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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Extended against Binance−0.046%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.046%, 7d avg −0.058%
Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000PEPEUSDT0.0000049890.0312pay 0.0312% / 8h6h 00m$129.0M$1.53B75x
ShortExtended 1000PEPE-USD0.0000049870.0312get 0.0039% / 1h0m 16s$522K$285K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
−$0.08
Price spread: −0.046% → −0.058%
$1.19
Slippage, 4 orders
−$16.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$30.53
Costs to cover
0.316%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 50 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 Binance live order book, 7 min ago0.10 bp5.5 bp −$511.6 bp −$11637.8 bp −$3,781doesn't fit
Sell Extended live order book, 50 min ago4.01 bp8.5 bp −$945.0 bp −$450doesn'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
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004972−0.336%$3K150xas long as short
Kraken Futures PF_PEPEUSD+0.0026%1h0.000004986−0.059%$4.6M$16.6M50xas long as short
Lighter 1000PEPE+0.0096%1h0.000004988−0.023%$599K$9.0M10xas long as short
01 Exchange kPEPEUSD+0.0096%1h0.000004978−0.223%$600$2K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004986−0.063%$50.4M$156.0M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004979−0.203%$57K$197K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004986−0.057%$94.8M$441.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004981−0.163%$155.2M$102.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004989+0.005%$25.2M$75.6M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004989+0.001%$45.4M$224.4M75xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 1000PEPE+0.0100%8h0.000004972−0.337%$646K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004986−0.063%$27K$570K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004989−0.003%$145K$849K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004990+0.007%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004987−0.043%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004986−0.069%$584K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004988−0.017%$2.3M$8.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0112%8h0.000004982−0.141%$6K20xas long as short
Nado kPEPE-PERP+0.0146%1h0.000004985−0.092%$137K$932K10xas long as short
OKX PEPE-USDT-SWAP+0.0154%8h0.000004985−0.083%$44.8M$726.9M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004987−0.051%$8K15xas long as short
Backpack kPEPE_USDC_PERP+0.0204%1h0.000004977−0.251%$77K$988K15xas long as short
BloFin PEPE-USDT+0.0278%8h0.000004978−0.223%$4.3M$28.8M75xas long as short
Extended 1000PEPE-USDshort+0.0312%1h0.000004987−0.046%$522K$285K25x
Binance 1000PEPEUSDTlong+0.0312%8h0.000004989long leg$129.0M$1.53B75x
BingX 1000PEPE-USDT+0.0319%8h0.000004983−0.113%$180.9Mas long as short
Aster 1000PEPEUSDT+0.0319%8h0.000004984−0.102%$1.8M$12.4M50xas long as short
MEXC PEPE_USDT+0.0320%8h0.000004989−0.009%$102.3M$309.1M300xas long as short
Aevo 1000PEPE-PERP+0.0320%1h0.000004985−0.083%$141K3xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0352%1h0.000004987−0.043%$57K$115K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0359%8h0.000004986−0.057%$32K$30K20xas long as short
Injective PEPE/USDC PERP+0.0363%1h0.000004977−0.243%$5K$122K12xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004989−0.003%$692K$38.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−19.826%$51K100xas long as short
dYdX PEPE-USD+0.6735%1h0.000004976−0.255%$25K$18K10xas long as short