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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0716%/8h= −78.4% APRnext payment $0.89 per $10,000 · paid last 24h −0.059%
Price spread now: Pacifica against 01 Exchange−1.102%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Pacifica is 1.102% cheaper against 01 Exchange than usual: you would sell low and buy high (−$110 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000049010.0816pay 0.0102% / 1h54m 14s$561$2K10x
ShortPacifica kPEPE0.0000048470.0100get 0.0013% / 1h54m 14s$58K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against 01 Exchange. 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
−$150.36
Price spread: −1.102% → 0.000%
−$110.18
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$275.54
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Pacifica: live order book, 33 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 01 Exchange no order-book sample
Sell Pacifica live order book, 33 min ago6.08 bp15.9 bp −$16doesn't fitdoesn't fitdoesn't fit
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
dYdX PEPE-USD0.0000%1h0.000004840−1.234%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004808−1.906%$13K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004813−1.796%$55.9M$67.9M10xas long as short
Pacifica kPEPEshort+0.0100%1h0.000004847−1.102%$58K$108K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000004808−1.904%$88.7M$271.5M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h0.000004812−1.816%$41.2M$484.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004806−1.938%$147.0M$60.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004807−1.912%$21.8M$48.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004889−0.235%$719K$3.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004893−0.173%$28K$335K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004820−1.647%$2K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000004815−1.757%$555K$3.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0166%1h0.000004811−1.836%$81K$94K25xas long as short
Backpack kPEPE_USDC_PERP+0.0172%1h0.000004888−0.257%$97K$591K15xas long as short
Bitget PEPEUSDT+0.0183%8h0.000004816−1.726%$43.7M$145.7M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004814−1.783%$7K15xas long as short
Lighter 1000PEPE+0.0216%1h0.000004866−0.714%$584K$4.9M10xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004893−0.163%$4.0M$21.6M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0310% / S −0.0264%1h0.000004000−18.384%$46K100xas long as short
Orderly PERP_1000PEPE_USDC+0.0346%8h0.000004812−1.820%$30K$10K20xas long as short
Paradex kPEPE-USD-PERP+0.0349%8h0.000004768−2.707%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0453%8h0.000004814−1.781%$2.3M$6.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004828−1.489%$562K$25.2M50xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004902+0.020%$4K$92K12xas long as short
SoDEX 1000PEPE-USD+0.0624%1h0.000004825−1.551%$2K$9K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0699%1h0.000004891−0.204%$101K$755K25xas long as short
Nado kPEPE-PERP+0.0728%1h0.000004807−1.918%$180K$868K10xas long as short
Kraken Futures PF_PEPEUSD+0.0759%1h0.000004824−1.576%$3.8M$12.7M50xas long as short
BingX 1000PEPE-USDC+0.0763%8h0.000004806−1.947%$2.3Mas long as short
Extended 1000PEPE-USD+0.0792%1h0.000004818−1.693%$529K$146K25xas long as short
MEXC PEPE_USDT+0.0792%8h0.000004811−1.828%$127.9M$285.2M300xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000004831−1.428%$137K3xas long as short
Binance 1000PEPEUSDT+0.0793%8h0.000004820−1.658%$129.5M$1.00B75xas long as short
01 Exchange kPEPEUSDlong+0.0816%1h0.000004901long leg$561$2K10x
Aster 1000PEPEUSDT+0.0855%8h0.000004794−2.181%$1.5M$6.8M50xas long as short