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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0323%/8h= +35.4% APRpaid last 24h +0.018%
Price spread now: ApeX Omni against Paradex+0.612%7-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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 0.612% dearer against Paradex than usual: you sell high and buy low: +$61 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000051480.0536pay 0.0536% / 8h3h 06m$6K20x
ShortApeX Omni 1000PEPEUSDT0.0000051800.0859get 0.0107% / 1h6m 55s$159K$810K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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
$67.88
Price spread: +0.612% → 0.000%
$61.18
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$115.06
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 47 min ago. 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 Paradex no order-book sample
Sell ApeX Omni live order book, 47 min ago4.06 bp11.6 bp −$1294.4 bp −$944doesn't fitdoesn't fit
Paradex: 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
dYdX PEPE-USD0.0000%1h0.000005137−0.222%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005146−0.052%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+3.467%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005147−0.029%$64K$164K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005153+0.080%$104.4M$387.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005154+0.107%$169.8M$89.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005165+0.317%$25.9M$68.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005209+1.166%$661K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005185+0.718%$28K$535K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005161+0.239%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005156+0.142%$579K$4.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005154+0.098%$8K15xas long as short
Bitget PEPEUSDT+0.0336%8h0.000005164+0.293%$49.6M$192.4M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0405%8h0.000005156+0.146%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0418%8h0.000005158+0.185%$49.6M$674.9M50xas long as short
SoDEX 1000PEPE-USD+0.0504%1h0.000005157+0.165%$2K$10K10xas long as short
Paradex kPEPE-USD-PERPlong+0.0536%8h0.000005148long leg$6K20x
BloFin PEPE-USDT+0.0545%8h0.000005155+0.126%$4.7M$28.1M75xas long as short
Phemex u1000PEPEUSDT+0.0705%8h0.000005161+0.251%$2.4M$7.7M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005169+0.398%$680K$36.2M50xas long as short
BingX 1000PEPE-USDC+0.0778%8h0.000005158+0.192%$2.3Mas long as short
Extended 1000PEPE-USD+0.0824%1h0.000005165+0.323%$544K$242K25xas long as short
Aevo 1000PEPE-PERP+0.0824%1h0.000005176+0.534%$146K3xas long as short
MEXC PEPE_USDT+0.0825%8h0.000005167+0.354%$97.0M$297.8M300xas long as short
Binance 1000PEPEUSDT+0.0825%8h0.000005160+0.223%$148.5M$1.35B75xas long as short
ApeX Omni 1000PEPEUSDTshort+0.0859%1h0.000005180+0.612%$159K$810K25x
Nado kPEPE-PERP+0.0882%1h0.000005154+0.113%$177K$924K10xas long as short
Aster 1000PEPEUSDT+0.0909%8h0.000005156+0.146%$1.8M$10.5M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0916%1h0.000005153+0.087%$73K$127K25xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005162+0.262%$623$3K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1008% / S −0.2043%1h0.000005000−2.884%$63K100xas long as short
Lighter 1000PEPE+0.1104%1h0.000005167+0.359%$636K$8.9M10xas long as short
Backpack kPEPE_USDC_PERP+0.1132%1h0.000005165+0.319%$67K$724K15xas long as short
Hyperliquid kPEPE+0.1465%1h0.000005164+0.301%$56.0M$146.5M10xas long as short
Kraken Futures PF_PEPEUSD+0.1582%1h0.000005161+0.246%$4.7M$16.5M50xas long as short