Funding you earn now, next payment 05:00 UTC−0.0673%/8h= −73.7% APRnext payment −$0.84 per $10,000 · paid last 24h −0.109%
Price spread now: gTrade (Gains Network) against Coinbase International−0.191%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and gTrade (Gains Network) is 0.191% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 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 | Coinbase International 1000PEPE-PERP-INTX | 0.000005130 | 0.0680 | pay 0.0085% / 1h | 3m 01s | $689K | $37.9M | 50x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000005120 | L +0.0006% / S −0.0007% | get 0.0001% / 1h | 3m 01s | $4K | — | 150x |
Coinbase International 1000PEPE-PERP-INTX
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. 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
- −$141.37
- Price spread: −0.191% → 0.000%
- −$19.1
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$180.47
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; 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 Coinbase International live order book, 1 min ago | 4.87 bp | 11.8 bp −$12 | 16.1 bp −$161 | 53.3 bp −$5,335 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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 | 0.000005123 | −0.145% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0007% | 1h | 0.000005120 | −0.191% | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005130 | 0.000% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005139 | +0.175% | $100.5M | $410.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005124 | −0.117% | $162.3M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005142 | +0.230% | $25.9M | $71.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005136 | +0.109% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005133 | +0.055% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005136 | +0.107% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005129 | −0.019% | $583K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0140% | 1h | 0.000005130 | 0.000% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005125 | −0.104% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0319% | 8h | 0.000005141 | +0.218% | $45.7M | $213.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0336% | 1h | 0.000005126 | −0.078% | $73K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005129 | −0.027% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005141 | +0.214% | $47.9M | $714.6M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0541% | 8h | 0.000005129 | −0.012% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0543% | 8h | 0.000005131 | +0.019% | $4.4M | $29.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0600% | 1h | 0.000005134 | +0.078% | $619K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0618% | 8h | 0.000005130 | −0.004% | $2.4M | $8.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0648% | 1h | 0.000005131 | +0.016% | $68K | $843K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0661% | 1h | 0.000005128 | −0.041% | $161K | $953K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005130 | 0.000% | $619 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXlong | +0.0680% | 1h | 0.000005130 | long leg | $689K | $37.9M | 50x | |
| ApeX Omni 1000PEPEUSDT | +0.0703% | 1h | 0.000005129 | −0.019% | $155K | $818K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0759% | 8h | 0.000005129 | −0.029% | — | $217.1M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0792% | 8h | 0.000005137 | +0.143% | $142.8M | $1.44B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005138 | +0.148% | $544K | $281K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000005140 | +0.203% | $98.7M | $305.0M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005129 | −0.019% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0821% | 8h | 0.000005135 | +0.094% | $1.8M | $11.5M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0833% | 1h | 0.000005128 | −0.031% | $4.7M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1028% | 1h | 0.000005136 | +0.117% | $54.8M | $153.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1131% / S −0.2351% | 1h | 0.000005000 | −2.534% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005120 | −0.195% | $10K | $119K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP