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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0601%/8h= +65.9% APRnext payment +$0.75 per $10,000 · paid last 24h +0.140%
Price spread now: Nado against gTrade (Gains Network)+0.108%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Nado is 0.108% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 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/USD0.000005148L +0.0006% / S −0.0008%pay 0.0001% / 1h47m 18s$4K150x
ShortNado kPEPE-PERP0.0000051530.0607get 0.0076% / 1h47m 18s$165K$965K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$126.31
Price spread: +0.108% → 0.000%
$10.78
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$120.09
Costs to cover
0.170%
Break-even
0.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Nado: live order book, 51 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 Nado live order book, 51 min ago2.91 bp11.9 bp −$1227.9 bp −$279doesn'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%1h0.000005150+0.035%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0006% / S −0.0008%1h0.000005148long leg$4K150x
Pacifica kPEPE+0.0100%1h0.000005158+0.198%$60K$186K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005147−0.016%$99.1M$435.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005150+0.043%$163.7M$99.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005142−0.119%$636K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005131−0.330%$28K$550K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005160+0.235%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005154+0.118%$603K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0109%8h0.000005148+0.008%$2.4M$8.1M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PEPE/USDC PERP+0.0147%1h0.000005135−0.249%$8K$120K12xas long as short
KuCoin PEPEUSDTM+0.0159%8h0.000005154+0.115%$26.9M$74.7M75xas long as short
SoDEX 1000PEPE-USD+0.0175%1h0.000005149+0.023%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005149+0.022%$8K15xas long as short
Bitget PEPEUSDT+0.0223%8h0.000005145−0.054%$46.2M$222.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0333%1h0.000005149+0.023%$73K$128K25xas long as short
OKX PEPE-USDT-SWAP+0.0341%8h0.000005149+0.023%$47.4M$752.5M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0360%1h0.000005128−0.385%$149K$835K25xas long as short
Paradex kPEPE-USD-PERP+0.0428%8h0.000005156+0.168%$6K20xas long as short
Orderly PERP_1000PEPE_USDC+0.0431%8h0.000005149+0.016%$34K$26K20xas long as short
BloFin PEPE-USDT+0.0461%8h0.000005148+0.004%$4.5M$30.6M75xas long as short
Backpack kPEPE_USDC_PERP+0.0468%1h0.000005149+0.031%$77K$895K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005155+0.140%$672K$40.1M50xas long as short
01 Exchange kPEPEUSD+0.0560%1h0.000005164+0.315%$623$2K10xas long as short
Hyperliquid kPEPE+0.0569%1h0.000005159+0.218%$53.4M$160.1M10xas long as short
Nado kPEPE-PERPshort+0.0607%1h0.000005153+0.108%$165K$965K10x
Kraken Futures PF_PEPEUSD+0.0616%1h0.000005145−0.062%$4.8M$16.7M50xas long as short
BingX 1000PEPE-USDC+0.0648%8h0.000005151+0.060%$2.3Mas long as short
Lighter 1000PEPE+0.0664%1h0.000005151+0.062%$624K$9.0M10xas long as short
MEXC PEPE_USDT+0.0676%8h0.000005153+0.095%$100.6M$306.2M300xas long as short
Binance 1000PEPEUSDT+0.0677%8h0.000005153+0.091%$142.3M$1.51B75xas long as short
Extended 1000PEPE-USD+0.0680%1h0.000005147−0.017%$539K$280K25xas long as short
Aevo 1000PEPE-PERP+0.0680%1h0.000005148+0.004%$146K3xas long as short
Aster 1000PEPEUSDT+0.0696%8h0.000005152+0.082%$1.7M$12.0M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1020% / S −0.1149%1h0.000005000−2.871%$51K100xas long as short