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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h 0.000%
Price spread now: BingX against SoDEX+0.107%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 feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.107% dearer against SoDEX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000050350.0556pay 0.0069% / 1h37m 35s$2K$12K10x
ShortBingX 1000PEPE-USDT0.0000050400.0567get 0.0567% / 8h5h 37m$260.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$2.39
Price spread: +0.107% → 0.000%
$10.72
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$4.88
Costs to cover
0.180%
Break-even
21.3 days
Slippage unknown: SoDEX: no order-book sample; BingX: live order book, 17 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 BingX live order book, 17 min ago0.10 bp5.3 bp −$59.6 bp −$9616.0 bp −$1,60243.6 bp −$21.8K
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%1h0.000005031−0.088%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005032−0.054%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005038+0.060%$64K$136K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005043+0.149%$98.7M$334.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005033−0.040%$164.9M$74.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005031−0.081%$25.3M$62.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005041+0.125%$46.3M$171.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005050+0.288%$680K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005056+0.424%$27K$423K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005059+0.475%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005031−0.075%$574K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005040+0.100%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0311%8h0.000005042+0.139%$45.9M$582.9M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0316%8h0.000005035+0.008%$33K$24K20xas long as short
BloFin PEPE-USDT+0.0424%8h0.000005043+0.159%$4.3M$25.1M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0546%1h0.000005031−0.079%$61K$114K25xas long as short
SoDEX 1000PEPE-USDlong+0.0556%1h0.000005035long leg$2K$12K10x
BingX 1000PEPE-USDTshort+0.0567%8h0.000005040+0.107%$260.8M
GMX PEPE/USD [ETH-USDC]L +0.0574% / S −0.0885%1h0.000005000−0.695%$49K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005038+0.060%$836K$30.9M50xas long as short
MEXC PEPE_USDT+0.0604%8h0.000005040+0.099%$96.0M$288.0M300xas long as short
Binance 1000PEPEUSDT+0.0605%8h0.000005050+0.302%$141.6M$1.20B75xas long as short
Extended 1000PEPE-USD+0.0608%1h0.000005042+0.148%$533K$221K25xas long as short
Aevo 1000PEPE-PERP+0.0608%1h0.000005036+0.020%$142K3xas long as short
Phemex u1000PEPEUSDT+0.0639%8h0.000005038+0.068%$2.4M$7.0M50xas long as short
Aster 1000PEPEUSDT+0.0699%8h0.000005031−0.076%$1.8M$9.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0761%8h0.000005042+0.132%$6K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0772%1h0.000005053+0.357%$99K$753K25xas long as short
Nado kPEPE-PERP+0.0899%1h0.000005042+0.130%$183K$866K10xas long as short
Backpack kPEPE_USDC_PERP+0.0917%1h0.000005027−0.149%$98K$618K15xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+1.390%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005048+0.258%$609$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1383%1h0.000005032−0.069%$4.2M$15.1M50xas long as short
Lighter 1000PEPE+0.1464%1h0.000005037+0.040%$714K$8.0M10xas long as short
Hyperliquid kPEPE+0.1789%1h0.000005047+0.238%$55.5M$137.3M10xas long as short