Funding you earn now, next payment 08:00 UTC−0.0812%/8h= −88.9% APRnext payment −$8.12 per $10,000 · paid last 24h −0.107%
Price spread now: HTX against Aster−0.688%53s7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)+0.801%+$80 · spread now −0.688%, 7d avg −0.029%
=Together, before fees+0.656%+ Points / potential airdropAster: Stage 5 · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and HTX is 0.659% cheaper against Aster than usual: you would sell low and buy high (−$66 if the spread goes back to its 7-day average of −0.029%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.145% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.12 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 | Aster 1000PEPEUSDT | 0.000005257 | 0.0912 | pay 0.0912% / 8h | 3h 20m | $1.8M | $10.4M | 50x |
| Short | HTX PEPE-USDT | 0.000005221 | 0.0100 | get 0.0100% / 8h | 3h 20m | $585K | $3.9M | 75x |
Aster 1000PEPEUSDT
HTX PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. 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
- −$170.56
- Price spread: −0.688% → −0.029%
- −$65.94
- Slippage, 4 orders
- −$30.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$287.1
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; HTX: live order book, 3 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 Aster live order book, 3 min ago | 1.34 bp | 8.5 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell HTX live order book, 3 min ago | 6.49 bp | 20.6 bp −$21 | 31.4 bp −$314 | 101.9 bp −$10.2K | 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 | 0.000005240 | −0.332% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005258 | +0.010% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +1.330% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005243 | −0.268% | $66K | $162K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005266 | +0.168% | $107.2M | $382.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005249 | −0.154% | $173.1M | $88.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005255 | −0.037% | $26.2M | $68.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005213 | −0.846% | $661K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005239 | −0.346% | $29K | $534K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005223 | −0.650% | $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 | 0.000005221 | −0.688% | $585K | $3.9M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005256 | −0.019% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0310% | 8h | 0.000005259 | +0.042% | $51.1M | $190.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0401% | 8h | 0.000005220 | −0.703% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0434% | 8h | 0.000005254 | −0.058% | $50.7M | $680.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0471% | 8h | 0.000005251 | −0.121% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0472% | 1h | 0.000005218 | −0.743% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0565% | 8h | 0.000005222 | −0.667% | $4.9M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0670% | 8h | 0.000005222 | −0.673% | $2.5M | $7.6M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0709% | 1h | 0.000005218 | −0.743% | $74K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005225 | −0.610% | $705K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0762% | 8h | 0.000005262 | +0.101% | — | $235.9M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005225 | −0.610% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0806% | 8h | 0.000005258 | +0.008% | $99.7M | $296.3M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005255 | −0.038% | $556K | $231K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0810% | 8h | 0.000005268 | +0.200% | $153.1M | $1.34B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0858% | 1h | 0.000005252 | −0.103% | $189K | $917K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0903% | 1h | 0.000005243 | −0.268% | $161K | $808K | 25x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0912% | 8h | 0.000005257 | long leg | $1.8M | $10.4M | 50x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1946% | 1h | 0.000005000 | −4.890% | $65K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005255 | −0.039% | $634 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1148% | 1h | 0.000005221 | −0.684% | $68K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1208% | 1h | 0.000005246 | −0.211% | $632K | $8.8M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1565% | 1h | 0.000005217 | −0.765% | $4.8M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1568% | 1h | 0.000005260 | +0.056% | $57.2M | $145.9M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE