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+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Paradex+0.986%93s7-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 airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.986% dearer against Paradex than usual: you sell high and buy low: +$99 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000051590.0487pay 0.0487% / 8h39m 39s$6K20x
ShortBloFin PEPE-USDT0.0000052100.0503get 0.0503% / 8h39m 39s$4.5M$30.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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
$3.45
Price spread: +0.986% → 0.000%
$98.56
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$86.02
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 4 min ago. 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 Paradex no order-book sample
Sell BloFin live order book, 4 min ago6.72 bp12.7 bp −$1315.2 bp −$15222.7 bp −$2,27172.1 bp −$36.1K
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%1h0.000005153−0.119%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005174+0.294%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005160+0.016%$60K$183K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005157−0.049%$99.2M$427.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005158−0.022%$163.2M$98.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005207+0.937%$652K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005222+1.217%$29K$545K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005185+0.497%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005195+0.705%$604K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0126%8h0.000005160+0.009%$26.8M$73.5M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005168+0.181%$8K15xas long as short
Bitget PEPEUSDT+0.0272%8h0.000005159−0.003%$46.2M$219.2M75xas long as short
SoDEX 1000PEPE-USD+0.0319%1h0.000005170+0.210%$2K$11K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0330%1h0.000005175+0.307%$74K$127K25xas long as short
ApeX Omni 1000PEPEUSDT+0.0378%1h0.000005219+1.160%$151K$833K25xas long as short
OKX PEPE-USDT-SWAP+0.0381%8h0.000005164+0.094%$47.5M$745.3M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005221+1.199%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0410%8h0.000005178+0.367%$34K$26K20xas long as short
Paradex kPEPE-USD-PERPlong+0.0487%8h0.000005159long leg$6K20x
BloFin PEPE-USDTshort+0.0503%8h0.000005210+0.986%$4.5M$30.5M75x
Phemex u1000PEPEUSDT+0.0524%8h0.000005177+0.344%$2.4M$8.1M50xas long as short
Backpack kPEPE_USDC_PERP+0.0539%1h0.000005171+0.222%$78K$876K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005182+0.443%$695K$39.5M50xas long as short
Lighter 1000PEPE+0.0616%1h0.000005159−0.003%$613K$9.0M10xas long as short
Nado kPEPE-PERP+0.0671%1h0.000005182+0.447%$166K$956K10xas long as short
Kraken Futures PF_PEPEUSD+0.0710%1h0.000005171+0.222%$4.8M$16.8M50xas long as short
BingX 1000PEPE-USDC+0.0712%8h0.000005156−0.057%$2.3Mas long as short
01 Exchange kPEPEUSD+0.0720%1h0.000005160+0.016%$622$2K10xas long as short
Aster 1000PEPEUSDT+0.0731%8h0.000005159−0.006%$1.8M$11.8M50xas long as short
Binance 1000PEPEUSDT+0.0746%8h0.000005162+0.049%$142.3M$1.49B75xas long as short
Extended 1000PEPE-USD+0.0752%1h0.000005157−0.039%$542K$284K25xas long as short
MEXC PEPE_USDT+0.0752%8h0.000005165+0.110%$101.0M$305.4M300xas long as short
Aevo 1000PEPE-PERP+0.0752%1h0.000005179+0.385%$146K3xas long as short
Hyperliquid kPEPE+0.0927%1h0.000005162+0.055%$53.7M$157.7M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−3.085%$64K100xas long as short