Funding you earn now, next payment 22:00 UTC+0.0756%/8h= +82.7% APRnext payment +$0.94 per $10,000 · paid last 24h +0.129%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.065%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—needs both histories
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Kraken Futures is 0.065% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 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 | 0.000004807 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 3m 32s | $14K | — | 150x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004810 | 0.0761 | get 0.0095% / 1h | 3m 32s | $3.9M | $13.1M | 50x |
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $158.67
- Price spread: +0.065% → 0.000%
- $6.51
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $145.19
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago | 7.59 bp | 13.0 bp −$13 | 18.2 bp −$182 | 84.0 bp −$8,401 | 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 | 0.000004824 | +0.359% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000004807 | long leg | $14K | — | 150x | |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004819 | +0.250% | $58.7M | $73.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004825 | +0.374% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004825 | +0.374% | $87.7M | $275.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004820 | +0.270% | $150.6M | $62.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004831 | +0.506% | $25.0M | $53.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004797 | −0.202% | $551K | $3.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004808 | +0.014% | $27K | $342K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004821 | +0.291% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
Hyperliquid kPEPE
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-USDT | +0.0100% | 8h | 0.000004820 | +0.262% | $555K | $3.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0183% | 8h | 0.000004829 | +0.460% | $42.6M | $151.0M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0188% | 8h | 0.000004828 | +0.437% | $41.6M | $487.7M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004828 | +0.440% | $7K | — | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0215% / S −0.0088% | 1h | 0.000004000 | −16.788% | $54K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0302% | 8h | 0.000004800 | −0.146% | $3.9M | $21.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0423% | 8h | 0.000004814 | +0.137% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004808 | +0.021% | $575K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0511% | 8h | 0.000004814 | +0.148% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0537% | 8h | 0.000004829 | +0.466% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004813 | +0.125% | $4K | $110K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0729% | 1h | 0.000004821 | +0.300% | $93K | $624K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0735% | 1h | 0.000004833 | +0.540% | $189K | $848K | 10x | as long as short |
| Lighter 1000PEPE | +0.0744% | 1h | 0.000004826 | +0.395% | $573K | $5.3M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0746% | 1h | 0.000004808 | +0.021% | $102K | $764K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0751% | 1h | 0.000004813 | +0.125% | $2K | $9K | 10x | as long as short |
| Kraken Futures PF_PEPEUSDshort | +0.0761% | 1h | 0.000004810 | +0.065% | $3.9M | $13.1M | 50x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0790% | 1h | 0.000004812 | +0.104% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0827% | 8h | 0.000004830 | +0.470% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0872% | 1h | 0.000004833 | +0.541% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0872% | 1h | 0.000004818 | +0.229% | $136K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0874% | 8h | 0.000004826 | +0.389% | $91.7M | $292.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0875% | 8h | 0.000004835 | +0.576% | $129.2M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0900% | 8h | 0.000004824 | +0.347% | $1.5M | $6.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1176% | 1h | 0.000004843 | +0.749% | $555 | $2K | 10x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD