Funding you earn now, next payment 04:00 UTC+0.0084%/8h= +9.1% APRpaid last 24h +0.046%
Price spread now: Aster against GMX+4.732%51s7-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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 4.732% dearer against GMX than usual: you sell high and buy low: +$473 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.0766% / S −0.1537% | pay 0.0096% / 1h | 28m 36s | $64K | — | 100x |
| Short | Aster 1000PEPEUSDT | 0.000005237 | 0.0849 | get 0.0849% / 8h | 4h 28m | $1.9M | $9.5M | 50x |
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- $17.54
- Price spread: +4.732% → 0.000%
- $473.18
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $470.72
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Aster: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 1.75 bp | 5.9 bp −$6 | 8.8 bp −$88 | doesn't fit | doesn't fit |
GMX: 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 | 0.000005239 | +4.770% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005219 | +4.374% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005239 | +4.780% | $67K | $144K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005233 | +4.650% | $102.2M | $354.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005233 | +4.660% | $175.7M | $78.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005224 | +4.476% | $26.3M | $64.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005188 | +3.752% | $760K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005196 | +3.923% | $37K | $459K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005245 | +4.902% | $1K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005219 | +4.384% | $593K | $3.7M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005250 | +4.990% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0196% | 8h | 0.000005248 | +4.964% | $48.5M | $177.9M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | +3.460% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0344% | 8h | 0.000005236 | +4.722% | $34K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0379% | 8h | 0.000005245 | +4.900% | $48.8M | $632.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0499% | 8h | 0.000005230 | +4.600% | $4.3M | $26.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0545% | 8h | 0.000005223 | +4.458% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005241 | +4.820% | $1.0M | $33.5M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0684% | 8h | 0.000005236 | +4.714% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0728% | 1h | 0.000005253 | +5.060% | $149K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0733% | 8h | 0.000005239 | +4.772% | $99.6M | $290.1M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0736% | 1h | 0.000005235 | +4.702% | $555K | $226K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0738% | 8h | 0.000005239 | +4.779% | $150.8M | $1.25B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC]long | L +0.0766% / S −0.1537% | 1h | 0.000005000 | long leg | $64K | — | 100x | |
| Nado kPEPE-PERP | +0.0794% | 1h | 0.000005246 | +4.913% | $195K | $896K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0819% | 8h | 0.000005239 | +4.789% | $6K | — | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0844% | 1h | 0.000005137 | +2.740% | $102K | $743K | 25x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0849% | 8h | 0.000005237 | +4.732% | $1.9M | $9.5M | 50x | |
| Lighter 1000PEPE | +0.0872% | 1h | 0.000005230 | +4.600% | $602K | $8.3M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0898% | 1h | 0.000005231 | +4.620% | $74K | $125K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0900% | 1h | 0.000005237 | +4.740% | $2K | $12K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1154% | 1h | 0.000005228 | +4.556% | $99K | $666K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.1176% | 1h | 0.000005244 | +4.880% | $633 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1244% | 1h | 0.000005238 | +4.754% | $4.7M | $15.9M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1589% | 1h | 0.000005230 | +4.600% | $56.3M | $141.6M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Nado kPEPE-PERP
Paradex kPEPE-USD-PERP
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE