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+0.0403%/8h= +44.2% APRpaid last 24h +0.038%
Price spread now: OKX against gTrade (Gains Network)+0.124%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 +$12 a day on $10k at the current rate, and OKX is 0.124% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 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/USD0.000005007L +0.0005% / S −0.0005%pay 0.0001% / 1h51m 56s$3K150x
ShortOKX PEPE-USDT-SWAP0.0000050130.0409get 0.0409% / 8h2h 51m$46.2M$676.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$84.71
Price spread: +0.124% → 0.000%
$12.38
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$77.09
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.00 bp7.4 bp −$712.3 bp −$12335.3 bp −$3,531doesn'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%1h0.000005001−0.124%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0005% / S −0.0005%1h0.000005007long leg$3K150x
Pacifica kPEPE+0.0100%1h0.000005005−0.036%$63K$165K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005006−0.016%$98.6M$399.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005016+0.184%$161.3M$92.3M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005022+0.300%$25.0M$70.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004979−0.563%$597K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004977−0.586%$27K$536K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005018+0.224%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005013+0.132%$562K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005012+0.103%$8K15xas long as short
Bitget PEPEUSDT+0.0344%8h0.000005014+0.146%$45.1M$207.8M75xas long as short
SoDEX 1000PEPE-USD+0.0352%1h0.000005015+0.164%$2K$10K10xas long as short
OKX PEPE-USDT-SWAPshort+0.0409%8h0.000005013+0.124%$46.2M$676.7M50x
Orderly PERP_1000PEPE_USDC+0.0415%8h0.000005012+0.114%$33K$27K20xas long as short
BloFin PEPE-USDT+0.0531%8h0.000004989−0.356%$4.7M$27.6M75xas long as short
Paradex kPEPE-USD-PERP+0.0544%8h0.000005010+0.064%$6K20xas long as short
Lighter 1000PEPE+0.0608%1h0.000005025+0.364%$604K$9.0M10xas long as short
Backpack kPEPE_USDC_PERP+0.0613%1h0.000005018+0.232%$73K$826K15xas long as short
01 Exchange kPEPEUSD+0.0656%1h0.000005016+0.184%$605$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005024+0.344%$626K$36.5M50xas long as short
Phemex u1000PEPEUSDT+0.0697%8h0.000005025+0.356%$2.4M$7.8M50xas long as short
BingX 1000PEPE-USDT+0.0778%8h0.000005012+0.106%$238.2Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005016+0.184%$142K3xas long as short
MEXC PEPE_USDT+0.0806%8h0.0000050070.000%$96.9M$298.4M300xas long as short
Binance 1000PEPEUSDT+0.0807%8h0.000005011+0.080%$141.9M$1.39B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005011+0.082%$530K$262K25xas long as short
Kraken Futures PF_PEPEUSD+0.0851%1h0.000005016+0.186%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0876%8h0.000005013+0.118%$1.7M$10.9M50xas long as short
Nado kPEPE-PERP+0.0897%1h0.000005014+0.154%$167K$939K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0949%1h0.000005012+0.104%$71K$127K25xas long as short
Hyperliquid kPEPE+0.0994%1h0.000005017+0.204%$53.1M$150.4M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1046% / S −0.1629%1h0.000005000−0.136%$67K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005327+6.395%$3K$111K12xas long as short
ApeX Omni 1000PEPEUSDT+0.2033%1h0.000004976−0.615%$153K$812K25xas long as short