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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0269%/8h= +29.4% APRpaid last 24h +0.045%
Price spread now: Aevo against BloFin+0.079%53s7-day average +0.030% · you sell dearer than you buy
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 7 days−0.140%−$14 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.079%, 7d avg +0.030%
Together, before fees−0.064%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Aevo is 0.049% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEPE-USDT0.0000050380.0531pay 0.0531% / 8h2h 49m$4.8M$27.9M75x
ShortAevo 1000PEPE-PERP0.0000050420.0800get 0.0100% / 1h49m 33s$143K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
$56.45
Price spread: +0.079% → +0.030%
$4.9
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
$33.36
Costs to cover
0.280%
Break-even
2.9 days
Slippage unknown: BloFin: live order book, 4 min ago; Aevo: live order book, 64 min ago. 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 BloFin live order book, 4 min ago4.01 bp10.0 bp −$1012.5 bp −$12525.7 bp −$2,572doesn't fit
Sell Aevo live order book, 64 min ago1010.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%1h0.000005009−0.574%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005011−0.532%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005016−0.437%$58K$176K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005009−0.576%$98.5M$399.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005013−0.496%$160.6M$92.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005017−0.427%$25.1M$70.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005035−0.067%$596K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004979−1.163%$27K$536K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005021−0.329%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005024−0.288%$561K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005014−0.481%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0306%1h0.000005017−0.417%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0343%8h0.000005015−0.464%$45.4M$208.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0349%1h0.000005015−0.457%$72K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0409%8h0.000005014−0.476%$46.5M$677.9M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005018−0.407%$33K$27K20xas long as short
BloFin PEPE-USDTlong+0.0531%8h0.000005038long leg$4.8M$27.9M75x
Paradex kPEPE-USD-PERP+0.0544%8h0.000005019−0.381%$6K20xas long as short
Lighter 1000PEPE+0.0640%1h0.000005020−0.357%$600K$9.0M10xas long as short
Backpack kPEPE_USDC_PERP+0.0664%1h0.000005012−0.510%$73K$826K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005028−0.198%$620K$36.7M50xas long as short
Phemex u1000PEPEUSDT+0.0696%8h0.000005015−0.461%$2.4M$7.8M50xas long as short
01 Exchange kPEPEUSD+0.0696%1h0.000005017−0.417%$605$3K10xas long as short
BingX 1000PEPE-USDT+0.0766%8h0.000005015−0.464%$238.3Mas long as short
Aevo 1000PEPE-PERPshort+0.0800%1h0.000005042+0.079%$143K3x
Extended 1000PEPE-USD+0.0808%1h0.000005016−0.446%$533K$262K25xas long as short
Binance 1000PEPEUSDT+0.0809%8h0.000005014−0.468%$142.0M$1.39B75xas long as short
MEXC PEPE_USDT+0.0809%8h0.000005019−0.369%$96.8M$298.6M300xas long as short
Nado kPEPE-PERP+0.0814%1h0.000005017−0.414%$169K$940K10xas long as short
Kraken Futures PF_PEPEUSD+0.0852%1h0.000005012−0.514%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0881%8h0.000005017−0.427%$1.7M$11.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0914%1h0.000005024−0.278%$154K$812K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1051% / S −0.1949%1h0.000005000−0.754%$64K100xas long as short
Hyperliquid kPEPE+0.1059%1h0.000005019−0.377%$53.3M$150.6M10xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004976−1.231%$3K$111K12xas long as short