Funding you earn now, next payment 09:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.013%
Price spread now: Reya against Bitget−0.013%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
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000005016 | 0.0196 | pay 0.0196% / 8h | 7h 30m | $45.6M | $223.7M | 75x |
| Short | Reya kPEPERUSDPERP | 0.000005016 | 0.0189 | get 0.0024% / 1h | 30m 18s | $8K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Bitget. 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
- −$1.45
- Price spread: −0.013% → 0.000%
- −$1.26
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$20.71
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Reya: 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 Bitget live order book, 4 min ago | 1.78 bp | 9.6 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005010 | −0.128% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005018 | +0.034% | $58K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005016 | −0.008% | $96.9M | $439.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005008 | −0.165% | $159.0M | $99.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005028 | +0.227% | $644K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005064 | +0.944% | $28K | $551K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005022 | +0.110% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005019 | +0.048% | $583K | $4.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005027 | +0.213% | $7K | $121K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0157% | 1h | 0.000005031 | +0.293% | $2K | $11K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0165% | 8h | 0.000005011 | −0.110% | $26.7M | $75.0M | 75x | as long as short |
| Reya kPEPERUSDPERPshort | +0.0189% | 1h | 0.000005016 | −0.013% | $8K | — | 15x | |
| Bitget PEPEUSDTlong | +0.0196% | 8h | 0.000005016 | long leg | $45.6M | $223.7M | 75x | |
| ApeX Omni 1000PEPEUSDT | +0.0300% | 1h | 0.000005056 | +0.791% | $148K | $841K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0320% | 8h | 0.000005017 | +0.014% | $45.3M | $737.5M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0349% | 1h | 0.000005015 | −0.026% | $71K | $128K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0391% | 1h | 0.000005024 | +0.146% | $96K | $909K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0408% | 8h | 0.000005019 | +0.047% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0437% | 8h | 0.000005014 | −0.044% | $33K | $30K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0441% | 8h | 0.000005031 | +0.293% | $4.4M | $30.2M | 75x | as long as short |
| Hyperliquid kPEPE | +0.0454% | 1h | 0.000005016 | −0.006% | $51.9M | $160.8M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005023 | +0.134% | $711K | $39.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005023 | +0.134% | $606 | $2K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0588% | 8h | 0.000005021 | +0.086% | $2.3M | $8.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.0608% | 1h | 0.000005021 | +0.094% | $590K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0624% | 8h | 0.000005013 | −0.056% | — | $177.1M | — | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0632% | 1h | 0.000005013 | −0.068% | $4.7M | $16.9M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0647% | 8h | 0.000005017 | +0.020% | $96.9M | $308.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0647% | 8h | 0.000005018 | +0.027% | $138.4M | $1.52B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0648% | 1h | 0.000005013 | −0.072% | $528K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0648% | 1h | 0.000005018 | +0.034% | $142K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0667% | 8h | 0.000005014 | −0.046% | $1.7M | $12.0M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0708% | 1h | 0.000005012 | −0.092% | $157K | $967K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.325% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4017% | 1h | 0.000005015 | −0.033% | $19K | $2K | 10x | as long as short |
Bitget PEPEUSDT
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USD
KuCoin PEPEUSDTM
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
Lighter 1000PEPE
BingX 1000PEPE-USDT
Kraken Futures PF_PEPEUSD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]