Funding you earn now, next payment 09:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.057%
Price spread now: dYdX against Reya−0.055%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 −$6 a day on $10k at the current rate, and dYdX is 0.055% cheaper against Reya 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 | Reya kPEPERUSDPERP | 0.000005085 | 0.0189 | pay 0.0024% / 1h | 38m 44s | $8K | — | 15x |
| Short | dYdX PEPE-USD | 0.000005082 | 0 | get 0.0000% / 1h | 38m 44s | $19K | $649 | 10x |
Reya kPEPERUSDPERP
dYdX PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$39.71
- Price spread: −0.055% → 0.000%
- −$5.49
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$61.2
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Reya and 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 | 0.000005082 | −0.055% | $19K | $649 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005080 | −0.090% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005084 | −0.019% | $59K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005084 | −0.027% | $98.0M | $436.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005080 | −0.098% | $161.4M | $99.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005099 | +0.269% | $638K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005112 | +0.522% | $28K | $549K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005094 | +0.173% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005086 | +0.028% | $595K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0122% | 1h | 0.000005087 | +0.040% | $2K | $11K | 10x | 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-USDT
SoDEX 1000PEPE-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005084 | −0.019% | $7K | $121K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0165% | 8h | 0.000005083 | −0.031% | $26.6M | $74.8M | 75x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000005085 | long leg | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0209% | 8h | 0.000005083 | −0.045% | $45.8M | $222.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0333% | 8h | 0.000005090 | +0.099% | $46.5M | $745.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0340% | 1h | 0.000005085 | 0.000% | $72K | $128K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0381% | 1h | 0.000005107 | +0.433% | $149K | $838K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0392% | 8h | 0.000005091 | +0.112% | $2.4M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0404% | 1h | 0.000005086 | +0.028% | $97K | $907K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0413% | 8h | 0.000005086 | +0.012% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0436% | 8h | 0.000005088 | +0.057% | $33K | $26K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0456% | 8h | 0.000005088 | +0.059% | $4.4M | $30.3M | 75x | as long as short |
| Hyperliquid kPEPE | +0.0481% | 1h | 0.000005085 | 0.000% | $52.7M | $160.3M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005084 | −0.019% | $675K | $39.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005090 | +0.099% | $614 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0544% | 1h | 0.000005089 | +0.079% | $608K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0624% | 1h | 0.000005083 | −0.042% | $4.7M | $16.6M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0642% | 8h | 0.000005085 | −0.006% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0657% | 8h | 0.000005085 | +0.005% | $140.1M | $1.51B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0661% | 8h | 0.000005092 | +0.138% | $100.4M | $307.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0664% | 1h | 0.000005082 | −0.063% | $534K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0664% | 1h | 0.000005084 | −0.019% | $144K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0675% | 8h | 0.000005085 | +0.008% | $1.7M | $12.0M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0684% | 1h | 0.000005084 | −0.020% | $162K | $965K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1018% / S −0.1149% | 1h | 0.000005000 | −1.671% | $51K | — | 100x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]