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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.045%
Price spread now: 01 Exchange against SoDEX+0.041%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 +$11 a day on $10k at the current rate, and 01 Exchange is 0.041% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000049260.0100pay 0.0013% / 1h36m 00s$2K$12K10x
Short01 Exchange kPEPEUSD0.0000049280.0456get 0.0057% / 1h36m 00s$1K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$74.76
Price spread: +0.041% → 0.000%
$4.06
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$63.82
Costs to cover
0.150%
Break-even
1.0 days
Slippage unknown: SoDEX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
SoDEX and 01 Exchange: 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
Kraken Futures PF_PEPEUSD−0.0119%1h0.000004925−0.012%$3.9M$13.9M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004922−0.079%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004922−0.079%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000004929+0.061%$58K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004923−0.053%$90.2M$301.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004924−0.041%$156.0M$65.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004925−0.018%$25.2M$55.8M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004926+0.004%$43.2M$151.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004921−0.107%$575K$4.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004900−0.532%$26K$352K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004933+0.132%$1K$2.4M20xas long as short
SoDEX 1000PEPE-USDlong+0.0100%1h0.000004926long leg$2K$12K10x
HTX PEPE-USDT+0.0100%8h0.000004929+0.067%$557K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004921−0.099%$2.4M$6.6M50xas long as short
Hyperliquid kPEPE+0.0177%1h0.000004932+0.122%$58.8M$113.5M10xas long as short
OKX PEPE-USDT-SWAP+0.0188%8h0.0000049260.000%$43.2M$521.5M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004926−0.004%$7K15xas long as short
Paradex kPEPE-USD-PERP+0.0196%8h0.000004929+0.056%$6K$1620xas long as short
Lighter 1000PEPE+0.0248%1h0.000004930+0.081%$577K$6.7M10xas long as short
Orderly PERP_1000PEPE_USDC+0.0300%8h0.000004926−0.008%$30K$13K20xas long as short
BloFin PEPE-USDT+0.0307%8h0.000004937+0.223%$4.0M$23.4M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000004928+0.041%$588K$26.7M50xas long as short
Nado kPEPE-PERP+0.0412%1h0.000004927+0.025%$192K$851K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0439%1h0.000004899−0.548%$101K$753K25xas long as short
01 Exchange kPEPEUSDshort+0.0456%1h0.000004928+0.041%$1K$2K10x
GMX PEPE/USD [ETH-USDC]L +0.0462% / S −0.0689%1h0.000004000−18.798%$46K100xas long as short
Extended 1000PEPE-USD+0.0504%1h0.000004925−0.014%$541K$148K25xas long as short
BingX 1000PEPE-USDC+0.0504%8h0.000004926−0.004%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0507%8h0.000004925−0.020%$138.5M$1.09B75xas long as short
MEXC PEPE_USDT+0.0508%8h0.000004930+0.083%$97.9M$282.5M300xas long as short
Aevo 1000PEPE-PERP+0.0512%1h0.000004927+0.020%$139K3xas long as short
Aster 1000PEPEUSDT+0.0532%8h0.000004928+0.044%$1.5M$7.5M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0563%1h0.000004927+0.020%$70K$107K25xas long as short
Backpack kPEPE_USDC_PERP+0.0570%1h0.000004926−0.002%$92K$601K15xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000004915−0.223%$4K$102K12xas long as short