Funding you earn now, next payment 23:00 UTC−0.0748%/8h= −81.9% APRnext payment −$0.94 per $10,000 · paid last 24h +0.014%
Price spread now: Hyperliquid against 01 Exchange−0.061%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
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Hyperliquid is 0.061% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 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 | 01 Exchange kPEPEUSD | 0.000004883 | 0.0848 | pay 0.0106% / 1h | 56m 28s | $559 | $2K | 10x |
| Short | Hyperliquid kPEPE | 0.000004880 | 0.0100 | get 0.0013% / 1h | 56m 28s | $59.8M | $74.1M | 10x |
01 Exchange kPEPEUSD
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against 01 Exchange. 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
- −$157.08
- Price spread: −0.061% → 0.000%
- −$6.14
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$179.22
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 7 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 1.04 bp | 9.1 bp −$9 | 11.6 bp −$116 | doesn't fit | doesn't fit |
01 Exchange: 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 | 0.000004870 | −0.275% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004877 | −0.117% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPEshort | +0.0100% | 1h | 0.000004880 | −0.061% | $59.8M | $74.1M | 10x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004876 | −0.143% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004881 | −0.041% | $88.7M | $276.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004875 | −0.164% | $152.3M | $61.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004881 | −0.031% | $25.3M | $53.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004813 | −1.428% | $552K | $3.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004825 | −1.184% | $27K | $341K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004861 | −0.455% | $2K | $2.4M | 20x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004854 | −0.586% | $555K | $3.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0183% | 8h | 0.000004881 | −0.041% | $43.0M | $151.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004882 | −0.026% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0200% | 8h | 0.000004882 | −0.020% | $41.8M | $493.7M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −18.083% | $53K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0322% | 8h | 0.000004852 | −0.635% | $3.9M | $22.1M | 75x | as long as short |
| Nado kPEPE-PERP | +0.0419% | 1h | 0.000004878 | −0.095% | $191K | $848K | 10x | as long as short |
| Lighter 1000PEPE | +0.0424% | 1h | 0.000004883 | 0.000% | $580K | $5.3M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0432% | 8h | 0.000004886 | +0.051% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004852 | −0.635% | $580K | $25.3M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0510% | 8h | 0.000004855 | −0.565% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0528% | 8h | 0.000004878 | −0.108% | $5K | $16 | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0574% | 1h | 0.000004857 | −0.532% | $82K | $94K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0608% | 1h | 0.000004852 | −0.635% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0784% | 1h | 0.000004816 | −1.372% | $102K | $763K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0839% | 8h | 0.000004885 | +0.037% | — | $255.4M | — | as long as short |
| 01 Exchange kPEPEUSDlong | +0.0848% | 1h | 0.000004883 | long leg | $559 | $2K | 10x | |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004849 | −0.696% | $4K | $103K | 12x | as long as short |
| Aevo 1000PEPE-PERP | +0.0880% | 1h | 0.000004886 | +0.061% | $138K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0885% | 8h | 0.000004884 | +0.029% | $92.6M | $282.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0886% | 8h | 0.000004884 | +0.029% | $131.0M | $1.02B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0888% | 1h | 0.000004881 | −0.037% | $535K | $147K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0915% | 8h | 0.000004881 | −0.043% | $1.5M | $6.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1130% | 1h | 0.000004861 | −0.459% | $93K | $614K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1315% | 1h | 0.000004852 | −0.632% | $4.0M | $13.1M | 50x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Nado kPEPE-PERP
Lighter 1000PEPE
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDT
Injective PEPE/USDC PERP
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD