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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0614%/8h= −67.3% APRnext payment $0.77 per $10,000 · paid last 24h −0.065%
Price spread now: gTrade (Gains Network) against SoDEX−0.066%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
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and gTrade (Gains Network) is 0.066% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000050340.0619pay 0.0077% / 1h35m 51s$2K$12K10x
ShortgTrade (Gains Network) PEPE/USD0.000005031L +0.0005% / S −0.0005%get 0.0001% / 1h35m 51s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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
−$129
Price spread: −0.066% → 0.000%
−$6.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$153.56
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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%1h0.000005013−0.423%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000005031−0.066%$3K150x
Pacifica kPEPE+0.0100%1h0.000005019−0.298%$61K$125K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005020−0.282%$97.3M$321.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005024−0.199%$160.2M$70.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005039+0.109%$24.9M$59.7M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005038+0.083%$44.6M$158.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005032−0.045%$562K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005012−0.438%$27K$407K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005037+0.056%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005039+0.101%$569K$3.6M75xas long as short
Phemex u1000PEPEUSDT+0.0136%8h0.000005035+0.026%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005041+0.135%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0218%8h0.000005022−0.238%$44.8M$560.9M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0227%1h0.000005016−0.358%$105K$751K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0274%8h0.000005036+0.038%$33K$23K20xas long as short
BloFin PEPE-USDT+0.0318%8h0.000005008−0.516%$4.2M$24.6M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005052+0.358%$670K$29.0M50xas long as short
BingX 1000PEPE-USDT+0.0470%8h0.000005021−0.250%$258.4Mas long as short
Paradex kPEPE-USD-PERP+0.0477%8h0.000005019−0.297%$6K$1620xas long as short
Aevo 1000PEPE-PERP+0.0488%1h0.000005038+0.079%$142K3xas long as short
Extended 1000PEPE-USD+0.0496%1h0.000005038+0.078%$554K$199K25xas long as short
MEXC PEPE_USDT+0.0499%8h0.000005035+0.014%$94.3M$289.1M300xas long as short
Binance 1000PEPEUSDT+0.0499%8h0.000005026−0.151%$140.6M$1.16B75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0507% / S −0.0383%1h0.000005000−0.675%$65K100xas long as short
Aster 1000PEPEUSDT+0.0582%8h0.000005032−0.039%$1.7M$8.1M50xas long as short
SoDEX 1000PEPE-USDlong+0.0619%1h0.000005034long leg$2K$12K10x
Nado kPEPE-PERP+0.0631%1h0.000005033−0.028%$177K$880K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0744%1h0.0000050340.000%$61K$114K25xas long as short
Kraken Futures PF_PEPEUSD+0.0828%1h0.000005033−0.026%$4.0M$14.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0907%1h0.000005036+0.038%$102K$626K15xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005031−0.060%$4K$102K12xas long as short
01 Exchange kPEPEUSD+0.0952%1h0.000005031−0.060%$1K$2K10xas long as short
Lighter 1000PEPE+0.1256%1h0.000005040+0.119%$711K$6.9M10xas long as short
Hyperliquid kPEPE+0.2350%1h0.000005043+0.179%$55.7M$135.3M10xas long as short