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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0362%/8h= −39.7% APRpaid last 24h +0.022%
Price spread now: SoDEX against Paradex−0.119%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 3 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 against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.119% cheaper against Paradex than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex kPEPE-USD-PERP0.0000051590.0505pay 0.0505% / 8h1h 41m$6K20x
ShortSoDEX 1000PEPE-USD0.0000051530.0143get 0.0018% / 1h41m 26s$2K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$76.07
Price spread: −0.119% → 0.000%
−$11.92
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$99.99
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; SoDEX: 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 Paradex no order-book sample
Sell SoDEX no order-book sample
Paradex and SoDEX: 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
Injective PEPE/USDC PERP−0.0016%1h0.000005154−0.100%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005156−0.068%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005154−0.100%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005159−0.003%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005160+0.013%$101.6M$415.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005154−0.100%$164.5M$96.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005162+0.053%$26.0M$72.2M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005133−0.515%$612K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005145−0.269%$28K$543K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005165+0.117%$1K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005163+0.069%$595K$4.2M75xas long as short
SoDEX 1000PEPE-USDshort+0.0143%1h0.000005153−0.119%$2K$11K10x
Reya kPEPERUSDPERP+0.0189%1h0.000005161+0.036%$8K15xas long as short
Bitget PEPEUSDT+0.0295%8h0.000005161+0.030%$46.2M$214.6M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0382%8h0.000005153−0.110%$34K$26K20xas long as short
Backpack kPEPE_USDC_PERP+0.0391%1h0.000005153−0.121%$74K$856K15xas long as short
OKX PEPE-USDT-SWAP+0.0420%8h0.000005163+0.075%$48.3M$728.8M50xas long as short
Kraken Futures PF_PEPEUSD+0.0453%1h0.000005153−0.128%$4.7M$16.8M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0456%1h0.000005149−0.197%$156K$821K25xas long as short
Paradex kPEPE-USD-PERPlong+0.0505%8h0.000005159long leg$6K20x
Deribit 1000PEPE_USDC-PERPETUAL+0.0526%1h0.000005157−0.042%$74K$127K25xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005159−0.003%$4.6M$29.6M75xas long as short
Lighter 1000PEPE+0.0560%1h0.000005164+0.094%$617K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0566%8h0.000005154−0.092%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005158−0.022%$662K$38.8M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005166+0.133%$623$3K10xas long as short
Nado kPEPE-PERP+0.0739%1h0.000005145−0.265%$164K$957K10xas long as short
BingX 1000PEPE-USDC+0.0743%8h0.000005157−0.038%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0772%8h0.000005164+0.102%$143.0M$1.45B75xas long as short
MEXC PEPE_USDT+0.0772%8h0.000005164+0.090%$99.7M$303.2M300xas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005165+0.116%$547K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0776%1h0.000005154−0.100%$146K3xas long as short
Aster 1000PEPEUSDT+0.0781%8h0.000005160+0.021%$1.8M$11.7M50xas long as short
Hyperliquid kPEPE+0.0997%1h0.000005166+0.133%$55.3M$154.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−3.085%$63K100xas long as short