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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0554%/8h= +60.6% APRnext payment +$0.69 per $10,000 · paid last 24h +0.022%
Price spread now: ApeX Omni against Reya+0.937%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and ApeX Omni is 0.937% dearer against Reya than usual: you sell high and buy low: +$94 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kPEPERUSDPERP0.0000051370.0189pay 0.0024% / 1h22m 38s$8K15x
ShortApeX Omni 1000PEPEUSDT0.0000051850.0742get 0.0093% / 1h22m 38s$103K$744K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
$116.26
Price spread: +0.937% → 0.000%
$93.69
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$193.96
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 36 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 Reya no order-book sample
Sell ApeX Omni live order book, 36 min ago3.94 bp11.1 bp −$1184.9 bp −$849doesn't fitdoesn't fit
Reya: 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%1h0.000005138+0.013%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005132−0.101%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005146+0.178%$65K$144K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005141+0.080%$99.8M$357.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005139+0.041%$167.3M$81.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005144+0.141%$26.0M$65.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005200+1.220%$761K$4.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005189+1.009%$42K$463K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005146+0.187%$1K$2.5M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005142+0.098%$584K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERPlong+0.0189%1h0.000005137long leg$8K15x
Bitget PEPEUSDT+0.0204%8h0.000005146+0.170%$47.6M$179.5M75xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005173+0.703%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0350%8h0.000005143+0.113%$34K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0382%8h0.000005148+0.217%$48.5M$625.5M50xas long as short
BloFin PEPE-USDT+0.0500%8h0.000005139+0.041%$4.4M$26.3M75xas long as short
Phemex u1000PEPEUSDT+0.0621%8h0.000005141+0.090%$2.6M$7.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005146+0.178%$949K$33.8M50xas long as short
BingX 1000PEPE-USDT+0.0702%8h0.000005148+0.221%$262.8Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0724%1h0.000005140+0.061%$73K$125K25xas long as short
Aevo 1000PEPE-PERP+0.0736%1h0.000005123−0.270%$145K3xas long as short
MEXC PEPE_USDT+0.0741%8h0.000005148+0.224%$98.5M$291.0M300xas long as short
ApeX Omni 1000PEPEUSDTshort+0.0742%1h0.000005185+0.937%$103K$744K25x
Binance 1000PEPEUSDT+0.0743%8h0.000005157+0.400%$147.4M$1.26B75xas long as short
Extended 1000PEPE-USD+0.0744%1h0.000005148+0.222%$546K$226K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0777% / S −0.1550%1h0.000005000−2.664%$62K100xas long as short
SoDEX 1000PEPE-USD+0.0786%1h0.000005141+0.080%$2K$10K10xas long as short
Paradex kPEPE-USD-PERP+0.0799%8h0.000005150+0.253%$6K20xas long as short
Lighter 1000PEPE+0.0840%1h0.000005147+0.197%$591K$8.3M10xas long as short
Aster 1000PEPEUSDT+0.0845%8h0.000005144+0.146%$1.9M$9.6M50xas long as short
Nado kPEPE-PERP+0.0890%1h0.000005150+0.263%$190K$898K10xas long as short
01 Exchange kPEPEUSD+0.1128%1h0.000005163+0.509%$623$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1164%1h0.000005143+0.112%$94K$665K15xas long as short
Kraken Futures PF_PEPEUSD+0.1268%1h0.000005138+0.014%$4.6M$15.9M50xas long as short
Hyperliquid kPEPE+0.1588%1h0.000005149+0.236%$55.5M$142.0M10xas long as short