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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0401%/8h= −43.9% APRpaid last 24h −0.038%
Price spread now: gTrade (Gains Network) against OKX−0.103%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 −$12 a day on $10k at the current rate, and gTrade (Gains Network) is 0.103% cheaper against OKX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEPE-USDT-SWAP0.0000050680.0409pay 0.0409% / 8h1h 32m$47.1M$719.4M50x
ShortgTrade (Gains Network) PEPE/USD0.000005063L +0.0006% / S −0.0008%get 0.0001% / 1h32m 22s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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
−$84.15
Price spread: −0.103% → 0.000%
−$10.26
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$114.41
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago0.99 bp6.0 bp −$69.9 bp −$9934.1 bp −$3,409doesn'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
Injective PEPE/USDC PERP−0.0016%1h0.000005077+0.178%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005069+0.019%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005063−0.103%$4K150x
Pacifica kPEPE+0.0100%1h0.000005072+0.079%$59K$181K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.0000050680.000%$99.2M$418.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005058−0.197%$161.2M$96.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005068−0.006%$25.7M$72.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005114+0.900%$611K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005128+1.176%$28K$542K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005086+0.351%$1K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005077+0.172%$587K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0163%1h0.000005080+0.237%$2K$11K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0188%1h0.000005132+1.263%$155K$822K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005066−0.035%$8K15xas long as short
Bitget PEPEUSDT+0.0291%8h0.000005066−0.037%$45.3M$215.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0341%1h0.000005078+0.197%$72K$127K25xas long as short
Backpack kPEPE_USDC_PERP+0.0385%1h0.000005079+0.225%$72K$858K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0389%8h0.000005067−0.024%$33K$26K20xas long as short
OKX PEPE-USDT-SWAPlong+0.0409%8h0.000005068long leg$47.1M$719.4M50x
Kraken Futures PF_PEPEUSD+0.0460%1h0.000005078+0.194%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0495%8h0.000005068+0.008%$6K20xas long as short
BloFin PEPE-USDT+0.0535%8h0.000005077+0.178%$4.5M$29.2M75xas long as short
Lighter 1000PEPE+0.0568%1h0.000005081+0.257%$606K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0579%8h0.000005081+0.249%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005083+0.296%$687K$38.4M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005071+0.059%$612$3K10xas long as short
BingX 1000PEPE-USDC+0.0734%8h0.000005069+0.018%$2.3Mas long as short
MEXC PEPE_USDT+0.0765%8h0.000005063−0.095%$96.8M$304.3M300xas long as short
Binance 1000PEPEUSDT+0.0766%8h0.000005067−0.021%$139.1M$1.46B75xas long as short
Aster 1000PEPEUSDT+0.0766%8h0.000005068−0.005%$1.8M$11.7M50xas long as short
Extended 1000PEPE-USD+0.0768%1h0.000005070+0.046%$538K$279K25xas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005070+0.039%$143K3xas long as short
Nado kPEPE-PERP+0.0777%1h0.000005067−0.013%$163K$959K10xas long as short
Hyperliquid kPEPE+0.0958%1h0.000005069+0.020%$52.8M$156.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−1.342%$63K100xas long as short