Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.126% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica kPEPE | 0.000005008 | 0.0100 | pay 0.0013% / 1h | 9m 10s | $63K | $139K | 10x |
| Short | dYdX PEPE-USD | 0.000005002 | 0 | get 0.0000% / 1h | 9m 10s | $18K | $95 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$21
- Price spread: −0.126% → 0.000%
- −$12.58
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$51.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 53 min ago; dYdX: 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 Pacifica live order book, 53 min ago | 6.84 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USDshort | 0.0000% | 1h | 0.000005002 | −0.126% | $18K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005002 | −0.126% | $15K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005008 | long leg | $63K | $139K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005004 | −0.080% | $97.3M | $341.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005008 | 0.000% | $164.5M | $75.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005007 | −0.024% | $25.8M | $63.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005020 | +0.230% | $681K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005022 | +0.274% | $27K | $444K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005015 | +0.144% | $1K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005005 | −0.070% | $569K | $3.6M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0134% | 8h | 0.000005008 | +0.006% | $45.8M | $173.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005005 | −0.059% | $8K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000005010 | +0.032% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0349% | 8h | 0.000005008 | 0.000% | $45.4M | $586.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0467% | 8h | 0.000005009 | +0.020% | $4.3M | $25.0M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0516% | 1h | 0.000005010 | +0.040% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0542% | 1h | 0.000005020 | +0.240% | $99K | $755K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0549% | 1h | 0.000005008 | 0.000% | $71K | $124K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005012 | +0.080% | $937K | $31.4M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0608% | 8h | 0.000005008 | +0.006% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0634% / S −0.1019% | 1h | 0.000005000 | −0.160% | $49K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0638% | 8h | 0.000005010 | +0.050% | $94.4M | $290.6M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0640% | 1h | 0.000005007 | −0.010% | $530K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000004972 | −0.719% | $141K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0644% | 8h | 0.000005006 | −0.036% | $140.1M | $1.21B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0735% | 8h | 0.000005009 | +0.018% | $1.8M | $9.2M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0744% | 8h | 0.000005007 | −0.024% | $2.4M | $7.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0785% | 8h | 0.000005008 | +0.003% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0794% | 1h | 0.000005003 | −0.100% | $185K | $872K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0956% | 1h | 0.000005007 | −0.022% | $92K | $632K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0960% | 1h | 0.000005012 | +0.080% | $605 | $3K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005011 | +0.060% | $4K | $102K | 12x | as long as short |
| Lighter 1000PEPE | +0.1152% | 1h | 0.000005011 | +0.060% | $663K | $8.1M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1390% | 1h | 0.000005007 | −0.021% | $4.3M | $15.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1573% | 1h | 0.000005012 | +0.080% | $53.6M | $139.5M | 10x | as long as short |
Pacifica kPEPE
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Injective PEPE/USDC PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE