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

PEP

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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 +0.058%
Price spread now: Bybit against HTX+0.400%7-day average +0.122% · 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+0.378%+$38 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.400%, 7d avg +0.122%
Together, before fees+0.315%+$31 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: Bybit is 0.277% dearer against HTX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PEP-USDT130.020get 0.0000% / 8h7h 13m$6K$356K20x
ShortBybit PEPUSDT130.540get 0.0000% / 8h7h 13m$292K$107K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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: +0.400% → +0.122%
$27.75
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$4.75
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: HTX: live order book, 20 min ago; Bybit: live order book, 11 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 HTX live order book, 20 min ago420.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 11 min ago11.11 bp47.3 bp −$47doesn'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 PEPUSDTshort0.0000%8h130.54+0.400%$292K$107K25x
Gate PEP_USDT0.0000%8h131.07+0.808%$115K$7K25xas long as short
Bitget PEPUSDT0.0000%8h130.10+0.062%$488K$89K20xas long as short
HTX PEP-USDTlong0.0000%8h130.02long leg$6K$356K20x