Funding you earn now, next payment 05:00 UTC−0.0692%/8h= −75.8% APRpaid last 24h −0.081%
Price spread now: HTX against Extended+0.018%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now +0.018%, 7d avg +0.058%
=Together, before fees+0.130%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and HTX is 0.040% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000005341 | 0.0792 | pay 0.0099% / 1h | 52m 33s | $566K | $226K | 25x |
| Short | HTX PEPE-USDT | 0.000005342 | 0.0100 | get 0.0100% / 8h | 3h 52m | $618K | $3.8M | 75x |
Extended 1000PEPE-USD
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Extended. 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
- −$145.32
- Price spread: +0.018% → +0.058%
- −$3.99
- Slippage, 4 orders
- −$51.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$217.68
- Costs to cover
- 0.684%
- Break-even
- never at this rate
Slippage from Extended: live order book, 65 min ago; HTX: live order book, 6 min ago.
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 Extended live order book, 65 min ago | 2.98 bp | 7.4 bp −$7 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell HTX live order book, 6 min ago | 13.22 bp | 19.4 bp −$19 | 47.7 bp −$477 | 175.8 bp −$17.6K | doesn't fit |
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 | 0.000005330 | −0.217% | $20K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005321 | −0.381% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005258 | −1.557% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005331 | −0.190% | $70K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005331 | −0.190% | $104.0M | $368.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005328 | −0.246% | $175.3M | $85.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005335 | −0.106% | $26.9M | $67.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005279 | −1.172% | $747K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005275 | −1.242% | $38K | $491K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005338 | −0.065% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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-USDTshort | +0.0100% | 8h | 0.000005342 | +0.018% | $618K | $3.8M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005320 | −0.396% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0247% | 8h | 0.000005341 | −0.003% | $49.2M | $183.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0375% | 8h | 0.000005335 | −0.117% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005337 | −0.078% | $52.0M | $671.9M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0527% | 8h | 0.000005323 | −0.340% | $4.6M | $27.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0589% | 8h | 0.000005329 | −0.235% | $2.6M | $7.4M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005337 | −0.078% | $758K | $36.1M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0742% | 8h | 0.000005345 | +0.068% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USDlong | +0.0792% | 1h | 0.000005341 | long leg | $566K | $226K | 25x | |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005334 | −0.134% | $151K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0794% | 8h | 0.000005340 | −0.020% | $104.1M | $291.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0794% | 8h | 0.000005339 | −0.033% | $155.7M | $1.30B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005331 | −0.183% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0873% / S −0.1721% | 1h | 0.000005000 | −6.387% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERP | +0.0896% | 1h | 0.000005321 | −0.381% | $188K | $912K | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0911% | 1h | 0.000005332 | −0.171% | $2K | $10K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0921% | 8h | 0.000005328 | −0.249% | $1.9M | $9.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0984% | 1h | 0.000005328 | −0.246% | $614K | $8.5M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1065% | 1h | 0.000005332 | −0.171% | $76K | $126K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1336% | 1h | 0.000005359 | +0.334% | $646 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1419% | 1h | 0.000005329 | −0.233% | $74K | $720K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1530% | 1h | 0.000005335 | −0.117% | $4.9M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1687% | 1h | 0.000005329 | −0.228% | $58.1M | $143.9M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1840% | 1h | 0.000005272 | −1.295% | $174K | $798K | 25x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
Nado kPEPE-PERP
SoDEX 1000PEPE-USD
Aster 1000PEPEUSDT
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
ApeX Omni 1000PEPEUSDT