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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.010%
Price spread now: OKX against Variational Omni−0.014%7-day average +0.051% · 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)+0.039%+$4 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.014%, 7d avg +0.051%
Together, before fees+0.088%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.065% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.051%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.039% in total) that is about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 1000PEPE0.0000050520.0100pay 0.0100% / 8h7h 14m$591K$4.4M
ShortOKX PEPE-USDT-SWAP0.0000050510.0196get 0.0196% / 8h7h 14m$45.1M$544.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$20.1
Price spread: −0.014% → +0.051%
−$6.53
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.57
Costs to cover
0.100%
Break-even
5.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; OKX: live order book, 5 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, 5 min ago4.96 bpdoesn't fit18.8 bp −$188doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.00 bp8.6 bp −$912.1 bp −$12137.6 bp −$3,763doesn't fit

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−0.0115%1h0.000005088+0.726%$4.0M$14.2M50xas long as short
dYdX PEPE-USD0.0000%1h0.000005060+0.168%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005049−0.056%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005071+0.382%$60K$120K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005049−0.046%$95.0M$308.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005063+0.223%$162.3M$68.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005062+0.204%$26.0M$57.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005065+0.259%$44.9M$154.5M75xas long as short
Variational Omni 1000PEPElong+0.0100%8h0.000005052long leg$591K$4.4M
edgeX 1000PEPEUSDC+0.0100%4h0.000005019−0.647%$52K$380K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000005091+0.780%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000005086+0.679%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005065+0.263%$570K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000005083+0.609%$2.4M$6.7M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0173%1h0.000005021−0.608%$104K$750K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005065+0.262%$8K15xas long as short
OKX PEPE-USDT-SWAPshort+0.0196%8h0.000005051−0.014%$45.1M$544.4M50x
Paradex kPEPE-USD-PERP+0.0252%8h0.000005060+0.157%$6K$1620xas long as short
Orderly PERP_1000PEPE_USDC+0.0274%8h0.000005051−0.010%$31K$14K20xas long as short
BloFin PEPE-USDT+0.0313%8h0.000005087+0.698%$4.2M$24.4M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000005088+0.718%$694K$28.0M50xas long as short
BingX 1000PEPE-USDC+0.0465%8h0.000005055+0.057%$2.3Mas long as short
Extended 1000PEPE-USD+0.0480%1h0.000005063+0.214%$557K$163K25xas long as short
Aevo 1000PEPE-PERP+0.0480%1h0.000005073+0.421%$143K3xas long as short
MEXC PEPE_USDT+0.0481%8h0.000005066+0.279%$100.6M$290.2M300xas long as short
Binance 1000PEPEUSDT+0.0483%8h0.000005060+0.158%$139.8M$1.12B75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0490% / S −0.0826%1h0.000005000−1.024%$47K100xas long as short
Nado kPEPE-PERP+0.0532%1h0.000005061+0.178%$190K$863K10xas long as short
Aster 1000PEPEUSDT+0.0534%8h0.000005068+0.332%$1.5M$7.5M50xas long as short
Lighter 1000PEPE+0.0536%1h0.000005071+0.382%$664K$6.8M10xas long as short
01 Exchange kPEPEUSD+0.0584%1h0.000005067+0.303%$1K$2K10xas long as short
Backpack kPEPE_USDC_PERP+0.0602%1h0.000005090+0.752%$97K$601K15xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000005084+0.639%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0931%1h0.000005088+0.718%$62K$114K25xas long as short
Hyperliquid kPEPE+0.1807%1h0.000005086+0.679%$57.8M$130.5M10xas long as short