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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.059%
Price spread now: SoDEX against KuCoin+0.004%53s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEPEUSDTM0.0000049460.0100pay 0.0100% / 8h5h 43m$24.9M$75.8M75x
ShortSoDEX 1000PEPE-USD0.0000049460.0100get 0.0013% / 1h43m 23s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. 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: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$19.6
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.11 bp12.9 bp −$1328.7 bp −$287doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0371%1h0.000004944−0.030%$4.6M$15.8M50xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004937−0.180%$3K150xas long as short
01 Exchange kPEPEUSD+0.0056%1h0.000004948+0.044%$597$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004949+0.065%$596K$9.0M10xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004949+0.062%$146K$942K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004949+0.065%$50.1M$155.3M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004948+0.044%$57K$194K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004950+0.087%$94.1M$441.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004946+0.004%$152.0M$102.2M75xas long as short
KuCoin PEPEUSDTMlong+0.0100%8h0.000004946long leg$24.9M$75.8M75x
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0100%8h0.000004945−0.022%$43.5M$231.3M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004947+0.018%$75K$990K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004946+0.009%$642K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004942−0.082%$27K$572K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004942−0.077%$109K$868K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004948+0.044%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USDshort+0.0100%1h0.000004946+0.004%$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000004946+0.008%$580K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004943−0.063%$2.3M$8.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0109%8h0.000004945−0.008%$6K20xas long as short
OKX PEPE-USDT-SWAP+0.0110%8h0.000004954+0.166%$44.4M$720.6M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0154%1h0.000004947+0.024%$57K$115K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004937−0.172%$7K15xas long as short
Extended 1000PEPE-USD+0.0240%1h0.000004951+0.108%$517K$285K25xas long as short
Aevo 1000PEPE-PERP+0.0240%1h0.000004947+0.024%$140K3xas long as short
Binance 1000PEPEUSDT+0.0240%8h0.000004951+0.115%$128.2M$1.52B75xas long as short
BloFin PEPE-USDT+0.0240%8h0.000004938−0.158%$4.3M$28.6M75xas long as short
MEXC PEPE_USDT+0.0247%8h0.000004943−0.049%$102.0M$295.7M300xas long as short
Aster 1000PEPEUSDT+0.0253%8h0.000004950+0.090%$1.7M$12.5M50xas long as short
BingX 1000PEPE-USDC+0.0268%8h0.000004944−0.040%$2.3Mas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004939−0.137%$4K$122K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0329%8h0.000004951+0.105%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004938−0.158%$731K$38.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−19.123%$50K100xas long as short
dYdX PEPE-USD+0.1597%1h0.000004946+0.009%$25K$18K10xas long as short