Funding you earn now, next payment 00:00 UTC+0.0359%/8h= +39.3% APRnext payment +$0.45 per $10,000 · paid last 24h −0.053%
Price spread now: ApeX Omni against Hyperliquid+0.521%7-day average −0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs+$23as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 3 days (all we have)−0.547%−$55 · spread now +0.521%, 7d avg −0.126%
=Together, before fees−0.915%+ Points / potential airdropHyperliquid: Season 2 · farm board−$92 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and ApeX Omni is 0.648% dearer against Hyperliquid than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.368%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid kPEPE | 0.000004795 | −0.0259 | get 0.0032% / 1h | 42m 36s | $67.5M | $89.2M | 10x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000004820 | 0.0100 | get 0.0013% / 1h | 42m 36s | $101K | $761K | 25x |
Hyperliquid kPEPE
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- $75.42
- Price spread: +0.521% → −0.126%
- $64.76
- Slippage, 4 orders
- −$22.36
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $98.82
- Costs to cover
- 0.414%
- Break-even
- from the start
Slippage from Hyperliquid: live order book, 11 min ago; ApeX Omni: live order book, 36 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 Hyperliquid live order book, 11 min ago | 3.13 bp | 7.7 bp −$8 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 5.11 bp | 13.0 bp −$13 | 70.9 bp −$709 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPElong | −0.0259% | 1h | 0.000004795 | long leg | $67.5M | $89.2M | 10x | |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004797 | +0.039% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004799 | +0.088% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004799 | +0.079% | $3.9M | $13.6M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004799 | +0.083% | $59K | $115K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004794 | −0.021% | $86.3M | $288.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004792 | −0.063% | $149.9M | $64.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004798 | +0.067% | $24.5M | $54.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004796 | +0.031% | $42.3M | $149.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004829 | +0.707% | $591K | $4.1M | — | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004821 | +0.535% | $26K | $350K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0100% | 1h | 0.000004820 | +0.521% | $101K | $761K | 25x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004813 | +0.369% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004800 | +0.104% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004803 | +0.161% | $543K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0168% | 1h | 0.000004800 | +0.104% | $635K | $6.3M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004804 | +0.188% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0202% | 8h | 0.000004795 | +0.008% | $5K | $16 | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0212% | 8h | 0.000004798 | +0.063% | $41.8M | $497.6M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0215% | 8h | 0.000004799 | +0.092% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0232% | 1h | 0.000004795 | 0.000% | $549 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0333% | 8h | 0.000004801 | +0.125% | $3.9M | $22.3M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0364% / S −0.0408% | 1h | 0.000004000 | −16.580% | $42K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004807 | +0.250% | $569K | $25.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0415% | 8h | 0.000004803 | +0.165% | $30K | $12K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004818 | +0.480% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0482% | 1h | 0.000004799 | +0.075% | $91K | $601K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0584% | 1h | 0.000004803 | +0.167% | $81K | $94K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0663% | 8h | 0.000004799 | +0.085% | $131.6M | $1.05B | 75x | as long as short |
| BingX 1000PEPE-USDC | +0.0668% | 8h | 0.000004799 | +0.083% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0668% | 8h | 0.000004802 | +0.145% | $1.5M | $7.2M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0670% | 8h | 0.000004799 | +0.083% | $93.0M | $280.1M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0672% | 1h | 0.000004795 | +0.004% | $529K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000004802 | +0.146% | $136K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0831% | 1h | 0.000004806 | +0.227% | $184K | $848K | 10x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Binance 1000PEPEUSDT
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP