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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Reya against gTrade (Gains Network)+0.201%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Reya is 0.201% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) PEPE/USD0.000005031L +0.0005% / S −0.0005%pay 0.0001% / 1h36m 08s$3K150x
ShortReya kPEPERUSDPERP0.0000050410.0189get 0.0024% / 1h36m 08s$8K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against gTrade (Gains Network). 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
$38.54
Price spread: +0.201% → 0.000%
$20.05
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$42.59
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Reya: 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 gTrade (Gains Network) no order-book sample
Sell Reya no order-book sample
gTrade (Gains Network) and Reya: 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
dYdX PEPE-USD0.0000%1h0.000005013−0.358%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0005% / S −0.0005%1h0.000005031long leg$3K150x
Pacifica kPEPE+0.0100%1h0.000005019−0.233%$61K$125K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005034+0.056%$97.6M$321.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005031+0.006%$160.4M$70.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005030−0.012%$24.9M$59.7M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005036+0.109%$44.6M$158.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005032+0.020%$562K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005012−0.372%$27K$407K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005037+0.121%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005039+0.167%$569K$3.6M75xas long as short
Phemex u1000PEPEUSDT+0.0136%8h0.000005035+0.091%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERPshort+0.0189%1h0.000005041+0.201%$8K15x
OKX PEPE-USDT-SWAP+0.0218%8h0.000005041+0.205%$44.7M$562.8M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0227%1h0.000005016−0.292%$105K$751K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0274%8h0.000005036+0.103%$33K$23K20xas long as short
BloFin PEPE-USDT+0.0318%8h0.000005008−0.451%$4.2M$24.6M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005052+0.423%$670K$29.0M50xas long as short
BingX 1000PEPE-USDT+0.0470%8h0.000005034+0.060%$258.4Mas long as short
Paradex kPEPE-USD-PERP+0.0477%8h0.000005019−0.232%$6K$1620xas long as short
Aevo 1000PEPE-PERP+0.0488%1h0.000005038+0.145%$142K3xas long as short
Extended 1000PEPE-USD+0.0496%1h0.000005034+0.062%$554K$199K25xas long as short
MEXC PEPE_USDT+0.0499%8h0.000005030−0.018%$94.3M$289.1M300xas long as short
Binance 1000PEPEUSDT+0.0499%8h0.000005040+0.176%$141.0M$1.16B75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0507% / S −0.0383%1h0.000005000−0.610%$65K100xas long as short
Aster 1000PEPEUSDT+0.0582%8h0.000005039+0.167%$1.7M$8.1M50xas long as short
SoDEX 1000PEPE-USD+0.0619%1h0.000005034+0.066%$2K$12K10xas long as short
Nado kPEPE-PERP+0.0631%1h0.000005033+0.037%$177K$880K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0744%1h0.000005034+0.066%$61K$114K25xas long as short
Kraken Futures PF_PEPEUSD+0.0828%1h0.000005033+0.040%$4.0M$14.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0907%1h0.000005036+0.103%$102K$626K15xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005031+0.006%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0952%1h0.000005031+0.006%$1K$2K10xas long as short
Lighter 1000PEPE+0.1256%1h0.000005040+0.185%$711K$6.9M10xas long as short
Hyperliquid kPEPE+0.2350%1h0.000005043+0.244%$55.7M$135.3M10xas long as short