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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against HTX+0.166%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.166%, 7d avg +0.159%
Together, before fees+0.024%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000050140.0100pay 0.0100% / 8h2h 48m$560K$4.1M75x
ShortSunX 1000PEPE-USDT0.0000050220.0100get 0.0100% / 8h2h 48m$1K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.166% → +0.159%
$0.69
Slippage, 4 orders
−$156.67
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$175.98
Costs to cover
1.767%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago12.35 bp21.7 bp −$2258.2 bp −$582203.2 bp −$20.3Kdoesn't fit
Sell SunX live order book, 9 min ago29.17 bp78.4 bp −$78doesn't fitdoesn'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%1h0.000005031+0.330%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005009−0.108%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005034+0.397%$59K$176K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005032+0.359%$98.9M$400.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005030+0.317%$161.3M$92.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005035+0.415%$25.1M$70.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005035+0.409%$596K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004979−0.691%$27K$536K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005022+0.166%$1K$2.6M20x
HTX PEPE-USDTlong+0.0100%8h0.000005014long leg$560K$4.1M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005014−0.007%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0277%1h0.000005020+0.118%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0343%8h0.000005036+0.435%$45.7M$208.7M75xas long as short
OKX PEPE-USDT-SWAP+0.0411%8h0.000005036+0.437%$46.6M$681.1M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005018+0.070%$33K$27K20xas long as short
BloFin PEPE-USDT+0.0532%8h0.000005020+0.118%$4.7M$27.8M75xas long as short
Paradex kPEPE-USD-PERP+0.0545%8h0.000005030+0.316%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0548%1h0.000005018+0.078%$72K$127K25xas long as short
Backpack kPEPE_USDC_PERP+0.0652%1h0.000005023+0.181%$73K$826K15xas long as short
Lighter 1000PEPE+0.0680%1h0.000005041+0.536%$603K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005016+0.038%$618K$36.6M50xas long as short
01 Exchange kPEPEUSD+0.0688%1h0.000005042+0.556%$608$3K10xas long as short
Phemex u1000PEPEUSDT+0.0688%8h0.000005017+0.062%$2.4M$7.8M50xas long as short
BingX 1000PEPE-USDT+0.0766%8h0.000005036+0.429%$238.3Mas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005035+0.417%$533K$262K25xas long as short
Aevo 1000PEPE-PERP+0.0808%1h0.000005037+0.457%$142K3xas long as short
Binance 1000PEPEUSDT+0.0809%8h0.000005035+0.414%$142.6M$1.39B75xas long as short
MEXC PEPE_USDT+0.0809%8h0.000005040+0.519%$97.6M$298.7M300xas long as short
Nado kPEPE-PERP+0.0814%1h0.000005017+0.060%$169K$940K10xas long as short
Kraken Futures PF_PEPEUSD+0.0851%1h0.000005017+0.053%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0878%8h0.000005034+0.400%$1.8M$11.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0914%1h0.000005024+0.197%$154K$812K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1054% / S −0.1955%1h0.000005000−0.281%$64K100xas long as short
Hyperliquid kPEPE+0.1080%1h0.000005033+0.377%$53.4M$150.6M10xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005013−0.022%$3K$111K12xas long as short