Funding you earn now, next payment 08:00 UTC+0.0688%/8h= +75.3% APRnext payment +$6.88 per $10,000 · paid last 24h +0.044%
Price spread now: Paradex against Gate−0.199%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Paradex is 0.199% cheaper against Gate than usual: you would sell low and buy high (spread −0.199% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 23 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEPE_USDT | 0.000005019 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $166.3M | $75.6M | 75x |
| Short | Paradex kPEPE-USD-PERP | 0.000005009 | 0.0788 | get 0.0788% / 8h | 4h 48m | $6K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Gate. 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
- $144.4
- Price spread: −0.199% → 0.000%
- −$19.86
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $105.53
- Costs to cover
- 0.190%
- Break-even
- 1.9 days
Slippage unknown: Gate: live order book, 6 min ago; Paradex: no order-book sample. 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 Gate live order book, 6 min ago | 0.99 bp | 13.4 bp −$13 | 23.9 bp −$239 | 82.1 bp −$8,212 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.000005007 | −0.247% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005015 | −0.086% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005013 | −0.120% | $64K | $140K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005014 | −0.100% | $98.1M | $344.6M | 50x | as long as short |
| Gate PEPE_USDTlong | +0.0100% | 8h | 0.000005019 | long leg | $166.3M | $75.6M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005019 | +0.002% | $26.0M | $63.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005027 | +0.152% | $675K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005050 | +0.618% | $31K | $451K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005027 | +0.159% | $2K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005016 | −0.060% | $571K | $3.7M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0158% | 8h | 0.000005016 | −0.068% | $45.9M | $174.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005018 | −0.014% | $8K | — | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005044 | +0.498% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0328% | 8h | 0.000005018 | −0.030% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0359% | 8h | 0.000005019 | 0.000% | $45.1M | $591.8M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0439% | 1h | 0.000005017 | −0.040% | $2K | $12K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0480% | 8h | 0.000005004 | −0.299% | $4.3M | $25.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0548% | 1h | 0.000005017 | −0.040% | $71K | $124K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0634% | 8h | 0.000005011 | −0.167% | — | $2.3M | — | as long as short |
| Phemex u1000PEPEUSDT | +0.0637% | 8h | 0.000005026 | +0.132% | $2.4M | $7.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0660% / S −0.1059% | 1h | 0.000005000 | −0.379% | $50K | — | 100x | as long as short |
| Extended 1000PEPE-USD | +0.0664% | 1h | 0.000005016 | −0.067% | $530K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0664% | 1h | 0.000005017 | −0.040% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0668% | 8h | 0.000005024 | +0.102% | $141.3M | $1.22B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0668% | 8h | 0.000005022 | +0.058% | $92.6M | $286.8M | 300x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005020 | +0.020% | $960K | $31.6M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0755% | 8h | 0.000005011 | −0.157% | $1.8M | $9.2M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0771% | 1h | 0.000005004 | −0.295% | $95K | $642K | 15x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0788% | 8h | 0.000005009 | −0.199% | $6K | — | 20x | |
| Nado kPEPE-PERP | +0.0835% | 1h | 0.000005022 | +0.056% | $191K | $877K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0878% | 1h | 0.000005031 | +0.239% | $100K | $743K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0888% | 1h | 0.000005025 | +0.120% | $606 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.0920% | 1h | 0.000005025 | +0.120% | $590K | $8.2M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1298% | 1h | 0.000005017 | −0.035% | $4.4M | $15.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1401% | 1h | 0.000005026 | +0.139% | $53.8M | $139.9M | 10x | as long as short |
Gate PEPE_USDT
Paradex kPEPE-USD-PERP
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
Injective PEPE/USDC PERP
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Coinbase International 1000PEPE-PERP-INTX
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE