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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0774%/8h= −84.8% APRnext payment $0.97 per $10,000 · paid last 24h −0.097%
Price spread now: gTrade (Gains Network) against Nado−0.180%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and gTrade (Gains Network) is 0.180% cheaper against Nado than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado kPEPE-PERP0.0000050920.0780pay 0.0098% / 1h42m 37s$193K$877K10x
ShortgTrade (Gains Network) PEPE/USD0.000005083L +0.0006% / S −0.0006%get 0.0001% / 1h42m 37s$15K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$162.63
Price spread: −0.180% → 0.000%
−$17.97
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$197.6
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 16 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 Nado live order book, 16 min ago4.94 bp12.6 bp −$1338.4 bp −$384doesn'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%1h0.000005092−0.006%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0006%1h0.000005083−0.180%$15K150x
Pacifica kPEPE+0.0100%1h0.000005090−0.046%$65K$140K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005095+0.052%$99.7M$345.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005093+0.013%$168.2M$76.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005090−0.046%$26.2M$63.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005034−1.154%$675K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005021−1.408%$31K$452K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005099+0.138%$1K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005083−0.176%$580K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0170%8h0.000005100+0.146%$46.5M$175.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005090−0.040%$8K15xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005044−0.949%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0332%8h0.000005087−0.105%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0361%8h0.000005098+0.111%$45.8M$602.8M50xas long as short
BloFin PEPE-USDT+0.0482%8h0.000005085−0.144%$4.4M$25.5M75xas long as short
Phemex u1000PEPEUSDT+0.0605%8h0.000005087−0.113%$2.4M$7.1M50xas long as short
BingX 1000PEPE-USDC+0.0635%8h0.000005098+0.103%$2.3Mas long as short
ApeX Omni 1000PEPEUSDT+0.0663%1h0.000005050−0.832%$100K$742K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0669% / S −0.0920%1h0.000005000−1.814%$46K100xas long as short
SoDEX 1000PEPE-USD+0.0671%1h0.000005087−0.105%$2K$12K10xas long as short
Aevo 1000PEPE-PERP+0.0672%1h0.000005084−0.164%$144K3xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005099+0.131%$981K$32.2M50xas long as short
Extended 1000PEPE-USD+0.0680%1h0.000005098+0.103%$538K$226K25xas long as short
MEXC PEPE_USDT+0.0681%8h0.000005099+0.138%$93.4M$287.4M300xas long as short
Binance 1000PEPEUSDT+0.0688%8h0.000005100+0.153%$143.7M$1.22B75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0734%1h0.000005085−0.144%$72K$124K25xas long as short
Nado kPEPE-PERPlong+0.0780%1h0.000005092long leg$193K$877K10x
Aster 1000PEPEUSDT+0.0783%8h0.000005090−0.054%$1.8M$9.2M50xas long as short
Paradex kPEPE-USD-PERP+0.0790%8h0.000005099+0.134%$6K20xas long as short
Backpack kPEPE_USDC_PERP+0.0889%1h0.000005089−0.070%$99K$644K15xas long as short
Lighter 1000PEPE+0.0928%1h0.000005089−0.066%$579K$8.2M10xas long as short
01 Exchange kPEPEUSD+0.0992%1h0.000005113+0.406%$617$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1281%1h0.000005085−0.153%$4.4M$15.5M50xas long as short
Hyperliquid kPEPE+0.1458%1h0.000005092−0.007%$54.6M$140.2M10xas long as short