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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0619%/8h= +67.8% APRnext payment +$0.77 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against GMX+21.077%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Extended is 21.077% dearer against GMX than usual: you sell high and buy low: +$2,108 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX PEPE/USD [ETH-USDC]0.000004000L +0.0213% / S −0.0093%pay 0.0027% / 1h35m 15s$54K100x
ShortExtended 1000PEPE-USD0.0000048430.0832get 0.0104% / 1h35m 15s$532K$148K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
$129.95
Price spread: +21.077% → 0.000%
$2,107.66
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$2,220.6
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Extended: live order book, 48 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 GMX no order-book sample
Sell Extended live order book, 48 min ago3.09 bp7.6 bp −$844.2 bp −$442doesn't fitdoesn't fit
GMX: 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%1h0.000004838+20.959%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004841+21.017%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004844+21.100%$592K$5.5M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004843+21.075%$62.0M$78.3M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004843+21.075%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004841+21.025%$87.5M$279.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004842+21.050%$151.6M$62.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004842+21.048%$24.9M$53.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004851+21.274%$581K$4.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004858+21.444%$27K$343K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004852+21.290%$1K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004843+21.075%$3K$9K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004847+21.163%$548K$3.5M75xas long as short
Bitget PEPEUSDT+0.0155%8h0.000004840+21.008%$42.6M$151.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004847+21.167%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0203%8h0.000004845+21.125%$41.9M$493.8M50xas long as short
GMX PEPE/USD [ETH-USDC]longL +0.0213% / S −0.0093%1h0.000004000long leg$54K100x
BloFin PEPE-USDT+0.0323%8h0.000004842+21.050%$3.9M$22.2M75xas long as short
Paradex kPEPE-USD-PERP+0.0379%8h0.000004844+21.096%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0406%8h0.000004842+21.055%$2.3M$6.4M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0444%8h0.000004844+21.113%$30K$11K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004844+21.100%$615K$25.7M50xas long as short
01 Exchange kPEPEUSD+0.0472%1h0.000004849+21.225%$555$2K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0577%1h0.000004843+21.075%$82K$94K25xas long as short
Backpack kPEPE_USDC_PERP+0.0608%1h0.000004842+21.060%$91K$614K15xas long as short
Nado kPEPE-PERP+0.0730%1h0.000004845+21.117%$186K$854K10xas long as short
BingX 1000PEPE-USDT+0.0806%8h0.000004841+21.027%$256.1Mas long as short
Binance 1000PEPEUSDT+0.0832%8h0.000004845+21.118%$131.2M$1.03B75xas long as short
Extended 1000PEPE-USDshort+0.0832%1h0.000004843+21.077%$532K$148K25x
Aevo 1000PEPE-PERP+0.0832%1h0.000004847+21.175%$137K3xas long as short
MEXC PEPE_USDT+0.0836%8h0.000004844+21.113%$92.3M$283.6M300xas long as short
ApeX Omni 1000PEPEUSDT+0.0841%1h0.000004868+21.700%$104K$764K25xas long as short
Aster 1000PEPEUSDT+0.0860%8h0.000004843+21.086%$1.5M$7.0M50xas long as short
Injective PEPE/USDC PERP+0.0873%1h0.000004852+21.300%$4K$103K12xas long as short
Kraken Futures PF_PEPEUSD+0.1317%1h0.000004843+21.068%$4.0M$13.3M50xas long as short