100xas long as short
BloFin PEPE-USDT+0.0325%8h0.000004819+0.133%$3.9M$22.1M75xas long as short
Paradex kPEPE-USD-PERP+0.0352%8h0.000004814+0.033%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0395%8h0.000004818+0.113%$2.3M$6.4M50xas long as short
01 Exchange kPEPEUSD+0.0432%1h0.000004815+0.050%$552$2K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0445%8h0.000004811−0.035%$29K$11K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004814+0.029%$594K$25.6M50xas long as short
Backpack kPEPE_USDC_PERP+0.0573%1h0.000004811−0.031%$92K$615K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0582%1h0.000004810−0.054%$81K$94K25xas long as short
ApeX Omni 1000PEPEUSDT+0.0656%1h0.000004829+0.341%$103K$764K25xas long as short
Nado kPEPE-PERP+0.0748%1h0.000004813+0.015%$185K$855K10xas long as short
BingX 1000PEPE-USDC+0.0799%8h0.000004812−0.010%$2.3Mas long as short
Extended 1000PEPE-USDlong+0.0808%1h0.000004813long leg$529K$148K25x
Binance 1000PEPEUSDT+0.0811%8h0.000004806−0.131%$130.1M$1.04B75xas long as short
MEXC PEPE_USDT+0.0815%8h0.000004810−0.045%$90.9M$284.2M300xas long as short
Aevo 1000PEPE-PERP+0.0824%1h0.000004818+0.113%$136K3xas long as short
Aster 1000PEPEUSDT+0.0837%8h0.000004815+0.057%$1.5M$7.0M50xas long as short
Injective PEPE/USDC PERP+0.0873%1h0.000004825+0.258%$4K$103K12xas long as short
Kraken Futures PF_PEPEUSD+0.1326%1h0.000004809−0.072%$3.9M$13.3M50xas long as short