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−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.043%
Price spread now: SoDEX against 01 Exchange−0.062%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 feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.062% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 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 kPEPEUSD0.0000048020.0304pay 0.0038% / 1h56m 49s$550$2K10x
ShortSoDEX 1000PEPE-USD0.0000047990.0158get 0.0020% / 1h56m 49s$2K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$30.61
Price spread: −0.062% → 0.000%
−$6.25
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$51.86
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: 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 SoDEX no order-book sample
01 Exchange and SoDEX: 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
Phemex u1000PEPEUSDT−0.1073%8h0.000004798−0.073%$2.3M$6.5M50xas long as short
Kraken Futures PF_PEPEUSD−0.0122%1h0.000004797−0.099%$3.9M$13.9M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004792−0.204%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004797−0.110%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004788−0.292%$68.5M$101.9M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004796−0.125%$56K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004791−0.229%$87.5M$296.7M50xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004794−0.167%$24.1M$55.0M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004796−0.129%$42.4M$151.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004764−0.794%$552K$4.2Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004767−0.719%$25K$350K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004767−0.729%$100K$754K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004805+0.073%$2K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000004802−0.002%$542K$3.5M75xas long as short
Lighter 1000PEPE+0.0120%1h0.000004800−0.042%$578K$6.6M10xas long as short
SoDEX 1000PEPE-USDshort+0.0158%1h0.000004799−0.062%$2K$12K10x
Paradex kPEPE-USD-PERP+0.0175%8h0.000004797−0.106%$5K$1620xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004801−0.022%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0191%8h0.000004796−0.125%$42.8M$505.2M50xas long as short
01 Exchange kPEPEUSDlong+0.0304%1h0.000004802long leg$550$2K10x
BloFin PEPE-USDT+0.0310%8h0.000004792−0.208%$3.9M$22.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0336%8h0.000004799−0.067%$30K$13K20xas long as short
Nado kPEPE-PERP+0.0338%1h0.000004801−0.011%$181K$849K10xas long as short
Gate PEPE_USDT+0.0348%8h0.000004793−0.187%$152.3M$64.5M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000004804+0.042%$557K$25.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0403% / S −0.0444%1h0.000004000−16.701%$43K100xas long as short
BingX 1000PEPE-USDT+0.0532%8h0.000004792−0.214%$257.5Mas long as short
Aster 1000PEPEUSDT+0.0542%8h0.000004799−0.054%$1.5M$7.3M50xas long as short
Extended 1000PEPE-USD+0.0544%1h0.000004793−0.198%$526K$148K25xas long as short
Binance 1000PEPEUSDT+0.0544%8h0.000004794−0.157%$135.0M$1.08B75xas long as short
MEXC PEPE_USDT+0.0544%8h0.000004799−0.058%$91.3M$279.6M300xas long as short
Aevo 1000PEPE-PERP+0.0552%1h0.000004796−0.125%$136K3xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000004793−0.187%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0659%1h0.000004795−0.152%$93K$603K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1001%1h0.000004801−0.021%$77K$98K25xas long as short