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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0708%/8h= +77.5% APRnext payment +$0.89 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against SoDEX−0.069%58s7-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 airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.069% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000048240.0100pay 0.0013% / 1h28m 23s$3K$11K10x
ShortExtended 1000PEPE-USD0.0000048210.0808get 0.0101% / 1h28m 23s$529K$148K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$148.68
Price spread: −0.069% → 0.000%
−$6.87
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$128.81
Costs to cover
0.130%
Break-even
0.9 days
Slippage unknown: SoDEX: no order-book sample; Extended: live order book, 54 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 Extended live order book, 54 min ago3.09 bp7.6 bp −$844.2 bp −$442doesn't fitdoesn'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%1h0.000004829+0.101%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004820−0.081%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004836+0.249%$576K$5.6M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.0000048240.000%$62.6M$79.7M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004832+0.166%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004822−0.041%$87.4M$281.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004826+0.041%$150.2M$62.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004824+0.008%$24.8M$54.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004818−0.126%$574K$4.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004832+0.161%$27K$344K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004829+0.112%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USDlong+0.0100%1h0.000004824long leg$3K$11K10x
HTX PEPE-USDT+0.0100%8h0.000004820−0.077%$545K$3.5M75xas long as short
Bitget PEPEUSDT+0.0142%8h0.000004829+0.102%$42.5M$151.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004827+0.067%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0203%8h0.000004823−0.021%$41.9M$492.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0212% / S −0.0091%1h0.000004000−17.081%$54K100xas long as short
BloFin PEPE-USDT+0.0323%8h0.000004820−0.083%$3.9M$22.2M75xas long as short
Paradex kPEPE-USD-PERP+0.0344%8h0.000004834+0.216%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0390%8h0.000004827+0.073%$2.3M$6.4M50xas long as short
01 Exchange kPEPEUSD+0.0432%1h0.000004836+0.249%$554$2K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0446%8h0.000004824−0.006%$29K$11K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004822−0.041%$595K$25.7M50xas long as short
Backpack kPEPE_USDC_PERP+0.0589%1h0.000004825+0.017%$92K$615K15xas long as short
ApeX Omni 1000PEPEUSDT+0.0656%1h0.000004829+0.104%$103K$764K25xas long as short
Nado kPEPE-PERP+0.0732%1h0.000004829+0.104%$186K$855K10xas long as short
BingX 1000PEPE-USDC+0.0799%8h0.000004823−0.029%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0807%8h0.000004825+0.031%$130.8M$1.04B75xas long as short
Extended 1000PEPE-USDshort+0.0808%1h0.000004821−0.069%$529K$148K25x
Aevo 1000PEPE-PERP+0.0808%1h0.000004825+0.021%$136K3xas long as short
MEXC PEPE_USDT+0.0811%8h0.000004828+0.089%$91.6M$284.3M300xas long as short
Aster 1000PEPEUSDT+0.0828%8h0.000004834+0.213%$1.5M$7.0M50xas long as short
Injective PEPE/USDC PERP+0.0873%1h0.000004825+0.021%$4K$103K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0995%1h0.0000048240.000%$82K$94K25xas long as short
Kraken Futures PF_PEPEUSD+0.1323%1h0.000004822−0.037%$3.9M$13.3M50xas long as short