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

PEPE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.069%
Price spread now: Aster against SoDEX+0.180%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 airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.180% dearer against SoDEX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000050040.0529pay 0.0066% / 1h49m 16s$2K$12K10x
ShortAster 1000PEPEUSDT0.0000050130.0552get 0.0552% / 8h6h 49m$1.7M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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
$4.84
Price spread: +0.180% → 0.000%
$18.05
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$6.89
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 5 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 SoDEX no order-book sample
Sell Aster live order book, 5 min ago1.90 bp5.9 bp −$68.2 bp −$82262.2 bp −$26.2Kdoesn't fit
SoDEX: 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%1h0.000004998−0.115%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004994−0.200%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005009+0.100%$61K$125K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005009+0.100%$96.5M$319.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004995−0.180%$159.1M$69.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005009+0.096%$25.2M$59.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005001−0.062%$44.4M$158.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004998−0.125%$557K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004981−0.460%$46K$387K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004999−0.100%$106K$751K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000005009+0.096%$1K$2.5M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005013+0.172%$555K$3.6M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000005009+0.100%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005004−0.004%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0203%8h0.000005018+0.280%$44.4M$555.0M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0273%8h0.000005000−0.076%$32K$22K20xas long as short
BloFin PEPE-USDT+0.0318%8h0.000005008+0.080%$4.2M$24.6M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0350%1h0.000005000−0.080%$61K$114K25xas long as short
Paradex kPEPE-USD-PERP+0.0381%8h0.000005001−0.062%$6K$1620xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005011+0.140%$636K$28.6M50xas long as short
BingX 1000PEPE-USDC+0.0444%8h0.000005012+0.162%$2.3Mas long as short
MEXC PEPE_USDT+0.0479%8h0.000005020+0.320%$95.4M$287.8M300xas long as short
Binance 1000PEPEUSDT+0.0479%8h0.000005013+0.171%$138.9M$1.16B75xas long as short
Extended 1000PEPE-USD+0.0480%1h0.000005002−0.031%$552K$199K25xas long as short
Aevo 1000PEPE-PERP+0.0480%1h0.000005000−0.080%$141K3xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0504% / S −0.0410%1h0.000004000−20.064%$62K100xas long as short
SoDEX 1000PEPE-USDlong+0.0529%1h0.000005004long leg$2K$12K10x
Aster 1000PEPEUSDTshort+0.0552%8h0.000005013+0.180%$1.7M$8.0M50x
Nado kPEPE-PERP+0.0625%1h0.000005011+0.135%$177K$883K10xas long as short
Kraken Futures PF_PEPEUSD+0.0832%1h0.000005006+0.042%$3.9M$14.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0848%1h0.000005027+0.462%$101K$623K15xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005024+0.400%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0912%1h0.000005016+0.240%$1K$2K10xas long as short
Lighter 1000PEPE+0.1192%1h0.000005015+0.220%$648K$6.8M10xas long as short
Hyperliquid kPEPE+0.2564%1h0.000005019+0.300%$55.5M$134.7M10xas long as short