Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.131%
Price spread now: HTX against Kraken Futures+0.027%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.027%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000004725 | 0.0067 | pay 0.0008% / 1h | 12m 38s | $3.8M | $13.8M | 50x |
| Short | HTX PEPE-USDT | 0.000004726 | 0.0100 | get 0.0100% / 8h | 12m 38s | $533K | $3.5M | 75x |
Kraken Futures PF_PEPEUSD
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- $6.83
- Price spread: +0.027% → +0.028%
- −$0.12
- Slippage, 4 orders
- −$35.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$50.73
- Costs to cover
- 0.574%
- Break-even
- 59.0 days
Slippage from Kraken Futures: live order book, 6 min ago; HTX: live order book, 6 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 Kraken Futures live order book, 6 min ago | 6.54 bp | 19.3 bp −$19 | 26.4 bp −$264 | 69.0 bp −$6,900 | doesn't fit |
| Sell HTX live order book, 6 min ago | 4.53 bp | 11.7 bp −$12 | 18.0 bp −$180 | 93.2 bp −$9,321 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0291% | 1h | 0.000004721 | −0.075% | $68.7M | $96.1M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004724 | −0.016% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004721 | −0.070% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSDlong | +0.0067% | 1h | 0.000004725 | long leg | $3.8M | $13.8M | 50x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004726 | +0.031% | $55K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004725 | +0.010% | $86.5M | $293.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004724 | −0.011% | $149.0M | $64.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004727 | +0.048% | $24.0M | $54.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004725 | +0.010% | $41.8M | $150.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004736 | +0.239% | $570K | $4.2M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004732 | +0.151% | $25K | $352K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004730 | +0.116% | $99K | $755K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004734 | +0.196% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004730 | +0.116% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000004726 | +0.027% | $533K | $3.5M | 75x | |
| Lighter 1000PEPE | +0.0160% | 1h | 0.000004727 | +0.052% | $571K | $6.5M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0174% | 8h | 0.000004728 | +0.063% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004723 | −0.036% | $7K | — | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0190% | 8h | 0.000004726 | +0.025% | $2.3M | $6.5M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0204% | 8h | 0.000004728 | +0.073% | $41.5M | $493.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0296% | 1h | 0.000004731 | +0.137% | $542 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0321% | 8h | 0.000004727 | +0.052% | $3.9M | $22.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0359% | 8h | 0.000004728 | +0.080% | $29K | $13K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0387% / S −0.0313% | 1h | 0.000004000 | −15.335% | $49K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004725 | +0.010% | $568K | $25.4M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004748 | +0.497% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0544% | 1h | 0.000004726 | +0.025% | $90K | $601K | 15x | as long as short |
| BingX 1000PEPE-USDC | +0.0569% | 8h | 0.000004726 | +0.027% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0569% | 8h | 0.000004725 | +0.014% | $1.5M | $7.3M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0576% | 8h | 0.000004728 | +0.069% | $131.8M | $1.07B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0576% | 1h | 0.000004726 | +0.033% | $521K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0577% | 8h | 0.000004726 | +0.033% | $87.9M | $282.6M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0584% | 1h | 0.000004727 | +0.052% | $134K | — | 3x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0597% | 1h | 0.000004728 | +0.073% | $76K | $98K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0628% | 1h | 0.000004728 | +0.084% | $179K | $849K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP