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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against SunX−0.150%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now −0.150%, 7d avg −0.138%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000049860.0100pay 0.0100% / 8h6h 19m$1K$2.6M20x
ShortBitget PEPEUSDT0.0000049780.0100get 0.0100% / 8h6h 19m$45.4M$228.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
$0
Price spread: −0.150% → −0.138%
−$1.19
Slippage, 4 orders
−$118.3
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$139.49
Costs to cover
1.383%
Break-even
never at this rate
Slippage from SunX: live order book, 12 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 12 min ago29.07 bp47.2 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.10 bp6.6 bp −$79.7 bp −$9725.1 bp −$2,511doesn't fit

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
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004975−0.221%$3K150xas long as short
Kraken Futures PF_PEPEUSD+0.0026%1h0.000004976−0.200%$4.6M$16.8M50xas long as short
Lighter 1000PEPE+0.0096%1h0.000004978−0.152%$590K$9.0M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004978−0.152%$51.0M$161.9M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004975−0.213%$57K$196K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004976−0.203%$95.1M$445.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004975−0.213%$155.6M$101.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004977−0.166%$25.1M$76.1M75xas long as short
Bitget PEPEUSDTshort+0.0100%8h0.000004978−0.150%$45.4M$228.3M75x
Variational Omni 1000PEPE+0.0100%8h0.000004980−0.103%$638K$5.3Mas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004986+0.009%$27K$570K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004987+0.028%$145K$846K25xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000004986long leg$1K$2.6M20x
SoDEX 1000PEPE-USD+0.0100%1h0.000004978−0.152%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004982−0.064%$581K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004980−0.108%$2.3M$8.0M50xas long as short
01 Exchange kPEPEUSD+0.0112%1h0.000004973−0.253%$600$2K10xas long as short
Paradex kPEPE-USD-PERP+0.0119%8h0.000004972−0.278%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0152%1h0.000004978−0.152%$57K$125K25xas long as short
Nado kPEPE-PERP+0.0163%1h0.000004976−0.184%$140K$953K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004975−0.203%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0193%8h0.000004979−0.132%$44.6M$736.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0289%1h0.000004978−0.160%$77K$997K15xas long as short
BloFin PEPE-USDT+0.0313%8h0.000004976−0.193%$4.2M$29.1M75xas long as short
Injective PEPE/USDC PERP+0.0363%1h0.000004963−0.453%$5K$121K12xas long as short
Extended 1000PEPE-USD+0.0384%1h0.000004978−0.149%$522K$285K25xas long as short
Binance 1000PEPEUSDT+0.0388%8h0.000004980−0.122%$129.3M$1.54B75xas long as short
Orderly PERP_1000PEPE_USDC+0.0389%8h0.000004979−0.136%$32K$30K20xas long as short
Aevo 1000PEPE-PERP+0.0392%1h0.000004973−0.253%$141K3xas long as short
MEXC PEPE_USDT+0.0393%8h0.000004981−0.086%$102.2M$307.4M300xas long as short
Aster 1000PEPEUSDT+0.0399%8h0.000004979−0.129%$1.8M$12.4M50xas long as short
BingX 1000PEPE-USDC+0.0403%8h0.000004975−0.219%$2.3Mas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004975−0.213%$697K$39.1M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0885% / S −0.1012%1h0.000004000−19.769%$51K100xas long as short
dYdX PEPE-USD+0.8575%1h0.000004971−0.303%$25K$12K10xas long as short