Funding you earn now, next payment 10:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.141%
Price spread now: Deribit against gTrade (Gains Network)+0.008%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PEPE/USD | 0.000004979 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 20m 46s | $3K | — | 150x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004979 | 0.0152 | get 0.0019% / 1h | 20m 46s | $57K | $125K | 25x |
gTrade (Gains Network) PEPE/USD
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $30.79
- Price spread: +0.008% → 0.000%
- $0.8
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $14.6
- Costs to cover
- 0.170%
- Break-even
- 3.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 30 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 Deribit live order book, 30 min ago | 5.02 bp | 8.5 bp −$9 | 16.7 bp −$167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USDlong | L +0.0005% / S −0.0005% | 1h | 0.000004979 | long leg | $3K | — | 150x | |
| Kraken Futures PF_PEPEUSD | +0.0026% | 1h | 0.000004978 | −0.003% | $4.6M | $16.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004978 | −0.012% | $590K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004980 | +0.028% | $51.0M | $161.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004991 | +0.249% | $57K | $198K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004978 | −0.010% | $95.1M | $445.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004980 | +0.028% | $155.8M | $101.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004985 | +0.125% | $25.1M | $76.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004974 | −0.084% | $45.3M | $228.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004980 | +0.038% | $638K | $5.3M | — | as long as short |
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004976 | −0.051% | $27K | $569K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004986 | +0.149% | $145K | $847K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004986 | +0.157% | $2K | $2.6M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004980 | +0.028% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004983 | +0.094% | $582K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004981 | +0.042% | $2.3M | $8.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0112% | 1h | 0.000004981 | +0.048% | $601 | $2K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0120% | 8h | 0.000004986 | +0.148% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.0152% | 1h | 0.000004979 | +0.008% | $57K | $125K | 25x | |
| Nado kPEPE-PERP | +0.0156% | 1h | 0.000004989 | +0.211% | $141K | $953K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004990 | +0.236% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0200% | 8h | 0.000004980 | +0.028% | $44.6M | $737.2M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0312% | 1h | 0.000004981 | +0.046% | $77K | $997K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0320% | 8h | 0.000004980 | +0.028% | $4.3M | $29.1M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0363% | 1h | 0.000004963 | −0.313% | $5K | $121K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0392% | 8h | 0.000004986 | +0.141% | $32K | $30K | 20x | as long as short |
| Binance 1000PEPEUSDT | +0.0394% | 8h | 0.000004976 | −0.047% | $129.2M | $1.54B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0399% | 8h | 0.000004981 | +0.041% | $1.8M | $12.4M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0400% | 1h | 0.000004977 | −0.034% | $522K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0400% | 1h | 0.000004979 | +0.008% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0401% | 8h | 0.000004980 | +0.020% | $101.7M | $307.3M | 300x | as long as short |
| BingX 1000PEPE-USDC | +0.0403% | 8h | 0.000004982 | +0.072% | — | $2.3M | — | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004990 | +0.229% | $698K | $39.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0885% / S −0.1012% | 1h | 0.000004000 | −19.656% | $51K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.8579% | 1h | 0.000004989 | +0.209% | $25K | $12K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
BingX 1000PEPE-USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD