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+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.055%
Price spread now: 01 Exchange against Coinbase International+0.020%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International 1000PEPE-PERP-INTX0.0000050810.0624pay 0.0078% / 1h23m 13s$679K$38.4M50x
Short01 Exchange kPEPEUSD0.0000050820.0672get 0.0084% / 1h23m 13s$812$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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
$10.08
Price spread: +0.020% → 0.000%
$1.97
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$4.95
Costs to cover
0.170%
Break-even
10.4 days
Slippage unknown: Coinbase International: live order book, 1 min ago; 01 Exchange: 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 Coinbase International live order book, 1 min ago4.91 bp12.8 bp −$1319.2 bp −$19246.8 bp −$4,680doesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Injective PEPE/USDC PERP−0.0016%1h0.000005093+0.236%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005082+0.012%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005079−0.031%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005087+0.118%$59K$181K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005078−0.059%$99.0M$419.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.0000050810.000%$161.8M$97.3M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005084+0.065%$25.9M$72.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005105+0.465%$598K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005090+0.183%$28K$541K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005087+0.126%$2K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005092+0.213%$590K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0181%1h0.000005085+0.079%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005081+0.001%$8K15xas long as short
Bitget PEPEUSDT+0.0287%8h0.000005079−0.043%$45.3M$215.7M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0315%1h0.000005091+0.197%$154K$822K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0393%8h0.000005084+0.061%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0401%8h0.000005079−0.039%$47.1M$721.7M50xas long as short
Backpack kPEPE_USDC_PERP+0.0419%1h0.000005081+0.002%$73K$860K15xas long as short
Kraken Futures PF_PEPEUSD+0.0459%1h0.000005083+0.045%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0503%8h0.000005088+0.131%$6K20xas long as short
BloFin PEPE-USDT+0.0526%8h0.0000050810.000%$4.5M$29.2M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0537%1h0.000005084+0.059%$73K$127K25xas long as short
Phemex u1000PEPEUSDT+0.0582%8h0.000005079−0.031%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTXlong+0.0624%1h0.000005081long leg$679K$38.4M50x
Lighter 1000PEPE+0.0672%1h0.000005085+0.079%$606K$9.1M10xas long as short
01 Exchange kPEPEUSDshort+0.0672%1h0.000005082+0.020%$812$3K10x
BingX 1000PEPE-USDT+0.0728%8h0.000005081−0.008%$217.8Mas long as short
Nado kPEPE-PERP+0.0760%1h0.000005084+0.056%$163K$959K10xas long as short
Aster 1000PEPEUSDT+0.0764%8h0.000005082+0.012%$1.7M$11.8M50xas long as short
Extended 1000PEPE-USD+0.0768%1h0.000005084+0.055%$538K$280K25xas long as short
MEXC PEPE_USDT+0.0768%8h0.000005077−0.073%$98.0M$305.3M300xas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005084+0.059%$144K3xas long as short
Binance 1000PEPEUSDT+0.0768%8h0.000005079−0.038%$139.9M$1.47B75xas long as short
Hyperliquid kPEPE+0.0933%1h0.000005084+0.059%$52.6M$156.4M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−1.594%$63K100xas long as short