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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 13:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.040%
Price spread now: Aster against Aevo+0.087%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,165as in the Price arb table
costs, in and out, $10k−$1,16711.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.087%, 7d avg +0.067%
Together, before fees−0.102%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.021% dearer against Aevo than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000PEPE-PERP0.0000048860.0096pay 0.0012% / 1h24m 14s$138K3x
ShortAster 1000PEPEUSDT0.0000048900.0100get 0.0100% / 8h3h 24m$1.6M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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
$0.84
Price spread: +0.087% → +0.067%
$2.06
Slippage, 4 orders
−$1,143
Fee Aevo: 8 bp × 2 orders
−$16
Fee Aster: 4 bp × 2 orders
−$8
Net
−$1,164.1
Costs to cover
11.670%
Break-even
9707.8 days
Slippage from Aevo: live order book, 12 min ago; Aster: 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 Aevo live order book, 12 min ago274.91 bp576.9 bp −$577doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 3 min ago1.63 bp10.7 bp −$1113.4 bp −$134doesn't fitdoesn'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
Kraken Futures PF_PEPEUSD−0.0158%1h0.000004887+0.010%$4.5M$15.7M50xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0015%1h0.000004887+0.025%$6K150xas long as short
Injective PEPE/USDC PERP+0.0033%1h0.000004904+0.368%$3K$122K12xas long as short
Aevo 1000PEPE-PERPlong+0.0096%1h0.000004886long leg$138K3x
Nado kPEPE-PERP+0.0100%1h0.000004888+0.051%$135K$915K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004888+0.041%$49.8M$158.0M10xas long as short
Aster 1000PEPEUSDTshort+0.0100%8h0.000004890+0.087%$1.6M$12.9M50x
Pacifica kPEPE+0.0100%1h0.000004891+0.102%$58K$198K10xas long as short
Binance 1000PEPEUSDT+0.0100%8h0.000004890+0.078%$125.2M$1.55B75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.0000048860.000%$91.1M$447.7M50xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PEPE-USDT-SWAP+0.0100%8h0.000004889+0.061%$44.1M$716.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.0000048860.000%$146.5M$105.0M75xas long as short
MEXC PEPE_USDT+0.0100%8h0.000004883−0.051%$99.0M$288.8M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004889+0.068%$23.9M$77.1M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004885−0.031%$42.8M$236.2M75xas long as short
BingX 1000PEPE-USDT+0.0100%8h0.0000048860.000%$184.0Mas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004886+0.006%$104K$1.0M15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004907+0.439%$648K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004910+0.492%$27K$578K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004910+0.491%$107K$869K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004897+0.223%$1K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004889+0.061%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004889+0.059%$571K$4.3M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004890+0.080%$2.3M$7.9M50xas long as short
Extended 1000PEPE-USD+0.0104%1h0.000004887+0.027%$514K$289K25xas long as short
Paradex kPEPE-USD-PERP+0.0107%8h0.000004886+0.005%$5K$9K20xas long as short
Orderly PERP_1000PEPE_USDC+0.0133%8h0.000004886−0.006%$31K$30K20xas long as short
01 Exchange kPEPEUSD+0.0176%1h0.000004889+0.061%$590$2K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004888+0.050%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004900+0.287%$4.3M$27.9M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0240%1h0.000004891+0.102%$689K$38.2M50xas long as short
Lighter 1000PEPE+0.0328%1h0.000004894+0.164%$652K$9.2M10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0364%1h0.000004890+0.082%$60K$119K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0612% / S −0.0621%1h0.000004000−18.133%$51K100xas long as short
dYdX PEPE-USD+0.3707%1h0.000004889+0.060%$23K$22K10xas long as short