Settings8H · net · $10k
Funding arb · Price arb /

PEP

RWAall PEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget0.000%56s7-day average +0.168% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now 0.000%, 7d avg +0.168%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.168% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.168%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PEPUSDT130.100get 0.0000% / 8h7h 44m$488K$89K20x
ShortHTX PEP-USDT130.100get 0.0000% / 8h7h 44m$6K$353K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.168%
−$16.84
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$40.84
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 46 min ago; HTX: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 46 min ago17.26 bp23.3 bp −$2345.1 bp −$451doesn't fitdoesn't fit
Sell HTX live order book, 53 min ago499.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

PEP on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PEPUSDT0.0000%8h130.47+0.284%$292K$107K25xas long as short
Gate PEP_USDT0.0000%8h130.82+0.553%$115K$7K25xas long as short
Bitget PEPUSDTlong0.0000%8h130.10long leg$488K$89K20x
HTX PEP-USDTshort0.0000%8h130.100.000%$6K$353K20x