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+0.0021%/8h= +2.3% APRpaid last 24h +0.053%
Price spread now: SoDEX against edgeX+0.248%45s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.248% dearer against edgeX than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000PEPEUSDC0.0000051450.0100pay 0.0050% / 4h1h 43m$28K$543K20x
ShortSoDEX 1000PEPE-USD0.0000051580.0121get 0.0015% / 1h43m 34s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against edgeX. 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
$4.39
Price spread: +0.248% → 0.000%
$24.78
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$12.18
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: edgeX: live order book, 65 min ago; SoDEX: 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 edgeX live order book, 65 min ago0.99 bp5.6 bp −$68.1 bp −$81doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.000005128−0.335%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005159+0.260%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005160+0.296%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005166+0.403%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005174+0.565%$101.9M$415.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005171+0.501%$165.0M$96.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005160+0.291%$26.0M$72.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005133−0.246%$612K$5.3Mas long as short
edgeX 1000PEPEUSDClong+0.0100%4h0.000005145long leg$28K$543K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005164+0.363%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005163+0.343%$595K$4.2M75xas long as short
SoDEX 1000PEPE-USDshort+0.0121%1h0.000005158+0.248%$2K$11K10x
Reya kPEPERUSDPERP+0.0189%1h0.000005166+0.409%$8K15xas long as short
Bitget PEPEUSDT+0.0297%8h0.000005177+0.617%$46.3M$214.5M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0382%8h0.000005160+0.279%$34K$26K20xas long as short
Backpack kPEPE_USDC_PERP+0.0416%1h0.000005153+0.158%$74K$855K15xas long as short
OKX PEPE-USDT-SWAP+0.0417%8h0.000005181+0.695%$48.5M$730.3M50xas long as short
Kraken Futures PF_PEPEUSD+0.0453%1h0.000005153+0.150%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0502%8h0.000005159+0.269%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0526%1h0.000005159+0.267%$74K$127K25xas long as short
Lighter 1000PEPE+0.0528%1h0.000005156+0.209%$620K$9.0M10xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005170+0.481%$4.6M$29.7M75xas long as short
Phemex u1000PEPEUSDT+0.0566%8h0.000005156+0.211%$2.4M$8.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0577%1h0.000005157+0.228%$156K$821K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005160+0.287%$679K$38.8M50xas long as short
01 Exchange kPEPEUSD+0.0656%1h0.000005183+0.734%$625$3K10xas long as short
Nado kPEPE-PERP+0.0730%1h0.000005162+0.324%$164K$957K10xas long as short
BingX 1000PEPE-USDT+0.0740%8h0.000005179+0.664%$217.5Mas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005158+0.248%$146K3xas long as short
MEXC PEPE_USDT+0.0773%8h0.000005175+0.582%$99.7M$303.1M300xas long as short
Binance 1000PEPEUSDT+0.0773%8h0.000005168+0.435%$143.1M$1.45B75xas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005179+0.663%$547K$286K25xas long as short
Aster 1000PEPEUSDT+0.0785%8h0.000005173+0.541%$1.8M$11.7M50xas long as short
Hyperliquid kPEPE+0.0980%1h0.000005161+0.306%$55.3M$154.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−2.823%$64K100xas long as short