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

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0564%/8h= −61.8% APRnext payment $0.70 per $10,000 · paid last 24h −0.045%
Price spread now: SoDEX against 01 Exchange−0.080%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 feesneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SoDEX is 0.080% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange kPEPEUSD0.0000050270.0664pay 0.0083% / 1h2m 40s$1K$2K10x
ShortSoDEX 1000PEPE-USD0.0000050230.0100get 0.0013% / 1h2m 40s$2K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$118.44
Price spread: −0.080% → 0.000%
−$7.96
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$141.4
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell SoDEX no order-book sample
01 Exchange 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
Kraken Futures PF_PEPEUSD−0.0117%1h0.000005021−0.127%$3.9M$14.3M50xas long as short
dYdX PEPE-USD0.0000%1h0.000005002−0.504%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005020−0.141%$3K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005002−0.497%$59K$120K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004994−0.656%$95.2M$312.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004993−0.676%$160.6M$69.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005010−0.344%$25.4M$58.0M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004982−0.901%$44.0M$156.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005053+0.509%$591K$4.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005083+1.119%$46K$386K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000005026−0.020%$1K$2.4M20xas long as short
SoDEX 1000PEPE-USDshort+0.0100%1h0.000005023−0.080%$2K$12K10x
HTX PEPE-USDT+0.0100%8h0.000005023−0.074%$565K$3.5M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000005021−0.127%$2.4M$6.8M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005023−0.074%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0191%8h0.000004992−0.696%$44.6M$543.5M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0235%1h0.000005063+0.716%$111K$752K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0271%8h0.000005030+0.058%$32K$22K20xas long as short
Paradex kPEPE-USD-PERP+0.0307%8h0.000004990−0.740%$6K$1620xas long as short
BloFin PEPE-USDT+0.0313%8h0.000005013−0.278%$4.1M$24.4M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0347%1h0.000005028+0.020%$61K$114K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000005023−0.080%$630K$28.1M50xas long as short
BingX 1000PEPE-USDC+0.0459%8h0.000004985−0.826%$2.3Mas long as short
Extended 1000PEPE-USD+0.0472%1h0.000004984−0.862%$549K$199K25xas long as short
Aevo 1000PEPE-PERP+0.0472%1h0.000005021−0.119%$142K3xas long as short
Binance 1000PEPEUSDT+0.0473%8h0.000005006−0.428%$138.4M$1.13B75xas long as short
MEXC PEPE_USDT+0.0475%8h0.000005005−0.432%$96.4M$293.4M300xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0501% / S −0.0406%1h0.000005000−0.537%$63K100xas long as short
Aster 1000PEPEUSDT+0.0530%8h0.000005017−0.197%$1.7M$7.8M50xas long as short
Nado kPEPE-PERP+0.0590%1h0.000005021−0.116%$188K$867K10xas long as short
Lighter 1000PEPE+0.0624%1h0.000005015−0.239%$649K$6.9M10xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000005069+0.835%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0663%1h0.000005020−0.129%$95K$601K15xas long as short
01 Exchange kPEPEUSDlong+0.0664%1h0.000005027long leg$1K$2K10x
Hyperliquid kPEPE+0.2300%1h0.000005028+0.020%$56.0M$133.2M10xas long as short