Funding you earn now, next payment 05:00 UTC+0.0741%/8h= +81.1% APRpaid last 24h +0.047%
Price spread now: Hyperliquid against Aster−0.178%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 7 days+0.136%+$14 · spread now −0.178%, 7d avg +0.041%
=Together, before fees+0.438%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.219% cheaper against Aster than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of +0.041%). If the spread goes back, that is −$22 on $10k: about 24 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.302% in total) that is about 5.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.302% in total (about 15.7% 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 | Aster 1000PEPEUSDT | 0.000005305 | 0.0926 | pay 0.0926% / 8h | 3h 34m | $1.9M | $10.2M | 50x |
| Short | Hyperliquid kPEPE | 0.000005296 | 0.1667 | get 0.0208% / 1h | 34m 42s | $58.0M | $145.0M | 10x |
Aster 1000PEPEUSDT
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $155.58
- Price spread: −0.178% → +0.041%
- −$21.9
- Slippage, 4 orders
- −$21.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $94.95
- Costs to cover
- 0.387%
- Break-even
- 2.7 days
Slippage from Aster: live order book, 4 min ago; Hyperliquid: live order book, 9 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 | 2.15 bp | 8.6 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 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 | 0.000005282 | −0.433% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005309 | +0.060% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +0.407% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005290 | −0.291% | $70K | $155K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005288 | −0.323% | $107.3M | $377.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005299 | −0.121% | $175.9M | $87.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005289 | −0.300% | $26.7M | $67.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005342 | +0.681% | $763K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005344 | +0.735% | $53K | $508K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005321 | +0.286% | $1K | $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 | 0.000005321 | +0.303% | $603K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005320 | +0.278% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0282% | 8h | 0.000005297 | −0.155% | $51.7M | $189.5M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0315% | 1h | 0.000005310 | +0.086% | $75K | $126K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0386% | 8h | 0.000005317 | +0.211% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0432% | 8h | 0.000005294 | −0.215% | $52.2M | $678.0M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0490% | 1h | 0.000005311 | +0.105% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0565% | 8h | 0.000005309 | +0.067% | $4.9M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0638% | 8h | 0.000005307 | +0.030% | $2.6M | $7.5M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005324 | +0.350% | $763K | $36.6M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0759% | 8h | 0.000005291 | −0.277% | $6K | — | 20x | as long as short |
| BingX 1000PEPE-USDC | +0.0767% | 8h | 0.000005294 | −0.221% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005308 | +0.040% | $562K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005269 | −0.686% | $149K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0802% | 8h | 0.000005294 | −0.219% | $154.5M | $1.32B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0802% | 8h | 0.000005297 | −0.151% | $104.0M | $294.4M | 300x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0832% | 1h | 0.000005348 | +0.803% | $164K | $799K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0850% | 1h | 0.000005320 | +0.271% | $191K | $916K | 10x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0926% | 8h | 0.000005305 | long leg | $1.9M | $10.2M | 50x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0928% / S −0.1834% | 1h | 0.000005000 | −5.757% | $65K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.1080% | 1h | 0.000005324 | +0.350% | $642 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1248% | 1h | 0.000005296 | −0.178% | $675K | $8.6M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1268% | 1h | 0.000005307 | +0.026% | $69K | $723K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1539% | 1h | 0.000005306 | +0.012% | $4.9M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPEshort | +0.1667% | 1h | 0.000005296 | −0.178% | $58.0M | $145.0M | 10x |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
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
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD