Funding arb · Price arb /

PEPE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%

Price spread now: SoDEX against Pacifica+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.021% dearer against Pacifica than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kPEPE	0.000004771	0.0100	pay 0.0013% / 1h	1m 58s	$56K	$119K	10x
Short	SoDEX 1000PEPE-USD	0.000004772	0.0100	get 0.0013% / 1h	1m 58s	$2K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee SoDEXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → 0.000%: $2.1
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$13.9
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 10 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 10 min ago	7.41 bp	11.4 bp −$11	18.3 bp −$183	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid kPEPE	−0.0331%	1h	0.000004765	−0.126%	$69.2M	$99.7M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004768	−0.061%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004766	−0.103%	$14K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004770	−0.021%	$3.9M	$13.9M	50x	as long as short
Pacifica kPEPElong	+0.0100%	1h	0.000004771	long leg	$56K	$119K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004770	−0.027%	$87.3M	$295.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004768	−0.063%	$151.1M	$65.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004771	+0.002%	$24.4M	$54.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004770	−0.023%	$42.1M	$151.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004725	−0.967%	$544K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004725	−0.969%	$25K	$351K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004740	−0.650%	$99K	$755K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004778	+0.138%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USDshort	+0.0100%	1h	0.000004772	+0.021%	$2K	$12K	10x
HTX PEPE-USDT	+0.0100%	8h	0.000004767	−0.082%	$539K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0158%	8h	0.000004770	−0.031%	$2.3M	$6.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0178%	8h	0.000004767	−0.077%	$5K	$16	20x	as long as short
Lighter 1000PEPE	+0.0184%	1h	0.000004773	+0.042%	$576K	$6.6M	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004771	0.000%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0194%	8h	0.000004773	+0.042%	$42.6M	$501.2M	50x	as long as short
BloFin PEPE-USDT	+0.0315%	8h	0.000004763	−0.168%	$3.9M	$22.5M	75x	as long as short
01 Exchange kPEPEUSD	+0.0320%	1h	0.000004771	0.000%	$547	$2K	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0343%	8h	0.000004771	0.000%	$29K	$13K	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0396% / S −0.0435%	1h	0.000004000	−16.160%	$43K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004771	0.000%	$559K	$25.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004746	−0.524%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0537%	1h	0.000004772	+0.021%	$93K	$603K	15x	as long as short
BingX 1000PEPE-USDT	+0.0540%	8h	0.000004771	+0.004%	—	$257.4M	—	as long as short
Aster 1000PEPEUSDT	+0.0555%	8h	0.000004773	+0.044%	$1.5M	$7.3M	50x	as long as short
Binance 1000PEPEUSDT	+0.0558%	8h	0.000004773	+0.036%	$134.2M	$1.07B	75x	as long as short
Extended 1000PEPE-USD	+0.0560%	1h	0.000004770	−0.011%	$524K	$148K	25x	as long as short
MEXC PEPE_USDT	+0.0560%	8h	0.000004765	−0.119%	$90.2M	$283.8M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0560%	1h	0.000004771	0.000%	$135K	—	3x	as long as short
Nado kPEPE-PERP	+0.0583%	1h	0.000004771	−0.006%	$180K	$849K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0799%	1h	0.000004771	0.000%	$77K	$98K	25x	as long as short