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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against HTX−0.030%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.030%, 7d avg −0.015%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000050000.0100pay 0.0100% / 8h2h 36m$560K$4.1M75x
ShortKuCoin PEPEUSDTM0.0000049980.0100get 0.0100% / 8h2h 36m$25.2M$70.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.030% → −0.015%
−$1.48
Slippage, 4 orders
−$44.12
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$69.6
Costs to cover
0.681%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago7.28 bp19.7 bp −$2036.2 bp −$362104.6 bp −$10.5Kdoesn't fit
Sell KuCoin live order book, 8 min ago1.59 bp14.7 bp −$1525.7 bp −$257doesn'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%1h0.000005008+0.174%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000004994−0.102%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005015+0.310%$57K$177K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004997−0.050%$98.6M$403.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004997−0.050%$161.5M$93.8M75xas long as short
KuCoin PEPEUSDTMshort+0.0100%8h0.000004998−0.030%$25.2M$70.6M75x
Variational Omni 1000PEPE+0.0100%8h0.000005011+0.223%$601K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005003+0.069%$28K$537K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005006+0.126%$1K$2.6M20xas long as short
HTX PEPE-USDTlong+0.0100%8h0.000005000long leg$560K$4.1M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit 1000PEPE_USDC-PERPETUAL+0.0150%1h0.000004996−0.070%$71K$127K25xas long as short
SoDEX 1000PEPE-USD+0.0153%1h0.000004997−0.050%$2K$10K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004998−0.039%$8K15xas long as short
Bitget PEPEUSDT+0.0339%8h0.000004997−0.048%$45.0M$209.6M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0407%8h0.000005001+0.036%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0422%8h0.000004999−0.010%$46.1M$681.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0539%8h0.000005009+0.186%$6K20xas long as short
BloFin PEPE-USDT+0.0546%8h0.000005020+0.410%$4.4M$27.9M75xas long as short
01 Exchange kPEPEUSD+0.0648%1h0.000005010+0.210%$604$3K10xas long as short
Phemex u1000PEPEUSDT+0.0650%8h0.000005003+0.072%$2.4M$7.9M50xas long as short
Backpack kPEPE_USDC_PERP+0.0675%1h0.000005018+0.362%$73K$830K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005014+0.290%$637K$36.8M50xas long as short
Lighter 1000PEPE+0.0744%1h0.000005023+0.470%$596K$9.0M10xas long as short
Nado kPEPE-PERP+0.0747%1h0.000005002+0.056%$165K$941K10xas long as short
BingX 1000PEPE-USDT+0.0769%8h0.000005000+0.006%$238.7Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005004+0.090%$141K3xas long as short
MEXC PEPE_USDT+0.0803%8h0.000005000+0.014%$97.0M$300.9M300xas long as short
Binance 1000PEPEUSDT+0.0804%8h0.000005003+0.068%$141.0M$1.40B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000004995−0.083%$530K$277K25xas long as short
ApeX Omni 1000PEPEUSDT+0.0832%1h0.000004993−0.130%$153K$813K25xas long as short
Kraken Futures PF_PEPEUSD+0.0855%1h0.000004994−0.109%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0862%8h0.000005008+0.167%$1.8M$11.1M50xas long as short
Hyperliquid kPEPE+0.1032%1h0.000005004+0.090%$52.7M$151.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1083% / S −0.2019%1h0.000004000−19.992%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034+0.690%$3K$111K12xas long as short