Funding you earn now, next payment 04:00 UTC+0.0712%/8h= +78.0% APRnext payment +$0.89 per $10,000 · paid last 24h +0.103%
Price spread now: Coinbase International against dYdX+0.440%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$21 a day on $10k at the current rate, and Coinbase International is 0.440% dearer against dYdX than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005316 | 0 | get 0.0000% / 1h | 46m 32s | $20K | $95 | 10x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000005339 | 0.0712 | get 0.0089% / 1h | 46m 32s | $715K | $36.4M | 50x |
dYdX PEPE-USD
Coinbase International 1000PEPE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against dYdX. 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
- $149.52
- Price spread: +0.440% → 0.000%
- $44.03
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $173.55
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 3 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 3 min ago | 4.68 bp | 10.8 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn't fit |
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-USDlong | 0.0000% | 1h | 0.000005316 | long leg | $20K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005331 | +0.295% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +1.230% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005320 | +0.083% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005316 | +0.004% | $104.3M | $371.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005309 | −0.124% | $175.8M | $86.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005331 | +0.288% | $26.9M | $67.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005323 | +0.131% | $765K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005322 | +0.125% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005344 | +0.540% | $2K | $2.5M | 20x | as long as short |
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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-USDT | +0.0100% | 8h | 0.000005353 | +0.696% | $613K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005338 | +0.431% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0262% | 8h | 0.000005317 | +0.026% | $51.9M | $186.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0377% | 8h | 0.000005341 | +0.472% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0419% | 8h | 0.000005322 | +0.120% | $52.3M | $675.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005333 | +0.327% | $4.5M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0607% | 8h | 0.000005338 | +0.420% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0685% | 1h | 0.000005335 | +0.365% | $2K | $10K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0688% | 1h | 0.000005334 | +0.346% | $76K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXshort | +0.0712% | 1h | 0.000005339 | +0.440% | $715K | $36.4M | 50x | |
| BingX 1000PEPE-USDC | +0.0754% | 8h | 0.000005311 | −0.088% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005336 | +0.384% | $151K | — | 3x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0800% | 8h | 0.000005311 | −0.095% | $6K | — | 20x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005316 | +0.004% | $103.8M | $292.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000005320 | +0.075% | $154.0M | $1.31B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005314 | −0.035% | $563K | $226K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0858% | 1h | 0.000005321 | +0.111% | $190K | $914K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0892% / S −0.1742% | 1h | 0.000005000 | −5.937% | $66K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0940% | 8h | 0.000005330 | +0.268% | $1.9M | $9.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1248% | 1h | 0.000005328 | +0.233% | $643 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1264% | 1h | 0.000005326 | +0.196% | $683K | $8.5M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1270% | 1h | 0.000005320 | +0.083% | $175K | $798K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1385% | 1h | 0.000005337 | +0.395% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1532% | 1h | 0.000005331 | +0.281% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1768% | 1h | 0.000005339 | +0.440% | $58.6M | $144.4M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
Paradex kPEPE-USD-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE