Funding you earn now, next payment 02:00 UTC−0.2273%/8h= −248.9% APRnext payment −$2.84 per $10,000 · paid last 24h −0.122%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.720%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and gTrade (Gains Network) is 0.720% cheaper against Hyperliquid than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000005084 | 0.2278 | pay 0.0285% / 1h | 30m 14s | $56.0M | $135.6M | 10x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000005047 | L +0.0005% / S −0.0005% | get 0.0001% / 1h | 30m 14s | $3K | — | 150x |
Hyperliquid kPEPE
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$477.33
- Price spread: −0.720% → 0.000%
- −$71.99
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$568.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 4 min ago | 0.99 bp | 8.9 bp −$9 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PEPE on 34 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 | 0.000005029 | −1.078% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0005% / S −0.0005% | 1h | 0.000005047 | −0.720% | $3K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005030 | −1.062% | $61K | $125K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005072 | −0.238% | $98.8M | $321.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005077 | −0.138% | $162.3M | $70.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005077 | −0.142% | $25.1M | $60.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005080 | −0.089% | $45.3M | $159.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005030 | −1.068% | $565K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005026 | −1.140% | $27K | $408K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005045 | −0.759% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005060 | −0.470% | $571K | $3.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0188% | 8h | 0.000005078 | −0.122% | $2.4M | $6.8M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005039 | −0.882% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0224% | 8h | 0.000005078 | −0.118% | $44.9M | $567.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0250% | 1h | 0.000005024 | −1.180% | $106K | $750K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0276% | 8h | 0.000005056 | −0.543% | $33K | $23K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005086 | +0.039% | $665K | $29.2M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0479% | 8h | 0.000005073 | −0.214% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0504% | 1h | 0.000005055 | −0.570% | $143K | — | 3x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0506% / S −0.0383% | 1h | 0.000005000 | −1.652% | $65K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0509% | 8h | 0.000005072 | −0.240% | $95.9M | $289.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0512% | 8h | 0.000005079 | −0.104% | $143.2M | $1.16B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0512% | 1h | 0.000005077 | −0.145% | $557K | $199K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0532% | 8h | 0.000005028 | −1.092% | $6K | $16 | 20x | as long as short |
| Aster 1000PEPEUSDT | +0.0599% | 8h | 0.000005041 | −0.846% | $1.7M | $8.1M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0627% | 1h | 0.000005042 | −0.819% | $178K | $879K | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0645% | 1h | 0.000005082 | −0.039% | $2K | $12K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0819% | 1h | 0.000005082 | −0.033% | $4.0M | $14.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0908% | 1h | 0.000005078 | −0.112% | $102K | $616K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005052 | −0.629% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.0992% | 1h | 0.000005048 | −0.708% | $1K | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1334% | 1h | 0.000005058 | −0.511% | $61K | $114K | 25x | as long as short |
| Lighter 1000PEPE | +0.1448% | 1h | 0.000005089 | +0.098% | $1.1M | $7.3M | 10x | as long as short |
| Hyperliquid kPEPElong | +0.2278% | 1h | 0.000005084 | long leg | $56.0M | $135.6M | 10x |
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Paradex kPEPE-USD-PERP
Aster 1000PEPEUSDT
Nado kPEPE-PERP
SoDEX 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Lighter 1000PEPE