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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0349%/8h= +38.3% APRnext payment +$3.49 per $10,000 · paid last 24h +0.031%
Price spread now: Paradex against HTX−0.340%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 0.340% cheaper against HTX than usual: you would sell low and buy high (spread −0.340% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 3.2 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000048560.0100pay 0.0100% / 8h2h 25m$559K$3.5M75x
ShortParadex kPEPE-USD-PERP0.0000048400.0449get 0.0449% / 8h2h 25m$5K$1620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$73.37
Price spread: −0.340% → 0.000%
−$34.02
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
$23.36
Costs to cover
0.160%
Break-even
4.8 days
Slippage unknown: HTX: live order book, 3 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 HTX live order book, 3 min ago7.07 bp13.5 bp −$1334.4 bp −$344doesn't fitdoesn'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%1h0.000004842−0.296%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004844−0.251%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004847−0.189%$57.7M$70.9M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004841−0.313%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004849−0.148%$88.0M$274.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004842−0.292%$150.9M$62.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004846−0.204%$25.1M$53.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004799−1.172%$702K$3.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004804−1.085%$27K$338K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004861+0.093%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDTlong+0.0100%8h0.000004856long leg$559K$3.5M75x
OKX PEPE-USDT-SWAP+0.0147%8h0.000004855−0.025%$41.6M$489.7M50xas long as short
Bitget PEPEUSDT+0.0178%8h0.000004847−0.192%$43.3M$151.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004848−0.162%$7K15xas long as short
BloFin PEPE-USDT+0.0260%8h0.000004813−0.890%$3.9M$21.7M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0319% / S −0.0217%1h0.000004000−17.631%$52K100xas long as short
Orderly PERP_1000PEPE_USDC+0.0390%8h0.000004856−0.012%$30K$11K20xas long as short
Lighter 1000PEPE+0.0440%1h0.000004850−0.128%$620K$5.2M10xas long as short
Paradex kPEPE-USD-PERPshort+0.0449%8h0.000004840−0.340%$5K$1620x
Phemex u1000PEPEUSDT+0.0457%8h0.000004853−0.064%$2.3M$6.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004853−0.066%$582K$25.4M50xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004809−0.972%$4K$110K12xas long as short
Backpack kPEPE_USDC_PERP+0.0611%1h0.000004852−0.076%$95K$623K15xas long as short
Nado kPEPE-PERP+0.0693%1h0.000004848−0.168%$192K$856K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0726%1h0.000004803−1.096%$99K$759K25xas long as short
Kraken Futures PF_PEPEUSD+0.0755%1h0.000004851−0.113%$3.9M$13.1M50xas long as short
BingX 1000PEPE-USDC+0.0784%8h0.000004844−0.243%$2.3Mas long as short
SoDEX 1000PEPE-USD+0.0812%1h0.000004851−0.107%$2K$9K10xas long as short
MEXC PEPE_USDT+0.0831%8h0.000004850−0.126%$91.3M$290.4M300xas long as short
Aevo 1000PEPE-PERP+0.0832%1h0.000004840−0.334%$137K3xas long as short
Extended 1000PEPE-USD+0.0840%1h0.000004849−0.149%$532K$147K25xas long as short
Binance 1000PEPEUSDT+0.0845%8h0.000004851−0.101%$129.1M$1.02B75xas long as short
Aster 1000PEPEUSDT+0.0886%8h0.000004854−0.037%$1.5M$6.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0988%1h0.000004854−0.045%$82K$94K25xas long as short
01 Exchange kPEPEUSD+0.1256%1h0.000004859+0.058%$557$2K10xas long as short