Funding you earn now, next payment 21:00 UTC−0.0458%/8h= −50.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.052%
Price spread now: gTrade (Gains Network) against Coinbase International−0.027%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.027% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Coinbase International 1000PEPE-PERP-INTX | 0.000004849 | 0.0464 | pay 0.0058% / 1h | 23m 26s | $581K | $25.4M | 50x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000004848 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 23m 26s | $14K | — | 150x |
Coinbase International 1000PEPE-PERP-INTX
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. 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
- −$96.27
- Price spread: −0.027% → 0.000%
- −$2.68
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$118.95
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 6 min ago; gTrade (Gains Network): 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 Coinbase International live order book, 6 min ago | 4.16 bp | 10.1 bp −$10 | 13.3 bp −$133 | 52.0 bp −$5,196 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 0.000004852 | +0.060% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0006% | 1h | 0.000004848 | −0.027% | $14K | — | 150x | |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004854 | +0.103% | $58.0M | $71.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004857 | +0.165% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004854 | +0.103% | $88.3M | $274.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004853 | +0.082% | $151.4M | $62.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004855 | +0.120% | $25.2M | $53.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004837 | −0.241% | $705K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004818 | −0.640% | $27K | $337K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004854 | +0.111% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
Hyperliquid kPEPE
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 | 0.000004849 | −0.002% | $558K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0148% | 8h | 0.000004856 | +0.144% | $41.6M | $490.0M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0179% | 8h | 0.000004855 | +0.122% | $43.0M | $152.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004855 | +0.114% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0267% | 8h | 0.000004859 | +0.206% | $3.9M | $21.9M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0319% / S −0.0217% | 1h | 0.000004000 | −17.509% | $53K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0393% | 8h | 0.000004849 | +0.004% | $30K | $11K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0457% | 8h | 0.000004846 | −0.066% | $2.3M | $6.3M | 50x | as long as short |
| Lighter 1000PEPE | +0.0464% | 1h | 0.000004860 | +0.227% | $620K | $5.2M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXlong | +0.0464% | 1h | 0.000004849 | long leg | $581K | $25.4M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0466% | 8h | 0.000004859 | +0.205% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004847 | −0.041% | $4K | $110K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0639% | 1h | 0.000004850 | +0.025% | $93K | $623K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0688% | 1h | 0.000004856 | +0.146% | $192K | $847K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0736% | 1h | 0.000004809 | −0.825% | $100K | $760K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0756% | 1h | 0.000004845 | −0.085% | $3.9M | $13.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0783% | 1h | 0.000004846 | −0.062% | $82K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0784% | 8h | 0.000004858 | +0.181% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0810% | 1h | 0.000004846 | −0.062% | $2K | $9K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0848% | 1h | 0.000004858 | +0.187% | $534K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0848% | 1h | 0.000004872 | +0.474% | $138K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0849% | 8h | 0.000004859 | +0.204% | $91.5M | $290.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0850% | 8h | 0.000004860 | +0.221% | $129.3M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0891% | 8h | 0.000004858 | +0.194% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1248% | 1h | 0.000004863 | +0.289% | $557 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD