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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h −0.003%
Price spread now: Paradex against BingX−0.137%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 4 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
Funding pays, the price is against you. Paradex is 0.137% cheaper against BingX than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDT0.0000053180.0764pay 0.0764% / 8h3h 46m$264.0M
ShortParadex kPEPE-USD-PERP0.0000053110.0800get 0.0800% / 8h3h 46m$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$7.65
Price spread: −0.137% → 0.000%
−$13.69
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$20.04
Costs to cover
0.140%
Break-even
25.4 days
Slippage unknown: BingX: live order book, 8 min ago; 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 BingX live order book, 8 min ago0.19 bp5.9 bp −$69.0 bp −$9015.9 bp −$1,59239.6 bp −$19.8K
Sell Paradex no order-book sample
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
dYdX PEPE-USD0.0000%1h0.000005316−0.041%$20K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005313−0.094%$15K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005381+1.188%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005320+0.041%$69K$153K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005315−0.056%$104.4M$371.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005312−0.109%$175.9M$86.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005324+0.109%$26.9M$67.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005323+0.090%$765K$5.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005322+0.084%$43K$498K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005321+0.060%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005324+0.126%$610K$3.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005323+0.103%$8K15xas long as short
Bitget PEPEUSDT+0.0262%8h0.000005321+0.053%$51.9M$186.5M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0379%8h0.000005317−0.017%$36K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0422%8h0.000005319+0.023%$52.3M$674.7M50xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005333+0.286%$4.5M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0617%8h0.000005320+0.034%$2.6M$7.5M50xas long as short
SoDEX 1000PEPE-USD+0.0688%1h0.000005324+0.117%$2K$10K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0691%1h0.000005317−0.015%$75K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005322+0.079%$714K$36.2M50xas long as short
BingX 1000PEPE-USDTlong+0.0764%8h0.000005318long leg$264.0M
Aevo 1000PEPE-PERP+0.0800%1h0.000005323+0.098%$150K3xas long as short
Paradex kPEPE-USD-PERPshort+0.0800%8h0.000005311−0.137%$6K20x
MEXC PEPE_USDT+0.0807%8h0.000005320+0.036%$103.7M$292.7M300xas long as short
Binance 1000PEPEUSDT+0.0807%8h0.000005320+0.040%$154.0M$1.31B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005322+0.088%$563K$226K25xas long as short
Nado kPEPE-PERP+0.0858%1h0.000005321+0.070%$190K$914K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0894% / S −0.1749%1h0.000005000−5.976%$65K100xas long as short
Aster 1000PEPEUSDT+0.0940%8h0.000005324+0.111%$1.9M$9.9M50xas long as short
Lighter 1000PEPE+0.1224%1h0.000005327+0.173%$688K$8.6M10xas long as short
01 Exchange kPEPEUSD+0.1248%1h0.000005328+0.192%$643$3K10xas long as short
ApeX Omni 1000PEPEUSDT+0.1270%1h0.000005320+0.041%$175K$798K25xas long as short
Backpack kPEPE_USDC_PERP+0.1385%1h0.000005337+0.354%$72K$722K15xas long as short
Kraken Futures PF_PEPEUSD+0.1535%1h0.000005319+0.016%$4.9M$16.3M50xas long as short
Hyperliquid kPEPE+0.1776%1h0.000005328+0.192%$58.4M$144.4M10xas long as short