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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0215%/8h= +23.6% APRnext payment +$2.15 per $10,000 · paid last 24h +0.042%
Price spread now: BloFin against Variational Omni+0.807%7-day average +0.099% · 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)+0.128%+$13 on $10k
Price spread, last 3 days (all we have)−0.696%−$70 · spread now +0.807%, 7d avg +0.099%
Together, before fees−0.568%+ Points / potential airdropVariational Omni: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.708% dearer against Variational Omni than usual: you sell high and buy low: +$71 more if the spread goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 1000PEPE0.0000047250.0100pay 0.0100% / 8h2m 24s$544K$4.2M
ShortBloFin PEPE-USDT0.0000047630.0315get 0.0315% / 8h2m 24s$3.9M$22.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$45.22
Price spread: +0.807% → +0.099%
$70.82
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$104.04
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BloFin: live order book, 7 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 Variational Omni RFQ quote, 2 min ago6.31 bpdoesn't fit18.9 bp −$189doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago1.06 bp8.8 bp −$911.0 bp −$11022.3 bp −$2,23262.7 bp −$31.3K

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
Hyperliquid kPEPE−0.0330%1h0.000004764+0.828%$69.2M$99.7M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004768+0.914%$17K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004766+0.873%$14K150xas long as short
Kraken Futures PF_PEPEUSD+0.0067%1h0.000004763+0.805%$3.9M$13.9M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004771+0.976%$56K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004768+0.913%$87.3M$295.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004768+0.913%$151.1M$65.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004767+0.900%$24.4M$54.9M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004771+0.970%$42.1M$151.1M75xas long as short
Variational Omni 1000PEPElong+0.0100%8h0.000004725long leg$544K$4.2M
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004725−0.002%$25K$351K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004740+0.320%$99K$755K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004770+0.957%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004763+0.807%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004762+0.782%$538K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0162%8h0.000004768+0.919%$2.3M$6.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0178%8h0.000004767+0.899%$5K$1620xas long as short
Lighter 1000PEPE+0.0184%1h0.000004772+0.998%$576K$6.6M10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004771+0.976%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0194%8h0.000004772+0.998%$42.6M$501.0M50xas long as short
BloFin PEPE-USDTshort+0.0315%8h0.000004763+0.807%$3.9M$22.5M75x
01 Exchange kPEPEUSD+0.0320%1h0.000004771+0.976%$547$2K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0343%8h0.000004771+0.976%$29K$13K20xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0396% / S −0.0435%1h0.000004000−15.341%$43K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004753+0.596%$558K$25.6M50xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004746+0.447%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0536%1h0.000004768+0.905%$93K$603K15xas long as short
BingX 1000PEPE-USDT+0.0540%8h0.000004771+0.968%$257.4Mas long as short
Aster 1000PEPEUSDT+0.0555%8h0.000004769+0.942%$1.5M$7.3M50xas long as short
Binance 1000PEPEUSDT+0.0558%8h0.000004772+0.993%$134.2M$1.07B75xas long as short
Extended 1000PEPE-USD+0.0560%1h0.000004769+0.931%$524K$148K25xas long as short
MEXC PEPE_USDT+0.0560%8h0.000004773+1.021%$90.4M$283.8M300xas long as short
Aevo 1000PEPE-PERP+0.0560%1h0.000004771+0.976%$135K3xas long as short
Nado kPEPE-PERP+0.0583%1h0.000004771+0.971%$180K$849K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0800%1h0.000004765+0.850%$77K$98K25xas long as short