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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against Paradex+0.032%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.032% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000051290.0541pay 0.0541% / 8h2h 03m$6K20x
ShortMEXC PEPE_USDT0.0000051310.0793get 0.0793% / 8h2h 03m$98.6M$305.0M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Paradex. 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
$52.89
Price spread: +0.032% → 0.000%
$3.2
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee MEXC: 0 bp × 2 orders
$0
Net
$52.09
Costs to cover
0.040%
Break-even
0.1 days
Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 6 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 Paradex no order-book sample
Sell MEXC live order book, 6 min ago0.29 bp1.3 bp −$110.5 bp −$10544.5 bp −$4,44872.4 bp −$36.2K
Paradex: 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%1h0.000005123−0.132%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0007%1h0.000005128−0.032%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005130+0.012%$59K$178K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005125−0.089%$100.2M$410.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005125−0.085%$162.3M$95.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005133+0.077%$25.9M$71.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005136+0.122%$614K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005133+0.067%$28K$540K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005140+0.200%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005126−0.067%$583K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0152%1h0.000005134+0.090%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005125−0.091%$8K15xas long as short
Bitget PEPEUSDT+0.0319%8h0.000005123−0.126%$45.5M$212.9M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0381%8h0.000005134+0.098%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0418%8h0.000005126−0.066%$47.9M$712.3M50xas long as short
Paradex kPEPE-USD-PERPlong+0.0541%8h0.000005129long leg$6K20x
BloFin PEPE-USDT+0.0548%8h0.000005127−0.046%$4.3M$29.2M75xas long as short
Lighter 1000PEPE+0.0608%1h0.000005134+0.090%$619K$9.1M10xas long as short
Phemex u1000PEPEUSDT+0.0620%8h0.000005132+0.053%$2.4M$8.0M50xas long as short
Backpack kPEPE_USDC_PERP+0.0647%1h0.000005136+0.139%$68K$843K15xas long as short
Nado kPEPE-PERP+0.0661%1h0.000005128−0.028%$161K$953K10xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005130+0.012%$619$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005137+0.149%$687K$38.0M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0703%1h0.000005129−0.007%$155K$818K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0725%1h0.000005133+0.071%$73K$127K25xas long as short
BingX 1000PEPE-USDT+0.0760%8h0.000005128−0.032%$217.1Mas long as short
Binance 1000PEPEUSDT+0.0792%8h0.000005129−0.007%$142.6M$1.44B75xas long as short
Extended 1000PEPE-USD+0.0792%1h0.000005129−0.013%$544K$281K25xas long as short
MEXC PEPE_USDTshort+0.0793%8h0.000005131+0.032%$98.6M$305.0M300x
Aevo 1000PEPE-PERP+0.0800%1h0.000005135+0.110%$145K3xas long as short
Aster 1000PEPEUSDT+0.0821%8h0.000005131+0.034%$1.8M$11.5M50xas long as short
Kraken Futures PF_PEPEUSD+0.0832%1h0.000005133+0.071%$4.7M$16.8M50xas long as short
Hyperliquid kPEPE+0.1027%1h0.000005133+0.071%$54.8M$153.7M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1131% / S −0.2351%1h0.000005000−2.522%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005131+0.032%$10K$119K12xas long as short