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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Pacifica+0.094%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$700.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.094%, 7d avg +0.013%
Together, before fees+0.020%+ Points / potential airdropPacifica: Active · farm board+$2 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: HTX is 0.081% dearer against Pacifica than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kPEPE0.0000052110.0100pay 0.0013% / 1h21m 59s$66K$162K10x
ShortHTX PEPE-USDT0.0000052160.0100get 0.0100% / 8h3h 21m$585K$3.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.094% → +0.013%
$8.08
Slippage, 4 orders
−$49.71
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$61.62
Costs to cover
0.697%
Break-even
never at this rate
Slippage from Pacifica: live order book, 31 min ago; HTX: live order book, 2 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 Pacifica live order book, 31 min ago7.49 bp16.1 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 2 min ago6.49 bp20.6 bp −$2131.4 bp −$314101.9 bp −$10.2Kdoesn'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
dYdX PEPE-USD0.0000%1h0.000005200−0.202%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005205−0.113%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+2.226%$3K$111K12xas long as short
Pacifica kPEPElong+0.0100%1h0.000005211long leg$66K$162K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005206−0.106%$106.5M$381.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005212+0.019%$172.0M$88.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005213+0.044%$25.9M$68.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005215+0.068%$677K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005260+0.938%$29K$533K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005213+0.040%$1K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDTshort+0.0100%8h0.000005216+0.094%$585K$3.9M75x
Reya kPEPERUSDPERP+0.0189%1h0.000005203−0.150%$8K15xas long as short
Bitget PEPEUSDT+0.0305%8h0.000005210−0.012%$50.6M$190.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0399%8h0.000005214+0.058%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0435%8h0.000005207−0.077%$50.4M$673.4M50xas long as short
Paradex kPEPE-USD-PERP+0.0459%8h0.000005210−0.015%$6K20xas long as short
SoDEX 1000PEPE-USD+0.0481%1h0.000005223+0.230%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0562%8h0.000005240+0.557%$4.9M$28.3M75xas long as short
Phemex u1000PEPEUSDT+0.0678%8h0.000005222+0.209%$2.5M$7.6M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0711%1h0.000005210−0.019%$74K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005220+0.173%$723K$36.2M50xas long as short
BingX 1000PEPE-USDC+0.0761%8h0.000005215+0.073%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005210−0.019%$147K3xas long as short
MEXC PEPE_USDT+0.0804%8h0.000005215+0.081%$99.3M$296.1M300xas long as short
Binance 1000PEPEUSDT+0.0804%8h0.000005213+0.036%$151.8M$1.33B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005210−0.013%$553K$231K25xas long as short
ApeX Omni 1000PEPEUSDT+0.0843%1h0.000005254+0.825%$161K$808K25xas long as short
Nado kPEPE-PERP+0.0890%1h0.000005205−0.123%$187K$916K10xas long as short
Aster 1000PEPEUSDT+0.0913%8h0.000005215+0.073%$1.8M$10.3M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0964% / S −0.1931%1h0.000005000−4.049%$64K100xas long as short
01 Exchange kPEPEUSD+0.0984%1h0.000005209−0.038%$628$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1149%1h0.000005215+0.077%$68K$724K15xas long as short
Lighter 1000PEPE+0.1224%1h0.000005226+0.288%$632K$8.8M10xas long as short
Hyperliquid kPEPE+0.1564%1h0.000005219+0.154%$56.8M$145.8M10xas long as short
Kraken Futures PF_PEPEUSD+0.1565%1h0.000005218+0.135%$4.8M$16.4M50xas long as short