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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.042%
Price spread now: Paradex against OKX−0.613%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.613% cheaper against OKX than usual: you would sell low and buy high (spread −0.613% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$61 on $10k: about 24 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEPE-USDT-SWAP0.0000051590.0344pay 0.0344% / 8h7h 48m$47.5M$754.0M50x
ShortParadex kPEPE-USD-PERP0.0000051270.0429get 0.0429% / 8h7h 48m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$17.96
Price spread: −0.613% → 0.000%
−$61.25
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$57.29
Costs to cover
0.140%
Break-even
29.3 days
Slippage unknown: OKX: live order book, 1 min ago; Paradex: 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, 1 min ago0.98 bp7.5 bp −$711.8 bp −$11837.9 bp −$3,791doesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h0.000005123−0.695%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005139−0.390%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005128−0.601%$60K$186K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005157−0.043%$99.3M$435.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005142−0.330%$163.6M$99.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005142−0.336%$636K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005125−0.650%$28K$549K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005135−0.461%$1K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005147−0.238%$602K$4.2M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0134%1h0.000005124−0.678%$149K$836K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PEPE/USDC PERP+0.0147%1h0.000005129−0.582%$8K$120K12xas long as short
KuCoin PEPEUSDTM+0.0158%8h0.000005146−0.262%$26.9M$74.7M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005140−0.367%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0194%1h0.000005142−0.330%$2K$11K10xas long as short
Bitget PEPEUSDT+0.0224%8h0.000005156−0.050%$46.3M$222.0M75xas long as short
OKX PEPE-USDT-SWAPlong+0.0344%8h0.000005159long leg$47.5M$754.0M50x
Phemex u1000PEPEUSDT+0.0352%8h0.000005145−0.271%$2.4M$8.1M50xas long as short
Paradex kPEPE-USD-PERPshort+0.0429%8h0.000005127−0.613%$6K20x
Orderly PERP_1000PEPE_USDC+0.0430%8h0.000005144−0.289%$34K$26K20xas long as short
BloFin PEPE-USDT+0.0466%8h0.000005128−0.601%$4.5M$30.4M75xas long as short
Backpack kPEPE_USDC_PERP+0.0468%1h0.000005149−0.186%$77K$895K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005124−0.678%$668K$39.8M50xas long as short
01 Exchange kPEPEUSD+0.0552%1h0.000005138−0.407%$620$2K10xas long as short
Hyperliquid kPEPE+0.0586%1h0.000005149−0.194%$53.3M$159.9M10xas long as short
Kraken Futures PF_PEPEUSD+0.0617%1h0.000005138−0.409%$4.8M$16.7M50xas long as short
Nado kPEPE-PERP+0.0638%1h0.000005143−0.315%$163K$964K10xas long as short
BingX 1000PEPE-USDT+0.0648%8h0.000005146−0.242%$175.8Mas long as short
Lighter 1000PEPE+0.0664%1h0.000005146−0.252%$623K$9.0M10xas long as short
Binance 1000PEPEUSDT+0.0677%8h0.000005156−0.049%$142.4M$1.51B75xas long as short
Extended 1000PEPE-USD+0.0680%1h0.000005156−0.049%$539K$280K25xas long as short
MEXC PEPE_USDT+0.0680%8h0.000005146−0.262%$100.5M$306.1M300xas long as short
Aevo 1000PEPE-PERP+0.0680%1h0.000005142−0.330%$145K3xas long as short
Aster 1000PEPEUSDT+0.0694%8h0.000005155−0.081%$1.7M$12.0M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0724%1h0.000005141−0.349%$73K$128K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1020% / S −0.1149%1h0.000005000−3.082%$51K100xas long as short