Funding you earn now, next payment 07:00 UTC+0.0238%/8h= +26.1% APRnext payment +$0.30 per $10,000 · paid last 24h −0.068%
Price spread now: 01 Exchange against Kraken Futures+0.099%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.099% dearer against Kraken Futures than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000005187 | 0.0450 | pay 0.0056% / 1h | 57m 15s | $4.7M | $16.8M | 50x |
| Short | 01 Exchange kPEPEUSD | 0.000005192 | 0.0688 | get 0.0086% / 1h | 57m 15s | $626 | $3K | 10x |
Kraken Futures PF_PEPEUSD
01 Exchange kPEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Kraken Futures. 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
- $49.98
- Price spread: +0.099% → 0.000%
- $9.95
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $42.93
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; 01 Exchange: 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 Kraken Futures live order book, 2 min ago | 10.78 bp | 19.2 bp −$19 | 26.4 bp −$264 | 66.3 bp −$6,631 | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005206 | +0.369% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005189 | +0.032% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005187 | +0.011% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005208 | +0.408% | $61K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005185 | −0.035% | $102.0M | $412.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005187 | +0.003% | $164.1M | $95.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005187 | +0.005% | $26.0M | $71.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005159 | −0.546% | $617K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005173 | −0.268% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005199 | +0.236% | $1K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005190 | +0.061% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005187 | +0.003% | $590K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005193 | +0.110% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0312% | 8h | 0.000005186 | −0.022% | $46.3M | $213.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005187 | −0.007% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005187 | +0.003% | $48.6M | $724.0M | 50x | as long as short |
| Kraken Futures PF_PEPEUSDlong | +0.0450% | 1h | 0.000005187 | long leg | $4.7M | $16.8M | 50x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0522% | 1h | 0.000005188 | +0.022% | $74K | $127K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0526% | 8h | 0.000005210 | +0.438% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0545% | 8h | 0.000005186 | −0.016% | $4.4M | $29.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0556% | 8h | 0.000005184 | −0.055% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005187 | +0.003% | $701K | $38.4M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0672% | 1h | 0.000005154 | −0.633% | $156K | $818K | 25x | as long as short |
| 01 Exchange kPEPEUSDshort | +0.0688% | 1h | 0.000005192 | +0.099% | $626 | $3K | 10x | |
| Nado kPEPE-PERP | +0.0710% | 1h | 0.000005193 | +0.111% | $166K | $955K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0751% | 8h | 0.000005187 | +0.011% | — | $217.3M | — | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0782% | 1h | 0.000005187 | +0.001% | $72K | $848K | 15x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005194 | +0.138% | $147K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0788% | 8h | 0.000005190 | +0.053% | $99.8M | $301.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0789% | 8h | 0.000005186 | −0.014% | $143.6M | $1.44B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005188 | +0.023% | $550K | $281K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0816% | 8h | 0.000005189 | +0.035% | $1.9M | $11.6M | 50x | as long as short |
| Lighter 1000PEPE | +0.0832% | 1h | 0.000005193 | +0.119% | $624K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1049% | 1h | 0.000005198 | +0.215% | $55.5M | $154.3M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1134% / S −0.2351% | 1h | 0.000005000 | −3.602% | $64K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Backpack kPEPE_USDC_PERP
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Lighter 1000PEPE
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]