Funding you earn now, next payment 04:00 UTC+0.1594%/8h= +174.6% APRnext payment +$1.99 per $10,000 · paid last 24h +0.164%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.336%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Hyperliquid is 0.336% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$34 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 | gTrade (Gains Network) PEPE/USD | 0.000005151 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 23m 49s | $15K | — | 150x |
| Short | Hyperliquid kPEPE | 0.000005168 | 0.1600 | get 0.0200% / 1h | 23m 49s | $55.7M | $141.9M | 10x |
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $334.82
- Price spread: +0.336% → 0.000%
- $33.59
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $349.41
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 0.97 bp | 8.9 bp −$9 | 14.8 bp −$148 | 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 | 0.000005152 | +0.016% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000005151 | long leg | $15K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005159 | +0.161% | $66K | $144K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005145 | −0.113% | $100.0M | $357.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005146 | −0.091% | $167.6M | $80.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005143 | −0.146% | $26.0M | $65.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005200 | +0.948% | $761K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005216 | +1.274% | $42K | $463K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005165 | +0.272% | $1K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005156 | +0.111% | $586K | $3.7M | 75x | as long as short |
dYdX 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005153 | +0.036% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0202% | 8h | 0.000005151 | −0.002% | $47.6M | $179.2M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | +0.433% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0348% | 8h | 0.000005158 | +0.138% | $34K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0380% | 8h | 0.000005150 | −0.014% | $48.6M | $625.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0498% | 8h | 0.000005166 | +0.297% | $4.4M | $26.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0607% | 8h | 0.000005160 | +0.179% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005161 | +0.200% | $941K | $33.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0701% | 8h | 0.000005149 | −0.033% | — | $262.9M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0721% | 1h | 0.000005155 | +0.083% | $73K | $125K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0736% | 1h | 0.000005148 | −0.052% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0739% | 8h | 0.000005150 | −0.006% | $98.5M | $290.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0741% | 8h | 0.000005155 | +0.083% | $148.3M | $1.26B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0744% | 1h | 0.000005147 | −0.063% | $546K | $226K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0774% / S −0.1542% | 1h | 0.000005000 | −2.926% | $63K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0803% | 8h | 0.000005160 | +0.174% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0804% | 1h | 0.000005160 | +0.181% | $2K | $10K | 10x | as long as short |
| Lighter 1000PEPE | +0.0840% | 1h | 0.000005165 | +0.278% | $594K | $8.3M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0845% | 1h | 0.000005209 | +1.132% | $104K | $744K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0848% | 8h | 0.000005153 | +0.048% | $1.9M | $9.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0889% | 1h | 0.000005158 | +0.137% | $190K | $898K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1144% | 1h | 0.000005165 | +0.278% | $623 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1164% | 1h | 0.000005164 | +0.258% | $98K | $665K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1263% | 1h | 0.000005159 | +0.155% | $4.6M | $15.9M | 50x | as long as short |
| Hyperliquid kPEPEshort | +0.1600% | 1h | 0.000005168 | +0.336% | $55.7M | $141.9M | 10x |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD