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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.104%
Price spread now: gTrade (Gains Network) against Paradex−0.266%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.266% cheaper against Paradex than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000049530.0105pay 0.0105% / 8h4h 48m$6K20x
ShortgTrade (Gains Network) PEPE/USD0.000004940L +0.0005% / S −0.0005%get 0.0001% / 1h48m 12s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.03
Price spread: −0.266% → 0.000%
−$26.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$61.62
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample
Sell gTrade (Gains Network) no order-book sample
Paradex and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0233%1h0.000004936−0.338%$4.6M$16.1M50xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000004940−0.266%$3K150x
01 Exchange kPEPEUSD+0.0048%1h0.000004946−0.139%$597$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004939−0.280%$601K$9.0M10xas long as short
Aevo 1000PEPE-PERP+0.0096%1h0.000004943−0.199%$140K3xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004944−0.175%$139K$953K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004939−0.280%$50.2M$155.4M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004952−0.018%$59K$198K10xas long as short
Binance 1000PEPEUSDT+0.0100%8h0.000004940−0.259%$127.3M$1.53B75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004939−0.280%$92.4M$446.5M50xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PEPE-USDT-SWAP+0.0100%8h0.000004940−0.260%$44.4M$721.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004941−0.240%$149.7M$103.3M75xas long as short
MEXC PEPE_USDT+0.0100%8h0.000004932−0.413%$99.0M$291.0M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004942−0.224%$24.4M$76.2M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004934−0.371%$43.6M$235.2M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004938−0.306%$75K$996K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004914−0.781%$637K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004914−0.792%$26K$574K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004912−0.825%$108K$871K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004951−0.046%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004939−0.280%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004949−0.072%$582K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004941−0.240%$2.3M$8.1M50xas long as short
BingX 1000PEPE-USDC+0.0103%8h0.000004941−0.242%$2.3Mas long as short
Extended 1000PEPE-USD+0.0104%1h0.000004939−0.285%$517K$288K25xas long as short
Paradex kPEPE-USD-PERPlong+0.0105%8h0.000004953long leg$6K20x
Aster 1000PEPEUSDT+0.0105%8h0.000004942−0.225%$1.7M$12.6M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0155%1h0.000004941−0.240%$61K$119K25xas long as short
Injective PEPE/USDC PERP+0.0176%1h0.000004904−0.987%$3K$123K12xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004942−0.211%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004926−0.543%$4.2M$28.4M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0259%8h0.000004941−0.236%$31K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0320%1h0.000004955+0.043%$711K$38.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0749% / S −0.0835%1h0.000004000−19.239%$50K100xas long as short
dYdX PEPE-USD+0.5466%1h0.000004949−0.083%$25K$18K10xas long as short