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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.126%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.126% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kPEPE0.0000050080.0100pay 0.0013% / 1h9m 10s$63K$139K10x
ShortdYdX PEPE-USD0.0000050020get 0.0000% / 1h9m 10s$18K$9510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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
−$21
Price spread: −0.126% → 0.000%
−$12.58
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$51.58
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 53 min ago; dYdX: 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 Pacifica live order book, 53 min ago6.84 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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-USDshort0.0000%1h0.000005002−0.126%$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005002−0.126%$15K150xas long as short
Pacifica kPEPElong+0.0100%1h0.000005008long leg$63K$139K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005004−0.080%$97.3M$341.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.0000050080.000%$164.5M$75.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005007−0.024%$25.8M$63.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005020+0.230%$681K$4.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005022+0.274%$27K$444K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005015+0.144%$1K$2.4M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005005−0.070%$569K$3.6M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0134%8h0.000005008+0.006%$45.8M$173.2M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005005−0.059%$8K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0317%8h0.000005010+0.032%$33K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0349%8h0.0000050080.000%$45.4M$586.2M50xas long as short
BloFin PEPE-USDT+0.0467%8h0.000005009+0.020%$4.3M$25.0M75xas long as short
SoDEX 1000PEPE-USD+0.0516%1h0.000005010+0.040%$2K$12K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0542%1h0.000005020+0.240%$99K$755K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0549%1h0.0000050080.000%$71K$124K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0576%1h0.000005012+0.080%$937K$31.4M50xas long as short
BingX 1000PEPE-USDC+0.0608%8h0.000005008+0.006%$2.3Mas long as short
GMX PEPE/USD [ETH-USDC]L +0.0634% / S −0.1019%1h0.000005000−0.160%$49K100xas long as short
MEXC PEPE_USDT+0.0638%8h0.000005010+0.050%$94.4M$290.6M300xas long as short
Extended 1000PEPE-USD+0.0640%1h0.000005007−0.010%$530K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0640%1h0.000004972−0.719%$141K3xas long as short
Binance 1000PEPEUSDT+0.0644%8h0.000005006−0.036%$140.1M$1.21B75xas long as short
Aster 1000PEPEUSDT+0.0735%8h0.000005009+0.018%$1.8M$9.2M50xas long as short
Phemex u1000PEPEUSDT+0.0744%8h0.000005007−0.024%$2.4M$7.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0785%8h0.000005008+0.003%$6K20xas long as short
Nado kPEPE-PERP+0.0794%1h0.000005003−0.100%$185K$872K10xas long as short
Backpack kPEPE_USDC_PERP+0.0956%1h0.000005007−0.022%$92K$632K15xas long as short
01 Exchange kPEPEUSD+0.0960%1h0.000005012+0.080%$605$3K10xas long as short
Injective PEPE/USDC PERP+0.0973%1h0.000005011+0.060%$4K$102K12xas long as short
Lighter 1000PEPE+0.1152%1h0.000005011+0.060%$663K$8.1M10xas long as short
Kraken Futures PF_PEPEUSD+0.1390%1h0.000005007−0.021%$4.3M$15.3M50xas long as short
Hyperliquid kPEPE+0.1573%1h0.000005012+0.080%$53.6M$139.5M10xas long as short