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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.108%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.155%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 −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.155% cheaper against 01 Exchange than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000047810.0224pay 0.0028% / 1h40m 04s$548$2K10x
ShortgTrade (Gains Network) PEPE/USD0.000004774L +0.0006% / S −0.0006%get 0.0001% / 1h40m 04s$14K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$45.78
Price spread: −0.155% → 0.000%
−$15.48
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$78.26
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell gTrade (Gains Network) no order-book sample
01 Exchange 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
Hyperliquid kPEPE−0.0194%1h0.000004776−0.105%$64.9M$91.3M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004770−0.233%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0006%1h0.000004774−0.155%$14K150x
Kraken Futures PF_PEPEUSD+0.0067%1h0.000004777−0.093%$3.8M$13.6M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004780−0.021%$59K$115K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004775−0.130%$85.9M$289.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004774−0.146%$149.5M$64.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004777−0.084%$24.5M$54.3M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004777−0.082%$42.2M$150.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004793+0.249%$587K$4.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004821+0.829%$26K$350K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004820+0.816%$101K$761K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004780−0.017%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004776−0.105%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004780−0.019%$541K$3.5M75xas long as short
Lighter 1000PEPE+0.0176%1h0.000004780−0.021%$606K$6.3M10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004776−0.095%$7K15xas long as short
Paradex kPEPE-USD-PERP+0.0198%8h0.000004779−0.038%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0210%8h0.000004778−0.054%$2.3M$6.4M50xas long as short
OKX PEPE-USDT-SWAP+0.0212%8h0.000004779−0.042%$41.4M$496.4M50xas long as short
01 Exchange kPEPEUSDlong+0.0224%1h0.000004781long leg$548$2K10x
BloFin PEPE-USDT+0.0332%8h0.000004795+0.293%$3.9M$22.3M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0368% / S −0.0415%1h0.000004000−16.335%$42K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004783+0.042%$577K$25.6M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0409%8h0.000004778−0.056%$30K$12K20xas long as short
Backpack kPEPE_USDC_PERP+0.0426%1h0.000004777−0.073%$91K$601K15xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004797+0.335%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0588%1h0.000004778−0.063%$81K$94K25xas long as short
Extended 1000PEPE-USD+0.0656%1h0.000004776−0.101%$526K$148K25xas long as short
BingX 1000PEPE-USDC+0.0656%8h0.000004776−0.111%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0656%8h0.000004778−0.056%$131.0M$1.06B75xas long as short
Aster 1000PEPEUSDT+0.0662%8h0.000004778−0.058%$1.5M$7.2M50xas long as short
MEXC PEPE_USDT+0.0663%8h0.000004778−0.063%$92.5M$280.3M300xas long as short
Aevo 1000PEPE-PERP+0.0664%1h0.000004780−0.021%$135K3xas long as short
Nado kPEPE-PERP+0.0811%1h0.000004782+0.016%$183K$849K10xas long as short