Funding you earn now, next payment 06:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.067%
Price spread now: Binance against dYdX+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Binance is 0.074% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005075 | 0 | get 0.0000% / 1h | 20m 51s | $19K | $95 | 10x |
| Short | Binance 1000PEPEUSDT | 0.000005079 | 0.0796 | get 0.0796% / 8h | 2h 20m | $142.4M | $1.41B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- $167.25
- Price spread: +0.074% → 0.000%
- $7.42
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $154.67
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 8 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.10 bp | 7.2 bp −$7 | 12.7 bp −$127 | 32.6 bp −$3,263 | doesn't fit |
dYdX: 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-USDlong | 0.0000% | 1h | 0.000005075 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005058 | −0.341% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005069 | −0.120% | $58K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005076 | +0.018% | $99.4M | $406.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005074 | −0.021% | $162.5M | $94.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005081 | +0.117% | $25.1M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005062 | −0.265% | $602K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005026 | −0.958% | $28K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005068 | −0.144% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005072 | −0.055% | $568K | $4.1M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005072 | −0.068% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0242% | 1h | 0.000005063 | −0.238% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0333% | 8h | 0.000005079 | +0.085% | $45.4M | $210.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0396% | 8h | 0.000005062 | −0.260% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0423% | 8h | 0.000005088 | +0.254% | $46.9M | $698.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005063 | −0.238% | $4.4M | $28.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0565% | 8h | 0.000005062 | −0.267% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0633% | 8h | 0.000005066 | −0.179% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0649% | 1h | 0.000005066 | −0.187% | $74K | $833K | 15x | as long as short |
| Lighter 1000PEPE | +0.0672% | 1h | 0.000005084 | +0.176% | $602K | $9.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005076 | +0.018% | $612 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005065 | −0.199% | $641K | $37.2M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0683% | 1h | 0.000005071 | −0.072% | $168K | $944K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0717% | 1h | 0.000005024 | −1.007% | $154K | $813K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0739% | 1h | 0.000005061 | −0.278% | $72K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0751% | 8h | 0.000005078 | +0.051% | — | $239.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005080 | +0.089% | $536K | $277K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0792% | 8h | 0.000005078 | +0.063% | $97.1M | $302.6M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005062 | −0.258% | $143K | — | 3x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0796% | 8h | 0.000005079 | +0.074% | $142.4M | $1.41B | 75x | |
| Aster 1000PEPEUSDT | +0.0844% | 8h | 0.000005078 | +0.048% | $1.8M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0844% | 1h | 0.000005057 | −0.355% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0998% | 1h | 0.000005084 | +0.176% | $53.9M | $152.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2171% | 1h | 0.000005000 | −1.480% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005027 | −0.948% | $3K | $111K | 12x | as long as short |
Binance 1000PEPEUSDT
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP