Funding you earn now, next payment 07:00 UTC+0.0508%/8h= +55.6% APRnext payment +$0.64 per $10,000 · paid last 24h +0.049%
Price spread now: 01 Exchange against Deribit+0.234%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and 01 Exchange is 0.234% dearer against Deribit than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit 1000PEPE_USDC-PERPETUAL | 0.000005133 | 0.0140 | pay 0.0017% / 1h | 45m 54s | $73K | $127K | 25x |
| Short | 01 Exchange kPEPEUSD | 0.000005145 | 0.0648 | get 0.0081% / 1h | 45m 54s | $621 | $3K | 10x |
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Deribit. 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
- $106.72
- Price spread: +0.234% → 0.000%
- $23.38
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $116.1
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 28 min ago; 01 Exchange: 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 Deribit live order book, 28 min ago | 27.35 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005164 | +0.604% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005147 | +0.282% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005128 | −0.097% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005155 | +0.429% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005130 | −0.068% | $101.1M | $415.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005128 | −0.097% | $163.5M | $96.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005135 | +0.031% | $25.8M | $72.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | +0.422% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005149 | +0.311% | $28K | $542K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005138 | +0.094% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005132 | −0.019% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005136 | +0.049% | $592K | $4.2M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALlong | +0.0140% | 1h | 0.000005133 | long leg | $73K | $127K | 25x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005129 | −0.082% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0300% | 8h | 0.000005131 | −0.045% | $45.9M | $214.4M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0315% | 1h | 0.000005149 | +0.312% | $156K | $820K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0381% | 8h | 0.000005139 | +0.117% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0405% | 1h | 0.000005131 | −0.031% | $73K | $849K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0416% | 8h | 0.000005133 | 0.000% | $48.3M | $722.3M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0455% | 1h | 0.000005130 | −0.062% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0512% | 8h | 0.000005157 | +0.463% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005158 | +0.487% | $4.6M | $29.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0576% | 8h | 0.000005126 | −0.134% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0584% | 1h | 0.000005134 | +0.019% | $617K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005133 | 0.000% | $677K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSDshort | +0.0648% | 1h | 0.000005145 | +0.234% | $621 | $3K | 10x | |
| BingX 1000PEPE-USDT | +0.0743% | 8h | 0.000005132 | −0.021% | — | $217.5M | — | as long as short |
| Nado kPEPE-PERP | +0.0745% | 1h | 0.000005134 | +0.017% | $162K | $956K | 10x | as long as short |
| Binance 1000PEPEUSDT | +0.0773% | 8h | 0.000005131 | −0.033% | $141.7M | $1.45B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0774% | 8h | 0.000005138 | +0.099% | $98.7M | $302.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005134 | +0.012% | $544K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0776% | 1h | 0.000005137 | +0.078% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0787% | 8h | 0.000005131 | −0.043% | $1.8M | $11.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0944% | 1h | 0.000005135 | +0.039% | $54.9M | $154.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −2.591% | $63K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Nado kPEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]