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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.042%
Price spread now: 01 Exchange against Aevo+0.574%45s7-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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.574% dearer against Aevo than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo 1000PEPE-PERP0.0000052250.0800pay 0.0100% / 1h20m 31s$148K3x
Short01 Exchange kPEPEUSD0.0000052550.0976get 0.0122% / 1h20m 31s$634$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$36.96
Price spread: +0.574% → 0.000%
$57.42
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$71.38
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Aevo: live order book, 33 min ago; 01 Exchange: 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 Aevo live order book, 33 min ago1010.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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
dYdX PEPE-USD0.0000%1h0.000005240+0.280%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005258+0.624%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+1.952%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005243+0.344%$66K$162K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005266+0.783%$107.2M$382.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005249+0.459%$173.1M$88.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005255+0.576%$26.2M$68.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005213−0.238%$661K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005239+0.265%$29K$534K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005223−0.040%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005221−0.078%$585K$3.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005256+0.595%$8K15xas long as short
Bitget PEPEUSDT+0.0310%8h0.000005259+0.656%$51.1M$190.9M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0401%8h0.000005220−0.094%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0434%8h0.000005254+0.555%$50.7M$680.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0471%8h0.000005251+0.492%$6K20xas long as short
SoDEX 1000PEPE-USD+0.0472%1h0.000005218−0.134%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0565%8h0.000005222−0.057%$4.9M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0670%8h0.000005222−0.063%$2.5M$7.6M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0709%1h0.000005218−0.134%$74K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.0000052250.000%$705K$36.3M50xas long as short
BingX 1000PEPE-USDT+0.0762%8h0.000005262+0.716%$235.9Mas long as short
Aevo 1000PEPE-PERPlong+0.0800%1h0.000005225long leg$148K3x
MEXC PEPE_USDT+0.0806%8h0.000005258+0.622%$99.7M$296.3M300xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005255+0.575%$556K$231K25xas long as short
Binance 1000PEPEUSDT+0.0810%8h0.000005268+0.815%$153.1M$1.34B75xas long as short
Nado kPEPE-PERP+0.0858%1h0.000005252+0.511%$189K$917K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0903%1h0.000005243+0.344%$161K$808K25xas long as short
Aster 1000PEPEUSDT+0.0912%8h0.000005257+0.614%$1.8M$10.4M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0972% / S −0.1946%1h0.000005000−4.306%$65K100xas long as short
01 Exchange kPEPEUSDshort+0.0976%1h0.000005255+0.574%$634$3K10x
Backpack kPEPE_USDC_PERP+0.1148%1h0.000005221−0.075%$68K$724K15xas long as short
Lighter 1000PEPE+0.1208%1h0.000005246+0.402%$632K$8.8M10xas long as short
Kraken Futures PF_PEPEUSD+0.1565%1h0.000005217−0.156%$4.8M$16.4M50xas long as short
Hyperliquid kPEPE+0.1568%1h0.000005260+0.670%$57.2M$145.9M10xas long as short