Funding you earn now, next payment 07:00 UTC+0.0528%/8h= +57.9% APRpaid last 24h −0.053%
Price spread now: Paradex against Injective+0.234%7-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
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Paradex is 0.234% dearer against Injective than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PEPE/USDC PERP | 0.000005156 | −0.0016 | get 0.0002% / 1h | 54m 31s | $10K | $119K | 12x |
| Short | Paradex kPEPE-USD-PERP | 0.000005168 | 0.0512 | get 0.0512% / 8h | 1h 54m | $6K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Injective. 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
- $110.96
- Price spread: +0.234% → 0.000%
- $23.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $130.33
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 54 min ago; Paradex: no order-book sample. 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 Injective live order book, 54 min ago | 16.91 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERPlong | −0.0016% | 1h | 0.000005156 | long leg | $10K | $119K | 12x | |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005167 | +0.213% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005168 | +0.242% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005171 | +0.291% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005163 | +0.136% | $101.3M | $413.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005162 | +0.116% | $163.6M | $95.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005172 | +0.303% | $25.7M | $71.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005162 | +0.109% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005173 | +0.329% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005186 | +0.580% | $2K | $2.6M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005171 | +0.297% | $589K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0116% | 1h | 0.000005182 | +0.504% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005168 | +0.238% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0309% | 8h | 0.000005167 | +0.209% | $46.3M | $213.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005181 | +0.491% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0415% | 8h | 0.000005166 | +0.194% | $48.4M | $722.9M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0451% | 1h | 0.000005179 | +0.446% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0512% | 8h | 0.000005168 | +0.234% | $6K | — | 20x | |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005178 | +0.427% | $4.6M | $29.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0547% | 1h | 0.000005181 | +0.477% | $72K | $848K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0571% | 8h | 0.000005179 | +0.450% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005174 | +0.349% | $622K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005177 | +0.407% | $704K | $38.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0640% | 1h | 0.000005171 | +0.291% | $624 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0715% | 1h | 0.000005168 | +0.226% | $164K | $956K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0716% | 1h | 0.000005180 | +0.465% | $74K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005166 | +0.198% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0782% | 8h | 0.000005168 | +0.241% | $142.8M | $1.44B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005164 | +0.158% | $547K | $285K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0784% | 8h | 0.000005165 | +0.184% | $98.4M | $301.9M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005178 | +0.427% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0806% | 8h | 0.000005172 | +0.307% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0916% | 1h | 0.000005178 | +0.427% | $55.3M | $154.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −3.026% | $63K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1244% | 1h | 0.000005189 | +0.640% | $157K | $818K | 25x | as long as short |
Injective PEPE/USDC PERP
Paradex kPEPE-USD-PERP
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT