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+0.0389%/8h= +42.6% APRpaid last 24h +0.038%
Price spread now: OKX against gTrade (Gains Network)+0.105%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.105% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) PEPE/USD0.000005140L +0.0006% / S −0.0008%pay 0.0001% / 1h54m 12s$4K150x
ShortOKX PEPE-USDT-SWAP0.0000051450.0395get 0.0395% / 8h54m 12s$47.5M$736.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against gTrade (Gains Network). 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
$81.71
Price spread: +0.105% → 0.000%
$10.51
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$72.22
Costs to cover
0.200%
Break-even
0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample
Sell OKX live order book, 5 min ago0.97 bp8.1 bp −$812.2 bp −$12234.5 bp −$3,450doesn't fit
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
dYdX PEPE-USD0.0000%1h0.000005138−0.022%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDlongL +0.0006% / S −0.0008%1h0.000005140long leg$4K150x
Pacifica kPEPE+0.0100%1h0.000005145+0.105%$60K$182K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005141+0.027%$100.2M$422.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005140+0.008%$163.3M$97.7M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005132−0.157%$608K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005162+0.435%$28K$543K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000005159+0.377%$150K$831K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005155+0.296%$1K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005153+0.253%$600K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0112%8h0.000005145+0.103%$26.5M$72.8M75xas long as short
SoDEX 1000PEPE-USD+0.0125%1h0.000005143+0.066%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005145+0.097%$8K15xas long as short
Bitget PEPEUSDT+0.0282%8h0.000005144+0.080%$46.2M$216.9M75xas long as short
Backpack kPEPE_USDC_PERP+0.0361%1h0.000005144+0.090%$76K$869K15xas long as short
OKX PEPE-USDT-SWAPshort+0.0395%8h0.000005145+0.105%$47.5M$736.3M50x
Orderly PERP_1000PEPE_USDC+0.0403%8h0.000005150+0.198%$34K$26K20xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005162+0.436%$8K$120K12xas long as short
Paradex kPEPE-USD-PERP+0.0511%8h0.000005143+0.075%$6K20xas long as short
BloFin PEPE-USDT+0.0516%8h0.000005150+0.202%$4.4M$29.9M75xas long as short
Phemex u1000PEPEUSDT+0.0527%8h0.000005140+0.014%$2.4M$8.1M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0528%1h0.000005148+0.163%$73K$127K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005143+0.066%$691K$38.9M50xas long as short
01 Exchange kPEPEUSD+0.0704%1h0.000005154+0.280%$622$2K10xas long as short
Kraken Futures PF_PEPEUSD+0.0714%1h0.000005141+0.034%$4.7M$16.6M50xas long as short
BingX 1000PEPE-USDC+0.0720%8h0.000005143+0.062%$2.3Mas long as short
Aster 1000PEPEUSDT+0.0736%8h0.000005145+0.096%$1.8M$11.7M50xas long as short
Binance 1000PEPEUSDT+0.0749%8h0.000005145+0.111%$141.2M$1.48B75xas long as short
Extended 1000PEPE-USD+0.0752%1h0.000005142+0.043%$539K$287K25xas long as short
Aevo 1000PEPE-PERP+0.0752%1h0.000005148+0.163%$146K3xas long as short
MEXC PEPE_USDT+0.0753%8h0.000005144+0.090%$100.7M$302.8M300xas long as short
Lighter 1000PEPE+0.0768%1h0.000005148+0.163%$614K$9.0M10xas long as short
Nado kPEPE-PERP+0.0791%1h0.000005147+0.140%$165K$954K10xas long as short
Hyperliquid kPEPE+0.0902%1h0.000005150+0.202%$53.5M$156.9M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.1782%1h0.000005000−2.716%$69K100xas long as short