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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: edgeX against HTX−0.265%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.265%, 7d avg −0.009%
Together, before fees+0.195%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.256% cheaper against HTX than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000050400.0100pay 0.0100% / 8h2h 21m$564K$4.1M75x
ShortedgeX 1000PEPEUSDC0.0000050260.0100get 0.0050% / 4h2h 21m$28K$538K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$0
Price spread: −0.265% → −0.009%
−$25.6
Slippage, 4 orders
−$28.71
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$75.3
Costs to cover
0.497%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; edgeX: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago12.32 bp19.8 bp −$2032.8 bp −$32897.2 bp −$9,715doesn't fit
Sell edgeX live order book, 27 min ago0.99 bp5.6 bp −$68.6 bp −$86doesn't fitdoesn't fit

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%1h0.000005064+0.480%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000005035−0.091%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005069+0.579%$58K$177K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005070+0.591%$99.3M$405.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005067+0.540%$162.3M$94.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005068+0.554%$25.1M$71.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005002−0.756%$598K$5.4Mas long as short
edgeX 1000PEPEUSDCshort+0.0100%4h0.000005026−0.265%$28K$538K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005049+0.185%$1K$2.6M20xas long as short
HTX PEPE-USDTlong+0.0100%8h0.000005040long leg$564K$4.1M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005072+0.632%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0221%1h0.000005048+0.163%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0333%8h0.000005073+0.659%$45.4M$210.8M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0396%8h0.000005044+0.075%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0420%8h0.000005074+0.679%$46.8M$695.7M50xas long as short
BloFin PEPE-USDT+0.0549%8h0.000005021−0.373%$4.4M$28.0M75xas long as short
Paradex kPEPE-USD-PERP+0.0565%8h0.000005062+0.431%$6K20xas long as short
Backpack kPEPE_USDC_PERP+0.0639%1h0.000005047+0.137%$73K$832K15xas long as short
Phemex u1000PEPEUSDT+0.0649%8h0.0000050400.000%$2.4M$7.9M50xas long as short
Lighter 1000PEPE+0.0672%1h0.000005073+0.659%$601K$9.1M10xas long as short
01 Exchange kPEPEUSD+0.0672%1h0.000005076+0.718%$612$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005045+0.103%$643K$37.1M50xas long as short
Nado kPEPE-PERP+0.0683%1h0.000005071+0.628%$168K$944K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0717%1h0.000005024−0.314%$154K$813K25xas long as short
BingX 1000PEPE-USDT+0.0751%8h0.000005070+0.603%$239.3Mas long as short
Extended 1000PEPE-USD+0.0792%1h0.000005071+0.609%$536K$277K25xas long as short
MEXC PEPE_USDT+0.0792%8h0.000005075+0.698%$96.9M$302.5M300xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000005042+0.044%$143K3xas long as short
Binance 1000PEPEUSDT+0.0792%8h0.000005072+0.643%$142.2M$1.41B75xas long as short
Aster 1000PEPEUSDT+0.0840%8h0.000005068+0.566%$1.8M$11.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0846%1h0.000005049+0.174%$4.6M$16.7M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0941%1h0.000005042+0.044%$72K$127K25xas long as short
Hyperliquid kPEPE+0.0993%1h0.000005077+0.738%$53.8M$152.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1129% / S −0.2171%1h0.000005000−0.790%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004992−0.948%$3K$111K12xas long as short