Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: dYdX against KuCoin−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (−$2 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 | KuCoin PEPEUSDTM | 0.000005020 | 0.0100 | pay 0.0100% / 8h | 5h 10m | $25.8M | $63.3M | 75x |
| Short | dYdX PEPE-USD | 0.000005018 | 0 | get 0.0000% / 1h | 10m 31s | $18K | $95 | 10x |
KuCoin PEPEUSDTM
dYdX PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.022% → 0.000%
- −$2.2
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$45.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 9 min ago; dYdX: 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 KuCoin live order book, 9 min ago | 0.90 bp | 13.0 bp −$13 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USDshort | 0.0000% | 1h | 0.000005018 | −0.022% | $18K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005019 | −0.002% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005026 | +0.128% | $64K | $139K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005021 | +0.022% | $97.5M | $340.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005020 | +0.008% | $164.8M | $75.7M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000005020 | long leg | $25.8M | $63.3M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005020 | −0.002% | $681K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005022 | +0.046% | $27K | $443K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005031 | +0.219% | $1K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005026 | +0.126% | $571K | $3.6M | 75x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0131% | 8h | 0.000005020 | +0.010% | $45.9M | $173.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005017 | −0.061% | $8K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000005030 | +0.215% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0343% | 8h | 0.000005026 | +0.128% | $45.6M | $588.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0460% | 8h | 0.000005032 | +0.247% | $4.3M | $25.1M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0533% | 1h | 0.000005034 | +0.287% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0542% | 1h | 0.000005020 | +0.008% | $99K | $755K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005027 | +0.147% | $942K | $31.5M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0608% | 8h | 0.000005024 | +0.078% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0631% / S −0.1011% | 1h | 0.000005000 | −0.390% | $49K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0636% | 8h | 0.000005021 | +0.034% | $94.6M | $290.5M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0638% | 8h | 0.000005023 | +0.077% | $140.5M | $1.21B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0640% | 1h | 0.000005024 | +0.088% | $533K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005018 | −0.032% | $142K | — | 3x | as long as short |
| Phemex u1000PEPEUSDT | +0.0713% | 8h | 0.000005026 | +0.133% | $2.4M | $7.1M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0737% | 8h | 0.000005027 | +0.141% | $1.8M | $9.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0783% | 8h | 0.000005021 | +0.025% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0788% | 1h | 0.000005019 | −0.022% | $186K | $872K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0944% | 1h | 0.000005031 | +0.227% | $71K | $124K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0960% | 1h | 0.000005033 | +0.267% | $607 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0964% | 1h | 0.000005036 | +0.335% | $93K | $632K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005011 | −0.171% | $4K | $102K | 12x | as long as short |
| Lighter 1000PEPE | +0.1176% | 1h | 0.000005026 | +0.128% | $665K | $8.1M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1383% | 1h | 0.000005032 | +0.242% | $4.3M | $15.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1586% | 1h | 0.000005032 | +0.247% | $53.8M | $139.6M | 10x | as long as short |
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Phemex u1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE