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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Bitget+0.012%7-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 5 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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEPEUSDT0.0000047900.0100pay 0.0100% / 8h7h 55m$42.4M$151.5M75x
ShortdYdX PEPE-USD0.0000047910get 0.0000% / 1h55m 21s$18K$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
−$21
Price spread: +0.012% → 0.000%
$1.21
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$41.79
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 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, 4 min ago1.36 bp10.1 bp −$1012.7 bp −$12724.3 bp −$2,434doesn'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
Phemex u1000PEPEUSDT−0.0286%8h0.000004791+0.015%$2.3M$6.5M50xas long as short
Kraken Futures PF_PEPEUSD−0.0122%1h0.000004790−0.002%$3.9M$13.9M50xas long as short
dYdX PEPE-USDshort0.0000%1h0.000004791+0.012%$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004788−0.054%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004787−0.067%$68.5M$102.3M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004794+0.079%$56K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004789−0.021%$87.5M$297.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004788−0.046%$152.0M$64.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004791+0.015%$24.0M$55.0M75xas long as short
Bitget PEPEUSDTlong+0.0100%8h0.000004790long leg$42.4M$151.5M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 1000PEPE+0.0100%8h0.000004801+0.222%$554K$4.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004798+0.157%$26K$350K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004799+0.180%$1K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000004796+0.119%$541K$3.5M75xas long as short
Lighter 1000PEPE+0.0112%1h0.000004794+0.079%$575K$6.6M10xas long as short
SoDEX 1000PEPE-USD+0.0116%1h0.000004791+0.017%$2K$12K10xas long as short
Paradex kPEPE-USD-PERP+0.0175%8h0.000004794+0.076%$5K$1620xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004789−0.020%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0193%8h0.000004793+0.058%$42.8M$505.3M50xas long as short
BloFin PEPE-USDT+0.0310%8h0.000004792+0.038%$3.9M$22.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0331%8h0.000004790+0.002%$30K$13K20xas long as short
01 Exchange kPEPEUSD+0.0336%1h0.000004788−0.046%$548$2K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000004791+0.017%$551K$25.8M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0405% / S −0.0447%1h0.000004000−16.496%$43K100xas long as short
Nado kPEPE-PERP+0.0415%1h0.000004795+0.099%$180K$848K10xas long as short
BingX 1000PEPE-USDC+0.0532%8h0.000004794+0.077%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0542%8h0.000004793+0.065%$135.0M$1.08B75xas long as short
Extended 1000PEPE-USD+0.0544%1h0.000004791+0.017%$526K$148K25xas long as short
Aevo 1000PEPE-PERP+0.0544%1h0.000004780−0.213%$135K3xas long as short
MEXC PEPE_USDT+0.0545%8h0.000004792+0.042%$91.1M$279.7M300xas long as short
Aster 1000PEPEUSDT+0.0546%8h0.000004794+0.074%$1.5M$7.3M50xas long as short
Backpack kPEPE_USDC_PERP+0.0634%1h0.000004797+0.148%$94K$602K15xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000004793+0.058%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0794%1h0.000004792+0.038%$77K$98K25xas long as short
ApeX Omni 1000PEPEUSDT+0.1932%1h0.000004800+0.205%$100K$753K25xas long as short