Funding you earn now, next payment 08:00 UTC+0.0629%/8h= +68.9% APRnext payment +$6.29 per $10,000 · paid last 24h +0.107%
Price spread now: Aster against HTX+0.178%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 4 days (all we have)−0.485%−$49 · spread now +0.178%, 7d avg +0.031%
=Together, before fees−0.340%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Aster is 0.147% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.29 per $10,000. 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 | 0.000005006 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $569K | $3.6M | 75x |
| Short | Aster 1000PEPEUSDT | 0.000005015 | 0.0729 | get 0.0729% / 8h | 5h 17m | $1.8M | $9.1M | 50x |
HTX PEPE-USDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $132.18
- Price spread: +0.178% → +0.031%
- $14.7
- Slippage, 4 orders
- −$29.22
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $97.65
- Costs to cover
- 0.492%
- Break-even
- 1.8 days
Slippage from HTX: live order book, 1 min ago; Aster: live order book, 1 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, 1 min ago | 8.39 bp | 14.8 bp −$15 | 37.8 bp −$378 | 133.9 bp −$13.4K | doesn't fit |
| Sell Aster live order book, 1 min ago | 1.10 bp | 6.8 bp −$7 | 11.1 bp −$111 | 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 | 0.000005007 | +0.020% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005000 | −0.124% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005015 | +0.180% | $64K | $139K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005010 | +0.070% | $97.4M | $339.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005010 | +0.080% | $163.9M | $75.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005012 | +0.118% | $25.8M | $63.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005020 | +0.271% | $680K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005027 | +0.417% | $27K | $444K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005026 | +0.394% | $1K | $2.4M | 20x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000005006 | long leg | $569K | $3.6M | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0124% | 8h | 0.000005010 | +0.088% | $46.0M | $172.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005006 | −0.003% | $8K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0319% | 8h | 0.000005009 | +0.058% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0340% | 8h | 0.000005015 | +0.180% | $45.4M | $585.6M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0350% | 1h | 0.000005005 | −0.020% | $71K | $124K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0455% | 8h | 0.000005022 | +0.320% | $4.3M | $25.0M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0556% | 1h | 0.000005009 | +0.060% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0563% | 1h | 0.000005028 | +0.439% | $99K | $755K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005023 | +0.340% | $929K | $31.4M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0593% | 8h | 0.000005010 | +0.084% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0617% / S −0.1118% | 1h | 0.000005000 | −0.120% | $47K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0636% | 8h | 0.000005015 | +0.170% | $95.4M | $290.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0637% | 8h | 0.000005014 | +0.165% | $140.2M | $1.21B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0640% | 1h | 0.000005013 | +0.134% | $530K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005009 | +0.060% | $142K | — | 3x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0729% | 8h | 0.000005015 | +0.178% | $1.8M | $9.1M | 50x | |
| Phemex u1000PEPEUSDT | +0.0768% | 8h | 0.000005010 | +0.076% | $2.4M | $7.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0812% | 8h | 0.000005010 | +0.080% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0813% | 1h | 0.000005006 | 0.000% | $183K | $871K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005014 | +0.160% | $605 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0970% | 1h | 0.000005010 | +0.078% | $96K | $627K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +1.978% | $4K | $102K | 12x | as long as short |
| Lighter 1000PEPE | +0.1232% | 1h | 0.000005013 | +0.140% | $670K | $8.1M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1390% | 1h | 0.000005006 | +0.001% | $4.3M | $15.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1615% | 1h | 0.000005020 | +0.280% | $53.5M | $139.4M | 10x | as long as short |
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE