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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1010%/8h= +110.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.150%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.275%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 +$30 a day on $10k at the current rate, and 01 Exchange is 0.275% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$28 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/USD0.000005270L +0.0006% / S −0.0006%pay 0.0001% / 1h28m 38s$14K150x
Short01 Exchange kPEPEUSD0.0000052850.1016get 0.0127% / 1h28m 38s$637$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$212.17
Price spread: +0.275% → 0.000%
$27.51
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$222.68
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell 01 Exchange no order-book sample
gTrade (Gains Network) and 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
dYdX PEPE-USD0.0000%1h0.000005263−0.151%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0006% / S −0.0006%1h0.000005270long leg$14K150x
Injective PEPE/USDC PERP+0.0092%1h0.000005327+1.072%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005273+0.047%$67K$162K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005268−0.055%$107.0M$378.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005264−0.123%$174.7M$87.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005269−0.030%$26.3M$68.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005312+0.779%$747K$5.1Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005299+0.545%$29K$535K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005282+0.214%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005287+0.317%$600K$3.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005285+0.270%$8K15xas long as short
Bitget PEPEUSDT+0.0291%8h0.000005274+0.065%$51.3M$190.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0320%1h0.000005268−0.047%$75K$126K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0389%8h0.000005267−0.066%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0435%8h0.000005274+0.066%$51.5M$678.4M50xas long as short
SoDEX 1000PEPE-USD+0.0479%1h0.000005271+0.009%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0563%8h0.000005267−0.066%$4.9M$28.3M75xas long as short
Paradex kPEPE-USD-PERP+0.0582%8h0.000005271+0.004%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0624%8h0.000005269−0.028%$2.5M$7.5M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005288+0.332%$706K$36.6M50xas long as short
BingX 1000PEPE-USDC+0.0763%8h0.000005263−0.137%$2.3Mas long as short
Extended 1000PEPE-USD+0.0800%1h0.000005274+0.057%$559K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005258−0.237%$149K3xas long as short
MEXC PEPE_USDT+0.0801%8h0.000005276+0.104%$103.3M$295.1M300xas long as short
Binance 1000PEPEUSDT+0.0803%8h0.000005271+0.004%$153.7M$1.33B75xas long as short
Nado kPEPE-PERP+0.0875%1h0.000005282+0.221%$190K$916K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0904%1h0.000005308+0.712%$163K$808K25xas long as short
Aster 1000PEPEUSDT+0.0918%8h0.000005276+0.097%$1.9M$10.3M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0945% / S −0.1879%1h0.000005000−5.132%$65K100xas long as short
01 Exchange kPEPEUSDshort+0.1016%1h0.000005285+0.275%$637$3K10x
Backpack kPEPE_USDC_PERP+0.1199%1h0.000005269−0.032%$69K$724K15xas long as short
Lighter 1000PEPE+0.1256%1h0.000005276+0.104%$699K$8.7M10xas long as short
Kraken Futures PF_PEPEUSD+0.1550%1h0.000005266−0.081%$4.8M$16.4M50xas long as short
Hyperliquid kPEPE+0.1624%1h0.000005277+0.123%$57.7M$145.3M10xas long as short