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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0310%/8h= −33.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Bitget−0.009%53s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEPEUSDT0.0000051560.0310pay 0.0310% / 8h1h 55m$46.2M$213.7M75x
ShortdYdX PEPE-USD0.0000051560get 0.0000% / 1h55m 47s$19K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
−$65.1
Price spread: −0.009% → 0.000%
−$0.93
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$88.03
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago1.83 bp9.4 bp −$910.8 bp −$10825.8 bp −$2,583doesn't fit
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
Injective PEPE/USDC PERP−0.0016%1h0.000005206+0.960%$10K$119K12xas long as short
dYdX PEPE-USDshort0.0000%1h0.000005156−0.009%$19K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005158+0.039%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005166+0.184%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005158+0.023%$101.4M$413.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005159+0.048%$163.2M$95.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005160+0.066%$25.7M$71.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005162+0.099%$615K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005173+0.319%$28K$539K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005172+0.308%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0100%1h0.000005158+0.029%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005175+0.359%$590K$4.2M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005165+0.160%$8K15xas long as short
Bitget PEPEUSDTlong+0.0310%8h0.000005156long leg$46.2M$213.7M75x
Deribit 1000PEPE_USDC-PERPETUAL+0.0332%1h0.000005160+0.068%$74K$127K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0379%8h0.000005159+0.043%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0417%8h0.000005161+0.087%$48.4M$721.6M50xas long as short
Kraken Futures PF_PEPEUSD+0.0453%1h0.000005156−0.011%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0518%8h0.000005167+0.196%$6K20xas long as short
BloFin PEPE-USDT+0.0545%8h0.000005186+0.572%$4.4M$29.6M75xas long as short
Phemex u1000PEPEUSDT+0.0576%8h0.000005155−0.029%$2.4M$8.0M50xas long as short
Backpack kPEPE_USDC_PERP+0.0607%1h0.000005157+0.010%$72K$848K15xas long as short
Lighter 1000PEPE+0.0616%1h0.000005161+0.087%$621K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005169+0.242%$702K$38.3M50xas long as short
01 Exchange kPEPEUSD+0.0672%1h0.000005162+0.107%$623$3K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0672%1h0.000005154−0.048%$156K$818K25xas long as short
Nado kPEPE-PERP+0.0738%1h0.000005162+0.104%$165K$955K10xas long as short
BingX 1000PEPE-USDC+0.0753%8h0.000005157+0.008%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0784%1h0.000005166+0.184%$146K3xas long as short
MEXC PEPE_USDT+0.0788%8h0.000005165+0.163%$98.4M$301.9M300xas long as short
Binance 1000PEPEUSDT+0.0789%8h0.000005156−0.003%$142.5M$1.44B75xas long as short
Extended 1000PEPE-USD+0.0792%1h0.000005160+0.064%$547K$285K25xas long as short
Aster 1000PEPEUSDT+0.0812%8h0.000005159+0.049%$1.8M$11.6M50xas long as short
Hyperliquid kPEPE+0.0915%1h0.000005164+0.145%$55.1M$154.5M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2351%1h0.000005000−3.035%$63K100xas long as short