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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0688%/8h= +75.3% APRnext payment +$6.88 per $10,000 · paid last 24h +0.044%
Price spread now: Paradex against Gate−0.199%7-day average · you buy dearer than you sell
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 airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.199% cheaper against Gate than usual: you would sell low and buy high (spread −0.199% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 23 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEPE_USDT0.0000050190.0100pay 0.0100% / 8h4h 48m$166.3M$75.6M75x
ShortParadex kPEPE-USD-PERP0.0000050090.0788get 0.0788% / 8h4h 48m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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
$144.4
Price spread: −0.199% → 0.000%
−$19.86
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
$105.53
Costs to cover
0.190%
Break-even
1.9 days
Slippage unknown: Gate: live order book, 6 min ago; Paradex: 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 Gate live order book, 6 min ago0.99 bp13.4 bp −$1323.9 bp −$23982.1 bp −$8,212doesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.000005007−0.247%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005015−0.086%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005013−0.120%$64K$140K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005014−0.100%$98.1M$344.6M50xas long as short
Gate PEPE_USDTlong+0.0100%8h0.000005019long leg$166.3M$75.6M75x
KuCoin PEPEUSDTM+0.0100%8h0.000005019+0.002%$26.0M$63.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005027+0.152%$675K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005050+0.618%$31K$451K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005027+0.159%$2K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005016−0.060%$571K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0158%8h0.000005016−0.068%$45.9M$174.5M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005018−0.014%$8K15xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005044+0.498%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0328%8h0.000005018−0.030%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0359%8h0.0000050190.000%$45.1M$591.8M50xas long as short
SoDEX 1000PEPE-USD+0.0439%1h0.000005017−0.040%$2K$12K10xas long as short
BloFin PEPE-USDT+0.0480%8h0.000005004−0.299%$4.3M$25.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0548%1h0.000005017−0.040%$71K$124K25xas long as short
BingX 1000PEPE-USDC+0.0634%8h0.000005011−0.167%$2.3Mas long as short
Phemex u1000PEPEUSDT+0.0637%8h0.000005026+0.132%$2.4M$7.1M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0660% / S −0.1059%1h0.000005000−0.379%$50K100xas long as short
Extended 1000PEPE-USD+0.0664%1h0.000005016−0.067%$530K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0664%1h0.000005017−0.040%$142K3xas long as short
Binance 1000PEPEUSDT+0.0668%8h0.000005024+0.102%$141.3M$1.22B75xas long as short
MEXC PEPE_USDT+0.0668%8h0.000005022+0.058%$92.6M$286.8M300xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005020+0.020%$960K$31.6M50xas long as short
Aster 1000PEPEUSDT+0.0755%8h0.000005011−0.157%$1.8M$9.2M50xas long as short
Backpack kPEPE_USDC_PERP+0.0771%1h0.000005004−0.295%$95K$642K15xas long as short
Paradex kPEPE-USD-PERPshort+0.0788%8h0.000005009−0.199%$6K20x
Nado kPEPE-PERP+0.0835%1h0.000005022+0.056%$191K$877K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0878%1h0.000005031+0.239%$100K$743K25xas long as short
01 Exchange kPEPEUSD+0.0888%1h0.000005025+0.120%$606$3K10xas long as short
Lighter 1000PEPE+0.0920%1h0.000005025+0.120%$590K$8.2M10xas long as short
Kraken Futures PF_PEPEUSD+0.1298%1h0.000005017−0.035%$4.4M$15.4M50xas long as short
Hyperliquid kPEPE+0.1401%1h0.000005026+0.139%$53.8M$139.9M10xas long as short