Funding you earn now, next payment 11:00 UTC−0.0482%/8h= −52.7% APRpaid last 24h +0.158%
Price spread now: Kraken Futures against Paradex−0.049%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
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 0.049% cheaper against Paradex than usual: you would sell low and buy high (−$5 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 | 0.000004907 | 0.0108 | pay 0.0108% / 8h | 5h 28m | $5K | — | 20x |
| Short | Kraken Futures PF_PEPEUSD | 0.000004905 | −0.0374 | pay 0.0047% / 1h | 28m 16s | $4.5M | $16.0M | 50x |
Paradex kPEPE-USD-PERP
Kraken Futures PF_PEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$101.13
- Price spread: −0.049% → 0.000%
- −$4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$120
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago | 6.23 bp | 11.2 bp −$11 | 15.5 bp −$155 | 84.9 bp −$8,488 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSDshort | −0.0374% | 1h | 0.000004905 | −0.049% | $4.5M | $16.0M | 50x | |
| 01 Exchange kPEPEUSD | −0.0008% | 1h | 0.000004906 | −0.019% | $592 | $2K | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004903 | −0.086% | $3K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004910 | +0.063% | $597K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004907 | +0.002% | $49.4M | $155.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004909 | +0.043% | $58K | $197K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004905 | −0.041% | $92.3M | $445.3M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004905 | −0.039% | $43.6M | $716.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004903 | −0.080% | $149.2M | $103.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004908 | +0.020% | $24.4M | $76.1M | 75x | as long as short |
01 Exchange kPEPEUSD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
KuCoin PEPEUSDTMShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004903 | −0.084% | $43.9M | $233.8M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004909 | +0.034% | $75K | $996K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004904 | −0.052% | $637K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004905 | −0.036% | $26K | $573K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004907 | +0.002% | $108K | $869K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004906 | −0.019% | $139K | $952K | 10x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004913 | +0.126% | $1K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004907 | +0.002% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004910 | +0.057% | $580K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004911 | +0.077% | $2.3M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0108% | 8h | 0.000004907 | long leg | $5K | — | 20x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0158% | 1h | 0.000004906 | −0.019% | $60K | $119K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0189% | 8h | 0.000004905 | −0.033% | $126.2M | $1.53B | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004906 | −0.022% | $7K | — | 15x | as long as short |
| MEXC PEPE_USDT | +0.0191% | 8h | 0.000004910 | +0.055% | $98.0M | $297.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0192% | 1h | 0.000004905 | −0.041% | $512K | $288K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0192% | 1h | 0.000004906 | −0.019% | $139K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0200% | 8h | 0.000004905 | −0.031% | $1.7M | $12.6M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0206% | 8h | 0.000004905 | −0.033% | — | $2.3M | — | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004910 | +0.063% | $4.2M | $28.5M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004904 | −0.059% | $3K | $123K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0308% | 8h | 0.000004903 | −0.069% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004907 | +0.002% | $717K | $38.5M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0793% / S −0.0894% | 1h | 0.000004000 | −18.482% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4368% | 1h | 0.000004904 | −0.063% | $25K | $18K | 10x | as long as short |
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Binance 1000PEPEUSDT
Reya kPEPERUSDPERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
BingX 1000PEPE-USDC
BloFin PEPE-USDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD