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−0.0600%/8h= −65.7% APRnext payment $6.00 per $10,000 · paid last 24h −0.040%
Price spread now: HTX against Paradex+0.135%7-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
The price spread pays, funding is against you. HTX is 0.135% dearer against Paradex than usual: you sell high and buy low (spread +0.135% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000051010.0700pay 0.0700% / 8h5h 56m$6K20x
ShortHTX PEPE-USDT0.0000051080.0100get 0.0100% / 8h5h 56m$582K$3.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$125.91
Price spread: +0.135% → 0.000%
$13.55
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$128.37
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago8.93 bp15.1 bp −$1539.5 bp −$395132.3 bp −$13.2Kdoesn't fit
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 34 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%1h0.000005098−0.051%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005097−0.072%$18K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005103+0.037%$63K$128K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005129+0.551%$100.1M$327.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005112+0.214%$164.0M$72.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005115+0.275%$25.6M$61.5M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005136+0.688%$48.1M$167.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005100−0.029%$681K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005107+0.112%$27K$424K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005109+0.165%$2K$2.4M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDTshort+0.0100%8h0.000005108+0.135%$582K$3.6M75x
Reya kPEPERUSDPERP+0.0189%1h0.000005104+0.055%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0280%8h0.000005136+0.684%$46.4M$585.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0298%8h0.000005106+0.104%$33K$24K20xas long as short
BingX 1000PEPE-USDC+0.0530%8h0.000005126+0.496%$2.3Mas long as short
Phemex u1000PEPEUSDT+0.0535%8h0.000005105+0.079%$2.4M$7.0M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0541% / S −0.0937%1h0.000005000−1.982%$48K100xas long as short
Aevo 1000PEPE-PERP+0.0560%1h0.000005103+0.037%$144K3xas long as short
MEXC PEPE_USDT+0.0566%8h0.000005123+0.435%$97.4M$285.4M300xas long as short
Extended 1000PEPE-USD+0.0568%1h0.000005115+0.276%$562K$199K25xas long as short
Binance 1000PEPEUSDT+0.0569%8h0.000005135+0.667%$145.4M$1.18B75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005108+0.135%$926K$30.8M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0647%1h0.000005110+0.175%$106K$749K25xas long as short
Aster 1000PEPEUSDT+0.0671%8h0.000005111+0.202%$1.7M$8.3M50xas long as short
Paradex kPEPE-USD-PERPlong+0.0700%8h0.000005101long leg$6K20x
SoDEX 1000PEPE-USD+0.0834%1h0.000005103+0.037%$2K$12K10xas long as short
Nado kPEPE-PERP+0.0857%1h0.000005104+0.053%$194K$858K10xas long as short
Backpack kPEPE_USDC_PERP+0.0898%1h0.000005112+0.220%$100K$610K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0927%1h0.000005103+0.037%$62K$114K25xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+0.077%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.1104%1h0.000005122+0.410%$618$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1364%1h0.000005103+0.030%$4.1M$14.6M50xas long as short
Lighter 1000PEPE+0.1520%1h0.000005113+0.233%$1.1M$7.4M10xas long as short
Hyperliquid kPEPE+0.2044%1h0.000005141+0.782%$56.8M$136.7M10xas long as short