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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h −0.066%
Price spread now: KuCoin against SoDEX+0.004%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000051600.0100pay 0.0013% / 1h6m 21s$2K$11K10x
ShortKuCoin PEPEUSDTM0.0000051600.0137get 0.0137% / 8h6m 21s$27.2M$74.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$7.77
Price spread: +0.004% → 0.000%
$0.39
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.84
Costs to cover
0.200%
Break-even
17.7 days
Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 3 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 SoDEX no order-book sample
Sell KuCoin live order book, 3 min ago1.64 bp15.3 bp −$1525.6 bp −$256doesn't fitdoesn't fit
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 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%1h0.000005162+0.038%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005154−0.118%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005166+0.116%$60K$184K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005158−0.031%$99.6M$430.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005157−0.058%$163.6M$99.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005152−0.158%$615K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005153−0.141%$28K$547K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005175+0.298%$2K$2.7M20xas long as short
SoDEX 1000PEPE-USDlong+0.0100%1h0.000005160long leg$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000005165+0.091%$603K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTMshort+0.0137%8h0.000005160+0.004%$27.2M$74.4M75x
Reya kPEPERUSDPERP+0.0189%1h0.000005157−0.055%$8K15xas long as short
Bitget PEPEUSDT+0.0243%8h0.000005161+0.016%$46.3M$220.6M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0301%1h0.000005149−0.213%$149K$834K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0332%1h0.000005158−0.039%$74K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0355%8h0.0000051600.000%$47.8M$749.8M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.0000051600.000%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0417%8h0.000005158−0.037%$34K$26K20xas long as short
Phemex u1000PEPEUSDT+0.0446%8h0.000005156−0.079%$2.4M$8.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0451%8h0.000005160+0.003%$6K20xas long as short
BloFin PEPE-USDT+0.0476%8h0.000005164+0.078%$4.5M$30.5M75xas long as short
Backpack kPEPE_USDC_PERP+0.0499%1h0.000005162+0.035%$78K$891K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005167+0.136%$674K$40.0M50xas long as short
Lighter 1000PEPE+0.0568%1h0.000005172+0.233%$621K$9.1M10xas long as short
BingX 1000PEPE-USDC+0.0685%8h0.000005168+0.145%$2.3Mas long as short
01 Exchange kPEPEUSD+0.0696%1h0.000005166+0.116%$623$2K10xas long as short
Binance 1000PEPEUSDT+0.0707%8h0.000005160−0.002%$142.2M$1.50B75xas long as short
MEXC PEPE_USDT+0.0709%8h0.000005161+0.023%$101.9M$309.8M300xas long as short
Nado kPEPE-PERP+0.0710%1h0.000005158−0.041%$164K$960K10xas long as short
Kraken Futures PF_PEPEUSD+0.0710%1h0.000005165+0.100%$4.8M$16.7M50xas long as short
Extended 1000PEPE-USD+0.0712%1h0.000005162+0.045%$542K$280K25xas long as short
Aevo 1000PEPE-PERP+0.0712%1h0.000005163+0.058%$146K3xas long as short
Aster 1000PEPEUSDT+0.0715%8h0.000005162+0.047%$1.8M$12.0M50xas long as short
Hyperliquid kPEPE+0.0890%1h0.000005163+0.058%$53.7M$159.3M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1068% / S −0.1281%1h0.000005000−3.101%$50K100xas long as short