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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0773%/8h= −84.7% APRpaid last 24h −0.072%
Price spread now: gTrade (Gains Network) against BingX−0.092%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 −$23 a day on $10k at the current rate, and gTrade (Gains Network) is 0.092% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDT0.0000050160.0778pay 0.0778% / 8h2h 50m$238.3M
ShortgTrade (Gains Network) PEPE/USD0.000005011L +0.0005% / S −0.0005%get 0.0001% / 1h50m 18s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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
−$162.39
Price spread: −0.092% → 0.000%
−$9.17
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$191.56
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 min ago; gTrade (Gains Network): 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 BingX live order book, 9 min ago0.10 bp5.8 bp −$66.7 bp −$677.7 bp −$77133.0 bp −$16.5K
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%1h0.000005021+0.106%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000005011−0.092%$3K150x
Pacifica kPEPE+0.0100%1h0.000005026+0.203%$63K$165K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005011−0.094%$98.8M$399.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005016+0.004%$160.3M$92.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005024+0.169%$25.0M$70.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005035+0.375%$596K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004979−0.725%$27K$536K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005021+0.112%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005024+0.154%$561K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005018+0.052%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0306%1h0.000005017+0.024%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0343%8h0.000005015−0.008%$45.4M$208.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0349%1h0.000005015−0.016%$72K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0409%8h0.000005017+0.024%$46.5M$678.2M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005018+0.034%$33K$27K20xas long as short
BloFin PEPE-USDT+0.0531%8h0.000005038+0.443%$4.8M$27.9M75xas long as short
Paradex kPEPE-USD-PERP+0.0544%8h0.000005020+0.093%$6K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0585%1h0.000004982−0.674%$153K$812K25xas long as short
Lighter 1000PEPE+0.0640%1h0.000005020+0.084%$601K$9.0M10xas long as short
Backpack kPEPE_USDC_PERP+0.0649%1h0.000005034+0.363%$73K$826K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005028+0.243%$620K$36.7M50xas long as short
Phemex u1000PEPEUSDT+0.0696%8h0.000005015−0.020%$2.4M$7.8M50xas long as short
01 Exchange kPEPEUSD+0.0704%1h0.000005031+0.303%$607$3K10xas long as short
BingX 1000PEPE-USDTlong+0.0778%8h0.000005016long leg$238.3M
Nado kPEPE-PERP+0.0780%1h0.000005024+0.169%$169K$940K10xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005042+0.522%$143K3xas long as short
MEXC PEPE_USDT+0.0806%8h0.000005019+0.072%$96.7M$298.6M300xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005016+0.003%$533K$262K25xas long as short
Binance 1000PEPEUSDT+0.0809%8h0.000005014−0.036%$142.0M$1.39B75xas long as short
Kraken Futures PF_PEPEUSD+0.0852%1h0.000005012−0.074%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0881%8h0.000005019+0.064%$1.7M$11.0M50xas long as short
Hyperliquid kPEPE+0.1031%1h0.000005025+0.183%$53.3M$150.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1051% / S −0.1949%1h0.000005000−0.315%$64K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004976−0.793%$3K$111K12xas long as short