ArbiLayer

PEPE arbitrage

live

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

Best net spread+0.00%Variational → HTX · Perp–Perp
Best perp–perp spread+0.16%Variational → HTX
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.29%$0.00000402 – $0.00000404

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitgetspot$0.00000403HTX logoHTX$0.00000403 +0.01%-0.19% +0.02%— +0.030%— LS Chart →
Bybit logoBybitspot$0.00000403HTX logoHTX$0.00000403 -0.01%-0.21% +0.00%— +0.030%— LS Chart →
OKX logoOKXspot$0.00000403HTX logoHTX$0.00000403 -0.01%-0.21% +0.00%— +0.030%— LS Chart →
Gate logoGatespot$0.00000403HTX logoHTX$0.00000403 -0.01%-0.21% +0.00%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.00000403HTX logoHTX$0.00000403 -0.01%-0.21% +0.00%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.00000403HTX logoHTX$0.00000403 -0.01%-0.21% +0.00%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.00000403Binance logoBinance$0.00000403 -0.03%-0.23% -0.04%— -0.027%— LS Chart →
Bitget logoBitgetspot$0.00000403MEXC logoMEXC$0.00000403 -0.03%-0.23% -0.04%— -0.028%— LS Chart →
Bitget logoBitgetspot$0.00000403Bitget logoBitget$0.00000403 -0.03%-0.23% -0.04%— -0.015%— LS Chart →
Bitget logoBitgetspot$0.00000403Aster logoAster$0.00000403 -0.04%-0.24% -0.03%— +0.010%— LS Chart →
Bybit logoBybitspot$0.00000403Binance logoBinance$0.00000403 -0.05%-0.25% -0.06%— -0.027%— LS Chart →
OKX logoOKXspot$0.00000403Binance logoBinance$0.00000403 -0.05%-0.25% -0.06%— -0.027%— LS Chart →
Gate logoGatespot$0.00000403Binance logoBinance$0.00000403 -0.05%-0.25% -0.06%— -0.027%— LS Chart →
MEXC logoMEXCspot$0.00000403Binance logoBinance$0.00000403 -0.05%-0.25% -0.06%— -0.027%— LS Chart →
KuCoin logoKuCoinspot$0.00000403Binance logoBinance$0.00000403 -0.05%-0.25% -0.06%— -0.027%— LS Chart →
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
MEXC logoMEXCPerpetual · PEPE_USDTPerpetual $0.00000403$0.00000403$0.00000403-0.00% -0.028%$102.58M
OKX logoOKXPerpetual · PEPE-USDT-SWAPPerpetual $0.00000403$0.00000403$0.00000403-0.04% +0.013%$86.04M
Bybit logoBybitPerpetual · 1000PEPEUSDTPerpetual $0.00000403$0.00000403$0.00000403-0.04% +0.010%$44.87M
KuCoin logoKuCoinPerpetual · PEPEUSDTMPerpetual $0.00000403$0.00000403$0.00000403-0.03% -0.016%$31.15M
Bitget logoBitgetPerpetual · PEPEUSDTPerpetual $0.00000403$0.00000403$0.00000403-0.00% -0.015%$19.44M
OKX logoOKXSpot · PEPE-USDTSpot $0.00000403$0.00000403$0.00000403+0.02% —$8.05M
Hyperliquid logoHyperliquidPerpetual · KPEPEPerpetual $0.00000403$0.00000403$0.00000403-0.03% +0.008%$7.35M
KuCoin logoKuCoinSpot · PEPE-USDTSpot $0.00000403$0.00000403$0.00000403+0.04% —$7.00M
Gate logoGateSpot · PEPE_USDTSpot $0.00000403$0.00000403$0.00000403+0.04% —$5.23M
Bybit logoBybitSpot · PEPEUSDTSpot $0.00000403$0.00000403$0.00000403+0.04% —$3.02M
Bitget logoBitgetSpot · PEPEUSDTSpot $0.00000403$0.00000403$0.00000403+0.01% —$2.44M
HTX logoHTXPerpetual · PEPE-USDTPerpetual $0.00000403$0.00000404$0.00000404+0.10% +0.030%$1.14M
Gate logoGatePerpetual · PEPE_USDTPerpetual $0.00000403$0.00000403$0.00000403-0.06% -0.060%$491.8K
Variational logoVariationalPerpetual · 1000PEPEPerpetual $0.00000402$0.00000403$0.00000402-0.19% +0.030%$410.5K
Binance logoBinancePerpetual · 1000PEPEUSDTPerpetual $0.00000403$0.00000403$0.00000403-0.00% -0.027%—
Aster logoAsterPerpetual · 1000PEPEUSDTPerpetual $0.00000403$0.00000403$0.00000403+0.00% +0.010%—
Binance logoBinanceSpot · PEPEUSDTSpot $0.00000403$0.00000404$0.00000404+0.10% ——
MEXC logoMEXCSpot · PEPEUSDTSpot $0.00000403$0.00000403$0.00000403+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 $0.00000403 and the highest bid on HTX perp at $0.00000403.

The widest PEPE perpetual spread is between Variational and HTX: long PEPE on Variational at $0.00000403 and short on HTX at $0.00000403 for +0.16% gross, or +0.00% 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 +0.000% per day, which the position collects 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 HTX: +0.01% gross, -0.19% net, with +0.030% a day of funding on the short leg.

Spot–spot PEPE arbitrage (buy on Bitget, withdraw, deposit and sell on Bybit) shows 0.00% 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 HTX (Perp–Perp): +0.16% gross and +0.00% 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 $0.00000403, and HTX (perp) the highest bid at $0.00000403. 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 (HTX), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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