Funding you earn now, next payment 06:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h −0.091%
Price spread now: HTX against Extended−0.320%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$600.597% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.320%, 7d avg +0.030%
=Together, before fees+0.409%+ Points / potential airdropExtended: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and HTX is 0.350% cheaper against Extended than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment. 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 | Extended 1000PEPE-USD | 0.000005002 | 0.0784 | pay 0.0098% / 1h | 26m 31s | $528K | $277K | 25x |
| Short | HTX PEPE-USDT | 0.000004986 | 0.0100 | get 0.0100% / 8h | 2h 26m | $558K | $4.1M | 75x |
Extended 1000PEPE-USD
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Extended. 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
- −$143.64
- Price spread: −0.320% → +0.030%
- −$34.95
- Slippage, 4 orders
- −$42.65
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$238.25
- Costs to cover
- 0.597%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; HTX: live order book, 2 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 Extended live order book, 21 min ago | 2.98 bp | 7.5 bp −$7 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 10.93 bp | 17.5 bp −$17 | 27.5 bp −$275 | 111.7 bp −$11.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004995 | −0.146% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000004987 | −0.314% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005000 | −0.050% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004997 | −0.110% | $98.0M | $404.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004998 | −0.090% | $161.0M | $94.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004996 | −0.124% | $24.9M | $70.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005001 | −0.035% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005000 | −0.058% | $27K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004999 | −0.070% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000004986 | −0.320% | $558K | $4.1M | 75x |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0177% | 1h | 0.000004997 | −0.110% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005003 | +0.004% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0333% | 8h | 0.000005001 | −0.038% | $44.8M | $210.0M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0399% | 8h | 0.000004994 | −0.172% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005002 | −0.010% | $46.1M | $683.6M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000004998 | −0.090% | $4.4M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0549% | 8h | 0.000005000 | −0.042% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0619% | 1h | 0.000004993 | −0.188% | $73K | $831K | 15x | as long as short |
| Lighter 1000PEPE | +0.0640% | 1h | 0.000005002 | −0.010% | $594K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005012 | +0.190% | $605 | $3K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0650% | 8h | 0.000004999 | −0.076% | $2.4M | $7.9M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000004997 | −0.110% | $636K | $36.6M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0730% | 1h | 0.000004999 | −0.070% | $154K | $813K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0733% | 1h | 0.000005003 | +0.004% | $164K | $943K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0753% | 1h | 0.000004991 | −0.230% | $71K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0760% | 8h | 0.000004995 | −0.140% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USDlong | +0.0784% | 1h | 0.000005002 | long leg | $528K | $277K | 25x | |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000004996 | −0.130% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0785% | 8h | 0.000005001 | −0.032% | $94.9M | $301.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0786% | 8h | 0.000005003 | +0.010% | $140.3M | $1.41B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0837% | 8h | 0.000005001 | −0.037% | $1.8M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0855% | 1h | 0.000004992 | −0.207% | $4.5M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0996% | 1h | 0.000005005 | +0.050% | $52.7M | $152.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1121% / S −0.2155% | 1h | 0.000004000 | −20.040% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004992 | −0.210% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP