Funding you earn now, next payment 03:00 UTC+0.1604%/8h= +175.6% APRnext payment +$2.01 per $10,000 · paid last 24h +0.146%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.212%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Hyperliquid is 0.212% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 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 | 0.000005039 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 15m 47s | $15K | — | 150x |
| Short | Hyperliquid kPEPE | 0.000005050 | 0.1610 | get 0.0201% / 1h | 15m 47s | $54.0M | $139.5M | 10x |
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $336.84
- Price spread: +0.212% → 0.000%
- $21.23
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $339.08
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago | 2.98 bp | 17.5 bp −$18 | 27.2 bp −$272 | 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 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 | 0.000005028 | −0.214% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000005039 | long leg | $15K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005032 | −0.145% | $64K | $139K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005045 | +0.123% | $98.0M | $339.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005042 | +0.054% | $164.9M | $75.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005041 | +0.034% | $25.9M | $63.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005042 | +0.044% | $687K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005023 | −0.333% | $27K | $445K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005056 | +0.327% | $2K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005044 | +0.097% | $573K | $3.6M | 75x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0125% | 8h | 0.000005041 | +0.032% | $46.2M | $173.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005039 | −0.005% | $8K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000005041 | +0.026% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0339% | 8h | 0.000005043 | +0.073% | $45.8M | $589.6M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0460% | 8h | 0.000005032 | −0.145% | $4.3M | $25.1M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0561% | 1h | 0.000005044 | +0.093% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0563% | 1h | 0.000005028 | −0.224% | $99K | $755K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005051 | +0.232% | $933K | $31.6M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0605% | 8h | 0.000005043 | +0.067% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0622% / S −0.0992% | 1h | 0.000005000 | −0.780% | $49K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0637% | 8h | 0.000005045 | +0.119% | $95.9M | $290.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0637% | 8h | 0.000005049 | +0.185% | $141.1M | $1.21B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0640% | 1h | 0.000005043 | +0.081% | $533K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005043 | +0.073% | $143K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0732% | 8h | 0.000005047 | +0.163% | $1.8M | $9.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0737% | 8h | 0.000005049 | +0.187% | $2.4M | $7.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0742% | 1h | 0.000005044 | +0.093% | $71K | $124K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0792% | 1h | 0.000005036 | −0.060% | $184K | $871K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0808% | 8h | 0.000005030 | −0.175% | $6K | — | 20x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005045 | +0.113% | $609 | $3K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +1.304% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0975% | 1h | 0.000005046 | +0.127% | $96K | $627K | 15x | as long as short |
| Lighter 1000PEPE | +0.1216% | 1h | 0.000005045 | +0.113% | $674K | $8.1M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1380% | 1h | 0.000005041 | +0.042% | $4.3M | $15.2M | 50x | as long as short |
| Hyperliquid kPEPEshort | +0.1610% | 1h | 0.000005050 | +0.212% | $54.0M | $139.5M | 10x |
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
Paradex kPEPE-USD-PERP
01 Exchange kPEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD