Funding you earn now, next payment 07:00 UTC+0.0539%/8h= +59.1% APRpaid last 24h +0.033%
Price spread now: Phemex against dYdX+0.073%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 +$16 a day on $10k at the current rate, and Phemex is 0.073% dearer against dYdX than usual: you sell high and buy low: +$7 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 | 0.000005090 | 0 | get 0.0000% / 1h | 14m 27s | $19K | $95 | 10x |
| Short | Phemex u1000PEPEUSDT | 0.000005094 | 0.0539 | get 0.0539% / 8h | 1h 14m | $2.4M | $8.0M | 50x |
dYdX PEPE-USD
Phemex u1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $113.26
- Price spread: +0.073% → 0.000%
- $7.3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $98.57
- Costs to cover
- 0.220%
- Break-even
- 0.9 days
Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 4 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 Phemex live order book, 4 min ago | 3.43 bp | 15.9 bp −$16 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005108 | +0.354% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USDlong | 0.0000% | 1h | 0.000005090 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005088 | −0.043% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005099 | +0.177% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005095 | +0.106% | $99.4M | $419.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005098 | +0.158% | $162.3M | $97.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005097 | +0.130% | $597K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005100 | +0.190% | $28K | $544K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005104 | +0.270% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005097 | +0.128% | $591K | $4.2M | 75x | as long as short |
Injective PEPE/USDC PERP
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0101% | 8h | 0.000005104 | +0.275% | $25.9M | $72.5M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0135% | 1h | 0.000005096 | +0.118% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005095 | +0.101% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0285% | 8h | 0.000005097 | +0.136% | $45.7M | $216.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0339% | 1h | 0.000005093 | +0.059% | $73K | $127K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0370% | 1h | 0.000005102 | +0.236% | $149K | $829K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0393% | 8h | 0.000005099 | +0.177% | $47.1M | $724.8M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0394% | 8h | 0.000005091 | +0.030% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0426% | 1h | 0.000005101 | +0.222% | $74K | $860K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0458% | 1h | 0.000005095 | +0.091% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0506% | 8h | 0.000005100 | +0.188% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0514% | 8h | 0.000005102 | +0.236% | $4.4M | $29.4M | 75x | as long as short |
| Phemex u1000PEPEUSDTshort | +0.0539% | 8h | 0.000005094 | +0.073% | $2.4M | $8.0M | 50x | |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005099 | +0.177% | $680K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005099 | +0.177% | $615 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.0688% | 1h | 0.000005101 | +0.216% | $607K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0731% | 8h | 0.000005096 | +0.114% | — | $2.3M | — | as long as short |
| Nado kPEPE-PERP | +0.0749% | 1h | 0.000005100 | +0.199% | $164K | $959K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0755% | 8h | 0.000005097 | +0.138% | $1.7M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0759% | 8h | 0.000005098 | +0.160% | $140.2M | $1.47B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005095 | +0.102% | $541K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005109 | +0.374% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0761% | 8h | 0.000005102 | +0.240% | $98.9M | $305.9M | 300x | as long as short |
| Hyperliquid kPEPE | +0.0938% | 1h | 0.000005101 | +0.216% | $52.8M | $156.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2249% | 1h | 0.000005000 | −1.768% | $63K | — | 100x | as long as short |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Lighter 1000PEPE
BingX 1000PEPE-USDC
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]