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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0712%/8h= +78.0% APRnext payment +$0.89 per $10,000 · paid last 24h +0.178%
Price spread now: 01 Exchange against dYdX+0.088%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and 01 Exchange is 0.088% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000051550get 0.0000% / 1h35m 42s$19K$64910x
Short01 Exchange kPEPEUSD0.0000051600.0712get 0.0089% / 1h35m 42s$622$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$149.52
Price spread: +0.088% → 0.000%
$8.79
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$141.31
Costs to cover
0.170%
Break-even
0.4 days
Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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 dYdX no order-book sample
Sell 01 Exchange no order-book sample
dYdX and 01 Exchange: 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%1h0.000005155long leg$19K$64910x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005164+0.158%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005160+0.088%$60K$183K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005154−0.036%$99.1M$427.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005163+0.146%$163.8M$98.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005160+0.097%$615K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005167+0.220%$28K$546K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005172+0.313%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005169+0.270%$601K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0128%8h0.000005167+0.226%$26.8M$73.8M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005167+0.218%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0257%1h0.000005166+0.204%$2K$11K10xas long as short
Bitget PEPEUSDT+0.0267%8h0.000005162+0.131%$46.3M$219.4M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0331%1h0.000005163+0.146%$74K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0374%8h0.000005157+0.030%$47.7M$745.5M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0378%1h0.000005219+1.232%$151K$833K25xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005156+0.010%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0412%8h0.000005170+0.292%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0478%8h0.000005160+0.096%$6K20xas long as short
BloFin PEPE-USDT+0.0499%8h0.000005170+0.282%$4.4M$30.3M75xas long as short
Backpack kPEPE_USDC_PERP+0.0502%1h0.000005163+0.154%$77K$877K15xas long as short
Phemex u1000PEPEUSDT+0.0526%8h0.000005168+0.247%$2.4M$8.1M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005162+0.127%$646K$39.7M50xas long as short
Lighter 1000PEPE+0.0592%1h0.000005166+0.204%$620K$9.0M10xas long as short
Kraken Futures PF_PEPEUSD+0.0711%1h0.000005163+0.140%$4.7M$16.8M50xas long as short
01 Exchange kPEPEUSDshort+0.0712%1h0.000005160+0.088%$622$2K10x
BingX 1000PEPE-USDT+0.0712%8h0.000005154−0.021%$218.6Mas long as short
Nado kPEPE-PERP+0.0717%1h0.000005161+0.115%$165K$956K10xas long as short
Aster 1000PEPEUSDT+0.0727%8h0.000005167+0.219%$1.8M$11.9M50xas long as short
MEXC PEPE_USDT+0.0741%8h0.000005155−0.011%$100.9M$306.0M300xas long as short
Binance 1000PEPEUSDT+0.0741%8h0.000005160+0.088%$141.9M$1.49B75xas long as short
Extended 1000PEPE-USD+0.0744%1h0.000005153−0.051%$542K$284K25xas long as short
Aevo 1000PEPE-PERP+0.0744%1h0.000005155−0.009%$146K3xas long as short
Hyperliquid kPEPE+0.0944%1h0.000005172+0.321%$53.8M$157.7M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1068% / S −0.1502%1h0.000005000−3.016%$47K100xas long as short