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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PEPE-USDT | 0.000004857 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $552K | $3.5M | 75x |
| Short | Binance 1000PEPEUSDT | 0.000004852 | 0.0791 | get 0.0791% / 8h | 2h 50m | $130.3M | $1.01B | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 3 min ago | 15.58 bp | 49.1 bp −$49 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.41 bp | 9.7 bp −$10 | 16.3 bp −$163 | 41.7 bp −$4,169 | 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 | 0.000004841 | −0.334% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004847 | −0.216% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004846 | −0.231% | $56.1M | $68.4M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004845 | −0.251% | $58K | $108K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004855 | −0.054% | $88.9M | $271.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004848 | −0.189% | $148.0M | $60.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004844 | −0.261% | $23.7M | $50.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004889 | +0.664% | $719K | $3.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004830 | −0.556% | $27K | $336K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004861 | +0.074% | $2K | $2.4M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000004857 | long leg | $552K | $3.5M | 75x | |
| OKX PEPE-USDT-SWAP | +0.0102% | 8h | 0.000004856 | −0.025% | $41.6M | $491.2M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0176% | 8h | 0.000004841 | −0.338% | $43.6M | $149.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0176% | 1h | 0.000004850 | −0.148% | $542K | $5.0M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004851 | −0.124% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004852 | −0.107% | $4.0M | $21.7M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0234% | 1h | 0.000004847 | −0.202% | $109K | $619K | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0315% / S −0.0369% | 1h | 0.000004000 | −17.648% | $41K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0340% | 8h | 0.000004848 | −0.187% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0352% | 8h | 0.000004849 | −0.167% | $30K | $10K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0430% | 8h | 0.000004853 | −0.095% | $2.3M | $6.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004847 | −0.210% | $596K | $25.4M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0516% | 1h | 0.000004838 | −0.395% | $100K | $757K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004856 | −0.025% | $4K | $92K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0571% | 1h | 0.000004849 | −0.169% | $2K | $9K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0731% | 1h | 0.000004850 | −0.148% | $181K | $868K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0755% | 1h | 0.000004848 | −0.184% | $3.9M | $12.8M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0763% | 8h | 0.000004845 | −0.255% | — | $2.3M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0782% | 1h | 0.000004851 | −0.128% | $82K | $94K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0788% | 8h | 0.000004849 | −0.161% | $93.6M | $286.5M | 300x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0791% | 8h | 0.000004852 | −0.102% | $130.3M | $1.01B | 75x | |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000004845 | −0.257% | $532K | $146K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000004857 | −0.004% | $137K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0843% | 8h | 0.000004848 | −0.185% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1808% | 1h | 0.000004855 | −0.045% | $556 | $2K | 10x | as long as short |
HTX PEPE-USDT
Binance 1000PEPEUSDT
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Lighter 1000PEPE
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USD
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Deribit 1000PEPE_USDC-PERPETUAL
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD