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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0798%/8h= −87.4% APRpaid last 24h −0.066%
Price spread now: dYdX against MEXC−0.241%47s7-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 6 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 −$24 a day on $10k at the current rate, and dYdX is 0.241% cheaper against MEXC than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEPE_USDT0.0000051210.0798pay 0.0798% / 8h2h 12m$98.4M$303.7M300x
ShortdYdX PEPE-USD0.0000051090get 0.0000% / 1h12m 55s$19K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. 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
−$167.58
Price spread: −0.241% → 0.000%
−$24.06
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$201.64
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; dYdX: 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 MEXC live order book, 1 min ago0.10 bp0.6 bp −$114.3 bp −$14346.5 bp −$4,65583.3 bp −$41.7K
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.000005109−0.241%$19K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0007%1h0.000005106−0.293%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005110−0.213%$58K$178K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005119−0.041%$100.5M$408.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005114−0.135%$163.5M$94.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005112−0.184%$25.5M$71.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005080−0.805%$607K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005084−0.713%$28K$540K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005114−0.137%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005114−0.141%$576K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005108−0.259%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0221%1h0.000005107−0.271%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0331%8h0.000005116−0.100%$45.6M$211.6M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0390%8h0.000005112−0.176%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0421%8h0.000005121+0.002%$47.1M$706.4M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0534%1h0.000005109−0.232%$73K$127K25xas long as short
BloFin PEPE-USDT+0.0552%8h0.000005113−0.154%$4.4M$28.8M75xas long as short
Paradex kPEPE-USD-PERP+0.0571%8h0.000005111−0.200%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0618%8h0.000005106−0.293%$2.4M$7.9M50xas long as short
Lighter 1000PEPE+0.0624%1h0.000005115−0.115%$605K$9.1M10xas long as short
Nado kPEPE-PERP+0.0653%1h0.000005106−0.285%$166K$945K10xas long as short
Backpack kPEPE_USDC_PERP+0.0666%1h0.000005111−0.191%$70K$840K15xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005122+0.021%$618$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005114−0.135%$659K$37.6M50xas long as short
BingX 1000PEPE-USDC+0.0761%8h0.000005120−0.025%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0798%8h0.000005121+0.008%$142.2M$1.42B75xas long as short
MEXC PEPE_USDTlong+0.0798%8h0.000005121long leg$98.4M$303.7M300x
Extended 1000PEPE-USD+0.0800%1h0.000005116−0.100%$542K$277K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005112−0.174%$145K3xas long as short
Kraken Futures PF_PEPEUSD+0.0836%1h0.000005106−0.300%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0838%8h0.000005123+0.031%$1.8M$11.3M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0870%1h0.000005089−0.623%$154K$816K25xas long as short
Hyperliquid kPEPE+0.1009%1h0.000005116−0.096%$54.3M$153.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1131% / S −0.2171%1h0.000005000−2.361%$64K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005027−1.834%$3K$111K12xas long as short