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

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: edgeX against Variational Omni−0.507%7-day average +0.089% · 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 4 days (all we have)+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.560%+$56 · spread now −0.507%, 7d avg +0.089%
Together, before fees+0.620%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$62 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: edgeX is 0.596% cheaper against Variational Omni than usual: you would sell low and buy high, −$60 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 1000PEPE0.0000053120.0100pay 0.0100% / 8h3h 27m$747K$5.1M
ShortedgeX 1000PEPEUSDC0.0000052850.0100get 0.0050% / 4h3h 27m$29K$532K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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: −0.507% → +0.089%
−$59.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$68.55
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; edgeX: live order book, 27 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 Variational Omni RFQ quote, 2 min ago4.74 bpdoesn't fit25.6 bp −$256doesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago1.22 bp5.8 bp −$68.6 bp −$86doesn'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
dYdX PEPE-USD0.0000%1h0.000005253−1.104%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005243−1.291%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+0.290%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005261−0.952%$67K$162K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005233−1.487%$106.2M$378.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005233−1.479%$173.8M$88.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005235−1.445%$26.1M$68.3M75xas long as short
Variational Omni 1000PEPElong+0.0100%8h0.000005312long leg$747K$5.1M
edgeX 1000PEPEUSDCshort+0.0100%4h0.000005285−0.507%$29K$532K20x
SunX 1000PEPE-USDT+0.0100%8h0.000005253−1.099%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005249−1.182%$595K$3.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005252−1.127%$8K15xas long as short
Bitget PEPEUSDT+0.0293%8h0.000005239−1.363%$50.9M$190.2M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0392%8h0.000005251−1.142%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0434%8h0.000005236−1.423%$50.9M$674.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0436%8h0.000005259−0.993%$6K20xas long as short
SoDEX 1000PEPE-USD+0.0474%1h0.000005248−1.197%$2K$10K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0513%1h0.000005248−1.197%$75K$126K25xas long as short
BloFin PEPE-USDT+0.0562%8h0.000005243−1.291%$4.9M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0636%8h0.000005248−1.206%$2.5M$7.5M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005250−1.159%$705K$36.4M50xas long as short
BingX 1000PEPE-USDC+0.0763%8h0.000005236−1.417%$2.3Mas long as short
Extended 1000PEPE-USD+0.0800%1h0.000005247−1.208%$556K$231K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005249−1.178%$148K3xas long as short
MEXC PEPE_USDT+0.0802%8h0.000005240−1.351%$102.6M$295.2M300xas long as short
Binance 1000PEPEUSDT+0.0803%8h0.000005240−1.349%$152.8M$1.33B75xas long as short
Nado kPEPE-PERP+0.0878%1h0.000005258−1.006%$189K$916K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0904%1h0.000005308−0.067%$163K$808K25xas long as short
Aster 1000PEPEUSDT+0.0916%8h0.000005239−1.364%$1.9M$10.3M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0950% / S −0.1894%1h0.000005000−5.866%$65K100xas long as short
01 Exchange kPEPEUSD+0.1016%1h0.000005260−0.971%$634$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1176%1h0.000005237−1.406%$68K$724K15xas long as short
Lighter 1000PEPE+0.1272%1h0.000005246−1.234%$681K$8.7M10xas long as short
Kraken Futures PF_PEPEUSD+0.1557%1h0.000005246−1.242%$4.8M$16.4M50xas long as short
Hyperliquid kPEPE+0.1594%1h0.000005242−1.310%$57.2M$145.5M10xas long as short