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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0574%/8h= −62.9% APRnext payment $0.72 per $10,000 · paid last 24h −0.141%
Price spread now: SoDEX against Kraken Futures+0.017%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PEPEUSD0.0000050360.0848pay 0.0106% / 1h44m 52s$4.6M$16.7M50x
ShortSoDEX 1000PEPE-USD0.0000050370.0274get 0.0034% / 1h44m 52s$2K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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
−$120.59
Price spread: +0.017% → 0.000%
$1.75
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$136.84
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; SoDEX: 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 Kraken Futures live order book, 4 min ago5.18 bp16.2 bp −$1624.8 bp −$24867.8 bp −$6,785doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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%1h0.000005035−0.020%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005030−0.114%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005040+0.077%$59K$176K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005040+0.085%$99.2M$400.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005031−0.102%$163.0M$92.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005035−0.024%$25.2M$70.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005051+0.288%$595K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005030−0.118%$28K$538K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005041+0.099%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005035−0.014%$566K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005047+0.208%$8K15xas long as short
SoDEX 1000PEPE-USDshort+0.0274%1h0.000005037+0.017%$2K$10K10x
Bitget PEPEUSDT+0.0345%8h0.000005042+0.125%$45.5M$209.0M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0412%8h0.000005038+0.035%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0417%8h0.000005045+0.176%$46.7M$683.8M50xas long as short
BloFin PEPE-USDT+0.0537%8h0.000005042+0.117%$4.5M$28.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0545%1h0.000005036−0.002%$72K$127K25xas long as short
Paradex kPEPE-USD-PERP+0.0553%8h0.000005049+0.261%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0649%8h0.000005033−0.070%$2.4M$7.8M50xas long as short
Lighter 1000PEPE+0.0680%1h0.000005042+0.117%$600K$9.0M10xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005045+0.176%$609$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005039+0.057%$620K$36.8M50xas long as short
Backpack kPEPE_USDC_PERP+0.0707%1h0.000005037+0.014%$73K$829K15xas long as short
Nado kPEPE-PERP+0.0765%1h0.000005042+0.125%$167K$942K10xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005042+0.125%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005038+0.037%$142K3xas long as short
MEXC PEPE_USDT+0.0807%8h0.000005040+0.075%$98.1M$299.4M300xas long as short
Binance 1000PEPEUSDT+0.0808%8h0.000005042+0.110%$142.4M$1.40B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005036−0.007%$533K$277K25xas long as short
Kraken Futures PF_PEPEUSDlong+0.0848%1h0.000005036long leg$4.6M$16.7M50x
Aster 1000PEPEUSDT+0.0876%8h0.000005040+0.077%$1.8M$11.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0935%1h0.000005027−0.181%$154K$813K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1067% / S −0.1982%1h0.000005000−0.717%$64K100xas long as short
Hyperliquid kPEPE+0.1137%1h0.000005042+0.117%$53.5M$150.8M10xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034−0.042%$3K$111K12xas long as short