Funding you earn now, next payment 05:00 UTC+0.0852%/8h= +93.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.074%
Price spread now: Hyperliquid against Aevo+0.151%7-day average +0.105% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.151%, 7d avg +0.105%
=Together, before fees+0.176%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Hyperliquid is 0.047% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.105%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.06 per $10,000. 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 | 0.000005289 | 0.0800 | pay 0.0100% / 1h | 33m 05s | $150K | — | 3x |
| Short | Hyperliquid kPEPE | 0.000005297 | 0.1652 | get 0.0206% / 1h | 33m 05s | $57.9M | $145.1M | 10x |
Aevo 1000PEPE-PERP
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $178.82
- Price spread: +0.151% → +0.105%
- $4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $158.48
- Costs to cover
- 0.250%
- Break-even
- 0.8 days
Slippage unknown: Aevo: live order book, 21 min ago; Hyperliquid: live order book, 11 min ago. Net counts fees only.
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, 21 min ago | 1010.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 2.81 bp | 7.3 bp −$7 | 14.1 bp −$141 | doesn't fit | 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 | 0.000005285 | −0.075% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005289 | −0.008% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +0.718% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005290 | +0.019% | $70K | $155K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005289 | 0.000% | $107.4M | $377.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005287 | −0.038% | $175.9M | $87.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005297 | +0.151% | $26.7M | $67.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005342 | +0.994% | $763K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005324 | +0.671% | $53K | $509K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005305 | +0.295% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005298 | +0.170% | $609K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005298 | +0.164% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0284% | 8h | 0.000005293 | +0.078% | $51.5M | $189.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0387% | 8h | 0.000005291 | +0.028% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0433% | 8h | 0.000005291 | +0.038% | $51.9M | $678.6M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0488% | 1h | 0.000005293 | +0.076% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0562% | 8h | 0.000005291 | +0.038% | $4.9M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0653% | 8h | 0.000005292 | +0.051% | $2.6M | $7.5M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005303 | +0.265% | $669K | $36.6M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0756% | 8h | 0.000005290 | +0.023% | $6K | — | 20x | as long as short |
| BingX 1000PEPE-USDC | +0.0767% | 8h | 0.000005291 | +0.036% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0797% | 8h | 0.000005296 | +0.129% | $154.6M | $1.32B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005294 | +0.092% | $559K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERPlong | +0.0800% | 1h | 0.000005289 | long leg | $150K | — | 3x | |
| MEXC PEPE_USDT | +0.0801% | 8h | 0.000005290 | +0.023% | $103.7M | $294.6M | 300x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0832% | 1h | 0.000005348 | +1.116% | $164K | $799K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0857% | 1h | 0.000005294 | +0.090% | $190K | $916K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0884% | 1h | 0.000005297 | +0.151% | $75K | $126K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0919% | 8h | 0.000005293 | +0.082% | $1.9M | $10.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0933% / S −0.1849% | 1h | 0.000005000 | −5.464% | $65K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.1048% | 1h | 0.000005299 | +0.189% | $639 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1241% | 1h | 0.000005293 | +0.070% | $69K | $723K | 15x | as long as short |
| Lighter 1000PEPE | +0.1280% | 1h | 0.000005298 | +0.170% | $689K | $8.7M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1544% | 1h | 0.000005289 | −0.002% | $4.9M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPEshort | +0.1652% | 1h | 0.000005297 | +0.151% | $57.9M | $145.1M | 10x |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Paradex kPEPE-USD-PERP
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD