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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.127%
Price spread now: Pacifica against Extended−0.138%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.097%−$10 on $10k
Price spread, last 4 days (all we have)+0.245%+$25 · spread now −0.138%, 7d avg +0.045%
Together, before fees+0.148%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$15 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: Pacifica is 0.183% cheaper against Extended than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000049290.0104pay 0.0013% / 1h49m 54s$517K$288K25x
ShortPacifica kPEPE0.0000049220.0100get 0.0013% / 1h49m 54s$58K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$0.84
Price spread: −0.138% → +0.045%
−$18.33
Slippage, 4 orders
−$26.89
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$59.06
Costs to cover
0.399%
Break-even
never at this rate
Slippage from Extended: live order book, 56 min ago; Pacifica: live order book, 56 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 Extended live order book, 56 min ago3.04 bp7.6 bp −$844.3 bp −$443doesn't fitdoesn't fit
Sell Pacifica live order book, 56 min ago5.06 bp12.8 bp −$1322.6 bp −$226doesn't fitdoesn't fit

PEPE on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0233%1h0.000004937+0.164%$4.6M$16.1M50xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004942+0.273%$3K150xas long as short
01 Exchange kPEPEUSD+0.0048%1h0.000004931+0.044%$595$2K10xas long as short
Lighter 1000PEPE+0.0096%1h0.000004938+0.186%$600K$9.0M10xas long as short
Aevo 1000PEPE-PERP+0.0096%1h0.000004942+0.267%$140K3xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004939+0.205%$139K$952K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004939+0.206%$50.1M$155.4M10xas long as short
Pacifica kPEPEshort+0.0100%1h0.000004922−0.138%$58K$198K10x
Binance 1000PEPEUSDT+0.0100%8h0.000004941+0.247%$127.3M$1.53B75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004939+0.198%$92.4M$446.3M50xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PEPE-USDT-SWAP+0.0100%8h0.000004933+0.085%$44.1M$720.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004934+0.105%$149.5M$103.2M75xas long as short
MEXC PEPE_USDT+0.0100%8h0.000004939+0.196%$99.3M$290.9M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004939+0.204%$24.4M$76.2M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004930+0.026%$43.6M$234.9M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004939+0.200%$75K$996K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004914−0.297%$637K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004925−0.071%$26K$573K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004928−0.017%$109K$871K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004937+0.166%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004942+0.267%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004940+0.229%$580K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004941+0.245%$2.3M$8.1M50xas long as short
BingX 1000PEPE-USDT+0.0103%8h0.000004938+0.194%$180.6Mas long as short
Extended 1000PEPE-USDlong+0.0104%1h0.000004929long leg$517K$288K25x
Paradex kPEPE-USD-PERP+0.0105%8h0.000004926−0.061%$6K20xas long as short
Aster 1000PEPEUSDT+0.0108%8h0.000004945+0.335%$1.7M$12.6M50xas long as short
Injective PEPE/USDC PERP+0.0176%1h0.000004904−0.504%$3K$123K12xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004937+0.174%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004911−0.362%$4.2M$28.3M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0261%8h0.000004941+0.243%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0320%1h0.000004936+0.146%$704K$38.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0358%1h0.000004941+0.247%$61K$119K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0749% / S −0.0835%1h0.000004000−18.845%$50K100xas long as short
dYdX PEPE-USD+0.5017%1h0.000004921−0.158%$25K$18K10xas long as short