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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0230%/8h= +25.2% APRnext payment +$2.30 per $10,000 · paid last 24h +0.076%
Price spread now: Paradex against SunX−0.096%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.096% cheaper against SunX than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000050080.0100pay 0.0100% / 8h7h 10m$1K$2.7M20x
ShortParadex kPEPE-USD-PERP0.0000050030.0330get 0.0330% / 8h7h 10m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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
$48.39
Price spread: −0.096% → 0.000%
−$9.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$26.76
Costs to cover
0.120%
Break-even
3.1 days
Slippage unknown: SunX: live order book, 7 min ago; Paradex: 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 SunX live order book, 7 min ago29.13 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005000−0.164%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005006−0.044%$57K$195K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005007−0.024%$97.1M$447.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005002−0.124%$159.8M$103.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005017+0.169%$659K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005032+0.482%$28K$568K20xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000005008long leg$1K$2.7M20x
SoDEX 1000PEPE-USD+0.0100%1h0.000005007−0.024%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005010+0.026%$585K$4.3M75xas long as short
KuCoin PEPEUSDTM+0.0146%8h0.000005012+0.068%$25.6M$75.9M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PEPE/USDC PERP+0.0147%1h0.000005001−0.144%$6K$121K12xas long as short
ApeX Omni 1000PEPEUSDT+0.0149%1h0.000005005−0.064%$147K$845K25xas long as short
Bitget PEPEUSDT+0.0158%8h0.000005007−0.024%$44.7M$226.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005008+0.003%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0302%8h0.000005006−0.044%$45.9M$743.6M50xas long as short
Paradex kPEPE-USD-PERPshort+0.0330%8h0.000005003−0.096%$6K20x
Hyperliquid kPEPE+0.0333%1h0.000005010+0.036%$51.7M$161.8M10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0350%1h0.000005006−0.044%$57K$139K25xas long as short
Phemex u1000PEPEUSDT+0.0351%8h0.000005012+0.084%$2.3M$8.1M50xas long as short
Backpack kPEPE_USDC_PERP+0.0361%1h0.000005014+0.118%$67K$957K15xas long as short
Lighter 1000PEPE+0.0376%1h0.000005002−0.124%$592K$9.1M10xas long as short
BloFin PEPE-USDT+0.0427%8h0.000005009+0.016%$4.4M$30.1M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0436%8h0.000005002−0.118%$32K$30K20xas long as short
01 Exchange kPEPEUSD+0.0464%1h0.000005009+0.016%$604$2K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005005−0.064%$684K$39.8M50xas long as short
Nado kPEPE-PERP+0.0594%1h0.000005009+0.008%$153K$950K10xas long as short
BingX 1000PEPE-USDT+0.0597%8h0.000005007−0.032%$179.6Mas long as short
Binance 1000PEPEUSDT+0.0601%8h0.000005011+0.058%$132.5M$1.55B75xas long as short
MEXC PEPE_USDT+0.0605%8h0.000005004−0.078%$99.9M$313.0M300xas long as short
Extended 1000PEPE-USD+0.0608%1h0.000005004−0.076%$525K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0608%1h0.000005000−0.164%$141K3xas long as short
Aster 1000PEPEUSDT+0.0624%8h0.000005010+0.043%$1.7M$12.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0633%1h0.000005005−0.061%$4.6M$17.2M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0971% / S −0.1091%1h0.000005000−0.164%$50K100xas long as short
dYdX PEPE-USD+0.4315%1h0.000005001−0.151%$25K$12K10xas long as short