Funding you earn now, next payment 08:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h −0.109%
Price spread now: HTX against Aevo+0.319%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,467as in the Price arb table
costs, in and out, $10k−$2,49724.968% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.375%−$37 · spread now +0.319%, 7d avg +0.018%
=The price spread pays, funding is against you. HTX is 0.301% dearer against Aevo than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.018%): +$30 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.060% in total) that is about 35 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo 1000PEPE-PERP | 0.000005179 | 0.0752 | pay 0.0094% / 1h | 40m 01s | $146K | — | 3x |
| Short | HTX PEPE-USDT | 0.000005195 | 0.0100 | get 0.0100% / 8h | 40m 01s | $604K | $4.2M | 75x |
Aevo 1000PEPE-PERP
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$136.92
- Price spread: +0.319% → +0.018%
- $30.08
- Slippage, 4 orders
- −$2,468.76
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$2,603.61
- Costs to cover
- 24.968%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 64 min ago; HTX: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo live order book, 64 min ago | 362.92 bp | 814.0 bp −$814 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 14.44 bp | 21.8 bp −$22 | 24.7 bp −$247 | 96.9 bp −$9,694 | doesn't fit |
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005190 | +0.221% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005174 | −0.091% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005193 | +0.270% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005169 | −0.193% | $99.8M | $426.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005167 | −0.232% | $163.5M | $98.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005207 | +0.550% | $652K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005238 | +1.132% | $29K | $545K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005185 | +0.112% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000005195 | +0.319% | $604K | $4.2M | 75x | |
| KuCoin PEPEUSDTM | +0.0122% | 8h | 0.000005170 | −0.178% | $26.9M | $73.5M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 1000PEPEUSDT | +0.0151% | 1h | 0.000005222 | +0.830% | $152K | $832K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005168 | −0.203% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0272% | 8h | 0.000005168 | −0.220% | $46.3M | $219.1M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0319% | 1h | 0.000005170 | −0.174% | $2K | $11K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0330% | 1h | 0.000005175 | −0.077% | $74K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0381% | 8h | 0.000005171 | −0.154% | $47.6M | $746.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005221 | +0.811% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0410% | 8h | 0.000005178 | −0.017% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0494% | 8h | 0.000005189 | +0.191% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0503% | 8h | 0.000005210 | +0.599% | $4.5M | $30.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0524% | 8h | 0.000005177 | −0.041% | $2.4M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0539% | 1h | 0.000005171 | −0.162% | $78K | $876K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005182 | +0.058% | $695K | $39.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005176 | −0.058% | $615K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0671% | 1h | 0.000005182 | +0.062% | $166K | $956K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0710% | 1h | 0.000005171 | −0.162% | $4.8M | $16.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0712% | 8h | 0.000005170 | −0.178% | — | $218.5M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0728% | 1h | 0.000005188 | +0.174% | $626 | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0735% | 8h | 0.000005171 | −0.154% | $1.8M | $11.8M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005166 | −0.254% | $542K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERPlong | +0.0752% | 1h | 0.000005179 | long leg | $146K | — | 3x | |
| Binance 1000PEPEUSDT | +0.0752% | 8h | 0.000005167 | −0.231% | $142.4M | $1.49B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0755% | 8h | 0.000005165 | −0.270% | $100.9M | $305.3M | 300x | as long as short |
| Hyperliquid kPEPE | +0.0933% | 1h | 0.000005179 | 0.000% | $53.9M | $157.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −3.456% | $64K | — | 100x | as long as short |
ApeX Omni 1000PEPEUSDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]