Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.187%
Price spread now: KuCoin against Hyperliquid−0.018%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.533%−$53 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now −0.018%, 7d avg −0.103%
=Together, before fees−0.575%+ Points / potential airdropHyperliquid: Season 2 · farm board−$57 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.085% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004992 | 0.0100 | pay 0.0013% / 1h | 21m 27s | $51.1M | $161.8M | 10x |
| Short | KuCoin PEPEUSDTM | 0.000004991 | 0.0100 | get 0.0100% / 8h | 6h 21m | $25.2M | $76.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: −0.018% → −0.103%
- $8.46
- Slippage, 4 orders
- −$18.03
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$30.57
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; KuCoin: 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 Hyperliquid live order book, 6 min ago | 1.00 bp | 5.5 bp −$6 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.41 bp | 11.2 bp −$11 | 20.0 bp −$200 | doesn't fit | doesn't fit |
PEPE on 35 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004984 | −0.154% | $3K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0026% | 1h | 0.000004987 | −0.091% | $4.6M | $16.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004992 | 0.000% | $591K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPElong | +0.0100% | 1h | 0.000004992 | long leg | $51.1M | $161.8M | 10x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004991 | −0.020% | $57K | $198K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004987 | −0.100% | $95.2M | $446.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004986 | −0.120% | $156.0M | $101.5M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000004991 | −0.018% | $25.2M | $76.2M | 75x | |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004989 | −0.062% | $45.2M | $228.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004962 | −0.591% | $631K | $5.3M | — | as long as short |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004976 | −0.319% | $27K | $569K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004986 | −0.120% | $145K | $847K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004994 | +0.042% | $2K | $2.6M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004989 | −0.060% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004985 | −0.148% | $582K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004991 | −0.016% | $2.3M | $8.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0112% | 1h | 0.000004981 | −0.220% | $601 | $2K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0120% | 8h | 0.000004986 | −0.121% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0156% | 1h | 0.000004989 | −0.058% | $141K | $953K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004990 | −0.033% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0200% | 8h | 0.000004989 | −0.060% | $44.7M | $738.4M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0315% | 1h | 0.000004990 | −0.040% | $77K | $997K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0322% | 8h | 0.000004985 | −0.140% | $4.3M | $29.2M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0352% | 1h | 0.000004988 | −0.080% | $57K | $125K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0363% | 1h | 0.000004963 | −0.581% | $5K | $121K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0392% | 8h | 0.000004989 | −0.054% | $32K | $30K | 20x | as long as short |
| Binance 1000PEPEUSDT | +0.0398% | 8h | 0.000004985 | −0.138% | $129.4M | $1.54B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0400% | 1h | 0.000004987 | −0.100% | $522K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0400% | 1h | 0.000004983 | −0.180% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0401% | 8h | 0.000004990 | −0.042% | $102.0M | $307.2M | 300x | as long as short |
| BingX 1000PEPE-USDT | +0.0403% | 8h | 0.000004985 | −0.132% | — | $181.0M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0404% | 8h | 0.000004984 | −0.156% | $1.8M | $12.4M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004992 | 0.000% | $699K | $39.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0885% / S −0.1012% | 1h | 0.000004000 | −19.872% | $51K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.8579% | 1h | 0.000004989 | −0.060% | $25K | $12K | 10x | as long as short |
Hyperliquid kPEPE
KuCoin PEPEUSDTM
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]