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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRnext payment $1.34 per $10,000 · paid last 24h +0.013%
Price spread now: Paradex against BloFin−0.330%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.330% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEPE-USDT0.0000047950.0332pay 0.0332% / 8h39m 43s$3.9M$22.3M75x
ShortParadex kPEPE-USD-PERP0.0000047790.0198get 0.0198% / 8h39m 43s$5K$1620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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
−$28.12
Price spread: −0.330% → 0.000%
−$33.01
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$77.13
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Paradex: 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 BloFin live order book, 4 min ago1.04 bp7.0 bp −$77.8 bp −$7819.1 bp −$1,91273.2 bp −$36.6K
Sell Paradex no order-book sample
Paradex: 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
Hyperliquid kPEPE−0.0180%1h0.000004786−0.188%$65.0M$91.3M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004789−0.132%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004774−0.446%$14K150xas long as short
Kraken Futures PF_PEPEUSD+0.0067%1h0.000004777−0.385%$3.8M$13.6M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004780−0.313%$59K$115K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004790−0.104%$86.1M$289.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004782−0.271%$149.7M$64.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004780−0.319%$24.5M$54.3M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004790−0.098%$42.3M$150.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004793−0.044%$587K$4.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004821+0.535%$26K$350K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004820+0.521%$101K$761K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004780−0.309%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004776−0.396%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004780−0.311%$541K$3.5M75xas long as short
Lighter 1000PEPE+0.0160%1h0.000004794−0.021%$607K$6.3M10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004776−0.387%$7K15xas long as short
Paradex kPEPE-USD-PERPshort+0.0198%8h0.000004779−0.330%$5K$1620x
Phemex u1000PEPEUSDT+0.0210%8h0.000004778−0.346%$2.3M$6.4M50xas long as short
OKX PEPE-USDT-SWAP+0.0212%8h0.000004791−0.083%$41.5M$497.6M50xas long as short
01 Exchange kPEPEUSD+0.0224%1h0.000004781−0.292%$548$2K10xas long as short
BloFin PEPE-USDTlong+0.0332%8h0.000004795long leg$3.9M$22.3M75x
GMX PEPE/USD [ETH-USDC]L +0.0368% / S −0.0415%1h0.000004000−16.580%$42K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004783−0.250%$577K$25.6M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0409%8h0.000004778−0.348%$30K$12K20xas long as short
Backpack kPEPE_USDC_PERP+0.0426%1h0.000004777−0.365%$91K$601K15xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004797+0.042%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0588%1h0.000004778−0.355%$81K$94K25xas long as short
Binance 1000PEPEUSDT+0.0649%8h0.000004794−0.019%$131.4M$1.06B75xas long as short
Extended 1000PEPE-USD+0.0656%1h0.000004783−0.248%$526K$148K25xas long as short
BingX 1000PEPE-USDC+0.0656%8h0.000004781−0.282%$2.3Mas long as short
Aster 1000PEPEUSDT+0.0657%8h0.000004787−0.163%$1.5M$7.2M50xas long as short
MEXC PEPE_USDT+0.0663%8h0.000004787−0.169%$92.7M$280.3M300xas long as short
Aevo 1000PEPE-PERP+0.0664%1h0.000004780−0.313%$135K3xas long as short
Nado kPEPE-PERP+0.0811%1h0.000004782−0.276%$183K$849K10xas long as short