Funding you earn now, next payment 09:00 UTC−0.0572%/8h= −62.6% APRpaid last 24h −0.119%
Price spread now: Gate against Extended−0.022%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now −0.022%, 7d avg +0.009%
=Together, before fees+0.313%+ Points / potential airdropExtended: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.031% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000005128 | 0.0672 | pay 0.0084% / 1h | 44m 54s | $539K | $280K | 25x |
| Short | Gate PEPE_USDT | 0.000005127 | 0.0100 | get 0.0100% / 8h | 7h 44m | $162.9M | $99.2M | 75x |
Extended 1000PEPE-USD
Gate PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$120.12
- Price spread: −0.022% → +0.009%
- −$3.1
- Slippage, 4 orders
- −$21.43
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.65
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Extended: live order book, 53 min ago; Gate: live order book, 4 min ago.
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 Extended live order book, 53 min ago | 3.88 bp | 8.4 bp −$8 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.95 bp | 13.3 bp −$13 | 22.0 bp −$220 | 71.6 bp −$7,156 | doesn't fit |
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 | 0.000005128 | 0.000% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005124 | −0.075% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005133 | +0.095% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005129 | +0.021% | $98.8M | $435.8M | 50x | as long as short |
| Gate PEPE_USDTshort | +0.0100% | 8h | 0.000005127 | −0.022% | $162.9M | $99.2M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005122 | −0.126% | $642K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005131 | +0.052% | $28K | $550K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005139 | +0.222% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005129 | +0.021% | $600K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005134 | +0.106% | $2.4M | $8.1M | 50x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0141% | 1h | 0.000005132 | +0.075% | $2K | $11K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005112 | −0.315% | $7K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0157% | 8h | 0.000005131 | +0.066% | $26.8M | $74.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005132 | +0.069% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0220% | 8h | 0.000005130 | +0.030% | $46.2M | $222.1M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0340% | 8h | 0.000005129 | +0.017% | $47.2M | $749.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0341% | 1h | 0.000005155 | +0.524% | $150K | $837K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0423% | 8h | 0.000005137 | +0.174% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0432% | 8h | 0.000005133 | +0.091% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0453% | 1h | 0.000005131 | +0.048% | $76K | $895K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0460% | 8h | 0.000005131 | +0.056% | $4.5M | $30.5M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005132 | +0.075% | $668K | $39.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0530% | 1h | 0.000005130 | +0.036% | $73K | $128K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0544% | 1h | 0.000005134 | +0.114% | $53.2M | $160.2M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0560% | 1h | 0.000005141 | +0.251% | $620 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0618% | 1h | 0.000005128 | +0.005% | $4.8M | $16.5M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0636% | 1h | 0.000005132 | +0.081% | $165K | $965K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0646% | 8h | 0.000005131 | +0.058% | — | $2.3M | — | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000005135 | +0.134% | $620K | $9.0M | 10x | as long as short |
| Extended 1000PEPE-USDlong | +0.0672% | 1h | 0.000005128 | long leg | $539K | $280K | 25x | |
| Aevo 1000PEPE-PERP | +0.0672% | 1h | 0.000005133 | +0.095% | $145K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0675% | 8h | 0.000005134 | +0.105% | $141.8M | $1.51B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0678% | 8h | 0.000005133 | +0.101% | $101.1M | $306.5M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0694% | 8h | 0.000005134 | +0.114% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1020% / S −0.1149% | 1h | 0.000005000 | −2.499% | $51K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Lighter 1000PEPE
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]