Funding you earn now, next payment 06:00 UTC+0.0617%/8h= +67.5% APRpaid last 24h +0.066%
Price spread now: ApeX Omni against HTX−1.167%76s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+1.087%+$109 · spread now −1.167%, 7d avg −0.008%
=Funding pays, the price is against you. ApeX Omni is 1.158% cheaper against HTX than usual: you would sell low and buy high (spread −1.167% now, against its 7-day average of −0.008%). If the spread goes back, that is −$116 on $10k: about 6.3 days of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.033% in total) that is about 8 months. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PEPE-USDT | 0.000005083 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $569K | $4.1M | 75x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005024 | 0.0717 | get 0.0090% / 1h | 19m 53s | $154K | $813K | 25x |
HTX PEPE-USDT
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against HTX. 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
- $129.51
- Price spread: −1.167% → −0.008%
- −$115.82
- Slippage, 4 orders
- −$38.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$46.61
- Costs to cover
- 0.603%
- Break-even
- 9.5 days
Slippage from HTX: live order book, 4 min ago; ApeX Omni: live order book, 29 min ago.
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 HTX live order book, 4 min ago | 12.32 bp | 19.8 bp −$20 | 32.8 bp −$328 | 97.2 bp −$9,715 | doesn't fit |
| Sell ApeX Omni live order book, 29 min ago | 1.29 bp | 9.4 bp −$9 | 96.8 bp −$968 | doesn't fit | doesn't fit |
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 | 0.000005075 | −0.162% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005078 | −0.100% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005082 | −0.026% | $58K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005092 | +0.175% | $99.9M | $406.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005091 | +0.151% | $162.8M | $94.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005097 | +0.271% | $25.4M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005062 | −0.427% | $602K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005026 | −1.118% | $28K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005089 | +0.108% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000005083 | long leg | $569K | $4.1M | 75x |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005084 | +0.009% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0254% | 1h | 0.000005083 | −0.006% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0333% | 8h | 0.000005095 | +0.234% | $45.5M | $211.0M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0395% | 8h | 0.000005083 | −0.010% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0423% | 8h | 0.000005095 | +0.230% | $47.0M | $700.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005063 | −0.399% | $4.4M | $28.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0567% | 8h | 0.000005080 | −0.055% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0623% | 8h | 0.000005080 | −0.065% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0657% | 1h | 0.000005090 | +0.128% | $74K | $834K | 15x | as long as short |
| Lighter 1000PEPE | +0.0672% | 1h | 0.000005085 | +0.033% | $602K | $9.1M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0674% | 1h | 0.000005082 | −0.025% | $168K | $944K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005084 | +0.014% | $613 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005089 | +0.112% | $647K | $37.4M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0717% | 1h | 0.000005024 | −1.167% | $154K | $813K | 25x | |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005095 | +0.222% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0792% | 8h | 0.000005095 | +0.230% | $98.3M | $302.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0796% | 8h | 0.000005093 | +0.199% | $142.8M | $1.42B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005091 | +0.149% | $539K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005079 | −0.085% | $144K | — | 3x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0841% | 1h | 0.000005079 | −0.085% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0844% | 8h | 0.000005096 | +0.258% | $1.8M | $11.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0932% | 1h | 0.000005083 | −0.006% | $73K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.1005% | 1h | 0.000005093 | +0.191% | $54.0M | $152.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2171% | 1h | 0.000005000 | −1.639% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005027 | −1.108% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP