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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0232%/8h= −25.4% APRnext payment $0.29 per $10,000 · paid last 24h +0.034%
Price spread now: 01 Exchange against Extended+0.030%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. 01 Exchange is 0.030% dearer against Extended than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000047750.0552pay 0.0069% / 1h0m 40s$524K$148K25x
Short01 Exchange kPEPEUSD0.0000047760.0320get 0.0040% / 1h0m 40s$547$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$48.72
Price spread: +0.030% → 0.000%
$3.05
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$57.67
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 12 min ago; 01 Exchange: 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, 12 min ago3.17 bp7.8 bp −$846.0 bp −$460doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Hyperliquid kPEPE−0.0332%1h0.000004768−0.137%$69.4M$100.0M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004772−0.058%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004762−0.259%$14K150xas long as short
Kraken Futures PF_PEPEUSD+0.0067%1h0.000004766−0.174%$3.9M$13.9M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004775+0.010%$56K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004771−0.070%$87.5M$295.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004773−0.032%$150.9M$65.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004777+0.051%$24.2M$54.9M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004778+0.062%$42.2M$151.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004764−0.224%$552K$4.2Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004764−0.225%$25K$352K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004762−0.263%$100K$755K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004772−0.051%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004768−0.137%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004771−0.064%$539K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0156%8h0.000004770−0.085%$2.3M$6.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0179%8h0.000004776+0.022%$5K$1620xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004765−0.209%$7K15xas long as short
Lighter 1000PEPE+0.0192%1h0.000004778+0.072%$577K$6.6M10xas long as short
OKX PEPE-USDT-SWAP+0.0193%8h0.000004778+0.072%$42.7M$502.0M50xas long as short
BloFin PEPE-USDT+0.0314%8h0.000004771−0.074%$3.9M$22.6M75xas long as short
01 Exchange kPEPEUSDshort+0.0320%1h0.000004776+0.030%$547$2K10x
Orderly PERP_1000PEPE_USDC+0.0342%8h0.000004770−0.104%$29K$13K20xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0397% / S −0.0437%1h0.000004000−16.222%$43K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004773−0.032%$559K$25.7M50xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004746−0.598%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0536%1h0.000004769−0.110%$93K$603K15xas long as short
BingX 1000PEPE-USDC+0.0540%8h0.000004775+0.007%$2.3Mas long as short
Aster 1000PEPEUSDT+0.0549%8h0.000004775+0.016%$1.5M$7.3M50xas long as short
Extended 1000PEPE-USDlong+0.0552%1h0.000004775long leg$524K$148K25x
MEXC PEPE_USDT+0.0554%8h0.000004779+0.087%$90.7M$283.9M300xas long as short
Binance 1000PEPEUSDT+0.0555%8h0.000004775+0.019%$134.3M$1.07B75xas long as short
Aevo 1000PEPE-PERP+0.0560%1h0.000004769−0.116%$135K3xas long as short
Nado kPEPE-PERP+0.0584%1h0.000004764−0.225%$180K$849K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0589%1h0.000004769−0.116%$77K$98K25xas long as short