Funding you earn now, next payment 01:00 UTC+0.0630%/8h= +69.0% APRnext payment +$0.79 per $10,000 · paid last 24h +0.125%
Price spread now: Injective against gTrade (Gains Network)+0.665%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—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Injective is 0.665% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$67 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 | 0.000005049 | L +0.0006% / S −0.0008% | pay 0.0001% / 1h | 4m 32s | $4K | — | 150x |
| Short | Injective PEPE/USDC PERP | 0.000005083 | 0.0636 | get 0.0079% / 1h | 4m 32s | $4K | $102K | 12x |
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $132.27
- Price spread: +0.665% → 0.000%
- $66.54
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $188.79
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: live order book, 4 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 Injective live order book, 4 min ago | 22.64 bp | 22.7 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0116% | 1h | 0.000005055 | +0.110% | $4.0M | $14.3M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005067 | +0.348% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0008% | 1h | 0.000005049 | long leg | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005067 | +0.349% | $60K | $120K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005065 | +0.315% | $95.4M | $311.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005066 | +0.329% | $162.8M | $69.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005066 | +0.335% | $25.8M | $57.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005068 | +0.374% | $45.0M | $155.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005053 | +0.063% | $591K | $4.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005083 | +0.670% | $46K | $386K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005060 | +0.206% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005057 | +0.151% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005058 | +0.166% | $567K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005059 | +0.188% | $2.4M | $6.8M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005063 | +0.263% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0193% | 8h | 0.000005069 | +0.388% | $45.2M | $550.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0272% | 8h | 0.000005055 | +0.117% | $32K | $22K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0306% | 8h | 0.000005068 | +0.376% | $6K | $16 | 20x | as long as short |
| BloFin PEPE-USDT | +0.0308% | 8h | 0.000005060 | +0.210% | $4.2M | $24.5M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0344% | 1h | 0.000005053 | +0.071% | $61K | $114K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0348% | 1h | 0.000005084 | +0.685% | $111K | $753K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000005062 | +0.250% | $603K | $28.3M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0459% | 8h | 0.000005070 | +0.418% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0472% | 1h | 0.000005069 | +0.381% | $558K | $199K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0474% | 8h | 0.000005073 | +0.461% | $99.4M | $292.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0476% | 8h | 0.000005072 | +0.440% | $140.2M | $1.13B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0480% | 1h | 0.000005055 | +0.111% | $143K | — | 3x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0501% / S −0.0406% | 1h | 0.000005000 | −0.978% | $63K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0537% | 8h | 0.000005073 | +0.469% | $1.5M | $7.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0571% | 1h | 0.000005066 | +0.323% | $191K | $866K | 10x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005078 | +0.566% | $667K | $6.9M | 10x | as long as short |
| Injective PEPE/USDC PERPshort | +0.0636% | 1h | 0.000005083 | +0.665% | $4K | $102K | 12x | |
| Backpack kPEPE_USDC_PERP | +0.0661% | 1h | 0.000005060 | +0.202% | $96K | $601K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0664% | 1h | 0.000005072 | +0.448% | $1K | $2K | 10x | as long as short |
| Hyperliquid kPEPE | +0.2272% | 1h | 0.000005084 | +0.685% | $56.7M | $132.9M | 10x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Hyperliquid kPEPE