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+0.0899%/8h= +98.4% APRnext payment +$1.12 per $10,000 · paid last 24h +0.110%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.278%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and 01 Exchange is 0.278% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$28 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/USD0.000004971L +0.0005% / S −0.0005%pay 0.0001% / 1h57m 51s$3K150x
Short01 Exchange kPEPEUSD0.0000049850.0904get 0.0113% / 1h57m 51s$1K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$188.74
Price spread: +0.278% → 0.000%
$27.76
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$199.5
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell 01 Exchange no order-book sample
gTrade (Gains Network) and 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
dYdX PEPE-USD0.0000%1h0.000004952−0.393%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0005% / S −0.0005%1h0.000004971long leg$3K150x
Pacifica kPEPE+0.0100%1h0.000004965−0.125%$58K$122K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004987+0.310%$95.5M$313.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004989+0.358%$160.2M$68.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004990+0.368%$25.0M$58.4M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004995+0.479%$44.4M$157.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004975+0.069%$544K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005028+1.135%$46K$387K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004981+0.203%$1K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000004976+0.105%$557K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004983+0.243%$2.4M$6.8M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0154%1h0.000005019+0.962%$110K$751K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004981+0.203%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0194%8h0.000004990+0.378%$43.9M$547.1M50xas long as short
SoDEX 1000PEPE-USD+0.0253%1h0.000004979+0.157%$2K$12K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0270%8h0.000004978+0.135%$32K$22K20xas long as short
BloFin PEPE-USDT+0.0310%8h0.000004989+0.358%$4.2M$24.3M75xas long as short
Paradex kPEPE-USD-PERP+0.0327%8h0.000004967−0.074%$6K$1620xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000004992+0.418%$644K$28.1M50xas long as short
BingX 1000PEPE-USDC+0.0452%8h0.000004989+0.354%$2.3Mas long as short
Extended 1000PEPE-USD+0.0464%1h0.000004994+0.457%$546K$199K25xas long as short
Aevo 1000PEPE-PERP+0.0464%1h0.000004979+0.157%$141K3xas long as short
MEXC PEPE_USDT+0.0465%8h0.000004990+0.384%$95.1M$286.4M300xas long as short
Binance 1000PEPEUSDT+0.0467%8h0.000004996+0.499%$137.5M$1.14B75xas long as short
Lighter 1000PEPE+0.0488%1h0.000004991+0.398%$644K$6.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0501% / S −0.0407%1h0.000004000−19.537%$62K100xas long as short
Aster 1000PEPEUSDT+0.0529%8h0.000004992+0.418%$1.7M$7.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0555%1h0.000004976+0.097%$60K$114K25xas long as short
Backpack kPEPE_USDC_PERP+0.0779%1h0.000004986+0.298%$99K$610K15xas long as short
Kraken Futures PF_PEPEUSD+0.0837%1h0.000004978+0.141%$3.9M$14.3M50xas long as short
Nado kPEPE-PERP+0.0890%1h0.000004982+0.220%$180K$871K10xas long as short
01 Exchange kPEPEUSDshort+0.0904%1h0.000004985+0.278%$1K$2K10x
Injective PEPE/USDC PERP+0.0909%1h0.000004996+0.499%$4K$102K12xas long as short
Hyperliquid kPEPE+0.2875%1h0.000005002+0.620%$55.4M$133.8M10xas long as short