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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0232%/8h= −25.4% APRpaid last 24h −0.122%
Price spread now: Orderly against 01 Exchange−0.006%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000050050.0632pay 0.0079% / 1h28m 40s$604$3K10x
ShortOrderly PERP_1000PEPE_USDC0.0000050050.0400get 0.0400% / 8h2h 28m$33K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$48.66
Price spread: −0.006% → 0.000%
−$0.6
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$62.26
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Orderly: 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 Orderly no order-book sample
01 Exchange and Orderly: 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%1h0.000004985−0.406%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000005000−0.092%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000004990−0.300%$57K$177K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004984−0.424%$97.7M$404.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004987−0.360%$160.7M$94.0M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004995−0.196%$24.8M$70.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005001−0.085%$599K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005003−0.031%$27K$538K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005008+0.062%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000004998−0.146%$559K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005004−0.018%$8K15xas long as short
SoDEX 1000PEPE-USD+0.0189%1h0.000005004−0.020%$2K$10K10xas long as short
Bitget PEPEUSDT+0.0336%8h0.000004986−0.370%$44.7M$209.9M75xas long as short
Orderly PERP_1000PEPE_USDCshort+0.0400%8h0.000005005−0.006%$33K$26K20x
OKX PEPE-USDT-SWAP+0.0417%8h0.000004990−0.300%$46.1M$681.2M50xas long as short
BloFin PEPE-USDT+0.0543%8h0.000005004−0.020%$4.4M$27.9M75xas long as short
Paradex kPEPE-USD-PERP+0.0544%8h0.000004990−0.302%$6K20xas long as short
Backpack kPEPE_USDC_PERP+0.0619%1h0.000005000−0.090%$73K$830K15xas long as short
01 Exchange kPEPEUSDlong+0.0632%1h0.000005005long leg$604$3K10x
Phemex u1000PEPEUSDT+0.0636%8h0.000005007+0.042%$2.4M$7.9M50xas long as short
Lighter 1000PEPE+0.0640%1h0.000004993−0.240%$592K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000004995−0.200%$635K$36.6M50xas long as short
Nado kPEPE-PERP+0.0748%1h0.000004998−0.148%$165K$942K10xas long as short
BingX 1000PEPE-USDT+0.0759%8h0.000004987−0.362%$239.0Mas long as short
ApeX Omni 1000PEPEUSDT+0.0764%1h0.0000050050.000%$154K$813K25xas long as short
Extended 1000PEPE-USD+0.0784%1h0.000004988−0.331%$528K$277K25xas long as short
Binance 1000PEPEUSDT+0.0786%8h0.000004990−0.300%$139.9M$1.41B75xas long as short
MEXC PEPE_USDT+0.0786%8h0.000004988−0.338%$95.0M$301.7M300xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000005006+0.020%$142K3xas long as short
Aster 1000PEPEUSDT+0.0839%8h0.000004989−0.319%$1.7M$11.2M50xas long as short
Kraken Futures PF_PEPEUSD+0.0854%1h0.000005001−0.085%$4.6M$16.8M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0950%1h0.000005008+0.060%$71K$127K25xas long as short
Hyperliquid kPEPE+0.0998%1h0.000004997−0.160%$52.6M$152.0M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1114% / S −0.2090%1h0.000005000−0.100%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000004992−0.260%$3K$111K12xas long as short