Funding you earn now, next payment 16:00 UTC+0.0596%/8h= +65.3% APRnext payment +$5.96 per $10,000 · paid last 24h +0.167%
Price spread now: Aster against HTX−0.002%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.002%, 7d avg +0.051%
=Together, before fees+0.164%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.053% cheaper against HTX than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.051%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.206% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.96 per $10,000. 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 | 0.000005136 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $601K | $4.2M | 75x |
| Short | Aster 1000PEPEUSDT | 0.000005136 | 0.0696 | get 0.0696% / 8h | 7h 52m | $1.7M | $12.0M | 50x |
HTX PEPE-USDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $125.21
- Price spread: −0.002% → +0.051%
- −$5.35
- Slippage, 4 orders
- −$32.24
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $67.62
- Costs to cover
- 0.522%
- Break-even
- 3.2 days
Slippage from HTX: live order book, 1 min ago; Aster: live order book, 6 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, 1 min ago | 6.06 bp | 21.5 bp −$22 | 30.7 bp −$307 | 78.4 bp −$7,839 | doesn't fit |
| Sell Aster live order book, 6 min ago | 1.95 bp | 9.2 bp −$9 | 15.3 bp −$153 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005107 | −0.575% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005107 | −0.582% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005115 | −0.419% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005135 | −0.029% | $99.1M | $435.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005131 | −0.107% | $163.6M | $98.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005113 | −0.464% | $635K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005108 | −0.562% | $28K | $548K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005146 | +0.181% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000005136 | long leg | $601K | $4.2M | 75x | |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005113 | −0.458% | $8K | $120K | 12x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
Injective PEPE/USDC PERPShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0152% | 8h | 0.000005137 | +0.016% | $26.9M | $74.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005130 | −0.127% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0229% | 8h | 0.000005135 | −0.025% | $46.1M | $221.8M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0271% | 1h | 0.000005137 | +0.010% | $2K | $11K | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0345% | 8h | 0.000005136 | −0.010% | $47.1M | $749.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0403% | 1h | 0.000005100 | −0.711% | $148K | $836K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0424% | 8h | 0.000005138 | +0.029% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0429% | 8h | 0.000005119 | −0.336% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0435% | 1h | 0.000005136 | −0.006% | $76K | $894K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0467% | 8h | 0.000005133 | −0.068% | $4.6M | $30.4M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0488% | 1h | 0.000005132 | −0.088% | $619 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005126 | −0.204% | $678K | $39.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0552% | 1h | 0.000005139 | +0.049% | $623K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0574% | 1h | 0.000005138 | +0.029% | $53.2M | $159.8M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0613% | 1h | 0.000005132 | −0.088% | $163K | $964K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0617% | 1h | 0.000005135 | −0.032% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0665% | 8h | 0.000005119 | −0.331% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0679% | 8h | 0.000005136 | −0.004% | $141.7M | $1.51B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000005135 | −0.021% | $539K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005134 | −0.049% | $145K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0681% | 8h | 0.000005135 | −0.029% | $100.1M | $305.7M | 300x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0696% | 8h | 0.000005136 | −0.002% | $1.7M | $12.0M | 50x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0725% | 1h | 0.000005135 | −0.029% | $73K | $128K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0968% | 8h | 0.000005132 | −0.078% | $2.4M | $8.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1020% / S −0.1217% | 1h | 0.000005000 | −2.657% | $50K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
Bitget PEPEUSDT
SoDEX 1000PEPE-USD
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Hyperliquid kPEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]