Funding you earn now, next payment 03:00 UTC+0.0576%/8h= +63.1% APRnext payment +$0.72 per $10,000 · paid last 24h +0.088%
Price spread now: Extended against dYdX−0.491%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.491% cheaper against dYdX than usual: you would sell low and buy high (spread −0.491% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 2.8 days of funding at the current rate (+$17 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005096 | 0 | get 0.0000% / 1h | 54m 09s | $19K | $95 | 10x |
| Short | Extended 1000PEPE-USD | 0.000005071 | 0.0576 | get 0.0072% / 1h | 54m 09s | $539K | $219K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $120.96
- Price spread: −0.491% → 0.000%
- −$49.13
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $56.83
- Costs to cover
- 0.150%
- Break-even
- 3.7 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 9 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 9 min ago | 2.95 bp | 7.4 bp −$7 | 42.4 bp −$424 | doesn't fit | doesn't fit |
dYdX: 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 34 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-USDlong | 0.0000% | 1h | 0.000005096 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0009% | 1h | 0.000005059 | −0.731% | $18K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005098 | +0.038% | $63K | $128K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005061 | −0.688% | $98.7M | $329.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005063 | −0.648% | $162.2M | $72.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005061 | −0.682% | $25.3M | $61.6M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005061 | −0.682% | $47.1M | $169.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005145 | +0.954% | $696K | $4.6M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005103 | +0.146% | $27K | $422K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005069 | −0.525% | $1K | $2.4M | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005079 | −0.334% | $578K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005065 | −0.612% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0289% | 8h | 0.000005059 | −0.727% | $45.8M | $579.6M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0301% | 8h | 0.000005075 | −0.423% | $33K | $24K | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0342% | 1h | 0.000005068 | −0.550% | $61K | $114K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0538% | 8h | 0.000005059 | −0.727% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0546% / S −0.0828% | 1h | 0.000005000 | −1.885% | $50K | — | 100x | as long as short |
| Phemex u1000PEPEUSDT | +0.0557% | 8h | 0.000005068 | −0.550% | $2.4M | $7.0M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0572% | 8h | 0.000005068 | −0.542% | $96.4M | $285.9M | 300x | as long as short |
| Extended 1000PEPE-USDshort | +0.0576% | 1h | 0.000005071 | −0.491% | $539K | $219K | 25x | |
| Aevo 1000PEPE-PERP | +0.0576% | 1h | 0.000005108 | +0.235% | $144K | — | 3x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005077 | −0.374% | $928K | $30.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0577% | 8h | 0.000005067 | −0.575% | $143.5M | $1.19B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0685% | 8h | 0.000005066 | −0.589% | $1.7M | $8.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0718% | 8h | 0.000005100 | +0.087% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0723% | 1h | 0.000005074 | −0.433% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0934% | 1h | 0.000005098 | +0.038% | $105K | $749K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +0.176% | $4K | $102K | 12x | as long as short |
| Nado kPEPE-PERP | +0.1008% | 1h | 0.000005063 | −0.640% | $194K | $861K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1010% | 1h | 0.000005061 | −0.694% | $98K | $612K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.1144% | 1h | 0.000005093 | −0.060% | $614 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1371% | 1h | 0.000005074 | −0.426% | $4.2M | $14.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.1744% | 1h | 0.000005080 | −0.315% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1842% | 1h | 0.000005069 | −0.531% | $56.0M | $136.6M | 10x | as long as short |
Extended 1000PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
Phemex u1000PEPEUSDT
MEXC PEPE_USDT
Coinbase International 1000PEPE-PERP-INTX
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE