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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0344%/8h= −37.7% APRnext payment $0.43 per $10,000 · paid last 24h +0.041%
Price spread now: 01 Exchange against Extended+0.094%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 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
The price spread pays, funding is against you. 01 Exchange is 0.094% dearer against Extended than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended 1000PEPE-USD0.0000047930.0736pay 0.0092% / 1h4m 06s$526K$148K25x
Short01 Exchange kPEPEUSD0.0000047980.0392get 0.0049% / 1h4m 06s$550$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$72.24
Price spread: +0.094% → 0.000%
$9.41
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$74.83
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 14 min ago; 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 Extended live order book, 14 min ago3.13 bp7.7 bp −$845.0 bp −$450doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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-USD0.0000%1h0.000004798+0.091%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004791−0.060%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004795+0.031%$669K$6.0M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004788−0.115%$63.6M$84.3M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004799+0.115%$59K$114K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004793−0.010%$87.2M$283.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004791−0.052%$150.2M$63.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004796+0.063%$24.8M$54.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004787−0.138%$542K$4.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004783−0.224%$27K$345K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004801+0.161%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004793−0.010%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004797+0.082%$542K$3.5M75xas long as short
Bitget PEPEUSDT+0.0101%8h0.000004791−0.042%$42.1M$148.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004797+0.066%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0219%8h0.000004794+0.011%$41.3M$492.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0252%8h0.000004798+0.086%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0324%8h0.000004799+0.111%$2.3M$6.4M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0335% / S −0.0363%1h0.000004000−16.553%$42K100xas long as short
BloFin PEPE-USDT+0.0340%8h0.000004790−0.073%$3.9M$22.2M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0373%1h0.000004779−0.302%$101K$764K25xas long as short
01 Exchange kPEPEUSDshort+0.0392%1h0.000004798+0.094%$550$2K10x
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004794+0.011%$579K$25.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0448%8h0.000004794+0.015%$29K$11K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0585%1h0.000004794+0.011%$81K$94K25xas long as short
Backpack kPEPE_USDC_PERP+0.0599%1h0.000004795+0.029%$92K$615K15xas long as short
BingX 1000PEPE-USDC+0.0722%8h0.000004788−0.110%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0733%8h0.000004796+0.054%$130.6M$1.04B75xas long as short
Extended 1000PEPE-USDlong+0.0736%1h0.000004793long leg$526K$148K25x
Aevo 1000PEPE-PERP+0.0736%1h0.000004800+0.136%$136K3xas long as short
MEXC PEPE_USDT+0.0737%8h0.000004799+0.111%$92.5M$286.4M300xas long as short
Nado kPEPE-PERP+0.0741%1h0.000004797+0.081%$184K$845K10xas long as short
Aster 1000PEPEUSDT+0.0743%8h0.000004798+0.096%$1.5M$7.2M50xas long as short
Injective PEPE/USDC PERP+0.0873%1h0.000004783−0.219%$4K$103K12xas long as short
Kraken Futures PF_PEPEUSD+0.1331%1h0.000004793−0.005%$3.9M$13.3M50xas long as short