Funding you earn now, next payment 00:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.031%
Price spread now: Paradex against Bitget+0.127%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Paradex is 0.127% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004804 | 0.0169 | pay 0.0169% / 8h | 2h 32m | $43.3M | $152.1M | 75x |
| Short | Paradex kPEPE-USD-PERP | 0.000004810 | 0.0373 | get 0.0373% / 8h | 2h 32m | $5K | $16 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bitget. 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
- $42.8
- Price spread: +0.127% → 0.000%
- $12.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $39.52
- Costs to cover
- 0.160%
- Break-even
- 0.5 days
Slippage unknown: Bitget: live order book, 1 min ago; Paradex: no order-book sample. 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 Bitget live order book, 1 min ago | 2.60 bp | 9.5 bp −$9 | 10.0 bp −$100 | 24.8 bp −$2,480 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.000004812 | +0.166% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004801 | −0.075% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004804 | −0.006% | $56.8M | $70.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004819 | +0.306% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004802 | −0.048% | $88.5M | $273.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004800 | −0.090% | $148.7M | $61.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004800 | −0.092% | $23.7M | $52.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004799 | −0.103% | $705K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004804 | −0.012% | $27K | $338K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004826 | +0.452% | $1K | $2.4M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004801 | −0.062% | $553K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0128% | 8h | 0.000004806 | +0.035% | $41.3M | $488.4M | 50x | as long as short |
| Bitget PEPEUSDTlong | +0.0169% | 8h | 0.000004804 | long leg | $43.3M | $152.1M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004810 | +0.121% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0245% | 8h | 0.000004812 | +0.160% | $3.9M | $21.7M | 75x | as long as short |
| Lighter 1000PEPE | +0.0304% | 1h | 0.000004806 | +0.035% | $591K | $5.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.741% | $52K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0373% | 8h | 0.000004810 | +0.127% | $5K | $16 | 20x | |
| Orderly PERP_1000PEPE_USDC | +0.0377% | 8h | 0.000004808 | +0.069% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004816 | +0.244% | $577K | $25.4M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0467% | 8h | 0.000004811 | +0.135% | $2.3M | $6.3M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0488% | 1h | 0.000004805 | +0.021% | $95K | $622K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004814 | +0.202% | $4K | $92K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0583% | 1h | 0.000004807 | +0.056% | $81K | $94K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0627% | 1h | 0.000004808 | +0.077% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0670% | 1h | 0.000004816 | +0.244% | $100K | $758K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0670% | 1h | 0.000004815 | +0.214% | $180K | $859K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0762% | 1h | 0.000004808 | +0.078% | $3.9M | $13.0M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0766% | 8h | 0.000004796 | −0.173% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0814% | 8h | 0.000004803 | −0.017% | $89.8M | $289.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0815% | 8h | 0.000004804 | 0.000% | $127.4M | $1.02B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000004802 | −0.038% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000004811 | +0.139% | $136K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0855% | 8h | 0.000004807 | +0.050% | $1.5M | $6.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000004823 | +0.389% | $552 | $2K | 10x | as long as short |
Bitget PEPEUSDT
Paradex kPEPE-USD-PERP
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD