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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0576%/8h= +63.1% APRnext payment +$0.72 per $10,000 · paid last 24h +0.088%
Price spread now: Extended against dYdX−0.491%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.491% cheaper against dYdX than usual: you would sell low and buy high (spread −0.491% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 2.8 days of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000050960get 0.0000% / 1h54m 09s$19K$9510x
ShortExtended 1000PEPE-USD0.0000050710.0576get 0.0072% / 1h54m 09s$539K$219K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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
$120.96
Price spread: −0.491% → 0.000%
−$49.13
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$56.83
Costs to cover
0.150%
Break-even
3.7 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 9 min ago. 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 dYdX no order-book sample
Sell Extended live order book, 9 min ago2.95 bp7.4 bp −$742.4 bp −$424doesn't fitdoesn't fit
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 34 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-USDlong0.0000%1h0.000005096long leg$19K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0009%1h0.000005059−0.731%$18K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005098+0.038%$63K$128K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005061−0.688%$98.7M$329.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005063−0.648%$162.2M$72.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005061−0.682%$25.3M$61.6M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005061−0.682%$47.1M$169.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005145+0.954%$696K$4.6Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005103+0.146%$27K$422K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005069−0.525%$1K$2.4M20xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005079−0.334%$578K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005065−0.612%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0289%8h0.000005059−0.727%$45.8M$579.6M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0301%8h0.000005075−0.423%$33K$24K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0342%1h0.000005068−0.550%$61K$114K25xas long as short
BingX 1000PEPE-USDC+0.0538%8h0.000005059−0.727%$2.3Mas long as short
GMX PEPE/USD [ETH-USDC]L +0.0546% / S −0.0828%1h0.000005000−1.885%$50K100xas long as short
Phemex u1000PEPEUSDT+0.0557%8h0.000005068−0.550%$2.4M$7.0M50xas long as short
MEXC PEPE_USDT+0.0572%8h0.000005068−0.542%$96.4M$285.9M300xas long as short
Extended 1000PEPE-USDshort+0.0576%1h0.000005071−0.491%$539K$219K25x
Aevo 1000PEPE-PERP+0.0576%1h0.000005108+0.235%$144K3xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005077−0.374%$928K$30.7M50xas long as short
Binance 1000PEPEUSDT+0.0577%8h0.000005067−0.575%$143.5M$1.19B75xas long as short
Aster 1000PEPEUSDT+0.0685%8h0.000005066−0.589%$1.7M$8.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0718%8h0.000005100+0.087%$6K20xas long as short
SoDEX 1000PEPE-USD+0.0723%1h0.000005074−0.433%$2K$12K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0934%1h0.000005098+0.038%$105K$749K25xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005105+0.176%$4K$102K12xas long as short
Nado kPEPE-PERP+0.1008%1h0.000005063−0.640%$194K$861K10xas long as short
Backpack kPEPE_USDC_PERP+0.1010%1h0.000005061−0.694%$98K$612K15xas long as short
01 Exchange kPEPEUSD+0.1144%1h0.000005093−0.060%$614$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1371%1h0.000005074−0.426%$4.2M$14.9M50xas long as short
Lighter 1000PEPE+0.1744%1h0.000005080−0.315%$1.1M$7.4M10xas long as short
Hyperliquid kPEPE+0.1842%1h0.000005069−0.531%$56.0M$136.6M10xas long as short