Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.037%
Price spread now: Paradex against Phemex−0.178%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: Paradex is 0.178% cheaper against Phemex than usual: you would sell low and buy high, −$18 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 | Phemex u1000PEPEUSDT | 0.000005169 | 0.0445 | pay 0.0445% / 8h | 5m 01s | $2.4M | $8.1M | 50x |
| Short | Paradex kPEPE-USD-PERP | 0.000005160 | 0.0452 | get 0.0452% / 8h | 5m 01s | $6K | — | 20x |
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Phemex. 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
- $1.49
- Price spread: −0.178% → 0.000%
- −$17.76
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$32.27
- Costs to cover
- 0.160%
- Break-even
- 159.0 days
Slippage unknown: Phemex: live order book, 4 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 Phemex live order book, 4 min ago | 7.05 bp | 15.4 bp −$15 | 37.0 bp −$370 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005154 | −0.291% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | −0.170% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005160 | −0.168% | $60K | $184K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005162 | −0.130% | $99.7M | $431.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005162 | −0.130% | $163.5M | $99.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005158 | −0.211% | $616K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005167 | −0.036% | $28K | $548K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005173 | +0.075% | $1K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005167 | −0.033% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005162 | −0.124% | $604K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0139% | 8h | 0.000005170 | +0.015% | $27.2M | $74.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005165 | −0.069% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0242% | 8h | 0.000005166 | −0.056% | $46.4M | $220.6M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0267% | 1h | 0.000005169 | +0.006% | $150K | $835K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0354% | 8h | 0.000005161 | −0.149% | $47.9M | $750.1M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005160 | −0.168% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0418% | 8h | 0.000005164 | −0.089% | $34K | $26K | 20x | as long as short |
| Phemex u1000PEPEUSDTlong | +0.0445% | 8h | 0.000005169 | long leg | $2.4M | $8.1M | 50x | |
| Paradex kPEPE-USD-PERPshort | +0.0452% | 8h | 0.000005160 | −0.178% | $6K | — | 20x | |
| BloFin PEPE-USDT | +0.0475% | 8h | 0.000005166 | −0.052% | $4.5M | $30.5M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0490% | 1h | 0.000005167 | −0.041% | $78K | $891K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0525% | 1h | 0.000005163 | −0.110% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005165 | −0.072% | $684K | $40.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0568% | 1h | 0.000005170 | +0.025% | $620K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0676% | 8h | 0.000005167 | −0.025% | — | $175.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0696% | 1h | 0.000005169 | +0.006% | $623 | $2K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0704% | 1h | 0.000005166 | −0.056% | $542K | $280K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0705% | 8h | 0.000005158 | −0.207% | $142.1M | $1.50B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0706% | 8h | 0.000005168 | −0.004% | $102.0M | $309.9M | 300x | as long as short |
| Nado kPEPE-PERP | +0.0709% | 1h | 0.000005169 | 0.000% | $165K | $960K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0711% | 1h | 0.000005164 | −0.091% | $4.8M | $16.7M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0712% | 1h | 0.000005168 | −0.014% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0714% | 8h | 0.000005169 | −0.004% | $1.8M | $12.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0888% | 1h | 0.000005171 | +0.044% | $53.8M | $159.3M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1021% / S −0.1217% | 1h | 0.000005000 | −3.264% | $50K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
BingX 1000PEPE-USDT
01 Exchange kPEPEUSD
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]