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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.06 per $10,000 · paid last 24h −0.185%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.034%288s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.034% cheaper against 01 Exchange than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 288 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000049450.0056pay 0.0007% / 1h48m 31s$596$2K10x
ShortgTrade (Gains Network) PEPE/USD0.000004943L +0.0005% / S −0.0005%get 0.0001% / 1h48m 31s$3K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$10.77
Price spread: −0.034% → 0.000%
−$3.44
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$31.21
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): 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 01 Exchange no order-book sample
Sell gTrade (Gains Network) no order-book sample
01 Exchange and gTrade (Gains Network): 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0370%1h0.000004955+0.202%$4.6M$15.8M50xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0005% / S −0.0005%1h0.000004943−0.034%$3K150x
01 Exchange kPEPEUSDlong+0.0056%1h0.000004945long leg$596$2K10x
Lighter 1000PEPE+0.0096%1h0.000004954+0.182%$597K$9.0M10xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004951+0.128%$147K$943K10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004949+0.081%$50.1M$155.1M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004951+0.121%$57K$194K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004946+0.026%$94.1M$442.1M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004948+0.061%$152.3M$102.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004955+0.210%$24.9M$75.9M75xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PEPEUSDT+0.0100%8h0.000004947+0.038%$43.5M$231.0M75xas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004955+0.204%$75K$990K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004937−0.157%$642K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004941−0.082%$27K$571K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004944−0.020%$143K$850K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004953+0.152%$2K$2.5M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004955+0.202%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004946+0.030%$580K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004958+0.265%$2.3M$7.9M50xas long as short
Paradex kPEPE-USD-PERP+0.0110%8h0.000004945+0.002%$6K20xas long as short
OKX PEPE-USDT-SWAP+0.0126%8h0.000004948+0.061%$44.4M$720.4M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0154%1h0.000004951+0.121%$57K$115K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004938−0.145%$7K15xas long as short
BloFin PEPE-USDT+0.0252%8h0.0000049450.000%$4.3M$28.7M75xas long as short
Binance 1000PEPEUSDT+0.0260%8h0.000004948+0.066%$128.3M$1.52B75xas long as short
Extended 1000PEPE-USD+0.0264%1h0.000004946+0.029%$518K$285K25xas long as short
MEXC PEPE_USDT+0.0265%8h0.000004943−0.049%$101.8M$295.3M300xas long as short
Aevo 1000PEPE-PERP+0.0272%1h0.000004949+0.081%$140K3xas long as short
Aster 1000PEPEUSDT+0.0273%8h0.000004950+0.109%$1.7M$12.5M50xas long as short
BingX 1000PEPE-USDT+0.0273%8h0.000004949+0.071%$181.1Mas long as short
Injective PEPE/USDC PERP+0.0284%1h0.000004946+0.020%$4K$122K12xas long as short
dYdX PEPE-USD+0.0333%1h0.000004951+0.112%$25K$18K10xas long as short
Orderly PERP_1000PEPE_USDC+0.0339%8h0.000004952+0.135%$32K$30K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004950+0.101%$732K$38.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0839% / S −0.0953%1h0.000004000−19.110%$50K100xas long as short