Funding you earn now, next payment 00:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.046%
Price spread now: Extended against HTX+0.375%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.516%−$52 · spread now +0.375%, 7d avg −0.058%
=Together, before fees−0.504%+ Points / potential airdropExtended: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.433% dearer against HTX than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% 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 | 0.000004714 | 0.0100 | pay 0.0100% / 8h | 6m 37s | $532K | $3.5M | 75x |
| Short | Extended 1000PEPE-USD | 0.000004732 | 0.0568 | get 0.0071% / 1h | 6m 37s | $518K | $148K | 25x |
HTX PEPE-USDT
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $98.28
- Price spread: +0.375% → −0.058%
- $43.25
- Slippage, 4 orders
- −$24.07
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $100.46
- Costs to cover
- 0.411%
- Break-even
- from the start
Slippage from HTX: live order book, 2 min ago; Extended: live order book, 6 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, 2 min ago | 5.08 bp | 13.4 bp −$13 | 19.3 bp −$193 | 79.9 bp −$7,989 | doesn't fit |
| Sell Extended live order book, 6 min ago | 3.17 bp | 7.8 bp −$8 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0335% | 1h | 0.000004722 | +0.163% | $68.4M | $98.8M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004727 | +0.278% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004721 | +0.134% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004724 | +0.215% | $3.8M | $13.9M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004727 | +0.269% | $55K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004729 | +0.312% | $86.9M | $294.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004727 | +0.269% | $149.8M | $65.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004729 | +0.310% | $24.1M | $54.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004731 | +0.352% | $41.8M | $151.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004715 | +0.011% | $567K | $4.2M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004722 | +0.171% | $25K | $350K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004722 | +0.163% | $99K | $754K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004733 | +0.407% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004728 | +0.291% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000004714 | long leg | $532K | $3.5M | 75x | |
| Paradex kPEPE-USD-PERP | +0.0177% | 8h | 0.000004731 | +0.351% | $5K | $16 | 20x | as long as short |
| Lighter 1000PEPE | +0.0184% | 1h | 0.000004732 | +0.375% | $571K | $6.6M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004729 | +0.315% | $7K | — | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0192% | 8h | 0.000004729 | +0.303% | $2.3M | $6.5M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0200% | 8h | 0.000004732 | +0.375% | $42.0M | $495.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0312% | 1h | 0.000004735 | +0.439% | $542 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0325% | 8h | 0.000004730 | +0.333% | $3.9M | $22.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0349% | 8h | 0.000004725 | +0.227% | $29K | $13K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0389% / S −0.0427% | 1h | 0.000004000 | −15.152% | $43K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004711 | −0.070% | $568K | $25.3M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004728 | +0.291% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0526% | 1h | 0.000004731 | +0.344% | $92K | $603K | 15x | as long as short |
| BingX 1000PEPE-USDT | +0.0548% | 8h | 0.000004732 | +0.375% | — | $257.4M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0558% | 8h | 0.000004729 | +0.313% | $1.5M | $7.3M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0566% | 8h | 0.000004732 | +0.384% | $132.4M | $1.07B | 75x | as long as short |
| Extended 1000PEPE-USDshort | +0.0568% | 1h | 0.000004732 | +0.375% | $518K | $148K | 25x | |
| MEXC PEPE_USDT | +0.0568% | 8h | 0.000004733 | +0.392% | $88.5M | $283.4M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0576% | 1h | 0.000004725 | +0.227% | $134K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0609% | 1h | 0.000004733 | +0.402% | $179K | $849K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0809% | 1h | 0.000004727 | +0.269% | $76K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Reya kPEPERUSDPERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL