Funding you earn now, next payment 01:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.052%
Price spread now: Aevo against HTX+0.175%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,157as in the Price arb table
costs, in and out, $10k−$1,17711.768% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.175%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aevo is 0.199% dearer against HTX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% 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 | HTX PEPE-USDT | 0.000004926 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $557K | $3.5M | 75x |
| Short | Aevo 1000PEPE-PERP | 0.000004935 | 0.0512 | get 0.0064% / 1h | 35m 16s | $140K | — | 3x |
HTX PEPE-USDT
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against HTX. 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
- $86.52
- Price spread: +0.175% → −0.025%
- $19.92
- Slippage, 4 orders
- −$1,148.78
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$1,070.34
- Costs to cover
- 11.768%
- Break-even
- 93.6 days
Slippage from HTX: live order book, 4 min ago; Aevo: live order book, 38 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 HTX live order book, 4 min ago | 2.96 bp | 16.1 bp −$16 | 33.8 bp −$338 | 184.0 bp −$18.4K | doesn't fit |
| Sell Aevo live order book, 38 min ago | 273.02 bp | 566.1 bp −$566 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0119% | 1h | 0.000004933 | +0.133% | $3.9M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004928 | +0.034% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004929 | +0.043% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004931 | +0.093% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004928 | +0.030% | $90.4M | $301.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004928 | +0.032% | $156.3M | $65.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004933 | +0.132% | $25.4M | $55.9M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004930 | +0.069% | $43.2M | $151.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004921 | −0.115% | $575K | $4.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004900 | −0.540% | $26K | $352K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) 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 | 0.000004927 | +0.020% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004933 | +0.134% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000004926 | long leg | $557K | $3.5M | 75x | |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004935 | +0.181% | $2.4M | $6.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0188% | 8h | 0.000004931 | +0.093% | $43.3M | $522.2M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004921 | −0.106% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0197% | 8h | 0.000004928 | +0.039% | $6K | $16 | 20x | as long as short |
| Hyperliquid kPEPE | +0.0242% | 1h | 0.000004938 | +0.235% | $58.3M | $114.0M | 10x | as long as short |
| Lighter 1000PEPE | +0.0272% | 1h | 0.000004939 | +0.256% | $578K | $6.7M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0299% | 8h | 0.000004936 | +0.199% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0308% | 8h | 0.000004932 | +0.114% | $4.0M | $23.4M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004937 | +0.215% | $587K | $26.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0410% | 1h | 0.000004921 | −0.116% | $192K | $851K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0455% | 1h | 0.000004932 | +0.114% | $102K | $754K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0456% | 1h | 0.000004927 | +0.012% | $1K | $2K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0462% / S −0.0690% | 1h | 0.000004000 | −18.805% | $46K | — | 100x | as long as short |
| BingX 1000PEPE-USDC | +0.0496% | 8h | 0.000004923 | −0.075% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0504% | 1h | 0.000004932 | +0.112% | $541K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0506% | 8h | 0.000004932 | +0.112% | $97.1M | $282.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0508% | 8h | 0.000004936 | +0.195% | $138.8M | $1.09B | 75x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0512% | 1h | 0.000004935 | +0.175% | $140K | — | 3x | |
| Aster 1000PEPEUSDT | +0.0530% | 8h | 0.000004923 | −0.076% | $1.5M | $7.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0556% | 1h | 0.000004932 | +0.110% | $94K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004931 | +0.093% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0765% | 1h | 0.000004932 | +0.114% | $70K | $107K | 25x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
Lighter 1000PEPE
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL