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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: HTX against KuCoin+0.006%51s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.556% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.006%, 7d avg +0.014%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEPEUSDTM0.0000049420.0100pay 0.0100% / 8h5h 50m$24.9M$75.9M75x
ShortHTX PEPE-USDT0.0000049430.0100get 0.0100% / 8h5h 50m$580K$4.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.006% → +0.014%
−$0.82
Slippage, 4 orders
−$31.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$56.43
Costs to cover
0.556%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 2 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 KuCoin live order book, 2 min ago1.11 bp15.3 bp −$1532.7 bp −$327doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago5.88 bp15.2 bp −$1520.4 bp −$20482.9 bp −$8,286doesn't fit

PEPE on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0371%1h0.000004944+0.029%$4.6M$15.8M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004941−0.031%$25K$18K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h0.000004943+0.014%$57K$115K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004943+0.020%$3K150xas long as short
01 Exchange kPEPEUSD+0.0064%1h0.000004943+0.014%$596$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004947+0.095%$596K$9.0M10xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004943+0.014%$146K$943K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004946+0.075%$50.1M$155.1M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004945+0.055%$57K$195K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004943+0.012%$94.2M$442.0M50xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PEPE_USDT+0.0100%8h0.000004942−0.006%$152.2M$102.1M75xas long as short
KuCoin PEPEUSDTMlong+0.0100%8h0.000004942long leg$24.9M$75.9M75x
Bitget PEPEUSDT+0.0100%8h0.000004944+0.040%$43.5M$230.9M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004939−0.067%$75K$990K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004937−0.102%$642K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004943+0.018%$27K$570K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004945+0.055%$143K$851K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004953+0.219%$1K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004944+0.034%$2K$11K10xas long as short
HTX PEPE-USDTshort+0.0100%8h0.000004943+0.006%$580K$4.2M75x
Phemex u1000PEPEUSDT+0.0100%8h0.000004941−0.022%$2.3M$8.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0110%8h0.000004944+0.039%$6K20xas long as short
OKX PEPE-USDT-SWAP+0.0132%8h0.000004944+0.034%$44.3M$720.2M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004938−0.091%$7K15xas long as short
BloFin PEPE-USDT+0.0255%8h0.000004937−0.107%$4.3M$28.6M75xas long as short
Binance 1000PEPEUSDT+0.0271%8h0.000004944+0.025%$128.2M$1.52B75xas long as short
Extended 1000PEPE-USD+0.0272%1h0.000004942+0.001%$518K$285K25xas long as short
Aevo 1000PEPE-PERP+0.0272%1h0.000004940−0.047%$140K3xas long as short
MEXC PEPE_USDT+0.0276%8h0.000004942−0.014%$102.0M$295.1M300xas long as short
Aster 1000PEPEUSDT+0.0276%8h0.000004943+0.016%$1.7M$12.5M50xas long as short
BingX 1000PEPE-USDT+0.0277%8h0.0000049420.000%$181.1Mas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004944+0.034%$4K$122K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0342%8h0.000004941−0.018%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004944+0.034%$731K$38.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−19.066%$50K100xas long as short