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 +0.002%
Price spread now: Binance against MEXC−0.058%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.058%, 7d avg −0.006%
Together, before fees+0.061%+$6 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: Binance is 0.052% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEPE_USDT0.0000053060.0807pay 0.0807% / 8h3h 44m$103.2M$292.8M300x
ShortBinance 1000PEPEUSDT0.0000053030.0807get 0.0807% / 8h3h 44m$153.5M$1.31B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.03
Price spread: −0.058% → −0.006%
−$5.16
Slippage, 4 orders
−$9.32
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$24.45
Costs to cover
0.193%
Break-even
6799.7 days
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 14 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 MEXC live order book, 4 min ago0.47 bp1.6 bp −$216.2 bp −$16247.0 bp −$4,70173.9 bp −$37.0K
Sell Binance live order book, 14 min ago0.09 bp7.8 bp −$815.0 bp −$15044.8 bp −$4,477doesn'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%1h0.000005317+0.224%$20K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005313+0.141%$15K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005381+1.421%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005321+0.290%$69K$153K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005305−0.008%$104.6M$374.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005303−0.049%$175.8M$86.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005307+0.036%$26.9M$67.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005314+0.150%$761K$5.1Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005342+0.695%$43K$498K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005325+0.358%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005327+0.411%$610K$3.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005322+0.300%$8K15xas long as short
Bitget PEPEUSDT+0.0264%8h0.000005313+0.143%$51.8M$186.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0380%8h0.000005328+0.415%$36K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0422%8h0.000005312+0.121%$52.2M$674.9M50xas long as short
BloFin PEPE-USDT+0.0544%8h0.000005326+0.384%$4.5M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0619%8h0.000005329+0.435%$2.6M$7.5M50xas long as short
SoDEX 1000PEPE-USD+0.0634%1h0.000005327+0.403%$2K$10K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0690%1h0.000005327+0.403%$75K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005326+0.384%$712K$36.3M50xas long as short
BingX 1000PEPE-USDT+0.0764%8h0.000005305−0.008%$264.0Mas long as short
Paradex kPEPE-USD-PERP+0.0799%8h0.000005320+0.280%$6K20xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005320+0.271%$150K3xas long as short
MEXC PEPE_USDTlong+0.0807%8h0.000005306long leg$103.2M$292.8M300x
Binance 1000PEPEUSDTshort+0.0807%8h0.000005303−0.058%$153.5M$1.31B75x
Extended 1000PEPE-USD+0.0808%1h0.000005307+0.033%$563K$226K25xas long as short
Nado kPEPE-PERP+0.0856%1h0.000005325+0.375%$190K$914K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0897% / S −0.1756%1h0.000005000−5.760%$65K100xas long as short
Aster 1000PEPEUSDT+0.0935%8h0.000005318+0.242%$1.9M$9.9M50xas long as short
ApeX Omni 1000PEPEUSDT+0.1118%1h0.000005342+0.686%$177K$798K25xas long as short
01 Exchange kPEPEUSD+0.1240%1h0.000005333+0.516%$643$3K10xas long as short
Lighter 1000PEPE+0.1328%1h0.000005328+0.422%$692K$8.6M10xas long as short
Backpack kPEPE_USDC_PERP+0.1350%1h0.000005325+0.360%$72K$722K15xas long as short
Kraken Futures PF_PEPEUSD+0.1533%1h0.000005325+0.358%$4.9M$16.3M50xas long as short
Hyperliquid kPEPE+0.1760%1h0.000005318+0.234%$58.3M$144.5M10xas long as short