Funding you earn now, next payment 06:00 UTC+0.0403%/8h= +44.2% APRpaid last 24h +0.038%
Price spread now: OKX against gTrade (Gains Network)+0.124%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 +$12 a day on $10k at the current rate, and OKX is 0.124% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 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 | 0.000005007 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 51m 56s | $3K | — | 150x |
| Short | OKX PEPE-USDT-SWAP | 0.000005013 | 0.0409 | get 0.0409% / 8h | 2h 51m | $46.2M | $676.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $84.71
- Price spread: +0.124% → 0.000%
- $12.38
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $77.09
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.00 bp | 7.4 bp −$7 | 12.3 bp −$123 | 35.3 bp −$3,531 | 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 | 0.000005001 | −0.124% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0005% / S −0.0005% | 1h | 0.000005007 | long leg | $3K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005005 | −0.036% | $63K | $165K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005006 | −0.016% | $98.6M | $399.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005016 | +0.184% | $161.3M | $92.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005022 | +0.300% | $25.0M | $70.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004979 | −0.563% | $597K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004977 | −0.586% | $27K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005018 | +0.224% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005013 | +0.132% | $562K | $4.1M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005012 | +0.103% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0344% | 8h | 0.000005014 | +0.146% | $45.1M | $207.8M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0352% | 1h | 0.000005015 | +0.164% | $2K | $10K | 10x | as long as short |
| OKX PEPE-USDT-SWAPshort | +0.0409% | 8h | 0.000005013 | +0.124% | $46.2M | $676.7M | 50x | |
| Orderly PERP_1000PEPE_USDC | +0.0415% | 8h | 0.000005012 | +0.114% | $33K | $27K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0531% | 8h | 0.000004989 | −0.356% | $4.7M | $27.6M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0544% | 8h | 0.000005010 | +0.064% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0608% | 1h | 0.000005025 | +0.364% | $604K | $9.0M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0613% | 1h | 0.000005018 | +0.232% | $73K | $826K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005016 | +0.184% | $605 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005024 | +0.344% | $626K | $36.5M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0697% | 8h | 0.000005025 | +0.356% | $2.4M | $7.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0778% | 8h | 0.000005012 | +0.106% | — | $238.2M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005016 | +0.184% | $142K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0806% | 8h | 0.000005007 | 0.000% | $96.9M | $298.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000005011 | +0.080% | $141.9M | $1.39B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005011 | +0.082% | $530K | $262K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0851% | 1h | 0.000005016 | +0.186% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0876% | 8h | 0.000005013 | +0.118% | $1.7M | $10.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0897% | 1h | 0.000005014 | +0.154% | $167K | $939K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0949% | 1h | 0.000005012 | +0.104% | $71K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0994% | 1h | 0.000005017 | +0.204% | $53.1M | $150.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1046% / S −0.1629% | 1h | 0.000005000 | −0.136% | $67K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005327 | +6.395% | $3K | $111K | 12x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.2033% | 1h | 0.000004976 | −0.615% | $153K | $812K | 25x | as long as short |
gTrade (Gains Network) PEPE/USD
OKX PEPE-USDT-SWAP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP
ApeX Omni 1000PEPEUSDT