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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: HTX against edgeX−0.088%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$530.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.088%, 7d avg +0.015%
Together, before fees+0.109%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.103% cheaper against edgeX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX 1000PEPEUSDC0.0000051670.0100pay 0.0050% / 4h4m 38s$28K$548K20x
ShortHTX PEPE-USDT0.0000051620.0100get 0.0100% / 8h4m 38s$604K$4.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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
$0
Price spread: −0.088% → +0.015%
−$10.25
Slippage, 4 orders
−$31.6
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$62.85
Costs to cover
0.526%
Break-even
never at this rate
Slippage from edgeX: live order book, 34 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 34 min ago0.97 bp5.6 bp −$68.1 bp −$81doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago10.25 bp24.9 bp −$2561.2 bp −$612doesn't fitdoesn't fit

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-USD0.0000%1h0.000005144−0.446%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005160−0.134%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005155−0.229%$60K$184K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005148−0.364%$99.4M$431.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005152−0.287%$163.1M$99.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005158−0.175%$616K$5.4Mas long as short
edgeX 1000PEPEUSDClong+0.0100%4h0.000005167long leg$28K$548K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005173+0.112%$1K$2.7M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000005167+0.003%$2K$11K10xas long as short
HTX PEPE-USDTshort+0.0100%8h0.000005162−0.088%$604K$4.2M75x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0137%8h0.000005152−0.279%$27.1M$74.4M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005165−0.033%$8K15xas long as short
Bitget PEPEUSDT+0.0242%8h0.000005151−0.306%$46.2M$220.6M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0267%1h0.000005169+0.042%$150K$835K25xas long as short
OKX PEPE-USDT-SWAP+0.0353%8h0.000005150−0.326%$47.7M$748.6M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005160−0.132%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0418%8h0.000005164−0.053%$34K$26K20xas long as short
Phemex u1000PEPEUSDT+0.0445%8h0.000005169+0.036%$2.4M$8.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0448%8h0.000005149−0.338%$6K20xas long as short
BloFin PEPE-USDT+0.0475%8h0.000005166−0.016%$4.5M$30.5M75xas long as short
Backpack kPEPE_USDC_PERP+0.0490%1h0.000005167−0.004%$78K$891K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0525%1h0.000005163−0.074%$74K$127K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005165−0.035%$684K$40.0M50xas long as short
Lighter 1000PEPE+0.0568%1h0.000005152−0.287%$618K$9.1M10xas long as short
BingX 1000PEPE-USDC+0.0676%8h0.000005159−0.155%$2.3Mas long as short
01 Exchange kPEPEUSD+0.0688%1h0.000005151−0.306%$621$2K10xas long as short
Extended 1000PEPE-USD+0.0704%1h0.000005150−0.332%$542K$280K25xas long as short
MEXC PEPE_USDT+0.0704%8h0.000005150−0.326%$101.6M$309.9M300xas long as short
Binance 1000PEPEUSDT+0.0705%8h0.000005146−0.398%$141.8M$1.50B75xas long as short
Nado kPEPE-PERP+0.0710%1h0.000005150−0.322%$164K$960K10xas long as short
Kraken Futures PF_PEPEUSD+0.0711%1h0.000005164−0.055%$4.8M$16.7M50xas long as short
Aevo 1000PEPE-PERP+0.0712%1h0.000005168+0.023%$146K3xas long as short
Aster 1000PEPEUSDT+0.0713%8h0.000005151−0.308%$1.7M$12.0M50xas long as short
Hyperliquid kPEPE+0.0886%1h0.000005164−0.055%$53.8M$159.3M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1021% / S −0.1217%1h0.000005000−3.229%$50K100xas long as short