Funding you earn now, next payment 08:00 UTC−0.0363%/8h= −39.7% APRnext payment −$3.63 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against Paradex−0.090%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.090% cheaper against Paradex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kPEPE-USD-PERP | 0.000005221 | 0.0463 | pay 0.0463% / 8h | 3h 21m | $6K | — | 20x |
| Short | Gate PEPE_USDT | 0.000005216 | 0.0100 | get 0.0100% / 8h | 3h 21m | $172.0M | $88.8M | 75x |
Paradex kPEPE-USD-PERP
Gate PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Paradex. 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
- −$76.17
- Price spread: −0.090% → 0.000%
- −$9.02
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.19
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 3 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 0.95 bp | 13.1 bp −$13 | 19.3 bp −$193 | 81.1 bp −$8,114 | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005219 | −0.042% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005215 | −0.115% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +2.036% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005224 | +0.063% | $66K | $162K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005215 | −0.111% | $106.6M | $381.5M | 50x | as long as short |
| Gate PEPE_USDTshort | +0.0100% | 8h | 0.000005216 | −0.090% | $172.0M | $88.8M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005218 | −0.046% | $26.0M | $68.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005215 | −0.118% | $677K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005239 | +0.348% | $29K | $534K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005223 | +0.042% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | 0.000005221 | +0.004% | $585K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005224 | +0.063% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0307% | 8h | 0.000005224 | +0.071% | $50.8M | $190.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0401% | 8h | 0.000005220 | −0.012% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0434% | 8h | 0.000005219 | −0.033% | $50.5M | $675.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0463% | 8h | 0.000005221 | long leg | $6K | — | 20x | |
| SoDEX 1000PEPE-USD | +0.0472% | 1h | 0.000005218 | −0.052% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0565% | 8h | 0.000005222 | +0.025% | $4.9M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0670% | 8h | 0.000005222 | +0.019% | $2.5M | $7.6M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0709% | 1h | 0.000005218 | −0.052% | $74K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005225 | +0.082% | $705K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0761% | 8h | 0.000005220 | −0.008% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005225 | +0.082% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0804% | 8h | 0.000005221 | +0.011% | $98.8M | $296.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0806% | 8h | 0.000005222 | +0.030% | $152.1M | $1.34B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005218 | −0.051% | $553K | $231K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0879% | 1h | 0.000005227 | +0.124% | $189K | $917K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0903% | 1h | 0.000005243 | +0.427% | $161K | $808K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0911% | 8h | 0.000005222 | +0.028% | $1.8M | $10.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0967% / S −0.1938% | 1h | 0.000005000 | −4.228% | $64K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0984% | 1h | 0.000005228 | +0.140% | $631 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1148% | 1h | 0.000005221 | +0.007% | $68K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1232% | 1h | 0.000005224 | +0.063% | $630K | $8.8M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1564% | 1h | 0.000005224 | +0.063% | $56.8M | $145.8M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1565% | 1h | 0.000005217 | −0.074% | $4.8M | $16.4M | 50x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD