Funding you earn now, next payment 08:00 UTC−0.0707%/8h= −77.4% APRnext payment −$7.07 per $10,000 · paid last 24h −0.036%
Price spread now: HTX against MEXC−0.025%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.025%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.07 per $10,000. 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 | MEXC PEPE_USDT | 0.000005302 | 0.0807 | pay 0.0807% / 8h | 3h 42m | $103.0M | $293.2M | 300x |
| Short | HTX PEPE-USDT | 0.000005301 | 0.0100 | get 0.0100% / 8h | 3h 42m | $607K | $3.8M | 75x |
MEXC PEPE_USDT
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against MEXC. 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
- −$148.47
- Price spread: −0.025% → −0.008%
- −$1.67
- Slippage, 4 orders
- −$35.15
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$197.28
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.09 bp | 1.3 bp −$1 | 14.7 bp −$147 | 47.4 bp −$4,739 | 77.0 bp −$38.5K |
| Sell HTX live order book, 2 min ago | 9.94 bp | 16.6 bp −$17 | 48.1 bp −$481 | 139.0 bp −$13.9K | 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 | 0.000005295 | −0.141% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005291 | −0.211% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +0.462% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005305 | +0.047% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005292 | −0.206% | $107.7M | $375.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005287 | −0.292% | $174.9M | $86.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005289 | −0.249% | $26.8M | $67.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | +0.209% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005342 | +0.754% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005296 | −0.130% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDTshort | +0.0100% | 8h | 0.000005301 | −0.025% | $607K | $3.8M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005292 | −0.206% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0270% | 8h | 0.000005304 | +0.030% | $51.7M | $188.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0382% | 8h | 0.000005302 | −0.006% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0429% | 8h | 0.000005300 | −0.047% | $52.2M | $675.3M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0556% | 8h | 0.000005322 | +0.368% | $4.8M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0642% | 8h | 0.000005307 | +0.091% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0644% | 1h | 0.000005303 | +0.009% | $2K | $10K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0694% | 1h | 0.000005300 | −0.047% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005301 | −0.028% | $735K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0764% | 8h | 0.000005297 | −0.107% | — | $2.3M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0786% | 8h | 0.000005299 | −0.058% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005304 | +0.028% | $150K | — | 3x | as long as short |
| MEXC PEPE_USDTlong | +0.0807% | 8h | 0.000005302 | long leg | $103.0M | $293.2M | 300x | |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000005296 | −0.114% | $154.4M | $1.31B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005302 | −0.005% | $562K | $226K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0904% / S −0.1776% | 1h | 0.000005000 | −5.705% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERP | +0.0906% | 1h | 0.000005287 | −0.297% | $190K | $916K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0938% | 8h | 0.000005303 | +0.001% | $1.9M | $10.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1032% | 1h | 0.000005324 | +0.405% | $176K | $800K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1184% | 1h | 0.000005303 | +0.009% | $640 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1240% | 1h | 0.000005308 | +0.104% | $690K | $8.6M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1331% | 1h | 0.000005320 | +0.322% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1540% | 1h | 0.000005300 | −0.045% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1748% | 1h | 0.000005298 | −0.085% | $58.1M | $144.6M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Paradex kPEPE-USD-PERP
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
Nado kPEPE-PERP
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE