Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.045%
Price spread now: Deribit against Paradex−0.237%7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.237% cheaper against Paradex than usual: you would sell low and buy high, −$24 on $10k if it 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 | Paradex kPEPE-USD-PERP | 0.000005030 | 0.0545 | pay 0.0545% / 8h | 2h 48m | $6K | — | 20x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000005018 | 0.0548 | get 0.0068% / 1h | 48m 34s | $72K | $127K | 25x |
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Paradex. 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
- $0.67
- Price spread: −0.237% → 0.000%
- −$23.72
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$34.05
- Costs to cover
- 0.110%
- Break-even
- 362.7 days
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 30 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 30 min ago | 6.69 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005031 | +0.014% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005009 | −0.422% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005034 | +0.081% | $59K | $176K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005032 | +0.043% | $98.9M | $400.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005030 | +0.001% | $161.3M | $92.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005035 | +0.099% | $25.1M | $70.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005035 | +0.093% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004979 | −1.004% | $27K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005022 | −0.150% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005014 | −0.315% | $560K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005014 | −0.321% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0277% | 1h | 0.000005020 | −0.197% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0343% | 8h | 0.000005036 | +0.119% | $45.7M | $208.7M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0411% | 8h | 0.000005036 | +0.121% | $46.6M | $681.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0414% | 8h | 0.000005018 | −0.245% | $33K | $27K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0532% | 8h | 0.000005020 | −0.197% | $4.7M | $27.8M | 75x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0545% | 8h | 0.000005030 | long leg | $6K | — | 20x | |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.0548% | 1h | 0.000005018 | −0.237% | $72K | $127K | 25x | |
| Backpack kPEPE_USDC_PERP | +0.0652% | 1h | 0.000005023 | −0.134% | $73K | $826K | 15x | as long as short |
| Lighter 1000PEPE | +0.0680% | 1h | 0.000005041 | +0.220% | $603K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005016 | −0.277% | $618K | $36.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0688% | 1h | 0.000005042 | +0.240% | $608 | $3K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0688% | 8h | 0.000005017 | −0.253% | $2.4M | $7.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0766% | 8h | 0.000005036 | +0.113% | — | $238.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005035 | +0.101% | $533K | $262K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0808% | 1h | 0.000005037 | +0.141% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0809% | 8h | 0.000005035 | +0.098% | $142.6M | $1.39B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0809% | 8h | 0.000005040 | +0.202% | $97.6M | $298.7M | 300x | as long as short |
| Nado kPEPE-PERP | +0.0814% | 1h | 0.000005017 | −0.255% | $169K | $940K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0851% | 1h | 0.000005017 | −0.262% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0878% | 8h | 0.000005034 | +0.084% | $1.8M | $11.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0914% | 1h | 0.000005024 | −0.118% | $154K | $812K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1054% / S −0.1955% | 1h | 0.000005000 | −0.595% | $64K | — | 100x | as long as short |
| Hyperliquid kPEPE | +0.1080% | 1h | 0.000005033 | +0.061% | $53.4M | $150.6M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005013 | −0.337% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Hyperliquid kPEPE
Injective PEPE/USDC PERP