Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.79 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against Gate+0.045%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.045%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEPE_USDT | 0.000004849 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $151.4M | $62.1M | 75x |
| Short | Bitget PEPEUSDT | 0.000004851 | 0.0179 | get 0.0179% / 8h | 2h 21m | $42.9M | $152.0M | 75x |
Gate PEPE_USDT
Bitget PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $16.59
- Price spread: +0.045% → +0.030%
- $1.5
- Slippage, 4 orders
- −$15.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$24.11
- Costs to cover
- 0.422%
- Break-even
- 17.2 days
Slippage from Gate: live order book, 2 min ago; Bitget: 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 Gate live order book, 2 min ago | 2.06 bp | 11.5 bp −$11 | 19.5 bp −$195 | 71.8 bp −$7,183 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.70 bp | 9.7 bp −$10 | 10.3 bp −$103 | 23.0 bp −$2,303 | 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 | 0.000004845 | −0.084% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004843 | −0.126% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004845 | −0.082% | $58.0M | $71.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004847 | −0.041% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004852 | +0.062% | $88.6M | $274.5M | 50x | as long as short |
| Gate PEPE_USDTlong | +0.0100% | 8h | 0.000004849 | long leg | $151.4M | $62.1M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004853 | +0.091% | $25.2M | $53.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004837 | −0.241% | $705K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004818 | −0.640% | $27K | $337K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004856 | +0.136% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
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 | 0.000004858 | +0.181% | $559K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0151% | 8h | 0.000004853 | +0.082% | $41.6M | $490.0M | 50x | as long as short |
| Bitget PEPEUSDTshort | +0.0179% | 8h | 0.000004851 | +0.045% | $42.9M | $152.0M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004852 | +0.067% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0268% | 8h | 0.000004854 | +0.103% | $3.9M | $21.9M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −17.509% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0397% | 8h | 0.000004853 | +0.082% | $30K | $11K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0462% | 8h | 0.000004846 | −0.054% | $2.3M | $6.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004843 | −0.124% | $580K | $25.3M | 50x | as long as short |
| Lighter 1000PEPE | +0.0472% | 1h | 0.000004853 | +0.082% | $618K | $5.2M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0473% | 8h | 0.000004850 | +0.024% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004866 | +0.351% | $4K | $110K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0659% | 1h | 0.000004849 | +0.006% | $93K | $623K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0692% | 1h | 0.000004854 | +0.108% | $192K | $847K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0736% | 1h | 0.000004809 | −0.825% | $100K | $760K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0755% | 1h | 0.000004849 | −0.004% | $3.9M | $13.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0782% | 1h | 0.000004851 | +0.041% | $82K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0784% | 8h | 0.000004855 | +0.115% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0818% | 1h | 0.000004849 | 0.000% | $2K | $9K | 10x | as long as short |
| Aevo 1000PEPE-PERP | +0.0848% | 1h | 0.000004855 | +0.124% | $137K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0849% | 8h | 0.000004860 | +0.233% | $91.7M | $290.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0853% | 8h | 0.000004854 | +0.101% | $129.2M | $1.02B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0856% | 1h | 0.000004846 | −0.061% | $534K | $147K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0891% | 8h | 0.000004852 | +0.056% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1240% | 1h | 0.000004859 | +0.206% | $557 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
SoDEX 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD