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 07:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: gTrade (Gains Network) against dYdX−0.183%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.183% cheaper against dYdX than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000051700get 0.0000% / 1h43m 48s$19K$9510x
ShortgTrade (Gains Network) PEPE/USD0.000005160L +0.0006% / S −0.0008%get 0.0001% / 1h43m 48s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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
$1.77
Price spread: −0.183% → 0.000%
−$18.31
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.54
Costs to cover
0.200%
Break-even
151.5 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell gTrade (Gains Network) no order-book sample
dYdX and 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
Injective PEPE/USDC PERP−0.0016%1h0.000005128−0.812%$10K$119K12xas long as short
dYdX PEPE-USDlong0.0000%1h0.000005170long leg$19K$9510x
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005160−0.183%$4K150x
Pacifica kPEPE+0.0100%1h0.000005172+0.039%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005153−0.328%$101.5M$415.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005154−0.309%$164.5M$96.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005155−0.288%$26.0M$72.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005133−0.723%$612K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005156−0.267%$28K$542K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005164−0.117%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005163−0.137%$595K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0121%1h0.000005158−0.231%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005166−0.072%$8K15xas long as short
Bitget PEPEUSDT+0.0299%8h0.000005154−0.307%$46.1M$214.5M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0382%8h0.000005160−0.201%$34K$26K20xas long as short
Backpack kPEPE_USDC_PERP+0.0416%1h0.000005153−0.320%$74K$855K15xas long as short
OKX PEPE-USDT-SWAP+0.0417%8h0.000005155−0.289%$48.3M$726.7M50xas long as short
Kraken Futures PF_PEPEUSD+0.0453%1h0.000005153−0.329%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0505%8h0.000005171+0.028%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0526%1h0.000005159−0.212%$74K$127K25xas long as short
Lighter 1000PEPE+0.0528%1h0.000005156−0.270%$620K$9.0M10xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005170+0.001%$4.6M$29.7M75xas long as short
Phemex u1000PEPEUSDT+0.0566%8h0.000005156−0.268%$2.4M$8.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0577%1h0.000005157−0.251%$156K$821K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005160−0.193%$679K$38.8M50xas long as short
01 Exchange kPEPEUSD+0.0656%1h0.000005173+0.059%$624$3K10xas long as short
Nado kPEPE-PERP+0.0730%1h0.000005162−0.156%$164K$957K10xas long as short
BingX 1000PEPE-USDC+0.0743%8h0.000005156−0.264%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005158−0.231%$146K3xas long as short
MEXC PEPE_USDT+0.0770%8h0.000005155−0.288%$99.2M$303.0M300xas long as short
Binance 1000PEPEUSDT+0.0773%8h0.000005158−0.229%$142.9M$1.45B75xas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005154−0.299%$547K$286K25xas long as short
Aster 1000PEPEUSDT+0.0785%8h0.000005159−0.212%$1.8M$11.7M50xas long as short
Hyperliquid kPEPE+0.0980%1h0.000005161−0.173%$55.3M$154.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−3.288%$64K100xas long as short