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+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against dYdX+0.096%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.096% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000049950get 0.0000% / 1h33m 04s$18K$9510x
ShortPacifica kPEPE0.0000050000.0100get 0.0013% / 1h33m 04s$57K$177K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: +0.096% → 0.000%
$9.61
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$12.61
Costs to cover
0.180%
Break-even
2.8 days
Slippage unknown: dYdX: no order-book sample; Pacifica: live order book, 15 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 Pacifica live order book, 15 min ago4.97 bp12.5 bp −$1321.8 bp −$218doesn'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 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-USDlong0.0000%1h0.000004995long leg$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000004998+0.064%$6K150xas long as short
Pacifica kPEPEshort+0.0100%1h0.000005000+0.096%$57K$177K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005001+0.118%$98.5M$403.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004999+0.076%$161.4M$93.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005001+0.112%$25.0M$70.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004997+0.031%$599K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005018+0.453%$28K$538K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005009+0.278%$1K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005006+0.212%$560K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0160%1h0.000005003+0.156%$2K$10K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005003+0.166%$8K15xas long as short
Bitget PEPEUSDT+0.0335%8h0.000005002+0.128%$45.0M$209.5M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0404%8h0.000004999+0.078%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0419%8h0.000005004+0.176%$46.1M$682.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0530%8h0.000004999+0.069%$6K20xas long as short
BloFin PEPE-USDT+0.0545%8h0.000005007+0.236%$4.4M$27.9M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0550%1h0.000005001+0.116%$71K$127K25xas long as short
Lighter 1000PEPE+0.0608%1h0.000005005+0.196%$594K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0634%8h0.000004997+0.026%$2.4M$7.9M50xas long as short
Backpack kPEPE_USDC_PERP+0.0635%1h0.000005002+0.136%$73K$830K15xas long as short
01 Exchange kPEPEUSD+0.0640%1h0.000005000+0.096%$603$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005006+0.216%$636K$36.7M50xas long as short
Nado kPEPE-PERP+0.0749%1h0.000005003+0.149%$165K$942K10xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005004+0.176%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0797%8h0.000005004+0.184%$140.5M$1.41B75xas long as short
MEXC PEPE_USDT+0.0798%8h0.000005001+0.110%$95.7M$301.2M300xas long as short
Extended 1000PEPE-USD+0.0800%1h0.000005002+0.133%$530K$277K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005002+0.136%$141K3xas long as short
ApeX Omni 1000PEPEUSDT+0.0843%1h0.000005021+0.516%$154K$814K25xas long as short
Aster 1000PEPEUSDT+0.0851%8h0.000005005+0.191%$1.7M$11.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0854%1h0.000005000+0.104%$4.6M$16.7M50xas long as short
Hyperliquid kPEPE+0.1017%1h0.000005004+0.176%$52.7M$151.9M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1103% / S −0.2063%1h0.000004000−19.923%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034+0.777%$3K$111K12xas long as short