Funding you earn now, next payment 07:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.025%
Price spread now: Bybit against gTrade (Gains Network)+0.204%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$3 a day on $10k at the current rate, and Bybit is 0.204% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$20 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 | gTrade (Gains Network) PEPE/USD | 0.000005104 | L +0.0006% / S −0.0008% | pay 0.0001% / 1h | 12m 46s | $4K | — | 150x |
| Short | Bybit 1000PEPEUSDT | 0.000005114 | 0.0100 | get 0.0100% / 8h | 1h 12m | $99.7M | $420.0M | 50x |
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against gTrade (Gains Network). 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
- $19.81
- Price spread: +0.204% → 0.000%
- $20.38
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.19
- Costs to cover
- 0.210%
- Break-even
- 0.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 1 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.98 bp | 8.1 bp −$8 | 12.2 bp −$122 | 27.8 bp −$2,781 | 204.5 bp −$102.2K |
gTrade (Gains Network): 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 | 0.000005095 | −0.167% | $8K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005099 | −0.088% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0008% | 1h | 0.000005104 | long leg | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005113 | +0.186% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDTshort | +0.0100% | 8h | 0.000005114 | +0.204% | $99.7M | $420.0M | 50x | |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005112 | +0.167% | $162.7M | $97.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005097 | −0.135% | $597K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005097 | −0.121% | $28K | $544K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005098 | −0.112% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005111 | +0.143% | $593K | $4.2M | 75x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
Pacifica kPEPE
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 | 0.000005116 | +0.249% | $26.0M | $72.5M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0134% | 1h | 0.000005113 | +0.186% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005106 | +0.046% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0285% | 8h | 0.000005112 | +0.159% | $45.8M | $216.0M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0334% | 1h | 0.000005099 | −0.088% | $148K | $829K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0338% | 1h | 0.000005109 | +0.108% | $73K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0393% | 8h | 0.000005116 | +0.245% | $47.3M | $727.6M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0396% | 8h | 0.000005111 | +0.143% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0430% | 1h | 0.000005118 | +0.284% | $73K | $860K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0457% | 1h | 0.000005112 | +0.164% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0507% | 8h | 0.000005110 | +0.123% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0513% | 8h | 0.000005114 | +0.206% | $4.4M | $29.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0529% | 8h | 0.000005104 | +0.002% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005116 | +0.245% | $677K | $38.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005108 | +0.088% | $616 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.0688% | 1h | 0.000005116 | +0.245% | $611K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0731% | 8h | 0.000005114 | +0.204% | — | $2.3M | — | as long as short |
| Nado kPEPE-PERP | +0.0746% | 1h | 0.000005104 | +0.002% | $164K | $959K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0752% | 8h | 0.000005115 | +0.233% | $1.8M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0757% | 8h | 0.000005116 | +0.249% | $140.7M | $1.47B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0758% | 8h | 0.000005119 | +0.294% | $99.4M | $306.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005115 | +0.218% | $537K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005117 | +0.265% | $145K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0940% | 1h | 0.000005118 | +0.284% | $53.0M | $156.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2249% | 1h | 0.000005000 | −2.028% | $64K | — | 100x | as long as short |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Lighter 1000PEPE
BingX 1000PEPE-USDC
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]