Funding you earn now, next payment 00:00 UTC−0.0345%/8h= −37.7% APRnext payment −$3.45 per $10,000 · paid last 24h +0.047%
Price spread now: Paradex against Binance−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 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 | Binance 1000PEPEUSDT | 0.000004959 | 0.0819 | pay 0.0819% / 8h | 3h 31m | $133.9M | $970.0M | 75x |
| Short | Paradex kPEPE-USD-PERP | 0.000004958 | 0.0475 | get 0.0475% / 8h | 3h 31m | $6K | $26 | 20x |
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$72.35
- Price spread: −0.022% → 0.000%
- −$2.24
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$88.59
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Paradex: 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, 3 min ago | 0.10 bp | 8.0 bp −$8 | 14.6 bp −$146 | 33.0 bp −$3,302 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 0.000004954 | −0.109% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004967 | +0.155% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004959 | −0.004% | $59K | $106K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004953 | −0.117% | $90.0M | $261.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004956 | −0.065% | $43.7M | $489.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004958 | −0.025% | $151.4M | $59.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004958 | −0.025% | $25.2M | $47.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004982 | +0.451% | $725K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004984 | +0.505% | $28K | $333K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004979 | +0.405% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
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 | 0.000004987 | +0.556% | $574K | $3.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0168% | 8h | 0.000004955 | −0.087% | $46.9M | $138.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0188% | 1h | 0.000004972 | +0.259% | $8K | — | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0197% / S −0.0087% | 1h | 0.000004000 | −19.342% | $55K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004988 | +0.580% | $4.1M | $21.6M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0291% | 1h | 0.000004971 | +0.238% | $2K | $9K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000004974 | +0.300% | $31K | $10K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0445% | 1h | 0.000004982 | +0.459% | $103K | $757K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004991 | +0.641% | $645K | $25.4M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0466% | 8h | 0.000004965 | +0.106% | $2.4M | $6.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0475% | 8h | 0.000004958 | −0.022% | $6K | $26 | 20x | |
| Hyperliquid kPEPE | +0.0511% | 1h | 0.000004968 | +0.177% | $56.8M | $62.9M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0555% | 1h | 0.000004975 | +0.318% | $80K | $91K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0565% | 1h | 0.000004965 | +0.119% | $99K | $576K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0710% | 1h | 0.000004958 | −0.030% | $195K | $848K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0752% | 1h | 0.000004959 | −0.004% | $568 | $2K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0778% | 8h | 0.000004961 | +0.034% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000004956 | −0.066% | $546K | $145K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000004977 | +0.359% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0819% | 8h | 0.000004960 | +0.010% | $118.0M | $269.5M | 300x | as long as short |
| Binance 1000PEPEUSDTlong | +0.0819% | 8h | 0.000004959 | long leg | $133.9M | $970.0M | 75x | |
| Aster 1000PEPEUSDT | +0.0906% | 8h | 0.000004969 | +0.204% | $1.5M | $6.6M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0911% | 1h | 0.000004972 | +0.258% | $4.0M | $12.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.1046% | 1h | 0.000004995 | +0.721% | $5K | $81K | 12x | as long as short |
| Lighter 1000PEPE | +0.1080% | 1h | 0.000004963 | +0.076% | $600K | $4.9M | 10x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Lighter 1000PEPE