data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Funding spread now, next payment 16:00 UTC+0.0833%/8h
paid, last 24h−0.003%paid, last 7 days+0.057%to open and close $10k−$53
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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
LongBybit 1000PEPEUSDT0.0000047290.0100pay 0.0100% / 8h34m 54s$81.6M$171.5M50x
ShortKraken Futures PF_PEPEUSD0.0000047220.0933get 0.0117% / 1h34m 54s$3.2M$8.7M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$174.89
Slippage, 4 orders
−$32.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$121.75
Break-even
2.1 days
Slippage from Bybit: live order book, 6 min ago; Kraken Futures: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.154%
Avg gap 7d
+0.027%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago1.04 bp7.9 bp −$816.9 bp −$16943.2 bp −$4,319doesn't fit
Sell Kraken Futures live order book, 6 min ago10.19 bp20.9 bp −$2130.5 bp −$30594.9 bp −$9,490doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$17K$9510xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h$67K$84K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0004%1h$19K150xas long as short
BingX 1000PEPE-USDC+0.0080%8h$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0096%1h$133K3xas long as short
Pacifica kPEPE+0.0100%1h$55K$50K10xas long as short
Binance 1000PEPEUSDT+0.0100%8h$120.5M$643.7M75xas long as short
Bybit 1000PEPEUSDTlong+0.0100%8h$81.6M$171.5M50x
OKX PEPE-USDT-SWAP+0.0100%8h$36.7M$328.8M50xas long as short
Gate PEPE_USDT+0.0100%8h$121.1M$39.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC PEPE_USDT+0.0100%8h$103.7M$232.4M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h$19.9M$29.8M75xas long as short
Bitget PEPEUSDT+0.0100%8h$38.7M$84.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h$890K$2.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$27K$330K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h$112K$734K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0100%8h$29K$5K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h$2K$1.9M20xas long as short
HTX PEPE-USDT+0.0100%8h$545K$2.6M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h$2.3M$5.5M50xas long as short
Extended 1000PEPE-USD+0.0104%1h$501K$223K25xas long as short
Reya kPEPERUSDPERP+0.0188%1h$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h$3.6M$15.2M75xas long as short
Paradex kPEPE-USD-PERP+0.0248%8h$5K$5220xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0271% / S −0.0201%1h$41K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0272%1h$648K$13.7M50xas long as short
Injective PEPE/USDC PERP+0.0474%1h$41K$70K12xas long as short
Nado kPEPE-PERP+0.0481%1h$219K$560K10xas long as short
Aster 1000PEPEUSDT+0.0488%8h$1.3M$3.7M50xas long as short
SoDEX 1000PEPE-USD+0.0892%1h$1K$8K10xas long as short
Kraken Futures PF_PEPEUSDshort+0.0933%1h$3.2M$8.7M50x
Lighter 1000PEPE+0.1168%1h$588K$4.1M10xas long as short
Hyperliquid kPEPE+0.1217%1h$56.0M$45.7M10xas long as short
01 Exchange kPEPEUSD+0.1248%1h$540$1K10xas long as short
Backpack kPEPE_USDC_PERP+0.1311%1h$121K$316K15xas long as short