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 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.040%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.040% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kPEPE0.0000049660.0100pay 0.0013% / 1h27m 51s$58K$119K10x
ShortdYdX PEPE-USD0.0000049640get 0.0000% / 1h27m 51s$18K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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
−$21
Price spread: −0.040% → 0.000%
−$4.01
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$43.01
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 45 min ago; dYdX: 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 Pacifica live order book, 45 min ago7.41 bp11.4 bp −$1118.3 bp −$183doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Kraken Futures PF_PEPEUSD−0.0118%1h0.000004938−0.560%$3.9M$14.0M50xas long as short
dYdX PEPE-USDshort0.0000%1h0.000004964−0.040%$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004926−0.803%$15K150xas long as short
Pacifica kPEPElong+0.0100%1h0.000004966long leg$58K$119K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000004940−0.522%$91.6M$303.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004941−0.503%$157.2M$66.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004942−0.477%$25.1M$56.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004943−0.455%$43.0M$152.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004960−0.126%$585K$4.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004971+0.106%$52K$379K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004937−0.580%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004937−0.584%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004968+0.038%$557K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004932−0.683%$2.4M$6.6M50xas long as short
OKX PEPE-USDT-SWAP+0.0181%8h0.000004946−0.403%$43.4M$526.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004920−0.931%$7K15xas long as short
Paradex kPEPE-USD-PERP+0.0206%8h0.000004964−0.049%$6K$1620xas long as short
Orderly PERP_1000PEPE_USDC+0.0287%8h0.000004936−0.596%$30K$14K20xas long as short
BloFin PEPE-USDT+0.0302%8h0.000004974+0.161%$4.0M$23.6M75xas long as short
Lighter 1000PEPE+0.0368%1h0.000004945−0.423%$579K$6.7M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000004945−0.423%$661K$26.9M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0440%1h0.000004944−0.443%$102K$754K25xas long as short
Nado kPEPE-PERP+0.0472%1h0.000004919−0.953%$190K$857K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0477% / S −0.0379%1h0.000004000−19.452%$61K100xas long as short
01 Exchange kPEPEUSD+0.0480%1h0.000004926−0.805%$1K$2K10xas long as short
BingX 1000PEPE-USDC+0.0483%8h0.000004943−0.471%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0488%1h0.000004940−0.524%$140K3xas long as short
Binance 1000PEPEUSDT+0.0494%8h0.000004943−0.466%$137.8M$1.10B75xas long as short
Extended 1000PEPE-USD+0.0496%1h0.000004942−0.487%$543K$148K25xas long as short
MEXC PEPE_USDT+0.0497%8h0.000004943−0.471%$97.2M$285.1M300xas long as short
Aster 1000PEPEUSDT+0.0527%8h0.000004947−0.391%$1.5M$7.5M50xas long as short
Backpack kPEPE_USDC_PERP+0.0554%1h0.000004940−0.524%$94K$601K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0561%1h0.000004938−0.564%$67K$110K25xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000004983+0.342%$4K$102K12xas long as short
Hyperliquid kPEPE+0.0699%1h0.000004956−0.201%$59.1M$119.6M10xas long as short