Funding you earn now, next payment 09:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.033%
Price spread now: KuCoin against gTrade (Gains Network)+0.330%210s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$4 a day on $10k at the current rate, and KuCoin is 0.330% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 210 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PEPE/USD | 0.000005002 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 56m 45s | $3K | — | 150x |
| Short | KuCoin PEPEUSDTM | 0.000005019 | 0.0126 | get 0.0126% / 8h | 6h 56m | $25.6M | $75.9M | 75x |
gTrade (Gains Network) PEPE/USD
KuCoin PEPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $25.36
- Price spread: +0.330% → 0.000%
- $32.99
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $36.35
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 0.30 bp | 17.2 bp −$17 | 28.9 bp −$289 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USDlong | L +0.0005% / S −0.0005% | 1h | 0.000005002 | long leg | $3K | — | 150x | |
| Kraken Futures PF_PEPEUSD | +0.0026% | 1h | 0.000005015 | +0.250% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000005014 | +0.238% | $51.6M | $161.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005007 | +0.098% | $58K | $197K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005010 | +0.166% | $96.5M | $447.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005011 | +0.178% | $160.2M | $100.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004998 | −0.090% | $653K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004997 | −0.094% | $27K | $570K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000005009 | +0.138% | $146K | $846K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005006 | +0.074% | $2K | $2.6M | 20x | as long as short |
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005016 | +0.278% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005007 | +0.098% | $585K | $4.2M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0123% | 8h | 0.000005015 | +0.250% | $44.7M | $225.9M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0126% | 8h | 0.000005019 | +0.330% | $25.6M | $75.9M | 75x | |
| Lighter 1000PEPE | +0.0128% | 1h | 0.000005007 | +0.098% | $591K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0129% | 8h | 0.000005013 | +0.218% | $2.3M | $8.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0144% | 1h | 0.000005000 | −0.042% | $603 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0149% | 1h | 0.000005012 | +0.198% | $57K | $139K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0155% | 1h | 0.000005000 | −0.051% | $152K | $948K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005003 | +0.010% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0271% | 8h | 0.000005011 | +0.178% | $45.7M | $743.7M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0273% | 8h | 0.000005004 | +0.042% | $6K | — | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0363% | 1h | 0.000005011 | +0.178% | $6K | $121K | 12x | as long as short |
| BloFin PEPE-USDT | +0.0393% | 8h | 0.000005018 | +0.318% | $4.4M | $30.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0430% | 8h | 0.000005012 | +0.206% | $32K | $31K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000005020 | +0.358% | $667K | $39.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0496% | 1h | 0.000005019 | +0.340% | $66K | $959K | 15x | as long as short |
| Extended 1000PEPE-USD | +0.0544% | 1h | 0.000005008 | +0.123% | $525K | $288K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0547% | 8h | 0.000005017 | +0.302% | $132.0M | $1.54B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0552% | 1h | 0.000005010 | +0.158% | $142K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0553% | 8h | 0.000005011 | +0.170% | $99.7M | $303.1M | 300x | as long as short |
| BingX 1000PEPE-USDC | +0.0563% | 8h | 0.000005002 | +0.002% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0567% | 8h | 0.000005013 | +0.211% | $1.8M | $12.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0926% / S −0.1034% | 1h | 0.000005000 | −0.042% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.7937% | 1h | 0.000005006 | +0.088% | $25K | $12K | 10x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD