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−0.0344%/8h= −37.6% APRpaid last 24h −0.042%
Price spread now: Paradex against 01 Exchange−0.283%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 airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.283% cheaper against 01 Exchange than usual: you would sell low and buy high (−$28 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 kPEPEUSD0.0000050630.0616pay 0.0077% / 1h9m 56s$1K$2K10x
ShortParadex kPEPE-USD-PERP0.0000050490.0272get 0.0272% / 8h7h 09m$6K$1620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$72.15
Price spread: −0.283% → 0.000%
−$28.3
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$111.45
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample
Sell Paradex no order-book sample
01 Exchange and 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
Kraken Futures PF_PEPEUSD−0.0116%1h0.000005032−0.607%$3.9M$14.3M50xas long as short
dYdX PEPE-USD0.0000%1h0.000005050−0.253%$19K$9510xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h0.000005029−0.672%$61K$114K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005040−0.456%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005053−0.198%$59K$120K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005042−0.407%$95.1M$309.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005039−0.474%$161.8M$68.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005043−0.395%$25.6M$57.4M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005045−0.352%$44.8M$154.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005026−0.737%$588K$4.4Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000005071+0.160%$53K$381K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005037−0.512%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000005032−0.612%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005047−0.310%$565K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000005039−0.470%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005047−0.310%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0195%8h0.000005045−0.356%$44.9M$544.9M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0209%1h0.000005072+0.178%$105K$750K25xas long as short
Paradex kPEPE-USD-PERPshort+0.0272%8h0.000005049−0.283%$6K$1620x
Orderly PERP_1000PEPE_USDC+0.0273%8h0.000005027−0.711%$31K$14K20xas long as short
BloFin PEPE-USDT+0.0315%8h0.000005031−0.632%$4.1M$24.2M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000005033−0.593%$601K$28.0M50xas long as short
BingX 1000PEPE-USDC+0.0459%8h0.000005042−0.413%$2.3Mas long as short
Extended 1000PEPE-USD+0.0472%1h0.000005043−0.393%$554K$199K25xas long as short
Binance 1000PEPEUSDT+0.0476%8h0.000005048−0.290%$140.0M$1.12B75xas long as short
MEXC PEPE_USDT+0.0476%8h0.000005045−0.363%$99.7M$290.9M300xas long as short
Aevo 1000PEPE-PERP+0.0480%1h0.000005025−0.751%$142K3xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0493% / S −0.0454%1h0.000005000−1.244%$59K100xas long as short
Aster 1000PEPEUSDT+0.0527%8h0.000005040−0.459%$1.5M$7.5M50xas long as short
Lighter 1000PEPE+0.0552%1h0.000005038−0.494%$661K$6.9M10xas long as short
Nado kPEPE-PERP+0.0552%1h0.000005052−0.211%$189K$861K10xas long as short
01 Exchange kPEPEUSDlong+0.0616%1h0.000005063long leg$1K$2K10x
Backpack kPEPE_USDC_PERP+0.0624%1h0.000005041−0.435%$95K$601K15xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000005043−0.395%$4K$102K12xas long as short
Hyperliquid kPEPE+0.2044%1h0.000005065+0.040%$56.4M$132.3M10xas long as short