Funding you earn now, next payment 06:00 UTC+0.0832%/8h= +91.1% APRnext payment +$1.04 per $10,000 · paid last 24h +0.233%
Price spread now: Kraken Futures against dYdX+0.272%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 +$25 a day on $10k at the current rate, and Kraken Futures is 0.272% dearer against dYdX than usual: you sell high and buy low: +$27 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 | dYdX PEPE-USD | 0.000005119 | 0 | get 0.0000% / 1h | 3m 48s | $19K | $95 | 10x |
| Short | Kraken Futures PF_PEPEUSD | 0.000005133 | 0.0832 | get 0.0104% / 1h | 3m 48s | $4.7M | $16.8M | 50x |
dYdX PEPE-USD
Kraken Futures PF_PEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $174.71
- Price spread: +0.272% → 0.000%
- $27.21
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $181.92
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago | 5.83 bp | 14.1 bp −$14 | 19.1 bp −$191 | 72.4 bp −$7,245 | 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 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-USDlong | 0.0000% | 1h | 0.000005119 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005128 | +0.168% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005127 | +0.155% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005127 | +0.147% | $100.2M | $410.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005128 | +0.174% | $162.3M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005136 | +0.321% | $25.9M | $71.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005136 | +0.323% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005161 | +0.820% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005140 | +0.401% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005126 | +0.133% | $583K | $4.2M | 75x | as long as short |
gTrade (Gains Network) 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 | +0.0152% | 1h | 0.000005134 | +0.291% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005133 | +0.265% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0320% | 8h | 0.000005129 | +0.200% | $45.6M | $212.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0381% | 8h | 0.000005134 | +0.299% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0420% | 8h | 0.000005127 | +0.155% | $47.9M | $712.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0540% | 8h | 0.000005129 | +0.200% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0548% | 8h | 0.000005127 | +0.155% | $4.3M | $29.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0608% | 1h | 0.000005137 | +0.350% | $620K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0620% | 8h | 0.000005132 | +0.254% | $2.4M | $8.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0647% | 1h | 0.000005136 | +0.340% | $68K | $843K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0658% | 1h | 0.000005130 | +0.222% | $160K | $952K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005134 | +0.291% | $619 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005137 | +0.350% | $687K | $38.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0725% | 1h | 0.000005133 | +0.272% | $73K | $127K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0737% | 1h | 0.000005159 | +0.780% | $156K | $817K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0760% | 8h | 0.000005129 | +0.196% | — | $239.9M | — | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005131 | +0.228% | $544K | $281K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000005133 | +0.264% | $98.7M | $304.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0793% | 8h | 0.000005129 | +0.191% | $142.6M | $1.44B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005135 | +0.311% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0822% | 8h | 0.000005130 | +0.219% | $1.8M | $11.5M | 50x | as long as short |
| Kraken Futures PF_PEPEUSDshort | +0.0832% | 1h | 0.000005133 | +0.272% | $4.7M | $16.8M | 50x | |
| Hyperliquid kPEPE | +0.1028% | 1h | 0.000005141 | +0.428% | $54.9M | $153.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1131% / S −0.2351% | 1h | 0.000005000 | −2.326% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005131 | +0.233% | $10K | $119K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
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
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP