Funding you earn now, next payment 06:00 UTC−0.0792%/8h= −86.7% APRpaid last 24h −0.067%
Price spread now: dYdX against Binance−0.328%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and dYdX is 0.328% cheaper against Binance than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000005139 | 0.0792 | pay 0.0792% / 8h | 2h 02m | $142.9M | $1.44B | 75x |
| Short | dYdX PEPE-USD | 0.000005123 | 0 | get 0.0000% / 1h | 2m 51s | $19K | $95 | 10x |
Binance 1000PEPEUSDT
dYdX PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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
- −$166.23
- Price spread: −0.328% → 0.000%
- −$32.79
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$219.02
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; dYdX: no order-book sample. 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 Binance live order book, 11 min ago | 0.10 bp | 5.1 bp −$5 | 8.7 bp −$87 | 26.9 bp −$2,685 | 66.3 bp −$33.2K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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-USDshort | 0.0000% | 1h | 0.000005123 | −0.328% | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005120 | −0.374% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005130 | −0.183% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005137 | −0.053% | $100.5M | $410.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005135 | −0.086% | $162.6M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005142 | +0.046% | $25.9M | $71.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005136 | −0.074% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005133 | −0.129% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005136 | −0.076% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005129 | −0.203% | $583K | $4.2M | 75x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0140% | 1h | 0.000005130 | −0.183% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005125 | −0.287% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0319% | 8h | 0.000005137 | −0.041% | $45.7M | $213.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0336% | 1h | 0.000005126 | −0.261% | $73K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005129 | −0.211% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005142 | +0.050% | $47.9M | $715.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0541% | 8h | 0.000005129 | −0.196% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0543% | 8h | 0.000005131 | −0.164% | $4.4M | $29.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0600% | 1h | 0.000005144 | +0.089% | $621K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0618% | 8h | 0.000005130 | −0.187% | $2.4M | $8.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0648% | 1h | 0.000005131 | −0.168% | $68K | $843K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0661% | 1h | 0.000005128 | −0.224% | $161K | $953K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005130 | −0.183% | $619 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005130 | −0.183% | $689K | $37.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0703% | 1h | 0.000005129 | −0.203% | $155K | $818K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0758% | 8h | 0.000005136 | −0.061% | — | $217.1M | — | as long as short |
| Binance 1000PEPEUSDTlong | +0.0792% | 8h | 0.000005139 | long leg | $142.9M | $1.44B | 75x | |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005138 | −0.035% | $544K | $281K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000005140 | +0.019% | $98.7M | $305.0M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005129 | −0.203% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0821% | 8h | 0.000005135 | −0.090% | $1.8M | $11.5M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0833% | 1h | 0.000005128 | −0.214% | $4.7M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1028% | 1h | 0.000005144 | +0.089% | $54.9M | $153.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1131% / S −0.2351% | 1h | 0.000005000 | −2.713% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005120 | −0.378% | $10K | $119K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP