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 09:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.04 per $10,000 · paid last 24h −0.017%
Price spread now: SoDEX against ApeX Omni+1.555%46s7-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 pays, funding is against you. SoDEX is 1.555% dearer against ApeX Omni than usual: you sell high and buy low (spread +1.555% now, against zero (this spread has no 7-day history yet)): +$155 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni 1000PEPEUSDT0.0000049530.0134pay 0.0017% / 1h17m 37s$145K$839K25x
ShortSoDEX 1000PEPE-USD0.0000050300.0100get 0.0013% / 1h17m 37s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against ApeX Omni. 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
−$7.17
Price spread: +1.555% → 0.000%
$155.46
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$130.29
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 16 min ago; SoDEX: 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 ApeX Omni live order book, 16 min ago2.86 bp10.3 bp −$1077.1 bp −$771doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005028+1.506%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005035+1.656%$57K$195K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005034+1.635%$97.6M$445.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005031+1.575%$157.1M$102.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004969+0.319%$655K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004972+0.382%$27K$567K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005038+1.706%$1K$2.7M20xas long as short
SoDEX 1000PEPE-USDshort+0.0100%1h0.000005030+1.555%$2K$11K10x
HTX PEPE-USDT+0.0100%8h0.000005025+1.454%$585K$4.3M75xas long as short
ApeX Omni 1000PEPEUSDTlong+0.0134%1h0.000004953long leg$145K$839K25x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PEPE/USDC PERP+0.0147%1h0.000004965+0.242%$6K$121K12xas long as short
KuCoin PEPEUSDTM+0.0158%8h0.000005039+1.728%$26.1M$75.7M75xas long as short
Bitget PEPEUSDT+0.0173%8h0.000005038+1.718%$45.1M$226.1M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005027+1.492%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0316%8h0.000005034+1.635%$46.3M$747.6M50xas long as short
Paradex kPEPE-USD-PERP+0.0368%8h0.000005036+1.676%$6K20xas long as short
Backpack kPEPE_USDC_PERP+0.0382%1h0.000005040+1.765%$71K$954K15xas long as short
Hyperliquid kPEPE+0.0388%1h0.000005036+1.676%$52.0M$161.5M10xas long as short
BloFin PEPE-USDT+0.0439%8h0.000004988+0.707%$4.4M$30.1M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0440%8h0.000005032+1.591%$33K$30K20xas long as short
Lighter 1000PEPE+0.0504%1h0.000005038+1.716%$595K$9.1M10xas long as short
01 Exchange kPEPEUSD+0.0504%1h0.000005034+1.635%$607$2K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005030+1.555%$686K$39.9M50xas long as short
Phemex u1000PEPEUSDT+0.0526%8h0.000005032+1.599%$2.3M$8.1M50xas long as short
BingX 1000PEPE-USDT+0.0612%8h0.000005037+1.696%$179.2Mas long as short
MEXC PEPE_USDT+0.0628%8h0.000005033+1.609%$99.6M$312.0M300xas long as short
Binance 1000PEPEUSDT+0.0628%8h0.000005035+1.660%$137.6M$1.54B75xas long as short
Kraken Futures PF_PEPEUSD+0.0630%1h0.000005029+1.535%$4.6M$17.1M50xas long as short
Extended 1000PEPE-USD+0.0632%1h0.000005037+1.697%$528K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0640%1h0.000005024+1.433%$142K3xas long as short
Nado kPEPE-PERP+0.0644%1h0.000005032+1.605%$156K$957K10xas long as short
Aster 1000PEPEUSDT+0.0651%8h0.000005039+1.744%$1.7M$12.2M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0744%1h0.000005033+1.615%$72K$124K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0972% / S −0.1091%1h0.000005000+0.949%$50K100xas long as short
dYdX PEPE-USD+0.4099%1h0.000005029+1.541%$25K$12K10xas long as short