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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Pacifica+0.701%52s7-day average −0.100% · 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)−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.671%−$67 · spread now +0.701%, 7d avg −0.100%
Together, before fees−0.724%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board−$72 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: Variational Omni is 0.801% dearer against Pacifica than usual: you sell high and buy low, +$80 on $10k if it goes back to its 7-day average of −0.100%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kPEPE0.0000050780.0100pay 0.0013% / 1h32m 45s$59K$181K10x
ShortVariational Omni 1000PEPE0.0000051140.0100get 0.0100% / 8h1h 32m$611K$5.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.701% → −0.100%
$80.08
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$72.08
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 10 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 10 min ago6.80 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago4.92 bpdoesn't fit10.8 bp −$108doesn'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
Injective PEPE/USDC PERP−0.0016%1h0.000005077−0.020%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005069−0.178%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005073−0.093%$4K150xas long as short
Pacifica kPEPElong+0.0100%1h0.000005078long leg$59K$181K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005068−0.197%$99.2M$418.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005073−0.098%$161.6M$96.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005076−0.037%$25.7M$72.3M75xas long as short
Variational Omni 1000PEPEshort+0.0100%8h0.000005114+0.701%$611K$5.3M
edgeX 1000PEPEUSDC+0.0100%4h0.000005128+0.977%$28K$542K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005086+0.154%$1K$2.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005077−0.026%$587K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0163%1h0.000005080+0.039%$2K$11K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0188%1h0.000005132+1.063%$155K$822K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005079+0.021%$8K15xas long as short
Bitget PEPEUSDT+0.0292%8h0.000005076−0.037%$45.4M$215.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0341%1h0.0000050780.000%$72K$127K25xas long as short
Backpack kPEPE_USDC_PERP+0.0385%1h0.000005079+0.028%$72K$858K15xas long as short
Orderly PERP_1000PEPE_USDC+0.0388%8h0.000005081+0.055%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0409%8h0.000005068−0.197%$47.2M$719.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0460%1h0.000005078−0.003%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0498%8h0.000005079+0.014%$6K20xas long as short
BloFin PEPE-USDT+0.0535%8h0.000005077−0.020%$4.5M$29.2M75xas long as short
Lighter 1000PEPE+0.0568%1h0.000005081+0.059%$606K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0579%8h0.000005081+0.051%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005083+0.098%$687K$38.4M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005083+0.098%$613$3K10xas long as short
BingX 1000PEPE-USDT+0.0732%8h0.000005080+0.037%$217.7Mas long as short
MEXC PEPE_USDT+0.0765%8h0.000005080+0.032%$97.1M$304.2M300xas long as short
Binance 1000PEPEUSDT+0.0766%8h0.000005070−0.154%$139.1M$1.46B75xas long as short
Aster 1000PEPEUSDT+0.0766%8h0.000005071−0.135%$1.8M$11.7M50xas long as short
Nado kPEPE-PERP+0.0768%1h0.000005076−0.033%$163K$959K10xas long as short
Extended 1000PEPE-USD+0.0768%1h0.000005078−0.009%$538K$279K25xas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005082+0.079%$144K3xas long as short
Hyperliquid kPEPE+0.0964%1h0.000005081+0.059%$53.0M$156.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−1.536%$63K100xas long as short