Funding you earn now, next payment 09:00 UTC−0.0355%/8h= −38.9% APRpaid last 24h −0.196%
Price spread now: HTX against Hyperliquid+0.058%7-day average −0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.058%, 7d avg −0.109%
=Together, before fees−0.499%+ Points / potential airdropHyperliquid: Season 2 · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.166% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.109%): +$17 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000005037 | 0.0455 | pay 0.0057% / 1h | 24m 05s | $52.2M | $160.3M | 10x |
| Short | HTX PEPE-USDT | 0.000005040 | 0.0100 | get 0.0100% / 8h | 7h 24m | $586K | $4.3M | 75x |
Hyperliquid kPEPE
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. 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
- −$74.65
- Price spread: +0.058% → −0.109%
- $16.63
- Slippage, 4 orders
- −$39.56
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$118.57
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; HTX: live order book, 5 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 Hyperliquid live order book, 10 min ago | 0.99 bp | 5.5 bp −$5 | 11.2 bp −$112 | 34.5 bp −$3,447 | doesn't fit |
| Sell HTX live order book, 5 min ago | 8.17 bp | 30.6 bp −$31 | 49.6 bp −$496 | 142.8 bp −$14.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005019 | −0.365% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005033 | −0.079% | $58K | $188K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005032 | −0.099% | $97.3M | $440.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005029 | −0.159% | $159.1M | $100.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004995 | −0.843% | $641K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005031 | −0.122% | $35K | $557K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005039 | +0.036% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000005040 | +0.058% | $586K | $4.3M | 75x | |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005034 | −0.060% | $7K | $121K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0157% | 1h | 0.000005033 | −0.079% | $2K | $11K | 10x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0164% | 8h | 0.000005035 | −0.042% | $26.6M | $75.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0185% | 8h | 0.000005033 | −0.081% | $45.6M | $223.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0188% | 8h | 0.000005033 | −0.085% | $2.3M | $8.1M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005033 | −0.086% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0319% | 8h | 0.000005034 | −0.060% | $45.7M | $740.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0363% | 1h | 0.000005031 | −0.119% | $148K | $841K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0381% | 1h | 0.000005036 | −0.010% | $92K | $911K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0402% | 8h | 0.000005037 | +0.006% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0439% | 8h | 0.000005021 | −0.318% | $4.5M | $30.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0440% | 8h | 0.000005034 | −0.066% | $33K | $30K | 20x | as long as short |
| Hyperliquid kPEPElong | +0.0455% | 1h | 0.000005037 | long leg | $52.2M | $160.3M | 10x | |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005029 | −0.159% | $717K | $39.2M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005043 | +0.119% | $608 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0545% | 1h | 0.000005033 | −0.079% | $72K | $124K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0618% | 8h | 0.000005033 | −0.071% | — | $177.9M | — | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0630% | 1h | 0.000005029 | −0.165% | $4.8M | $16.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0632% | 1h | 0.000005037 | 0.000% | $587K | $9.1M | 10x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005031 | −0.119% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0644% | 8h | 0.000005042 | +0.095% | $137.8M | $1.53B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0645% | 8h | 0.000005033 | −0.079% | $98.3M | $309.4M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0648% | 1h | 0.000005033 | −0.076% | $528K | $285K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0653% | 1h | 0.000005042 | +0.099% | $156K | $968K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0663% | 8h | 0.000005043 | +0.111% | $1.7M | $12.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.735% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4728% | 1h | 0.000005024 | −0.267% | $25K | $12K | 10x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD