Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0691%/8h= +75.7% APRnext payment +$6.91 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against HTX−0.102%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$880.882% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 3 days (all we have)−0.157%−$16 · spread now −0.102%, 7d avg +0.006%
Together, before fees−0.215%−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.108% cheaper against HTX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.006%). If the spread goes back, that is −$11 on $10k: about 13 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEPE-USDT0.0000048570.0100pay 0.0100% / 8h2h 50m$552K$3.5M75x
ShortBinance 1000PEPEUSDT0.0000048520.0791get 0.0791% / 8h2h 50m$130.3M$1.01B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$145.17
Price spread: −0.102% → +0.006%
−$10.84
Slippage, 4 orders
−$66.22
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$46.11
Costs to cover
0.882%
Break-even
4.8 days
Slippage from HTX: live order book, 3 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 3 min ago15.58 bp49.1 bp −$4962.6 bp −$626doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.41 bp9.7 bp −$1016.3 bp −$16341.7 bp −$4,169doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000004841−0.334%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004847−0.216%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004846−0.231%$56.1M$68.4M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004845−0.251%$58K$108K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004855−0.054%$88.9M$271.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004848−0.189%$148.0M$60.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004844−0.261%$23.7M$50.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004889+0.664%$719K$3.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004830−0.556%$27K$336K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004861+0.074%$2K$2.4M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDTlong+0.0100%8h0.000004857long leg$552K$3.5M75x
OKX PEPE-USDT-SWAP+0.0102%8h0.000004856−0.025%$41.6M$491.2M50xas long as short
Bitget PEPEUSDT+0.0176%8h0.000004841−0.338%$43.6M$149.2M75xas long as short
Lighter 1000PEPE+0.0176%1h0.000004850−0.148%$542K$5.0M10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004851−0.124%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004852−0.107%$4.0M$21.7M75xas long as short
Backpack kPEPE_USDC_PERP+0.0234%1h0.000004847−0.202%$109K$619K15xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0315% / S −0.0369%1h0.000004000−17.648%$41K100xas long as short
Paradex kPEPE-USD-PERP+0.0340%8h0.000004848−0.187%$5K$1620xas long as short
Orderly PERP_1000PEPE_USDC+0.0352%8h0.000004849−0.167%$30K$10K20xas long as short
Phemex u1000PEPEUSDT+0.0430%8h0.000004853−0.095%$2.3M$6.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000004847−0.210%$596K$25.4M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0516%1h0.000004838−0.395%$100K$757K25xas long as short
Injective PEPE/USDC PERP+0.0555%1h0.000004856−0.025%$4K$92K12xas long as short
SoDEX 1000PEPE-USD+0.0571%1h0.000004849−0.169%$2K$9K10xas long as short
Nado kPEPE-PERP+0.0731%1h0.000004850−0.148%$181K$868K10xas long as short
Kraken Futures PF_PEPEUSD+0.0755%1h0.000004848−0.184%$3.9M$12.8M50xas long as short
BingX 1000PEPE-USDC+0.0763%8h0.000004845−0.255%$2.3Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0782%1h0.000004851−0.128%$82K$94K25xas long as short
MEXC PEPE_USDT+0.0788%8h0.000004849−0.161%$93.6M$286.5M300xas long as short
Binance 1000PEPEUSDTshort+0.0791%8h0.000004852−0.102%$130.3M$1.01B75x
Extended 1000PEPE-USD+0.0792%1h0.000004845−0.257%$532K$146K25xas long as short
Aevo 1000PEPE-PERP+0.0792%1h0.000004857−0.004%$137K3xas long as short
Aster 1000PEPEUSDT+0.0843%8h0.000004848−0.185%$1.5M$6.8M50xas long as short
01 Exchange kPEPEUSD+0.1808%1h0.000004855−0.045%$556$2K10xas long as short