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 0.000%
Price spread now: SunX against HTX+0.062%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.133%+$13 · spread now +0.062%, 7d avg +0.140%
Together, before fees+0.133%+$13 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: SunX is 0.079% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000050200.0100pay 0.0100% / 8h6h 50m$556K$3.6M75x
ShortSunX 1000PEPE-USDT0.0000050230.0100get 0.0100% / 8h6h 50m$2K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.062% → +0.140%
−$7.87
Slippage, 4 orders
−$149.82
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$177.69
Costs to cover
1.698%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; SunX: live order book, 6 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, 4 min ago7.74 bp29.5 bp −$3061.0 bp −$610124.9 bp −$12.5Kdoesn't fit
Sell SunX live order book, 6 min ago29.19 bp78.5 bp −$78doesn't fitdoesn'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%1h0.000005027+0.144%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005012−0.169%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005030+0.199%$59K$122K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005022+0.040%$96.7M$319.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005022+0.040%$159.5M$69.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005026+0.118%$25.1M$59.0M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005026+0.112%$44.7M$158.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004998−0.444%$557K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004981−0.777%$46K$387K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004985−0.697%$106K$751K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDTshort+0.0100%8h0.000005023+0.062%$2K$2.5M20x
HTX PEPE-USDTlong+0.0100%8h0.000005020long leg$556K$3.6M75x
Phemex u1000PEPEUSDT+0.0100%8h0.000005027+0.133%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005022+0.046%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0198%8h0.000005027+0.139%$44.4M$555.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0271%8h0.000005022+0.040%$32K$22K20xas long as short
BloFin PEPE-USDT+0.0317%8h0.000005011−0.179%$4.2M$24.6M75xas long as short
Paradex kPEPE-USD-PERP+0.0374%8h0.000005021+0.024%$6K$1620xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005027+0.139%$620K$28.7M50xas long as short
BingX 1000PEPE-USDC+0.0444%8h0.000005027+0.129%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0472%1h0.000005010−0.199%$142K3xas long as short
MEXC PEPE_USDT+0.0475%8h0.000005028+0.161%$95.5M$287.6M300xas long as short
Binance 1000PEPEUSDT+0.0479%8h0.000005028+0.151%$139.3M$1.15B75xas long as short
Extended 1000PEPE-USD+0.0480%1h0.000005024+0.086%$552K$199K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0504% / S −0.0410%1h0.000005000−0.398%$63K100xas long as short
SoDEX 1000PEPE-USD+0.0529%1h0.000005026+0.120%$2K$12K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0548%1h0.000005019−0.020%$61K$114K25xas long as short
Aster 1000PEPEUSDT+0.0552%8h0.000005027+0.141%$1.7M$8.0M50xas long as short
Nado kPEPE-PERP+0.0601%1h0.000005026+0.126%$173K$880K10xas long as short
Kraken Futures PF_PEPEUSD+0.0829%1h0.000005023+0.053%$3.9M$14.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0848%1h0.000005027+0.141%$101K$623K15xas long as short
01 Exchange kPEPEUSD+0.0888%1h0.000005029+0.179%$1K$2K10xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005010−0.199%$4K$102K12xas long as short
Lighter 1000PEPE+0.1264%1h0.000005033+0.259%$650K$6.8M10xas long as short
Hyperliquid kPEPE+0.2589%1h0.000005037+0.339%$55.7M$134.7M10xas long as short