Funding you earn now, next payment 00:00 UTC−0.0760%/8h= −83.2% APRnext payment −$7.60 per $10,000 · paid last 24h −0.060%
Price spread now: HTX against Aster+0.143%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.143%, 7d avg −0.037%
=Together, before fees−0.129%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.180% dearer against Aster than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.037%): +$18 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.099% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.60 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 | Aster 1000PEPEUSDT | 0.000004840 | 0.0860 | pay 0.0860% / 8h | 1h 34m | $1.5M | $7.0M | 50x |
| Short | HTX PEPE-USDT | 0.000004847 | 0.0100 | get 0.0100% / 8h | 1h 34m | $548K | $3.5M | 75x |
Aster 1000PEPEUSDT
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. 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
- −$159.54
- Price spread: +0.143% → −0.037%
- $17.99
- Slippage, 4 orders
- −$27.68
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$189.23
- Costs to cover
- 0.477%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 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 Aster live order book, 4 min ago | 1.44 bp | 8.5 bp −$8 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 7.18 bp | 15.4 bp −$15 | 25.2 bp −$252 | 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 | 0.000004838 | −0.025% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004841 | +0.023% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004844 | +0.091% | $592K | $5.5M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004833 | −0.136% | $62.0M | $78.4M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004843 | +0.070% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004836 | −0.074% | $87.4M | $279.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004834 | −0.116% | $151.4M | $62.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004834 | −0.118% | $24.8M | $53.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004851 | +0.235% | $581K | $4.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004858 | +0.376% | $27K | $343K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004852 | +0.248% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004843 | +0.070% | $3K | $9K | 10x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000004847 | +0.143% | $548K | $3.5M | 75x | |
| Bitget PEPEUSDT | +0.0155% | 8h | 0.000004835 | −0.093% | $42.6M | $151.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004847 | +0.147% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0203% | 8h | 0.000004839 | −0.012% | $41.8M | $493.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0213% / S −0.0093% | 1h | 0.000004000 | −17.348% | $54K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0323% | 8h | 0.000004842 | +0.050% | $3.9M | $22.2M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0379% | 8h | 0.000004844 | +0.088% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0406% | 8h | 0.000004842 | +0.054% | $2.3M | $6.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0444% | 8h | 0.000004844 | +0.101% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004844 | +0.091% | $615K | $25.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0472% | 1h | 0.000004849 | +0.194% | $555 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0577% | 1h | 0.000004843 | +0.070% | $82K | $94K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0608% | 1h | 0.000004842 | +0.058% | $91K | $614K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0730% | 1h | 0.000004845 | +0.105% | $186K | $854K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0802% | 8h | 0.000004838 | −0.029% | — | $256.1M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0832% | 8h | 0.000004836 | −0.069% | $130.9M | $1.03B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0832% | 1h | 0.000004836 | −0.072% | $532K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0832% | 1h | 0.000004847 | +0.153% | $137K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0836% | 8h | 0.000004835 | −0.089% | $92.0M | $283.6M | 300x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0841% | 1h | 0.000004868 | +0.587% | $104K | $764K | 25x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0860% | 8h | 0.000004840 | long leg | $1.5M | $7.0M | 50x | |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004852 | +0.256% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1317% | 1h | 0.000004843 | +0.065% | $4.0M | $13.3M | 50x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDT
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD