ArbiLayer

PEPE arbitrage

live

Live Pepe price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.04%Variational → Binance · Perp–Perp
Best perp–perp spread+0.20%Variational → Binance
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.34%$0.000004 – $0.00000402

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

PEPE price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · PEPE-USDT-SWAPPerpetual $0.00000401$0.00000401$0.00000401-0.03% +0.028%$115.97M
MEXC logoMEXCPerpetual · PEPE_USDTPerpetual $0.00000401$0.00000401$0.00000401-0.01% +0.019%$112.65M
Bybit logoBybitPerpetual · 1000PEPEUSDTPerpetual $0.00000401$0.00000401$0.00000401-0.05% +0.026%$60.36M
Bitget logoBitgetPerpetual · PEPEUSDTPerpetual $0.00000401$0.00000401$0.00000401-0.02% +0.005%$35.92M
KuCoin logoKuCoinPerpetual · PEPEUSDTMPerpetual $0.00000401$0.00000401$0.00000401-0.02% +0.030%$32.56M
Hyperliquid logoHyperliquidPerpetual · KPEPEPerpetual $0.00000401$0.00000401$0.00000401-0.04% +0.030%$17.37M
OKX logoOKXSpot · PEPE-USDTSpot $0.00000401$0.00000401$0.00000401+0.05% —$14.72M
KuCoin logoKuCoinSpot · PEPE-USDTSpot $0.00000401$0.00000401$0.00000401+0.02% —$8.08M
Gate logoGateSpot · PEPE_USDTSpot $0.00000401$0.00000401$0.00000401+0.05% —$7.80M
Bybit logoBybitSpot · PEPEUSDTSpot $0.00000401$0.00000401$0.00000401+0.02% —$6.71M
Bitget logoBitgetSpot · PEPEUSDTSpot $0.00000401$0.00000401$0.00000401-0.00% —$2.98M
HTX logoHTXPerpetual · PEPE-USDTPerpetual $0.00000401$0.00000402$0.00000401+0.04% +0.030%$2.22M
Gate logoGatePerpetual · PEPE_USDTPerpetual $0.00000401$0.00000401$0.00000401-0.00% +0.030%$452.1K
Variational logoVariationalPerpetual · 1000PEPEPerpetual $0.000004$0.000004$0.000004-0.25% +0.030%$272.3K
Binance logoBinancePerpetual · 1000PEPEUSDTPerpetual $0.00000401$0.00000401$0.00000401+0.01% +0.020%—
Aster logoAsterPerpetual · 1000PEPEUSDTPerpetual $0.00000401$0.00000401$0.00000401+0.00% +0.030%—
Binance logoBinanceSpot · PEPEUSDTSpot $0.00000401$0.00000402$0.00000402+0.08% ——
MEXC logoMEXCSpot · PEPEUSDTSpot $0.00000401$0.00000401$0.00000401+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PEPE arbitrage explained

Right now Pepe (PEPE) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.000004 and the highest bid on OKX spot at $0.00000401.

The widest PEPE perpetual spread is between Variational and Binance: long PEPE on Variational at $0.000004 and short on Binance at $0.00000401 for +0.20% gross, or +0.04% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.010% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best PEPE route is to buy spot on Bitget and short the perpetual on Binance: 0.00% gross, -0.20% net, with +0.020% a day of funding on the short leg.

Spot–spot PEPE arbitrage (buy on Bitget, withdraw, deposit and sell on OKX) shows +0.02% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small PEPE gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: PEPE funding rates · PEPE spread charts · Pepe price · arbitrage scanner for all coins.

Is there a PEPE arbitrage opportunity right now?

The best PEPE route right now is to buy on Variational → sell on Binance (Perp–Perp): +0.20% gross and +0.04% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest PEPE?

Variational (perp) has the lowest PEPE ask at $0.000004, and OKX (spot) the highest bid at $0.00000401. Prices update every 15 seconds on this page.

How many exchanges list PEPE?

ArbiLayer tracks 18 PEPE markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage PEPE without transferring coins?

Use two perpetual contracts: go long PEPE on the cheaper exchange (Variational now) and short it on the more expensive one (Binance), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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