Funding you earn now, next payment 12:00 UTC−0.0198%/8h= −21.6% APRpaid last 24h −0.067%
Price spread now: edgeX against Paradex−0.023%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropParadex: Active · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.023% cheaper against Paradex 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 | Paradex kPEPE-USD-PERP | 0.000004996 | 0.0298 | pay 0.0298% / 8h | 7h 03m | $6K | — | 20x |
| Short | edgeX 1000PEPEUSDC | 0.000004994 | 0.0100 | get 0.0050% / 4h | 3h 03m | $27K | $568K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Paradex. 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
- −$41.5
- Price spread: −0.023% → 0.000%
- −$2.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$56.79
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; edgeX: live order book, 30 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 30 min ago | 1.28 bp | 5.9 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004989 | −0.125% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004995 | −0.011% | $57K | $197K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004992 | −0.069% | $96.3M | $447.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004994 | −0.031% | $159.4M | $103.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005002 | +0.123% | $652K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000004994 | −0.023% | $27K | $568K | 20x | |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004990 | −0.111% | $145K | $846K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004999 | +0.063% | $2K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004992 | −0.071% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004993 | −0.055% | $583K | $4.2M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0132% | 8h | 0.000004996 | +0.003% | $25.6M | $75.9M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0139% | 8h | 0.000004991 | −0.087% | $44.4M | $225.6M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005001 | +0.109% | $6K | $121K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0151% | 1h | 0.000004991 | −0.091% | $57K | $139K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004993 | −0.045% | $8K | — | 15x | as long as short |
| Lighter 1000PEPE | +0.0272% | 1h | 0.000004997 | +0.029% | $590K | $9.1M | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0284% | 8h | 0.000004991 | −0.091% | $45.6M | $741.1M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0291% | 1h | 0.000004996 | +0.009% | $51.5M | $161.6M | 10x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0298% | 8h | 0.000004996 | long leg | $6K | — | 20x | |
| Phemex u1000PEPEUSDT | +0.0323% | 8h | 0.000005001 | +0.103% | $2.3M | $8.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0336% | 1h | 0.000004998 | +0.051% | $67K | $959K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0407% | 8h | 0.000004993 | −0.051% | $4.4M | $30.0M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0424% | 1h | 0.000004997 | +0.029% | $603 | $2K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0433% | 8h | 0.000004993 | −0.059% | $32K | $31K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000004998 | +0.049% | $666K | $39.4M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0568% | 1h | 0.000004996 | 0.000% | $152K | $950K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0574% | 8h | 0.000005001 | +0.109% | $99.4M | $313.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0574% | 8h | 0.000004999 | +0.071% | $131.9M | $1.55B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0576% | 1h | 0.000004992 | −0.078% | $525K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0576% | 1h | 0.000004995 | −0.011% | $141K | — | 3x | as long as short |
| BingX 1000PEPE-USDC | +0.0588% | 8h | 0.000004994 | −0.023% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0593% | 8h | 0.000004999 | +0.070% | $1.8M | $12.3M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0635% | 1h | 0.000004992 | −0.074% | $4.6M | $17.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0926% / S −0.1034% | 1h | 0.000004000 | −19.929% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4842% | 1h | 0.000004992 | −0.070% | $25K | $12K | 10x | as long as short |
Paradex kPEPE-USD-PERP
edgeX 1000PEPEUSDC
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
Lighter 1000PEPE
OKX PEPE-USDT-SWAP
Hyperliquid kPEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
GMX PEPE/USD [ETH-USDC]