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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.2% APRpaid last 24h +0.049%
Price spread now: SoDEX against Orderly−0.010%7-day average · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000PEPE_USDC0.0000051530.0382pay 0.0382% / 8h1h 41m$34K$26K20x
ShortSoDEX 1000PEPE-USD0.0000051530.0143get 0.0018% / 1h41m 48s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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
−$50.34
Price spread: −0.010% → 0.000%
−$0.97
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$65.31
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly and 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 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
Injective PEPE/USDC PERP−0.0016%1h0.000005154+0.010%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005149−0.095%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005147−0.126%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005153−0.010%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005156+0.039%$101.5M$415.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005147−0.126%$164.3M$96.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005157+0.074%$26.0M$72.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005133−0.406%$612K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005145−0.160%$28K$543K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005165+0.227%$1K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005163+0.179%$595K$4.2M75xas long as short
SoDEX 1000PEPE-USDshort+0.0143%1h0.000005153−0.010%$2K$11K10x
Reya kPEPERUSDPERP+0.0189%1h0.000005148−0.100%$8K15xas long as short
Bitget PEPEUSDT+0.0296%8h0.000005155+0.035%$46.2M$214.6M75xas long as short
Orderly PERP_1000PEPE_USDClong+0.0382%8h0.000005153long leg$34K$26K20x
Backpack kPEPE_USDC_PERP+0.0391%1h0.000005153−0.012%$74K$856K15xas long as short
OKX PEPE-USDT-SWAP+0.0420%8h0.000005157+0.068%$48.2M$728.0M50xas long as short
Kraken Futures PF_PEPEUSD+0.0453%1h0.000005153−0.019%$4.7M$16.8M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0456%1h0.000005149−0.087%$156K$821K25xas long as short
Paradex kPEPE-USD-PERP+0.0503%8h0.000005149−0.082%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0526%1h0.000005157+0.068%$74K$127K25xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005159+0.107%$4.6M$29.6M75xas long as short
Lighter 1000PEPE+0.0560%1h0.000005156+0.049%$617K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0566%8h0.000005154+0.017%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005158+0.087%$662K$38.8M50xas long as short
01 Exchange kPEPEUSD+0.0656%1h0.000005151−0.049%$621$3K10xas long as short
BingX 1000PEPE-USDT+0.0735%8h0.000005157+0.072%$217.5Mas long as short
Nado kPEPE-PERP+0.0739%1h0.000005145−0.156%$164K$957K10xas long as short
Binance 1000PEPEUSDT+0.0773%8h0.000005159+0.098%$142.9M$1.45B75xas long as short
MEXC PEPE_USDT+0.0773%8h0.000005159+0.101%$99.4M$303.2M300xas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005154+0.006%$547K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0776%1h0.000005154+0.010%$146K3xas long as short
Aster 1000PEPEUSDT+0.0784%8h0.000005158+0.087%$1.8M$11.7M50xas long as short
Hyperliquid kPEPE+0.0987%1h0.000005162+0.165%$55.3M$154.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−2.979%$63K100xas long as short