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+0.0533%/8h= +58.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.065%
Price spread now: 01 Exchange against SoDEX+0.115%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
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and 01 Exchange is 0.115% dearer against SoDEX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000052080.0435pay 0.0054% / 1h14m 11s$2K$10K10x
Short01 Exchange kPEPEUSD0.0000052140.0968get 0.0121% / 1h14m 11s$629$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$111.85
Price spread: +0.115% → 0.000%
$11.52
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$108.37
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: SoDEX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
SoDEX and 01 Exchange: 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%1h0.000005206−0.038%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005199−0.180%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+2.285%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005209+0.019%$65K$163K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005198−0.196%$105.4M$384.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005206−0.038%$171.7M$89.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005201−0.134%$26.0M$68.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005212+0.069%$663K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005246+0.732%$29K$535K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005210+0.035%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005209+0.017%$586K$4.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005212+0.079%$8K15xas long as short
Bitget PEPEUSDT+0.0321%8h0.000005200−0.154%$50.5M$191.3M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0402%8h0.000005209+0.027%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0426%8h0.000005201−0.134%$50.3M$675.3M50xas long as short
SoDEX 1000PEPE-USDlong+0.0435%1h0.000005208long leg$2K$10K10x
Paradex kPEPE-USD-PERP+0.0493%8h0.000005201−0.141%$6K20xas long as short
BloFin PEPE-USDT+0.0560%8h0.000005210+0.038%$4.8M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0681%8h0.000005207−0.029%$2.5M$7.7M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0711%1h0.0000052080.000%$74K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005214+0.115%$725K$36.3M50xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005201−0.136%$2.3Mas long as short
ApeX Omni 1000PEPEUSDT+0.0807%1h0.000005244+0.691%$161K$810K25xas long as short
Extended 1000PEPE-USD+0.0816%1h0.000005208−0.001%$553K$236K25xas long as short
Aevo 1000PEPE-PERP+0.0816%1h0.000005212+0.077%$147K3xas long as short
MEXC PEPE_USDT+0.0817%8h0.000005199−0.173%$98.6M$296.7M300xas long as short
Binance 1000PEPEUSDT+0.0818%8h0.000005206−0.031%$149.9M$1.34B75xas long as short
Nado kPEPE-PERP+0.0863%1h0.000005213+0.096%$187K$918K10xas long as short
Aster 1000PEPEUSDT+0.0910%8h0.000005209+0.018%$1.8M$10.4M50xas long as short
01 Exchange kPEPEUSDshort+0.0968%1h0.000005214+0.115%$629$3K10x
GMX PEPE/USD [ETH-USDC]L +0.0989% / S −0.1991%1h0.000005000−3.994%$64K100xas long as short
Lighter 1000PEPE+0.1128%1h0.000005209+0.019%$621K$8.8M10xas long as short
Backpack kPEPE_USDC_PERP+0.1137%1h0.000005204−0.081%$68K$724K15xas long as short
Hyperliquid kPEPE+0.1510%1h0.0000052080.000%$56.7M$146.2M10xas long as short
Kraken Futures PF_PEPEUSD+0.1568%1h0.000005206−0.040%$4.8M$16.4M50xas long as short