Funding you earn now, next payment 08:00 UTC−0.0667%/8h= −73.0% APRnext payment −$6.67 per $10,000 · paid last 24h −0.107%
Price spread now: HTX against Aster−0.141%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.141%, 7d avg −0.051%
=Together, before fees+0.065%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and HTX is 0.090% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.145% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000PEPEUSDT | 0.000005088 | 0.0767 | pay 0.0767% / 8h | 1h 27m | $1.7M | $11.8M | 50x |
| Short | HTX PEPE-USDT | 0.000005081 | 0.0100 | get 0.0100% / 8h | 1h 27m | $588K | $4.2M | 75x |
Aster 1000PEPEUSDT
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. 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
- −$140.05
- Price spread: −0.141% → −0.051%
- −$9.03
- Slippage, 4 orders
- −$21.67
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$190.75
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; HTX: live order book, 1 min ago.
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 Aster live order book, 1 min ago | 1.08 bp | 10.4 bp −$10 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 6.00 bp | 12.4 bp −$12 | 22.2 bp −$222 | 77.5 bp −$7,749 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005102 | +0.272% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005070 | −0.364% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005077 | −0.212% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005086 | −0.043% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005084 | −0.074% | $99.1M | $419.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005079 | −0.180% | $161.6M | $97.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005087 | −0.013% | $25.8M | $72.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005079 | −0.188% | $595K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005076 | −0.246% | $28K | $543K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005089 | +0.020% | $2K | $2.7M | 20x | as long as short |
Injective PEPE/USDC PERP
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-USDTshort | +0.0100% | 8h | 0.000005081 | −0.141% | $588K | $4.2M | 75x | |
| SoDEX 1000PEPE-USD | +0.0167% | 1h | 0.000005080 | −0.161% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005091 | +0.050% | $8K | — | 15x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0230% | 1h | 0.000005079 | −0.180% | $154K | $822K | 25x | as long as short |
| Bitget PEPEUSDT | +0.0289% | 8h | 0.000005086 | −0.035% | $45.4M | $215.7M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0341% | 1h | 0.000005080 | −0.161% | $72K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0390% | 8h | 0.000005080 | −0.155% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005088 | −0.003% | $47.2M | $722.2M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0419% | 1h | 0.000005084 | −0.080% | $73K | $859K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0459% | 1h | 0.000005079 | −0.172% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0501% | 8h | 0.000005080 | −0.157% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0533% | 8h | 0.000005094 | +0.115% | $4.6M | $29.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0588% | 8h | 0.000005084 | −0.090% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005083 | −0.102% | $605K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005088 | −0.003% | $684K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005089 | +0.016% | $813 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0731% | 8h | 0.000005086 | −0.047% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005085 | −0.062% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0764% | 8h | 0.000005089 | +0.008% | $98.3M | $304.8M | 300x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0767% | 8h | 0.000005088 | long leg | $1.7M | $11.8M | 50x | |
| Binance 1000PEPEUSDT | +0.0767% | 8h | 0.000005087 | −0.013% | $139.6M | $1.46B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0767% | 1h | 0.000005082 | −0.116% | $163K | $959K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000005083 | −0.093% | $538K | $280K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0947% | 1h | 0.000005087 | −0.023% | $52.6M | $156.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2257% | 1h | 0.000005000 | −1.733% | $63K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
ApeX Omni 1000PEPEUSDT
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Nado kPEPE-PERP
Extended 1000PEPE-USD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]