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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: edgeX against HTX+0.344%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$450.451% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.458%−$46 · spread now +0.344%, 7d avg −0.040%
Together, before fees−0.449%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.384% dearer against HTX than usual: you sell high and buy low, +$38 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000052210.0100pay 0.0100% / 8h3h 21m$585K$3.9M75x
ShortedgeX 1000PEPEUSDC0.0000052390.0100get 0.0050% / 4h3h 21m$29K$534K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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
$0
Price spread: +0.344% → −0.040%
$38.37
Slippage, 4 orders
−$24.15
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$6.78
Costs to cover
0.451%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; edgeX: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 3 min ago6.49 bp12.9 bp −$1332.1 bp −$321116.3 bp −$11.6Kdoesn't fit
Sell edgeX live order book, 32 min ago1.22 bp5.8 bp −$68.6 bp −$86doesn't fitdoesn't fit

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%1h0.000005219−0.045%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005215−0.119%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+2.032%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005224+0.059%$66K$162K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005215−0.115%$106.6M$381.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005216−0.094%$172.0M$88.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005218−0.050%$26.0M$68.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005215−0.122%$677K$5.2Mas long as short
edgeX 1000PEPEUSDCshort+0.0100%4h0.000005239+0.344%$29K$534K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005223+0.038%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDTlong+0.0100%8h0.000005221long leg$585K$3.9M75x
Reya kPEPERUSDPERP+0.0189%1h0.000005224+0.059%$8K15xas long as short
Bitget PEPEUSDT+0.0307%8h0.000005224+0.067%$50.8M$190.8M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0401%8h0.000005220−0.015%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0434%8h0.000005219−0.036%$50.5M$675.2M50xas long as short
Paradex kPEPE-USD-PERP+0.0463%8h0.000005221−0.004%$6K20xas long as short
SoDEX 1000PEPE-USD+0.0472%1h0.000005218−0.056%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0565%8h0.000005222+0.021%$4.9M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0670%8h0.000005222+0.015%$2.5M$7.6M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0709%1h0.000005218−0.056%$74K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005225+0.079%$705K$36.3M50xas long as short
BingX 1000PEPE-USDC+0.0761%8h0.000005220−0.011%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005225+0.079%$148K3xas long as short
MEXC PEPE_USDT+0.0804%8h0.000005221+0.008%$98.8M$296.2M300xas long as short
Binance 1000PEPEUSDT+0.0806%8h0.000005222+0.026%$152.1M$1.34B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005218−0.055%$553K$231K25xas long as short
Nado kPEPE-PERP+0.0879%1h0.000005227+0.120%$189K$917K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0903%1h0.000005243+0.423%$161K$808K25xas long as short
Aster 1000PEPEUSDT+0.0911%8h0.000005222+0.024%$1.8M$10.3M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0967% / S −0.1938%1h0.000005000−4.231%$64K100xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005228+0.136%$631$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1148%1h0.000005221+0.004%$68K$724K15xas long as short
Lighter 1000PEPE+0.1232%1h0.000005224+0.059%$630K$8.8M10xas long as short
Hyperliquid kPEPE+0.1564%1h0.000005224+0.059%$56.8M$145.8M10xas long as short
Kraken Futures PF_PEPEUSD+0.1565%1h0.000005217−0.078%$4.8M$16.4M50xas long as short