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 11:00 UTC−0.0089%/8h= −9.8% APRnext payment $0.11 per $10,000 · paid last 24h +0.037%
Price spread now: SoDEX against Reya+0.014%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 airdropReya: Active · farm boardneeds 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya kPEPERUSDPERP0.0000049370.0189pay 0.0024% / 1h45m 04s$7K15x
ShortSoDEX 1000PEPE-USD0.0000049380.0100get 0.0013% / 1h45m 04s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$18.73
Price spread: +0.014% → 0.000%
$1.42
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$31.3
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample
Sell SoDEX no order-book sample
Reya 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 exchanges

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−0.0372%1h0.000004937−0.007%$4.5M$15.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h0.000004937−0.006%$57K$115K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004937−0.008%$3K150xas long as short
01 Exchange kPEPEUSD+0.0048%1h0.000004941+0.075%$596$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004941+0.075%$595K$9.0M10xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004942+0.095%$146K$943K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004941+0.075%$50.1M$155.2M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004945+0.156%$57K$194K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004937−0.006%$93.8M$441.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004936−0.026%$151.8M$102.2M75xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0100%8h0.000004941+0.073%$24.9M$75.8M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004938+0.008%$43.4M$231.1M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004939+0.032%$75K$990K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004946+0.181%$642K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004949+0.232%$27K$572K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004947+0.197%$109K$868K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004950+0.263%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USDshort+0.0100%1h0.000004938+0.014%$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000004947+0.203%$580K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004942+0.089%$2.3M$7.9M50xas long as short
Paradex kPEPE-USD-PERP+0.0109%8h0.000004944+0.140%$6K20xas long as short
OKX PEPE-USDT-SWAP+0.0115%8h0.000004939+0.034%$44.3M$718.6M50xas long as short
Reya kPEPERUSDPERPlong+0.0189%1h0.000004937long leg$7K15x
BloFin PEPE-USDT+0.0240%8h0.000004938+0.014%$4.3M$28.6M75xas long as short
Binance 1000PEPEUSDT+0.0248%8h0.000004937+0.002%$128.0M$1.52B75xas long as short
Extended 1000PEPE-USD+0.0248%1h0.000004935−0.039%$517K$285K25xas long as short
MEXC PEPE_USDT+0.0254%8h0.000004941+0.067%$101.8M$295.6M300xas long as short
Aevo 1000PEPE-PERP+0.0256%1h0.000004938+0.014%$140K3xas long as short
Aster 1000PEPEUSDT+0.0258%8h0.000004941+0.067%$1.7M$12.5M50xas long as short
BingX 1000PEPE-USDT+0.0268%8h0.000004939+0.041%$181.2Mas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004944+0.136%$4K$122K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0332%8h0.000004939+0.030%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004943+0.116%$731K$38.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−18.984%$50K100xas long as short
dYdX PEPE-USD+0.1092%1h0.000004943+0.116%$25K$18K10xas long as short