Funding you earn now, next payment 02:00 UTC+0.0576%/8h= +63.1% APRnext payment +$0.72 per $10,000 · paid last 24h +0.086%
Price spread now: Coinbase International against dYdX+0.129%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$17 a day on $10k at the current rate, and Coinbase International is 0.129% dearer against dYdX 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005046 | 0 | get 0.0000% / 1h | 38m 30s | $19K | $95 | 10x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000005053 | 0.0576 | get 0.0072% / 1h | 38m 30s | $836K | $31.0M | 50x |
dYdX PEPE-USD
Coinbase International 1000PEPE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $120.96
- Price spread: +0.129% → 0.000%
- $12.9
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $113.86
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 6 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 Coinbase International live order book, 6 min ago | 4.94 bp | 11.0 bp −$11 | 17.9 bp −$179 | doesn't fit | 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 | 0.000005046 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005035 | −0.234% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005058 | +0.228% | $64K | $136K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005043 | −0.065% | $98.7M | $334.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005050 | +0.070% | $165.7M | $74.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005051 | +0.099% | $25.4M | $62.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005056 | +0.181% | $46.5M | $171.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005050 | +0.060% | $680K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005056 | +0.195% | $27K | $423K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005058 | +0.232% | $2K | $2.4M | 20x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
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 | 0.000005048 | +0.024% | $575K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005045 | −0.036% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0309% | 8h | 0.000005048 | +0.030% | $45.9M | $583.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0315% | 8h | 0.000005041 | −0.115% | $33K | $24K | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0346% | 1h | 0.000005036 | −0.208% | $61K | $114K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0424% | 8h | 0.000005043 | −0.069% | $4.3M | $25.1M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0557% | 1h | 0.000005040 | −0.129% | $2K | $12K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0562% | 8h | 0.000005050 | +0.068% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0572% / S −0.0881% | 1h | 0.000005000 | −0.921% | $49K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXshort | +0.0576% | 1h | 0.000005053 | +0.129% | $836K | $31.0M | 50x | |
| Aevo 1000PEPE-PERP | +0.0600% | 1h | 0.000005043 | −0.069% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0604% | 8h | 0.000005057 | +0.210% | $96.2M | $287.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0605% | 8h | 0.000005047 | +0.002% | $141.5M | $1.20B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0608% | 1h | 0.000005053 | +0.131% | $536K | $221K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0671% | 8h | 0.000005045 | −0.032% | $2.4M | $7.0M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0700% | 8h | 0.000005052 | +0.105% | $1.8M | $9.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0755% | 8h | 0.000005050 | +0.061% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0887% | 1h | 0.000005049 | +0.045% | $184K | $866K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0928% | 1h | 0.000005039 | −0.150% | $98K | $618K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +1.159% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005058 | +0.228% | $610 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0992% | 1h | 0.000005065 | +0.367% | $99K | $752K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1381% | 1h | 0.000005039 | −0.148% | $4.2M | $15.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.1472% | 1h | 0.000005062 | +0.307% | $719K | $8.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1811% | 1h | 0.000005062 | +0.307% | $55.7M | $137.3M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Phemex u1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE