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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0303%/8h= −33.2% APRnext payment $0.38 per $10,000 · paid last 24h −0.035%
Price spread now: Nado against 01 Exchange−0.044%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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Nado is 0.044% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 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 kPEPEUSD0.0000050570.0952pay 0.0119% / 1h15m 41s$1K$2K10x
ShortNado kPEPE-PERP0.0000050550.0649get 0.0081% / 1h15m 41s$180K$880K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$63.62
Price spread: −0.044% → 0.000%
−$4.45
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$82.07
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 53 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 Nado live order book, 53 min ago1.97 bp19.0 bp −$1948.0 bp −$480doesn't fitdoesn'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 34 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%1h0.000005036−0.415%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005045−0.239%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005047−0.198%$61K$126K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005038−0.368%$97.6M$324.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005042−0.297%$162.1M$71.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005048−0.186%$25.4M$60.9M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005044−0.249%$45.4M$162.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005045−0.246%$622K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005039−0.360%$27K$422K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005046−0.219%$1K$2.4M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005038−0.374%$566K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005054−0.066%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0243%8h0.000005042−0.297%$45.1M$568.7M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0282%8h0.000005053−0.071%$33K$23K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0333%1h0.000005041−0.316%$106K$747K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005053−0.079%$746K$29.8M50xas long as short
BingX 1000PEPE-USDT+0.0498%8h0.000005042−0.289%$259.2Mas long as short
GMX PEPE/USD [ETH-USDC]L +0.0519% / S −0.0547%1h0.000005000−1.127%$56K100xas long as short
Phemex u1000PEPEUSDT+0.0527%8h0.000005047−0.188%$2.4M$7.0M50xas long as short
Extended 1000PEPE-USD+0.0528%1h0.000005044−0.247%$554K$199K25xas long as short
Aevo 1000PEPE-PERP+0.0528%1h0.000005048−0.178%$143K3xas long as short
MEXC PEPE_USDT+0.0531%8h0.000005047−0.202%$94.4M$291.3M300xas long as short
Binance 1000PEPEUSDT+0.0531%8h0.000005046−0.210%$141.9M$1.17B75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0543%1h0.000005050−0.138%$61K$114K25xas long as short
SoDEX 1000PEPE-USD+0.0575%1h0.000005048−0.178%$2K$12K10xas long as short
Paradex kPEPE-USD-PERP+0.0607%8h0.000005040−0.329%$6K$1620xas long as short
Aster 1000PEPEUSDT+0.0626%8h0.000005043−0.276%$1.7M$8.2M50xas long as short
Nado kPEPE-PERPshort+0.0649%1h0.000005055−0.044%$180K$880K10x
Kraken Futures PF_PEPEUSD+0.0825%1h0.000005048−0.183%$4.0M$14.5M50xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005098+0.811%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0917%1h0.000005047−0.196%$98K$618K15xas long as short
01 Exchange kPEPEUSDlong+0.0952%1h0.000005057long leg$1K$2K10x
Lighter 1000PEPE+0.1680%1h0.0000050570.000%$1.1M$7.4M10xas long as short
Hyperliquid kPEPE+0.2123%1h0.0000050570.000%$55.7M$136.0M10xas long as short