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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0376%/8h= −41.2% APRnext payment $0.47 per $10,000 · paid last 24h −0.038%
Price spread now: Extended against 01 Exchange+0.123%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 airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.123% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000051290.1120pay 0.0140% / 1h19m 48s$619$3K10x
ShortExtended 1000PEPE-USD0.0000051350.0744get 0.0093% / 1h19m 48s$544K$226K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against 01 Exchange. 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
−$78.96
Price spread: +0.123% → 0.000%
$12.26
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$78.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 38 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 01 Exchange no order-book sample
Sell Extended live order book, 38 min ago2.98 bp7.4 bp −$743.1 bp −$431doesn't fitdoesn't fit
01 Exchange: 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%1h0.000005126−0.058%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005112−0.326%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005134+0.097%$65K$144K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005128−0.019%$99.5M$358.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005125−0.078%$166.9M$81.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005136+0.129%$26.0M$65.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005124−0.106%$801K$4.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005152+0.443%$42K$463K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005123−0.107%$2K$2.5M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005135+0.125%$583K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005119−0.196%$8K15xas long as short
Bitget PEPEUSDT+0.0208%8h0.000005130+0.021%$47.4M$180.0M75xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005173+0.858%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0354%8h0.000005116−0.259%$34K$24K20xas long as short
OKX PEPE-USDT-SWAP+0.0382%8h0.000005134+0.097%$48.3M$625.9M50xas long as short
BloFin PEPE-USDT+0.0502%8h0.000005143+0.273%$4.4M$26.4M75xas long as short
Phemex u1000PEPEUSDT+0.0601%8h0.000005129−0.002%$2.6M$7.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005125−0.078%$946K$33.8M50xas long as short
BingX 1000PEPE-USDT+0.0704%8h0.000005133+0.086%$262.9Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0729%1h0.000005114−0.292%$72K$125K25xas long as short
ApeX Omni 1000PEPEUSDT+0.0742%1h0.000005185+1.092%$103K$744K25xas long as short
MEXC PEPE_USDT+0.0743%8h0.000005137+0.156%$98.5M$291.2M300xas long as short
Binance 1000PEPEUSDT+0.0744%8h0.000005136+0.140%$146.8M$1.26B75xas long as short
Extended 1000PEPE-USDshort+0.0744%1h0.000005135+0.123%$544K$226K25x
Aevo 1000PEPE-PERP+0.0744%1h0.000005167+0.741%$146K3xas long as short
SoDEX 1000PEPE-USD+0.0751%1h0.000005120−0.175%$2K$10K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0785% / S −0.1571%1h0.000005000−2.515%$62K100xas long as short
Paradex kPEPE-USD-PERP+0.0799%8h0.000005131+0.045%$6K20xas long as short
Lighter 1000PEPE+0.0832%1h0.000005122−0.136%$589K$8.3M10xas long as short
Aster 1000PEPEUSDT+0.0843%8h0.000005130+0.013%$1.8M$9.6M50xas long as short
Nado kPEPE-PERP+0.0934%1h0.000005122−0.128%$187K$899K10xas long as short
01 Exchange kPEPEUSDlong+0.1120%1h0.000005129long leg$619$3K10x
Backpack kPEPE_USDC_PERP+0.1155%1h0.0000051290.000%$93K$666K15xas long as short
Kraken Futures PF_PEPEUSD+0.1273%1h0.000005116−0.249%$4.6M$16.0M50xas long as short
Hyperliquid kPEPE+0.1581%1h0.000005137+0.156%$55.4M$142.1M10xas long as short