Funding you earn now, next payment 01:00 UTC+0.0488%/8h= +53.5% APRnext payment +$0.61 per $10,000 · paid last 24h −0.038%
Price spread now: ApeX Omni against Hyperliquid−0.653%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 3 days (all we have)+0.579%+$58 · spread now −0.653%, 7d avg −0.123%
=Together, before fees+0.216%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.530% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.653% now, against its 7-day average of −0.123%). If the spread goes back, that is −$53 on $10k: about 3.6 days of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004903 | 0.0100 | pay 0.0013% / 1h | 41m 29s | $61.2M | $110.5M | 10x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000004871 | 0.0588 | get 0.0074% / 1h | 41m 29s | $101K | $754K | 25x |
Hyperliquid kPEPE
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- $102.53
- Price spread: −0.653% → −0.123%
- −$52.99
- Slippage, 4 orders
- −$23.15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $7.39
- Costs to cover
- 0.421%
- Break-even
- 6.5 days
Slippage from Hyperliquid: live order book, 12 min ago; ApeX Omni: live order book, 32 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 Hyperliquid live order book, 12 min ago | 1.04 bp | 5.5 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 32 min ago | 4.34 bp | 14.1 bp −$14 | 80.1 bp −$801 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0120% | 1h | 0.000004896 | −0.140% | $3.9M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004891 | −0.244% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004893 | −0.202% | $15K | — | 150x | as long as short |
| Hyperliquid kPEPElong | +0.0100% | 1h | 0.000004903 | long leg | $61.2M | $110.5M | 10x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004896 | −0.143% | $57K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004893 | −0.196% | $89.7M | $300.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004897 | −0.122% | $155.7M | $65.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004899 | −0.090% | $24.7M | $56.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004900 | −0.069% | $43.0M | $152.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004859 | −0.903% | $574K | $4.3M | — | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | 0.000004881 | −0.445% | $26K | $350K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004902 | −0.014% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004896 | −0.143% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004892 | −0.216% | $555K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004897 | −0.126% | $2.3M | $6.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0152% | 1h | 0.000004897 | −0.122% | $571K | $6.7M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0187% | 8h | 0.000004895 | −0.173% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004898 | −0.092% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0189% | 8h | 0.000004900 | −0.061% | $43.3M | $520.0M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0304% | 8h | 0.000004900 | −0.071% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0312% | 8h | 0.000004890 | −0.265% | $4.0M | $23.2M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004896 | −0.143% | $557K | $26.5M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0396% | 1h | 0.000004897 | −0.122% | $186K | $848K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0424% | 1h | 0.000004903 | 0.000% | $1K | $2K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0451% / S −0.0669% | 1h | 0.000004000 | −18.417% | $46K | — | 100x | as long as short |
| BingX 1000PEPE-USDC | +0.0512% | 8h | 0.000004897 | −0.124% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0518% | 8h | 0.000004900 | −0.060% | $137.3M | $1.09B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0519% | 8h | 0.000004901 | −0.039% | $96.7M | $281.5M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0520% | 1h | 0.000004896 | −0.143% | $538K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0520% | 1h | 0.000004895 | −0.163% | $138K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0534% | 8h | 0.000004901 | −0.031% | $1.5M | $7.5M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0588% | 1h | 0.000004871 | −0.653% | $101K | $754K | 25x | |
| Backpack kPEPE_USDC_PERP | +0.0608% | 1h | 0.000004894 | −0.175% | $94K | $598K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004875 | −0.571% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0976% | 1h | 0.000004898 | −0.102% | $79K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL