Funding you earn now, next payment 16:00 UTC−0.0308%/8h= −33.7% APRnext payment −$3.08 per $10,000 · paid last 24h −0.076%
Price spread now: Gate against Paradex−0.033%45s7-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
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.033% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex kPEPE-USD-PERP | 0.000005019 | 0.0408 | pay 0.0408% / 8h | 7h 29m | $6K | — | 20x |
| Short | Gate PEPE_USDT | 0.000005017 | 0.0100 | get 0.0100% / 8h | 7h 29m | $159.2M | $100.0M | 75x |
Paradex kPEPE-USD-PERP
Gate PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$64.69
- Price spread: −0.033% → 0.000%
- −$3.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.98
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 1.98 bp | 13.3 bp −$13 | 20.7 bp −$207 | 64.4 bp −$6,442 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005010 | −0.174% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005018 | −0.013% | $58K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005016 | −0.053% | $96.8M | $439.4M | 50x | as long as short |
| Gate PEPE_USDTshort | +0.0100% | 8h | 0.000005017 | −0.033% | $159.2M | $100.0M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005028 | +0.180% | $644K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005064 | +0.896% | $28K | $551K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005022 | +0.063% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005019 | +0.001% | $583K | $4.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005027 | +0.166% | $7K | $121K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0165% | 8h | 0.000005022 | +0.061% | $26.7M | $75.0M | 75x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Injective PEPE/USDC PERP
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0172% | 1h | 0.000005021 | +0.047% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005016 | −0.059% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0196% | 8h | 0.000005016 | −0.047% | $45.5M | $223.7M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0300% | 1h | 0.000005056 | +0.744% | $148K | $841K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0320% | 8h | 0.000005015 | −0.073% | $45.4M | $737.3M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0349% | 1h | 0.000005015 | −0.073% | $71K | $128K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0386% | 1h | 0.000005018 | −0.011% | $96K | $909K | 15x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0408% | 8h | 0.000005019 | long leg | $6K | — | 20x | |
| Orderly PERP_1000PEPE_USDC | +0.0437% | 8h | 0.000005014 | −0.091% | $33K | $30K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0441% | 8h | 0.000005031 | +0.246% | $4.4M | $30.2M | 75x | as long as short |
| Hyperliquid kPEPE | +0.0458% | 1h | 0.000005020 | +0.027% | $52.0M | $160.8M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005023 | +0.087% | $711K | $39.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005023 | +0.087% | $606 | $2K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0588% | 8h | 0.000005021 | +0.039% | $2.3M | $8.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.0608% | 1h | 0.000005021 | +0.047% | $590K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0624% | 8h | 0.000005023 | +0.079% | — | $177.1M | — | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0632% | 1h | 0.000005013 | −0.114% | $4.7M | $16.9M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0647% | 8h | 0.000005025 | +0.127% | $96.9M | $308.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0647% | 8h | 0.000005023 | +0.083% | $138.6M | $1.52B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0648% | 1h | 0.000005020 | +0.031% | $528K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0648% | 1h | 0.000005018 | −0.013% | $142K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0667% | 8h | 0.000005024 | +0.103% | $1.7M | $12.0M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0708% | 1h | 0.000005012 | −0.139% | $157K | $967K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.372% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4017% | 1h | 0.000005015 | −0.080% | $19K | $2K | 10x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
Lighter 1000PEPE
BingX 1000PEPE-USDT
Kraken Futures PF_PEPEUSD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD