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−0.0671%/8h= −73.5% APRnext payment $0.84 per $10,000 · paid last 24h −0.134%
Price spread now: dYdX against Nado+0.159%7-day average · you sell dearer than you buy
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 airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. dYdX is 0.159% dearer against Nado than usual: you sell high and buy low (spread +0.159% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado kPEPE-PERP0.0000051820.0671pay 0.0084% / 1h39m 47s$166K$956K10x
ShortdYdX PEPE-USD0.0000051900get 0.0000% / 1h39m 47s$19K$64910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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
−$140.99
Price spread: +0.159% → 0.000%
$15.89
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$142.1
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 64 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 Nado live order book, 64 min ago2.90 bp11.6 bp −$1235.2 bp −$352doesn't fitdoesn't fit
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%1h0.000005190+0.159%$19K$64910x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005174−0.153%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005193+0.208%$60K$182K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005160−0.433%$99.7M$427.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005163−0.371%$163.4M$98.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005207+0.487%$652K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005238+1.070%$29K$545K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005185+0.050%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005195+0.256%$604K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0122%8h0.000005173−0.174%$26.9M$73.5M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni 1000PEPEUSDT+0.0151%1h0.000005222+0.768%$152K$832K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005168−0.266%$8K15xas long as short
Bitget PEPEUSDT+0.0272%8h0.000005151−0.604%$46.1M$219.2M75xas long as short
SoDEX 1000PEPE-USD+0.0319%1h0.000005170−0.236%$2K$11K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0330%1h0.000005175−0.139%$74K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0381%8h0.000005159−0.448%$47.5M$744.6M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005221+0.748%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0410%8h0.000005178−0.080%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0494%8h0.000005189+0.129%$6K20xas long as short
BloFin PEPE-USDT+0.0503%8h0.000005210+0.536%$4.5M$30.5M75xas long as short
Phemex u1000PEPEUSDT+0.0524%8h0.000005177−0.103%$2.4M$8.1M50xas long as short
Backpack kPEPE_USDC_PERP+0.0539%1h0.000005171−0.224%$78K$876K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005182−0.004%$695K$39.5M50xas long as short
Lighter 1000PEPE+0.0616%1h0.000005159−0.448%$613K$9.0M10xas long as short
Nado kPEPE-PERPlong+0.0671%1h0.000005182long leg$166K$956K10x
Kraken Futures PF_PEPEUSD+0.0710%1h0.000005171−0.225%$4.8M$16.8M50xas long as short
BingX 1000PEPE-USDC+0.0712%8h0.000005163−0.377%$2.3Mas long as short
01 Exchange kPEPEUSD+0.0728%1h0.000005188+0.111%$626$2K10xas long as short
Aster 1000PEPEUSDT+0.0735%8h0.000005172−0.192%$1.8M$11.8M50xas long as short
Extended 1000PEPE-USD+0.0752%1h0.000005166−0.316%$542K$284K25xas long as short
Aevo 1000PEPE-PERP+0.0752%1h0.000005179−0.062%$146K3xas long as short
Binance 1000PEPEUSDT+0.0752%8h0.000005164−0.344%$142.3M$1.49B75xas long as short
MEXC PEPE_USDT+0.0755%8h0.000005165−0.332%$100.9M$305.3M300xas long as short
Hyperliquid kPEPE+0.0927%1h0.000005162−0.390%$53.7M$157.7M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−3.516%$64K100xas long as short