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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0617%/8h= +67.6% APRpaid last 24h +0.009%
Price spread now: MEXC against Reya−0.004%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 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kPEPERUSDPERP0.0000050300.0189pay 0.0024% / 1h51m 14s$8K15x
ShortMEXC PEPE_USDT0.0000050290.0806get 0.0806% / 8h2h 51m$96.9M$298.4M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$129.59
Price spread: −0.004% → 0.000%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee MEXC: 0 bp × 2 orders
$0
Net
$123.21
Costs to cover
0.060%
Break-even
0.3 days
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago0.50 bp1.6 bp −$211.4 bp −$11447.3 bp −$4,73076.7 bp −$38.4K
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%1h0.000005009−0.406%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005029−0.020%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005012−0.350%$63K$165K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005028−0.032%$99.0M$399.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005031+0.028%$160.9M$92.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005036+0.127%$25.2M$70.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004979−1.013%$597K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004979−0.997%$27K$536K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005043+0.275%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005022−0.153%$562K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERPlong+0.0189%1h0.000005030long leg$8K15x
Bitget PEPEUSDT+0.0343%8h0.000005036+0.125%$45.6M$208.5M75xas long as short
SoDEX 1000PEPE-USD+0.0401%1h0.000005038+0.167%$2K$10K10xas long as short
OKX PEPE-USDT-SWAP+0.0410%8h0.000005035+0.108%$46.4M$680.4M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005040+0.215%$33K$27K20xas long as short
BloFin PEPE-USDT+0.0531%8h0.000005038+0.167%$4.8M$27.9M75xas long as short
Paradex kPEPE-USD-PERP+0.0543%8h0.000005010−0.399%$6K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0585%1h0.000004982−0.946%$153K$812K25xas long as short
Backpack kPEPE_USDC_PERP+0.0649%1h0.000005034+0.088%$73K$826K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005040+0.207%$620K$36.8M50xas long as short
01 Exchange kPEPEUSD+0.0688%1h0.000005019−0.211%$605$3K10xas long as short
Phemex u1000PEPEUSDT+0.0691%8h0.000005037+0.147%$2.4M$7.8M50xas long as short
Lighter 1000PEPE+0.0720%1h0.000005042+0.247%$606K$9.0M10xas long as short
BingX 1000PEPE-USDC+0.0788%8h0.000005024−0.119%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005052+0.446%$143K3xas long as short
MEXC PEPE_USDTshort+0.0806%8h0.000005029−0.004%$96.9M$298.4M300x
Binance 1000PEPEUSDT+0.0807%8h0.000005032+0.052%$142.5M$1.39B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005038+0.170%$533K$262K25xas long as short
Nado kPEPE-PERP+0.0823%1h0.000005023−0.126%$169K$940K10xas long as short
Kraken Futures PF_PEPEUSD+0.0848%1h0.000005035+0.113%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0879%8h0.000005032+0.048%$1.7M$11.0M50xas long as short
Hyperliquid kPEPE+0.1034%1h0.000005036+0.127%$53.4M$150.5M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1048% / S −0.1633%1h0.000005000−0.588%$67K100xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1140%1h0.000005042+0.247%$72K$127K25xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004976−1.065%$3K$111K12xas long as short