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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0095%/8h= −10.4% APRnext payment $0.12 per $10,000 · paid last 24h −0.092%
Price spread now: gTrade (Gains Network) against SoDEX+0.269%66s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.269% dearer against SoDEX than usual: you sell high and buy low (spread +0.269% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.4 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000049380.0100pay 0.0013% / 1h56m 13s$2K$11K10x
ShortgTrade (Gains Network) PEPE/USD0.000004951L +0.0005% / S −0.0005%get 0.0001% / 1h56m 13s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.01
Price spread: +0.269% → 0.000%
$26.93
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$11.08
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0372%1h0.000004924−0.279%$4.5M$16.6M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004956+0.355%$25K$18K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h0.000004925−0.263%$56K$115K25xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000004951+0.269%$3K150x
01 Exchange kPEPEUSD+0.0088%1h0.000004936−0.041%$595$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004929−0.182%$592K$9.0M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004930−0.162%$49.8M$156.3M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004946+0.162%$57K$195K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004927−0.225%$93.8M$441.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004926−0.243%$151.7M$101.8M75xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0100%8h0.000004929−0.188%$24.9M$75.6M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004927−0.223%$44.2M$228.4M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004927−0.217%$76K$989K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004972+0.695%$646K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004974+0.731%$27K$571K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004977+0.790%$144K$851K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004943+0.103%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USDlong+0.0100%1h0.000004938long leg$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000004920−0.358%$579K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004931−0.142%$2.3M$8.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0111%8h0.000004942+0.071%$6K20xas long as short
OKX PEPE-USDT-SWAP+0.0146%8h0.000004930−0.162%$44.4M$719.4M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004927−0.227%$7K15xas long as short
Nado kPEPE-PERP+0.0199%1h0.000004921−0.339%$135K$939K10xas long as short
BloFin PEPE-USDT+0.0272%8h0.000004952+0.284%$4.3M$28.7M75xas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004973+0.709%$5K$122K12xas long as short
Binance 1000PEPEUSDT+0.0294%8h0.000004932−0.132%$127.5M$1.53B75xas long as short
Extended 1000PEPE-USD+0.0296%1h0.000004924−0.286%$515K$285K25xas long as short
Aster 1000PEPEUSDT+0.0299%8h0.000004933−0.108%$1.7M$12.4M50xas long as short
MEXC PEPE_USDT+0.0300%8h0.000004922−0.314%$100.7M$294.7M300xas long as short
Aevo 1000PEPE-PERP+0.0304%1h0.000004925−0.263%$139K3xas long as short
BingX 1000PEPE-USDC+0.0329%8h0.000004935−0.061%$2.3Mas long as short
Orderly PERP_1000PEPE_USDC+0.0350%8h0.000004922−0.322%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004928−0.203%$795K$38.5M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0838% / S −0.0953%1h0.000004000−18.996%$50K100xas long as short