Funding you earn now, next payment 09:00 UTC+0.0289%/8h= +31.7% APRpaid last 24h +0.196%
Price spread now: Hyperliquid against HTX+0.398%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days+0.496%+$50 on $10k
+Price spread, last 4 days (all we have)−0.453%−$45 · spread now +0.398%, 7d avg +0.109%
=Together, before fees+0.043%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.289% dearer against HTX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PEPE-USDT | 0.000005025 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $585K | $4.3M | 75x |
| Short | Hyperliquid kPEPE | 0.000005045 | 0.0389 | get 0.0049% / 1h | 18m 02s | $52.2M | $161.4M | 10x |
HTX PEPE-USDT
Hyperliquid kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $60.71
- Price spread: +0.398% → +0.109%
- $28.92
- Slippage, 4 orders
- −$31.68
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $36.95
- Costs to cover
- 0.527%
- Break-even
- 2.7 days
Slippage from HTX: live order book, 1 min ago; Hyperliquid: 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 | 11.86 bp | 18.2 bp −$18 | 47.8 bp −$478 | 131.3 bp −$13.1K | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.98 bp | 8.0 bp −$8 | 12.3 bp −$123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005028 | +0.052% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005011 | −0.279% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005037 | +0.235% | $97.7M | $445.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005033 | +0.159% | $157.7M | $102.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004969 | −1.119% | $655K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004979 | −0.908% | $27K | $566K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005038 | +0.249% | $1K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005030 | +0.100% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000005025 | long leg | $585K | $4.3M | 75x | |
| ApeX Omni 1000PEPEUSDT | +0.0134% | 1h | 0.000004953 | −1.433% | $145K | $839K | 25x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000004965 | −1.194% | $6K | $121K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0158% | 8h | 0.000005032 | +0.149% | $26.1M | $75.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0174% | 8h | 0.000005044 | +0.372% | $45.1M | $226.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005027 | +0.037% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0316% | 8h | 0.000005042 | +0.338% | $46.3M | $749.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0374% | 8h | 0.000005008 | −0.342% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0382% | 1h | 0.000005040 | +0.306% | $71K | $954K | 15x | as long as short |
| Hyperliquid kPEPEshort | +0.0389% | 1h | 0.000005045 | +0.398% | $52.2M | $161.4M | 10x | |
| BloFin PEPE-USDT | +0.0439% | 8h | 0.000004988 | −0.736% | $4.4M | $30.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0440% | 8h | 0.000005032 | +0.135% | $33K | $30K | 20x | as long as short |
| Lighter 1000PEPE | +0.0504% | 1h | 0.000005034 | +0.179% | $593K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005030 | +0.100% | $686K | $39.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0512% | 1h | 0.000005026 | +0.020% | $606 | $2K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0526% | 8h | 0.000005032 | +0.143% | $2.3M | $8.1M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0616% | 8h | 0.000005043 | +0.360% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0629% | 8h | 0.000005035 | +0.196% | $137.6M | $1.54B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0630% | 1h | 0.000005029 | +0.081% | $4.6M | $17.1M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0632% | 1h | 0.000005030 | +0.099% | $528K | $286K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0633% | 8h | 0.000005040 | +0.299% | $99.9M | $311.8M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005024 | −0.020% | $142K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0644% | 1h | 0.000005032 | +0.149% | $156K | $957K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0647% | 8h | 0.000005035 | +0.205% | $1.7M | $12.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0744% | 1h | 0.000005033 | +0.159% | $72K | $124K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.498% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4199% | 1h | 0.000005012 | −0.264% | $25K | $12K | 10x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD