Funding you earn now, next payment 08:00 UTC−0.0181%/8h= −19.8% APRnext payment −$0.23 per $10,000 · paid last 24h −0.055%
Price spread now: gTrade (Gains Network) against Reya−0.138%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.138% cheaper against Reya than usual: you would sell low and buy high (−$14 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 | Reya kPEPERUSDPERP | 0.000005186 | 0.0189 | pay 0.0024% / 1h | 48m 02s | $8K | — | 15x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000005179 | L +0.0006% / S −0.0008% | get 0.0001% / 1h | 48m 02s | $4K | — | 150x |
Reya kPEPERUSDPERP
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Reya. 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
- −$37.93
- Price spread: −0.138% → 0.000%
- −$13.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$67.69
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Reya and gTrade (Gains Network): 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 | 0.000005155 | −0.588% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0008% | 1h | 0.000005179 | −0.138% | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005165 | −0.404% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005190 | +0.078% | $101.4M | $423.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005190 | +0.078% | $164.5M | $97.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005122 | −1.243% | $604K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005131 | −1.062% | $28K | $545K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000005128 | −1.117% | $149K | $832K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005190 | +0.071% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005183 | −0.053% | $603K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0114% | 8h | 0.000005193 | +0.128% | $26.7M | $72.9M | 75x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000005186 | long leg | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0277% | 8h | 0.000005198 | +0.236% | $46.7M | $217.6M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0302% | 1h | 0.000005187 | +0.020% | $2K | $11K | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0387% | 8h | 0.000005194 | +0.155% | $47.7M | $744.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005136 | −0.963% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0407% | 8h | 0.000005185 | −0.024% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0480% | 1h | 0.000005196 | +0.200% | $74K | $870K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0501% | 8h | 0.000005160 | −0.505% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0508% | 8h | 0.000005146 | −0.770% | $4.5M | $29.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0512% | 8h | 0.000005192 | +0.117% | $2.4M | $8.1M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005187 | +0.020% | $694K | $39.3M | 50x | as long as short |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005199 | +0.252% | $619K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0689% | 1h | 0.000005182 | −0.071% | $166K | $954K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0696% | 1h | 0.000005188 | +0.040% | $626 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0708% | 1h | 0.000005185 | −0.010% | $4.8M | $16.6M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0712% | 8h | 0.000005198 | +0.233% | — | $218.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0727% | 8h | 0.000005201 | +0.295% | $1.8M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0744% | 8h | 0.000005199 | +0.248% | $142.8M | $1.48B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0744% | 1h | 0.000005185 | −0.010% | $542K | $285K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0744% | 8h | 0.000005196 | +0.194% | $101.6M | $303.5M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0744% | 1h | 0.000005187 | +0.020% | $147K | — | 3x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0909% | 1h | 0.000005185 | −0.018% | $74K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0995% | 1h | 0.000005197 | +0.213% | $54.1M | $157.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.1782% | 1h | 0.000005000 | −3.585% | $70K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
SoDEX 1000PEPE-USD
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]