Funding you earn now, next payment 07:00 UTC−0.0322%/8h= −35.3% APRpaid last 24h −0.074%
Price spread now: HTX against ApeX Omni+0.316%76s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.316%, 7d avg +0.014%
=The price spread pays, funding is against you. HTX is 0.302% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.316% now, against its 7-day average of +0.014%): +$30 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.044% in total) that is about 48 days. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% 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 | ApeX Omni 1000PEPEUSDT | 0.000005152 | 0.0422 | pay 0.0053% / 1h | 6m 07s | $150K | $829K | 25x |
| Short | HTX PEPE-USDT | 0.000005168 | 0.0100 | get 0.0100% / 8h | 1h 06m | $599K | $4.2M | 75x |
ApeX Omni 1000PEPEUSDT
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against ApeX Omni. 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
- −$67.65
- Price spread: +0.316% → +0.014%
- $30.22
- Slippage, 4 orders
- −$29.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$88.72
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 38 min ago; HTX: live order book, 3 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 ApeX Omni live order book, 38 min ago | 2.51 bp | 11.1 bp −$11 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 7.97 bp | 16.3 bp −$16 | 29.1 bp −$291 | 89.0 bp −$8,896 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005140 | −0.233% | $8K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005154 | +0.029% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005161 | +0.177% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005159 | +0.136% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005169 | +0.334% | $101.4M | $421.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005169 | +0.330% | $164.5M | $97.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005115 | −0.727% | $600K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005152 | +0.004% | $28K | $543K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005179 | +0.532% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000005168 | +0.316% | $599K | $4.2M | 75x |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0111% | 8h | 0.000005169 | +0.334% | $26.4M | $72.6M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0172% | 1h | 0.000005169 | +0.330% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005173 | +0.410% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0286% | 8h | 0.000005169 | +0.334% | $46.2M | $216.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0397% | 8h | 0.000005173 | +0.408% | $47.7M | $737.8M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0400% | 8h | 0.000005171 | +0.378% | $34K | $26K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0422% | 1h | 0.000005152 | long leg | $150K | $829K | 25x | |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005167 | +0.286% | $4.7M | $16.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0463% | 1h | 0.000005172 | +0.384% | $73K | $865K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0512% | 8h | 0.000005161 | +0.175% | $4.4M | $29.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0521% | 8h | 0.000005172 | +0.390% | $2.4M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0521% | 8h | 0.000005160 | +0.160% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0525% | 1h | 0.000005168 | +0.311% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005172 | +0.388% | $679K | $39.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005176 | +0.466% | $624 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0701% | 1h | 0.000005172 | +0.384% | $165K | $960K | 10x | as long as short |
| Lighter 1000PEPE | +0.0704% | 1h | 0.000005173 | +0.408% | $617K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0729% | 8h | 0.000005171 | +0.371% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0751% | 8h | 0.000005170 | +0.342% | $1.8M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0759% | 8h | 0.000005172 | +0.392% | $142.1M | $1.47B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0759% | 8h | 0.000005174 | +0.431% | $100.7M | $306.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005166 | +0.273% | $543K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005169 | +0.330% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0957% | 1h | 0.000005175 | +0.446% | $53.8M | $156.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2249% | 1h | 0.000005000 | −2.950% | $64K | — | 100x | as long as short |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Nado kPEPE-PERP
Lighter 1000PEPE
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]