Funding you earn now, next payment 01:00 UTC+0.0242%/8h= +26.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.108%
Price spread now: Lighter against gTrade (Gains Network)+0.081%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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.081% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 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 | 0.000004928 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 36m 37s | $15K | — | 150x |
| Short | Lighter 1000PEPE | 0.000004932 | 0.0248 | get 0.0031% / 1h | 36m 37s | $577K | $6.7M | 10x |
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $50.89
- Price spread: +0.081% → 0.000%
- $8.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $49
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 7 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 Lighter live order book, 7 min ago | 5.11 bp | 8.2 bp −$8 | 17.7 bp −$177 | 48.4 bp −$4,840 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0119% | 1h | 0.000004934 | +0.113% | $4.0M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004922 | −0.120% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000004928 | long leg | $15K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004929 | +0.020% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004921 | −0.142% | $90.2M | $301.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004925 | −0.061% | $156.1M | $65.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004925 | −0.067% | $25.2M | $55.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004927 | −0.026% | $43.2M | $151.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004891 | −0.756% | $572K | $4.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004900 | −0.572% | $26K | $352K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004942 | +0.278% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004933 | +0.101% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004930 | +0.039% | $560K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004923 | −0.108% | $2.4M | $6.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0133% | 1h | 0.000004935 | +0.142% | $59.2M | $113.2M | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0188% | 8h | 0.000004929 | +0.020% | $43.3M | $521.5M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004936 | +0.153% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0196% | 8h | 0.000004929 | +0.015% | $6K | $16 | 20x | as long as short |
| Lighter 1000PEPEshort | +0.0248% | 1h | 0.000004932 | +0.081% | $577K | $6.7M | 10x | |
| Orderly PERP_1000PEPE_USDC | +0.0300% | 8h | 0.000004927 | −0.022% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0307% | 8h | 0.000004937 | +0.183% | $4.0M | $23.4M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004939 | +0.223% | $591K | $26.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0411% | 1h | 0.000004938 | +0.196% | $193K | $852K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0439% | 1h | 0.000004899 | −0.588% | $101K | $753K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0456% | 1h | 0.000004928 | 0.000% | $1K | $2K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0460% / S −0.0686% | 1h | 0.000004000 | −18.831% | $46K | — | 100x | as long as short |
| BingX 1000PEPE-USDC | +0.0504% | 8h | 0.000004926 | −0.043% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0507% | 8h | 0.000004924 | −0.080% | $138.0M | $1.09B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0508% | 8h | 0.000004931 | +0.069% | $97.8M | $282.5M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0512% | 1h | 0.000004925 | −0.052% | $541K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0512% | 1h | 0.000004930 | +0.041% | $139K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0532% | 8h | 0.000004929 | +0.018% | $1.5M | $7.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0577% | 1h | 0.000004937 | +0.177% | $92K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004915 | −0.264% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0968% | 1h | 0.000004931 | +0.061% | $70K | $107K | 25x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Hyperliquid kPEPE
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL