Funding you earn now, next payment 05:00 UTC+0.0603%/8h= +66.0% APRpaid last 24h +0.011%
Price spread now: Binance against Reya+0.170%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Binance is 0.170% dearer against Reya than usual: you sell high and buy low: +$17 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 | Reya kPEPERUSDPERP | 0.000005265 | 0.0189 | pay 0.0024% / 1h | 55m 19s | $8K | — | 15x |
| Short | Binance 1000PEPEUSDT | 0.000005274 | 0.0792 | get 0.0792% / 8h | 3h 55m | $153.4M | $1.29B | 75x |
Reya kPEPERUSDPERP
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Reya. 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
- $126.64
- Price spread: +0.170% → 0.000%
- $17.02
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $127.67
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Binance: 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 Reya no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.09 bp | 7.8 bp −$8 | 15.0 bp −$150 | 44.8 bp −$4,477 | doesn't fit |
Reya: 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-USD | 0.0000% | 1h | 0.000005265 | −0.015% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005264 | −0.019% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005258 | −0.139% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005274 | +0.165% | $70K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005266 | +0.007% | $102.9M | $366.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005260 | −0.101% | $172.3M | $84.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005262 | −0.057% | $27.2M | $66.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005279 | +0.252% | $747K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005261 | −0.087% | $38K | $491K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005290 | +0.465% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005300 | +0.659% | $619K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000005265 | long leg | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0243% | 8h | 0.000005273 | +0.142% | $48.6M | $183.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0373% | 8h | 0.000005274 | +0.165% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0407% | 8h | 0.000005270 | +0.089% | $51.3M | $660.6M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0526% | 8h | 0.000005272 | +0.127% | $4.5M | $27.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0585% | 8h | 0.000005290 | +0.461% | $2.6M | $7.4M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0697% | 1h | 0.000005286 | +0.393% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005302 | +0.697% | $778K | $35.8M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0742% | 8h | 0.000005265 | −0.010% | — | $2.3M | — | as long as short |
| Lighter 1000PEPE | +0.0744% | 1h | 0.000005274 | +0.165% | $639K | $8.4M | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005268 | +0.045% | $560K | $226K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0787% | 8h | 0.000005268 | +0.060% | $102.3M | $291.2M | 300x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0792% | 8h | 0.000005274 | +0.170% | $153.4M | $1.29B | 75x | |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005274 | +0.165% | $149K | — | 3x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005262 | −0.064% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0865% / S −0.1707% | 1h | 0.000005000 | −5.039% | $64K | — | 100x | as long as short |
| SoDEX 1000PEPE-USD | +0.0879% | 1h | 0.000005294 | +0.545% | $2K | $10K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0913% | 8h | 0.000005273 | +0.140% | $1.9M | $9.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0923% | 1h | 0.000005266 | +0.015% | $186K | $912K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1360% | 1h | 0.000005278 | +0.241% | $637 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1383% | 1h | 0.000005253 | −0.234% | $173K | $798K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1428% | 1h | 0.000005285 | +0.379% | $84K | $715K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1541% | 1h | 0.000005297 | +0.603% | $4.8M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1592% | 1h | 0.000005272 | +0.127% | $57.4M | $143.6M | 10x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Lighter 1000PEPE
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USD
Aster 1000PEPEUSDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE