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 08:00 UTC−0.0089%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h −0.027%
Price spread now: Pacifica against Reya+0.027%48s7-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 airdropReya: Active · Pacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.027% dearer against Reya than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kPEPERUSDPERP0.0000051640.0189pay 0.0024% / 1h37m 36s$8K15x
ShortPacifica kPEPE0.0000051650.0100get 0.0013% / 1h37m 36s$60K$183K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Reya. 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
−$18.7
Price spread: +0.027% → 0.000%
$2.68
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$30.02
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 65 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 Reya no order-book sample
Sell Pacifica live order book, 65 min ago6.80 bp12.6 bp −$1319.3 bp −$193doesn't fitdoesn't fit
Reya: 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%1h0.000005157−0.129%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005156−0.153%$4K150xas long as short
Pacifica kPEPEshort+0.0100%1h0.000005165+0.027%$60K$183K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005162−0.027%$99.3M$427.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005160−0.070%$163.4M$98.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005207+0.850%$652K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005222+1.130%$29K$545K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005171+0.137%$1K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005170+0.120%$601K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0128%8h0.000005159−0.087%$26.8M$73.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERPlong+0.0189%1h0.000005164long leg$8K15x
Bitget PEPEUSDT+0.0269%8h0.000005176+0.236%$46.4M$219.3M75xas long as short
SoDEX 1000PEPE-USD+0.0303%1h0.000005159−0.089%$2K$11K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0378%1h0.000005219+1.073%$151K$833K25xas long as short
OKX PEPE-USDT-SWAP+0.0379%8h0.000005171+0.143%$47.5M$746.9M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005156−0.148%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0412%8h0.000005162−0.024%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0481%8h0.000005169+0.104%$6K20xas long as short
BloFin PEPE-USDT+0.0501%8h0.000005162−0.031%$4.4M$30.3M75xas long as short
Backpack kPEPE_USDC_PERP+0.0516%1h0.000005158−0.117%$78K$877K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0526%1h0.000005161−0.051%$74K$127K25xas long as short
Phemex u1000PEPEUSDT+0.0535%8h0.000005160−0.074%$2.4M$8.1M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005164+0.007%$644K$39.7M50xas long as short
Lighter 1000PEPE+0.0584%1h0.000005167+0.066%$620K$9.0M10xas long as short
Nado kPEPE-PERP+0.0707%1h0.000005160−0.062%$165K$956K10xas long as short
Kraken Futures PF_PEPEUSD+0.0711%1h0.000005158−0.114%$4.7M$16.8M50xas long as short
BingX 1000PEPE-USDT+0.0712%8h0.000005174+0.195%$218.5Mas long as short
01 Exchange kPEPEUSD+0.0720%1h0.000005166+0.046%$623$2K10xas long as short
Aster 1000PEPEUSDT+0.0729%8h0.000005164+0.014%$1.8M$11.8M50xas long as short
Binance 1000PEPEUSDT+0.0743%8h0.000005165+0.027%$142.4M$1.49B75xas long as short
Extended 1000PEPE-USD+0.0744%1h0.000005174+0.211%$542K$284K25xas long as short
Aevo 1000PEPE-PERP+0.0744%1h0.000005164+0.007%$146K3xas long as short
MEXC PEPE_USDT+0.0745%8h0.000005169+0.100%$100.8M$305.8M300xas long as short
Hyperliquid kPEPE+0.0939%1h0.000005166+0.046%$53.8M$157.7M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−3.169%$63K100xas long as short