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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0770%/8h= +84.3% APRnext payment +$0.96 per $10,000 · paid last 24h +0.094%
Price spread now: ApeX Omni against gTrade (Gains Network)+0.032%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and ApeX Omni is 0.032% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) PEPE/USD0.000005021L +0.0005% / S −0.0001%pay 0.0001% / 1h35m 24s$6K150x
ShortApeX Omni 1000PEPEUSDT0.0000050230.0775get 0.0097% / 1h35m 24s$154K$814K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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
$161.61
Price spread: +0.032% → 0.000%
$3.19
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$144.8
Costs to cover
0.200%
Break-even
0.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 14 min ago. 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 gTrade (Gains Network) no order-book sample
Sell ApeX Omni live order book, 14 min ago1.29 bp9.4 bp −$996.8 bp −$968doesn't fitdoesn't fit
gTrade (Gains Network): 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%1h0.000005021−0.014%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0005% / S −0.0001%1h0.000005021long leg$6K150x
Pacifica kPEPE+0.0100%1h0.000005020−0.028%$57K$177K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005026+0.086%$99.0M$403.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005019−0.048%$162.1M$93.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005020−0.030%$25.1M$70.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004997−0.491%$599K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005025+0.077%$28K$537K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005006−0.311%$1K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005000−0.436%$560K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit 1000PEPE_USDC-PERPETUAL+0.0150%1h0.000004996−0.506%$71K$127K25xas long as short
SoDEX 1000PEPE-USD+0.0153%1h0.000004997−0.486%$2K$10K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005026+0.082%$8K15xas long as short
Bitget PEPEUSDT+0.0338%8h0.000005025+0.078%$45.3M$209.6M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0407%8h0.000005001−0.400%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0418%8h0.000005024+0.052%$46.2M$684.7M50xas long as short
Paradex kPEPE-USD-PERP+0.0535%8h0.000005019−0.055%$6K20xas long as short
BloFin PEPE-USDT+0.0546%8h0.000005020−0.028%$4.4M$27.9M75xas long as short
01 Exchange kPEPEUSD+0.0648%1h0.000005014−0.147%$605$3K10xas long as short
Phemex u1000PEPEUSDT+0.0650%8h0.000005003−0.364%$2.4M$7.9M50xas long as short
Backpack kPEPE_USDC_PERP+0.0658%1h0.000004997−0.484%$73K$830K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005014−0.147%$637K$36.8M50xas long as short
Lighter 1000PEPE+0.0704%1h0.000005021−0.008%$596K$9.0M10xas long as short
Nado kPEPE-PERP+0.0738%1h0.000005025+0.075%$166K$941K10xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005025+0.080%$2.3Mas long as short
ApeX Omni 1000PEPEUSDTshort+0.0775%1h0.000005023+0.032%$154K$814K25x
Binance 1000PEPEUSDT+0.0799%8h0.000005026+0.092%$141.1M$1.40B75xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005004−0.347%$141K3xas long as short
MEXC PEPE_USDT+0.0804%8h0.000005025+0.072%$96.7M$301.0M300xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005015−0.131%$530K$277K25xas long as short
Kraken Futures PF_PEPEUSD+0.0855%1h0.000004994−0.544%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0857%8h0.000005024+0.053%$1.8M$11.1M50xas long as short
Hyperliquid kPEPE+0.1036%1h0.000005029+0.151%$53.0M$151.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1097% / S −0.2050%1h0.000005000−0.426%$64K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034+0.251%$3K$111K12xas long as short