Funding you earn now, next payment 09:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.037%
Price spread now: gTrade (Gains Network) against edgeX−0.314%68s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.314% cheaper against edgeX than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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 | edgeX 1000PEPEUSDC | 0.000005123 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $28K | $548K | 20x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000005107 | L +0.0006% / S −0.0008% | get 0.0001% / 1h | 53m 41s | $4K | — | 150x |
edgeX 1000PEPEUSDC
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against edgeX. 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
- −$19.23
- Price spread: −0.314% → 0.000%
- −$31.36
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$69.59
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 45 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 edgeX live order book, 45 min ago | 0.97 bp | 5.6 bp −$6 | 8.1 bp −$81 | doesn't fit | 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 | 0.000005107 | −0.306% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0008% | 1h | 0.000005107 | −0.314% | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005115 | −0.150% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005118 | −0.085% | $98.6M | $434.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005113 | −0.189% | $163.1M | $98.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005113 | −0.195% | $635K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005123 | long leg | $28K | $548K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005120 | −0.046% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005110 | −0.237% | $598K | $4.2M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005104 | −0.364% | $8K | $120K | 12x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDT
Injective PEPE/USDC PERPShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0152% | 8h | 0.000005112 | −0.206% | $26.7M | $74.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005118 | −0.095% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0196% | 1h | 0.000005113 | −0.189% | $2K | $11K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0229% | 8h | 0.000005128 | +0.102% | $46.0M | $221.7M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0267% | 1h | 0.000005136 | +0.260% | $150K | $836K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0347% | 8h | 0.000005121 | −0.032% | $46.9M | $747.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0376% | 1h | 0.000005113 | −0.194% | $76K | $895K | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0424% | 8h | 0.000005114 | −0.161% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0429% | 8h | 0.000005119 | −0.066% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0471% | 8h | 0.000005110 | −0.247% | $4.6M | $30.3M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0488% | 1h | 0.000005132 | +0.182% | $619 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005126 | +0.065% | $678K | $39.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0529% | 1h | 0.000005113 | −0.189% | $53.0M | $159.8M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0533% | 1h | 0.000005112 | −0.208% | $73K | $128K | 25x | as long as short |
| Lighter 1000PEPE | +0.0568% | 1h | 0.000005115 | −0.150% | $620K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0607% | 8h | 0.000005113 | −0.196% | $2.4M | $8.1M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0621% | 1h | 0.000005109 | −0.259% | $4.7M | $16.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0631% | 1h | 0.000005117 | −0.101% | $162K | $964K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0656% | 8h | 0.000005124 | +0.018% | — | $175.6M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0679% | 8h | 0.000005118 | −0.098% | $141.2M | $1.51B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000005119 | −0.065% | $537K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005116 | −0.130% | $145K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0681% | 8h | 0.000005117 | −0.116% | $99.8M | $305.7M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0696% | 8h | 0.000005119 | −0.078% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1019% / S −0.1217% | 1h | 0.000005000 | −2.395% | $50K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]