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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: edgeX against HTX+0.604%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs+$28as in the Price arb table
costs, in and out, $10k−$340.343% 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)−0.920%−$92 · spread now +0.604%, 7d avg −0.014%
Together, before fees−0.911%+ Points / potential airdropedgeX: Active · farm board−$91 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: edgeX is 0.619% dearer against HTX than usual: you sell high and buy low, +$62 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000050570.0100pay 0.0100% / 8h7h 32m$595K$4.3M75x
ShortedgeX 1000PEPEUSDC0.0000050880.0100get 0.0050% / 4h3h 32m$28K$551K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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: +0.604% → −0.014%
$61.85
Slippage, 4 orders
−$13.31
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$27.55
Costs to cover
0.343%
Break-even
from the start
Slippage from HTX: live order book, 1 min ago; edgeX: live order book, 1 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 HTX live order book, 1 min ago1.58 bp14.7 bp −$1526.6 bp −$26672.0 bp −$7,203doesn't fit
Sell edgeX live order book, 1 min ago1.28 bp5.9 bp −$68.4 bp −$84doesn'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
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005065+0.166%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005050−0.138%$59K$186K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005010−0.935%$97.0M$438.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005005−1.028%$158.9M$99.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005087+0.587%$637K$5.4Mas long as short
edgeX 1000PEPEUSDCshort+0.0100%4h0.000005088+0.604%$28K$551K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005071+0.269%$2K$2.7M20xas long as short
HTX PEPE-USDTlong+0.0100%8h0.000005057long leg$595K$4.3M75x
Injective PEPE/USDC PERP+0.0147%1h0.000005088+0.613%$7K$121K12xas long as short
KuCoin PEPEUSDTM+0.0164%8h0.000005029−0.560%$26.3M$74.8M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0167%1h0.000005063+0.119%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005014−0.852%$8K15xas long as short
Bitget PEPEUSDT+0.0199%8h0.000005011−0.910%$45.2M$222.9M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0315%1h0.000005102+0.890%$150K$839K25xas long as short
OKX PEPE-USDT-SWAP+0.0321%8h0.000005018−0.771%$45.2M$737.4M50xas long as short
Backpack kPEPE_USDC_PERP+0.0402%1h0.000005062+0.099%$97K$909K15xas long as short
Paradex kPEPE-USD-PERP+0.0408%8h0.000005056−0.019%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0422%8h0.000005063+0.125%$2.3M$8.1M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0435%8h0.000005022−0.696%$33K$30K20xas long as short
BloFin PEPE-USDT+0.0444%8h0.000005070+0.257%$4.4M$30.2M75xas long as short
Hyperliquid kPEPE+0.0463%1h0.000005017−0.791%$52.0M$160.6M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005055−0.040%$671K$39.3M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0541%1h0.000005061+0.079%$72K$128K25xas long as short
01 Exchange kPEPEUSD+0.0544%1h0.000005033−0.475%$607$2K10xas long as short
Lighter 1000PEPE+0.0616%1h0.0000050570.000%$604K$9.0M10xas long as short
Kraken Futures PF_PEPEUSD+0.0626%1h0.000005061+0.080%$4.8M$16.8M50xas long as short
BingX 1000PEPE-USDT+0.0629%8h0.000005011−0.902%$176.8Mas long as short
Binance 1000PEPEUSDT+0.0651%8h0.000005016−0.805%$138.4M$1.52B75xas long as short
MEXC PEPE_USDT+0.0654%8h0.000005012−0.884%$97.9M$308.0M300xas long as short
Extended 1000PEPE-USD+0.0656%1h0.000005033−0.481%$530K$284K25xas long as short
Aevo 1000PEPE-PERP+0.0656%1h0.000005051−0.119%$143K3xas long as short
Aster 1000PEPEUSDT+0.0670%8h0.000005019−0.743%$1.7M$12.0M50xas long as short
Nado kPEPE-PERP+0.0695%1h0.000005010−0.936%$157K$967K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0972% / S −0.1091%1h0.000005000−1.127%$50K100xas long as short
dYdX PEPE-USD+0.2817%1h0.000005048−0.184%$19K$2K10xas long as short