Funding you earn now, next payment 11:00 UTC+0.0314%/8h= +34.4% APRnext payment +$0.39 per $10,000 · paid last 24h +0.135%
Price spread now: Coinbase International against gTrade (Gains Network)+0.184%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.184% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 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 | gTrade (Gains Network) PEPE/USD | 0.000004957 | L +0.0006% / S −0.0007% | pay 0.0001% / 1h | 10m 45s | $4K | — | 150x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000004966 | 0.0320 | get 0.0040% / 1h | 10m 45s | $700K | $38.8M | 50x |
gTrade (Gains Network) PEPE/USD
Coinbase International 1000PEPE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against gTrade (Gains Network). 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
- $66.01
- Price spread: +0.184% → 0.000%
- $18.36
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $64.37
- Costs to cover
- 0.200%
- Break-even
- 0.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 4.03 bp | 11.4 bp −$11 | 16.2 bp −$162 | doesn't fit | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0232% | 1h | 0.000004958 | +0.023% | $4.6M | $16.1M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0007% | 1h | 0.000004957 | long leg | $4K | — | 150x | |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004963 | +0.123% | $636K | $9.1M | 10x | as long as short |
| Aevo 1000PEPE-PERP | +0.0096% | 1h | 0.000004958 | +0.022% | $140K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004958 | +0.016% | $139K | $941K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004959 | +0.042% | $50.7M | $156.4M | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0100% | 8h | 0.000004960 | +0.062% | $1.7M | $12.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004961 | +0.083% | $59K | $198K | 10x | as long as short |
| Binance 1000PEPEUSDT | +0.0100% | 8h | 0.000004959 | +0.042% | $128.1M | $1.54B | 75x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004956 | −0.018% | $93.0M | $446.7M | 50x | as long as short |
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Hyperliquid kPEPE
Aster 1000PEPEUSDT
Pacifica kPEPE
Binance 1000PEPEUSDT
Bybit 1000PEPEUSDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004958 | +0.022% | $45.0M | $724.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004956 | −0.018% | $149.8M | $104.5M | 75x | as long as short |
| MEXC PEPE_USDT | +0.0100% | 8h | 0.000004960 | +0.054% | $100.7M | $293.4M | 300x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004955 | −0.046% | $24.8M | $76.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004959 | +0.040% | $43.6M | $235.8M | 75x | as long as short |
| BingX 1000PEPE-USDT | +0.0100% | 8h | 0.000004958 | +0.024% | — | $182.4M | — | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004957 | +0.006% | $74K | $1.0M | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004963 | +0.125% | $681K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004969 | +0.251% | $26K | $575K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004969 | +0.244% | $110K | $872K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004965 | +0.171% | $1K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004959 | +0.042% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004960 | +0.071% | $581K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004959 | +0.048% | $2.3M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0103% | 8h | 0.000004956 | −0.009% | $15K | $5K | 20x | as long as short |
| Extended 1000PEPE-USD | +0.0104% | 1h | 0.000004956 | −0.026% | $520K | $288K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0128% | 1h | 0.000004959 | +0.042% | $598 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0154% | 1h | 0.000004958 | +0.022% | $61K | $119K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0176% | 1h | 0.000004904 | −1.067% | $3K | $123K | 12x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004956 | −0.012% | $7K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0200% | 8h | 0.000004954 | −0.067% | $31K | $30K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004960 | +0.063% | $4.3M | $28.0M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXshort | +0.0320% | 1h | 0.000004966 | +0.184% | $700K | $38.8M | 50x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0704% / S −0.0635% | 1h | 0.000004000 | −19.304% | $55K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4916% | 1h | 0.000004958 | +0.012% | $25K | $18K | 10x | as long as short |
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
MEXC PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
BingX 1000PEPE-USDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Extended 1000PEPE-USD
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD