Funding you earn now, next payment 08:00 UTC+0.0326%/8h= +35.7% APRnext payment +$0.41 per $10,000 · paid last 24h +0.132%
Price spread now: Deribit against gTrade (Gains Network)−0.012%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PEPE/USD | 0.000005164 | L +0.0006% / S −0.0008% | pay 0.0001% / 1h | 35m 42s | $4K | — | 150x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000005163 | 0.0331 | get 0.0041% / 1h | 35m 42s | $74K | $127K | 25x |
gTrade (Gains Network) PEPE/USD
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against gTrade (Gains Network). 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
- $68.4
- Price spread: −0.012% → 0.000%
- −$1.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $50.24
- Costs to cover
- 0.170%
- Break-even
- 1.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 33 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 33 min ago | 5.84 bp | 9.3 bp −$9 | 16.0 bp −$160 | doesn't fit | doesn't fit |
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 | 0.000005155 | −0.157% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0008% | 1h | 0.000005164 | long leg | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005160 | −0.070% | $60K | $183K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005154 | −0.194% | $99.1M | $427.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005163 | −0.012% | $163.8M | $98.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005160 | −0.060% | $615K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005167 | +0.063% | $28K | $546K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005172 | +0.155% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005169 | +0.112% | $601K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0128% | 8h | 0.000005167 | +0.068% | $26.8M | $73.8M | 75x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005167 | +0.061% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0257% | 1h | 0.000005166 | +0.046% | $2K | $11K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0267% | 8h | 0.000005162 | −0.027% | $46.3M | $219.4M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.0331% | 1h | 0.000005163 | −0.012% | $74K | $127K | 25x | |
| OKX PEPE-USDT-SWAP | +0.0374% | 8h | 0.000005157 | −0.128% | $47.7M | $745.5M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0378% | 1h | 0.000005219 | +1.073% | $151K | $833K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005156 | −0.147% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0412% | 8h | 0.000005170 | +0.134% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0478% | 8h | 0.000005160 | −0.062% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0499% | 8h | 0.000005170 | +0.124% | $4.4M | $30.3M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0502% | 1h | 0.000005163 | −0.004% | $77K | $877K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0526% | 8h | 0.000005168 | +0.089% | $2.4M | $8.1M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005162 | −0.031% | $646K | $39.7M | 50x | as long as short |
| Lighter 1000PEPE | +0.0592% | 1h | 0.000005166 | +0.046% | $620K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0711% | 1h | 0.000005163 | −0.017% | $4.7M | $16.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0712% | 1h | 0.000005160 | −0.070% | $622 | $2K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0712% | 8h | 0.000005154 | −0.178% | — | $218.6M | — | as long as short |
| Nado kPEPE-PERP | +0.0717% | 1h | 0.000005161 | −0.043% | $165K | $956K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0727% | 8h | 0.000005167 | +0.061% | $1.8M | $11.9M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0741% | 8h | 0.000005155 | −0.168% | $100.9M | $306.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0741% | 8h | 0.000005160 | −0.070% | $141.9M | $1.49B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0744% | 1h | 0.000005153 | −0.209% | $542K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0744% | 1h | 0.000005155 | −0.167% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0944% | 1h | 0.000005172 | +0.163% | $53.8M | $157.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1502% | 1h | 0.000005000 | −3.168% | $47K | — | 100x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
Nado kPEPE-PERP
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]