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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0752%/8h= −82.3% APRnext payment $0.94 per $10,000 · paid last 24h −0.129%
Price spread now: gTrade (Gains Network) against Extended−0.177%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 3 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
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and gTrade (Gains Network) is 0.177% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000051130.0760pay 0.0095% / 1h13m 17s$541K$280K25x
ShortgTrade (Gains Network) PEPE/USD0.000005104L +0.0006% / S −0.0008%get 0.0001% / 1h13m 17s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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
−$157.83
Price spread: −0.177% → 0.000%
−$17.66
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$190.49
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 29 min ago; gTrade (Gains Network): 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 Extended live order book, 29 min ago2.91 bp7.3 bp −$741.0 bp −$410doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Injective PEPE/USDC PERP−0.0016%1h0.000005095−0.343%$8K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005099−0.264%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005104−0.177%$4K150x
Pacifica kPEPE+0.0100%1h0.000005098−0.284%$59K$181K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005115+0.048%$99.7M$419.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005101−0.226%$162.4M$97.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005106−0.132%$25.9M$72.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005097−0.311%$597K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005097−0.297%$28K$544K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005098−0.288%$1K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005111−0.034%$593K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0134%1h0.000005113+0.009%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005106−0.131%$8K15xas long as short
Bitget PEPEUSDT+0.0284%8h0.000005114+0.035%$45.8M$216.0M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0334%1h0.000005099−0.265%$148K$829K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0338%1h0.000005109−0.069%$73K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0393%8h0.000005115+0.048%$47.2M$727.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0396%8h0.000005111−0.034%$34K$26K20xas long as short
Backpack kPEPE_USDC_PERP+0.0429%1h0.000005092−0.402%$73K$860K15xas long as short
Kraken Futures PF_PEPEUSD+0.0457%1h0.000005112−0.013%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0505%8h0.000005097−0.297%$6K20xas long as short
BloFin PEPE-USDT+0.0513%8h0.000005114+0.029%$4.4M$29.4M75xas long as short
Phemex u1000PEPEUSDT+0.0529%8h0.000005104−0.175%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005116+0.068%$677K$38.6M50xas long as short
01 Exchange kPEPEUSD+0.0672%1h0.000005108−0.089%$616$3K10xas long as short
Lighter 1000PEPE+0.0688%1h0.000005115+0.048%$609K$9.1M10xas long as short
BingX 1000PEPE-USDC+0.0731%8h0.000005111−0.038%$2.3Mas long as short
Nado kPEPE-PERP+0.0746%1h0.000005104−0.174%$164K$959K10xas long as short
Aster 1000PEPEUSDT+0.0753%8h0.000005108−0.083%$1.7M$11.7M50xas long as short
MEXC PEPE_USDT+0.0758%8h0.000005110−0.049%$99.1M$305.9M300xas long as short
Binance 1000PEPEUSDT+0.0759%8h0.000005112−0.013%$140.5M$1.47B75xas long as short
Extended 1000PEPE-USDlong+0.0760%1h0.000005113long leg$541K$280K25x
Aevo 1000PEPE-PERP+0.0760%1h0.000005117+0.087%$145K3xas long as short
Hyperliquid kPEPE+0.0941%1h0.000005109−0.069%$52.9M$156.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2249%1h0.000005000−2.201%$64K100xas long as short