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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0762%/8h= −83.4% APRpaid last 24h −0.074%
Price spread now: dYdX against BingX−0.273%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 6 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 against this trade now: funding costs −$23 a day on $10k at the current rate, and dYdX is 0.273% cheaper against BingX than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDC0.0000050000.0762pay 0.0762% / 8h2h 29m$2.3M
ShortdYdX PEPE-USD0.0000049860get 0.0000% / 1h29m 02s$18K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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
−$160.02
Price spread: −0.273% → 0.000%
−$27.3
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$207.32
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 5 min ago; dYdX: 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 BingX live order book, 5 min ago1.10 bp15.1 bp −$1523.6 bp −$23691.1 bp −$9,112215.7 bp −$107.9K
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.000004986−0.273%$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000005000+0.012%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000004989−0.216%$57K$177K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004993−0.136%$97.9M$404.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004999−0.016%$161.1M$94.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005005+0.106%$24.9M$70.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005001+0.018%$599K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005003+0.073%$27K$538K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005008+0.166%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000004998−0.042%$559K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005004+0.086%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0189%1h0.000005004+0.084%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0337%8h0.000004995−0.094%$44.7M$209.9M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0400%8h0.000005005+0.098%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0417%8h0.000004997−0.056%$46.2M$682.2M50xas long as short
Paradex kPEPE-USD-PERP+0.0542%8h0.000004989−0.225%$6K20xas long as short
BloFin PEPE-USDT+0.0543%8h0.000005004+0.084%$4.4M$27.9M75xas long as short
Backpack kPEPE_USDC_PERP+0.0619%1h0.000005000+0.014%$73K$830K15xas long as short
01 Exchange kPEPEUSD+0.0632%1h0.000005005+0.104%$604$3K10xas long as short
Phemex u1000PEPEUSDT+0.0636%8h0.000005007+0.146%$2.4M$7.9M50xas long as short
Lighter 1000PEPE+0.0640%1h0.000005006+0.124%$594K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000004995−0.096%$635K$36.6M50xas long as short
Nado kPEPE-PERP+0.0748%1h0.000004998−0.045%$165K$942K10xas long as short
BingX 1000PEPE-USDClong+0.0762%8h0.000005000long leg$2.3M
ApeX Omni 1000PEPEUSDT+0.0764%1h0.000005005+0.104%$154K$813K25xas long as short
Extended 1000PEPE-USD+0.0784%1h0.000005006+0.121%$528K$277K25xas long as short
Binance 1000PEPEUSDT+0.0787%8h0.000004997−0.060%$140.1M$1.41B75xas long as short
MEXC PEPE_USDT+0.0790%8h0.000005002+0.050%$95.5M$301.6M300xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000005006+0.124%$142K3xas long as short
Aster 1000PEPEUSDT+0.0840%8h0.000004996−0.082%$1.7M$11.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0854%1h0.000005001+0.019%$4.6M$16.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0950%1h0.000005008+0.164%$71K$127K25xas long as short
Hyperliquid kPEPE+0.1001%1h0.000005002+0.044%$52.7M$152.0M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1114% / S −0.2090%1h0.000005000+0.004%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004992−0.156%$3K$111K12xas long as short