Funding you earn now, next payment 06:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.027%
Price spread now: HTX against Reya−0.043%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.043% cheaper against Reya than usual: you would sell low and buy high (−$4 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 | 0.000005007 | 0.0189 | pay 0.0024% / 1h | 30m 43s | $8K | — | 15x |
| Short | HTX PEPE-USDT | 0.000005005 | 0.0100 | get 0.0100% / 8h | 2h 30m | $560K | $4.1M | 75x |
Reya kPEPERUSDPERP
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$18.68
- Price spread: −0.043% → 0.000%
- −$4.28
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$40.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; HTX: live order book, 3 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 HTX live order book, 3 min ago | 6.90 bp | 13.1 bp −$13 | 23.8 bp −$238 | 93.9 bp −$9,394 | 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 | 0.000005003 | −0.077% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000004999 | −0.155% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005006 | −0.021% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005000 | −0.143% | $98.3M | $403.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005001 | −0.121% | $161.4M | $93.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005002 | −0.101% | $24.9M | $70.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005001 | −0.126% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005003 | −0.072% | $27K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005010 | +0.053% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000005005 | −0.043% | $560K | $4.1M | 75x |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0170% | 1h | 0.000005003 | −0.081% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000005007 | long leg | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0336% | 8h | 0.000005001 | −0.127% | $45.0M | $209.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0403% | 8h | 0.000005004 | −0.071% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005003 | −0.081% | $46.3M | $682.7M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0537% | 8h | 0.000005009 | +0.044% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005006 | −0.021% | $4.4M | $27.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0621% | 8h | 0.000005005 | −0.033% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0630% | 1h | 0.000005009 | +0.031% | $73K | $830K | 15x | as long as short |
| Lighter 1000PEPE | +0.0640% | 1h | 0.000005002 | −0.101% | $594K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0640% | 1h | 0.000005013 | +0.119% | $605 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005014 | +0.139% | $637K | $36.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0740% | 1h | 0.000005011 | +0.076% | $165K | $942K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0751% | 1h | 0.000005000 | −0.141% | $71K | $127K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0764% | 1h | 0.000005005 | −0.041% | $154K | $813K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0769% | 8h | 0.000005003 | −0.073% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005003 | −0.080% | $530K | $277K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0792% | 8h | 0.000005001 | −0.117% | $96.0M | $301.4M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005006 | −0.021% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0793% | 8h | 0.000005003 | −0.075% | $140.5M | $1.41B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0847% | 8h | 0.000005007 | −0.002% | $1.7M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0854% | 1h | 0.000005001 | −0.126% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1005% | 1h | 0.000005005 | −0.041% | $52.7M | $152.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1109% / S −0.2076% | 1h | 0.000004000 | −20.113% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | +0.538% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP