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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1108%/8h= +121.3% APRpaid last 24h +0.124%
Price spread now: 01 Exchange against KuCoin+0.452%56s7-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 4 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 +$33 a day on $10k at the current rate, and 01 Exchange is 0.452% dearer against KuCoin than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PEPEUSDTM0.0000053090.0100pay 0.0100% / 8h3h 42m$26.9M$67.6M75x
Short01 Exchange kPEPEUSD0.0000053330.1208get 0.0151% / 1h42m 41s$643$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against KuCoin. 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
$232.68
Price spread: +0.452% → 0.000%
$45.21
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$258.89
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago2.90 bp19.1 bp −$1929.5 bp −$295doesn'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%1h0.000005295−0.263%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005313+0.077%$15K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+0.339%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005305−0.075%$69K$153K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005290−0.358%$107.8M$375.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005296−0.245%$175.8M$86.6M75xas long as short
KuCoin PEPEUSDTMlong+0.0100%8h0.000005309long leg$26.9M$67.6M75x
Variational Omni 1000PEPE+0.0100%8h0.000005314+0.086%$761K$5.1Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005342+0.630%$43K$498K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005323+0.258%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005325+0.298%$610K$3.8M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005327+0.337%$8K15xas long as short
Bitget PEPEUSDT+0.0270%8h0.000005302−0.124%$51.7M$188.5M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0381%8h0.000005321+0.230%$36K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0428%8h0.000005299−0.188%$52.4M$674.7M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0503%1h0.000005316+0.132%$75K$126K25xas long as short
BloFin PEPE-USDT+0.0556%8h0.000005322+0.245%$4.8M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0623%8h0.000005320+0.209%$2.6M$7.5M50xas long as short
SoDEX 1000PEPE-USD+0.0662%1h0.000005320+0.207%$2K$10K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005338+0.546%$732K$36.5M50xas long as short
BingX 1000PEPE-USDC+0.0764%8h0.000005298−0.200%$2.3Mas long as short
Paradex kPEPE-USD-PERP+0.0786%8h0.000005299−0.180%$6K20xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005326+0.320%$151K3xas long as short
MEXC PEPE_USDT+0.0807%8h0.000005306−0.049%$103.8M$293.1M300xas long as short
Binance 1000PEPEUSDT+0.0807%8h0.000005300−0.170%$154.5M$1.31B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005298−0.203%$562K$226K25xas long as short
Nado kPEPE-PERP+0.0875%1h0.000005327+0.342%$192K$916K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0902% / S −0.1770%1h0.000005000−5.820%$65K100xas long as short
Aster 1000PEPEUSDT+0.0938%8h0.000005310+0.017%$1.9M$9.9M50xas long as short
ApeX Omni 1000PEPEUSDT+0.1032%1h0.000005324+0.283%$176K$800K25xas long as short
01 Exchange kPEPEUSDshort+0.1208%1h0.000005333+0.452%$643$3K10x
Lighter 1000PEPE+0.1240%1h0.000005308−0.019%$690K$8.6M10xas long as short
Backpack kPEPE_USDC_PERP+0.1331%1h0.000005320+0.200%$72K$722K15xas long as short
Kraken Futures PF_PEPEUSD+0.1536%1h0.000005315+0.105%$4.9M$16.3M50xas long as short
Hyperliquid kPEPE+0.1759%1h0.000005317+0.151%$58.3M$144.5M10xas long as short