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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.055%
Price spread now: Coinbase International against 01 Exchange+0.019%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 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
Long01 Exchange kPEPEUSD0.0000051460.0656pay 0.0082% / 1h48m 55s$621$3K10x
ShortCoinbase International 1000PEPE-PERP-INTX0.0000051470.0624get 0.0078% / 1h48m 55s$667K$38.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against 01 Exchange. 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
−$6.72
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$21.78
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 5 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 01 Exchange no order-book sample
Sell Coinbase International live order book, 5 min ago4.84 bp12.7 bp −$1317.2 bp −$17254.4 bp −$5,441doesn't fit
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
Injective PEPE/USDC PERP−0.0016%1h0.000005161+0.291%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005139−0.135%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005145−0.023%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005147+0.019%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005157+0.214%$101.5M$414.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005151+0.097%$164.0M$96.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005159+0.260%$25.9M$72.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005155+0.168%$615K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005165+0.376%$28K$540K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005154+0.161%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0100%1h0.000005149+0.058%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005149+0.062%$594K$4.2M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005146−0.005%$8K15xas long as short
Bitget PEPEUSDT+0.0304%8h0.000005156+0.204%$46.2M$214.2M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0380%8h0.000005153+0.128%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0416%8h0.000005161+0.291%$48.3M$724.7M50xas long as short
Backpack kPEPE_USDC_PERP+0.0433%1h0.000005156+0.194%$73K$849K15xas long as short
Kraken Futures PF_PEPEUSD+0.0454%1h0.000005146+0.001%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0510%8h0.000005148+0.037%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0527%1h0.000005150+0.078%$73K$127K25xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005145−0.019%$4.5M$29.5M75xas long as short
Phemex u1000PEPEUSDT+0.0587%8h0.000005146+0.008%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTXshort+0.0624%1h0.000005147+0.019%$667K$38.6M50x
ApeX Omni 1000PEPEUSDT+0.0629%1h0.000005167+0.408%$156K$820K25xas long as short
Lighter 1000PEPE+0.0640%1h0.000005150+0.078%$619K$9.0M10xas long as short
01 Exchange kPEPEUSDlong+0.0656%1h0.000005146long leg$621$3K10x
Nado kPEPE-PERP+0.0711%1h0.000005164+0.350%$164K$956K10xas long as short
BingX 1000PEPE-USDT+0.0743%8h0.000005158+0.235%$217.5Mas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005156+0.191%$547K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0776%1h0.000005152+0.117%$146K3xas long as short
Binance 1000PEPEUSDT+0.0779%8h0.000005156+0.203%$142.4M$1.45B75xas long as short
MEXC PEPE_USDT+0.0779%8h0.000005156+0.196%$98.6M$302.5M300xas long as short
Aster 1000PEPEUSDT+0.0795%8h0.000005156+0.202%$1.8M$11.6M50xas long as short
Hyperliquid kPEPE+0.0949%1h0.000005163+0.330%$55.2M$154.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−2.837%$63K100xas long as short