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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.064%
Price spread now: SoDEX against Aster−0.355%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 airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.355% cheaper against Aster than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000PEPEUSDT0.0000050170.0712pay 0.0712% / 8h5h 29m$1.8M$9.1M50x
ShortSoDEX 1000PEPE-USD0.0000049990.0562get 0.0070% / 1h29m 14s$2K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aster. 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
−$31.42
Price spread: −0.355% → 0.000%
−$35.48
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$82.9
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 5 min ago; 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 Aster live order book, 5 min ago3.10 bp16.2 bp −$1628.3 bp −$283doesn't fitdoesn't fit
Sell SoDEX no order-book sample
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
dYdX PEPE-USD0.0000%1h0.000005006−0.206%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005000−0.339%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005015−0.036%$64K$138K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004998−0.377%$97.5M$337.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005005−0.235%$163.4M$75.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005010−0.144%$25.9M$62.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005016−0.007%$676K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004991−0.511%$35K$435K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005017+0.002%$2K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005011−0.124%$569K$3.6M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0101%8h0.000005000−0.333%$46.0M$172.3M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005008−0.169%$8K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0320%8h0.000005001−0.315%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0322%8h0.000005003−0.275%$45.1M$583.2M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0368%1h0.000005016−0.016%$98K$753K25xas long as short
BloFin PEPE-USDT+0.0442%8h0.000005003−0.275%$4.3M$25.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0551%1h0.000004999−0.355%$61K$114K25xas long as short
SoDEX 1000PEPE-USDshort+0.0562%1h0.000004999−0.355%$2K$12K10x
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005019+0.044%$914K$31.2M50xas long as short
BingX 1000PEPE-USDT+0.0581%8h0.000005007−0.193%$261.1Mas long as short
GMX PEPE/USD [ETH-USDC]L +0.0592% / S −0.1060%1h0.000004000−20.268%$47K100xas long as short
Extended 1000PEPE-USD+0.0616%1h0.000005000−0.341%$530K$226K25xas long as short
MEXC PEPE_USDT+0.0616%8h0.000005001−0.311%$94.0M$289.3M300xas long as short
Aevo 1000PEPE-PERP+0.0616%1h0.000004997−0.395%$141K3xas long as short
Binance 1000PEPEUSDT+0.0618%8h0.000005000−0.327%$139.5M$1.20B75xas long as short
Aster 1000PEPEUSDTlong+0.0712%8h0.000005017long leg$1.8M$9.1M50x
Paradex kPEPE-USD-PERP+0.0777%8h0.000005011−0.125%$6K20xas long as short
Nado kPEPE-PERP+0.0856%1h0.000005006−0.223%$181K$870K10xas long as short
Phemex u1000PEPEUSDT+0.0870%8h0.000005012−0.096%$2.4M$7.1M50xas long as short
Backpack kPEPE_USDC_PERP+0.0955%1h0.000005013−0.080%$94K$625K15xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+1.758%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0976%1h0.000005015−0.036%$605$3K10xas long as short
Lighter 1000PEPE+0.1288%1h0.000005002−0.295%$686K$8.1M10xas long as short
Kraken Futures PF_PEPEUSD+0.1392%1h0.000004999−0.362%$4.2M$15.1M50xas long as short
Hyperliquid kPEPE+0.1700%1h0.000005014−0.056%$53.5M$139.3M10xas long as short