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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.4% APRpaid last 24h −0.026%
Price spread now: gTrade (Gains Network) against KuCoin−0.070%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.070% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEPEUSDTM0.0000051550.0122pay 0.0122% / 8h17m 54s$26.9M$74.1M75x
ShortgTrade (Gains Network) PEPE/USD0.000005152L +0.0006% / S −0.0008%get 0.0001% / 1h17m 54s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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
−$23.85
Price spread: −0.070% → 0.000%
−$6.98
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$52.83
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; gTrade (Gains Network): 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 KuCoin live order book, 11 min ago1.45 bp13.4 bp −$1328.8 bp −$288doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%1h0.000005165+0.177%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005152−0.070%$4K150x
Pacifica kPEPE+0.0100%1h0.000005172+0.322%$60K$184K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005156+0.017%$99.4M$430.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005151−0.085%$163.2M$99.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005163+0.140%$615K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005175+0.378%$28K$547K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005162+0.124%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005172+0.330%$603K$4.2M75xas long as short
KuCoin PEPEUSDTMlong+0.0122%8h0.000005155long leg$26.9M$74.1M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0144%1h0.000005157+0.031%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005158+0.054%$8K15xas long as short
Bitget PEPEUSDT+0.0255%8h0.000005158+0.052%$46.3M$220.1M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0312%1h0.000005181+0.497%$151K$834K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0332%1h0.000005156+0.012%$74K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0368%8h0.000005158+0.050%$47.8M$748.3M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005160+0.089%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005159+0.072%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0466%8h0.000005169+0.258%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0467%8h0.000005152−0.062%$2.4M$8.1M50xas long as short
BloFin PEPE-USDT+0.0484%8h0.000005167+0.225%$4.5M$30.4M75xas long as short
Backpack kPEPE_USDC_PERP+0.0524%1h0.000005153−0.045%$79K$889K15xas long as short
Lighter 1000PEPE+0.0544%1h0.000005156+0.012%$619K$9.1M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005148−0.144%$685K$39.7M50xas long as short
BingX 1000PEPE-USDT+0.0688%8h0.000005157+0.029%$175.0Mas long as short
Nado kPEPE-PERP+0.0708%1h0.000005155−0.003%$166K$958K10xas long as short
Kraken Futures PF_PEPEUSD+0.0712%1h0.000005154−0.021%$4.8M$16.7M50xas long as short
01 Exchange kPEPEUSD+0.0712%1h0.000005166+0.206%$623$2K10xas long as short
Extended 1000PEPE-USD+0.0720%1h0.000005153−0.047%$542K$282K25xas long as short
Aevo 1000PEPE-PERP+0.0720%1h0.000005158+0.050%$146K3xas long as short
MEXC PEPE_USDT+0.0721%8h0.000005160+0.097%$101.2M$308.4M300xas long as short
Binance 1000PEPEUSDT+0.0722%8h0.000005159+0.070%$142.3M$1.50B75xas long as short
Aster 1000PEPEUSDT+0.0723%8h0.000005160+0.081%$1.7M$11.9M50xas long as short
Hyperliquid kPEPE+0.0936%1h0.000005163+0.147%$53.8M$159.2M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1068% / S −0.1281%1h0.000005000−3.014%$50K100xas long as short