Funding you earn now, next payment 07:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.055%
Price spread now: Coinbase International against 01 Exchange−0.348%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.348% cheaper against 01 Exchange than usual: you would sell low and buy high (−$35 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 | 01 Exchange kPEPEUSD | 0.000005166 | 0.0712 | pay 0.0089% / 1h | 17m 46s | $623 | $2K | 10x |
| Short | Coinbase International 1000PEPE-PERP-INTX | 0.000005148 | 0.0544 | get 0.0068% / 1h | 17m 46s | $685K | $39.7M | 50x |
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against 01 Exchange. 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
- −$35.28
- Price spread: −0.348% → 0.000%
- −$34.84
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$87.12
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 1 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 3.87 bp | 8.9 bp −$9 | 17.3 bp −$173 | 56.8 bp −$5,675 | doesn't fit |
01 Exchange: 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 | 0.000005165 | −0.029% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005152 | −0.275% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005172 | +0.116% | $60K | $184K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005156 | −0.188% | $99.4M | $430.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005151 | −0.290% | $163.2M | $99.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005163 | −0.066% | $615K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005175 | +0.172% | $28K | $547K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005162 | −0.081% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005172 | +0.124% | $603K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0122% | 8h | 0.000005155 | −0.205% | $26.9M | $74.1M | 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
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0144% | 1h | 0.000005157 | −0.174% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005158 | −0.151% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0255% | 8h | 0.000005158 | −0.153% | $46.3M | $220.1M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0312% | 1h | 0.000005181 | +0.290% | $151K | $834K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0332% | 1h | 0.000005156 | −0.194% | $74K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0368% | 8h | 0.000005158 | −0.155% | $47.8M | $748.3M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005160 | −0.116% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0414% | 8h | 0.000005159 | −0.134% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0466% | 8h | 0.000005169 | +0.052% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0467% | 8h | 0.000005152 | −0.267% | $2.4M | $8.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0484% | 8h | 0.000005167 | +0.019% | $4.5M | $30.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0524% | 1h | 0.000005153 | −0.250% | $79K | $889K | 15x | as long as short |
| Lighter 1000PEPE | +0.0544% | 1h | 0.000005156 | −0.194% | $619K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTXshort | +0.0544% | 1h | 0.000005148 | −0.348% | $685K | $39.7M | 50x | |
| BingX 1000PEPE-USDT | +0.0688% | 8h | 0.000005157 | −0.176% | — | $175.0M | — | as long as short |
| Nado kPEPE-PERP | +0.0708% | 1h | 0.000005155 | −0.208% | $166K | $958K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0712% | 1h | 0.000005154 | −0.226% | $4.8M | $16.7M | 50x | as long as short |
| 01 Exchange kPEPEUSDlong | +0.0712% | 1h | 0.000005166 | long leg | $623 | $2K | 10x | |
| Extended 1000PEPE-USD | +0.0720% | 1h | 0.000005153 | −0.252% | $542K | $282K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000005158 | −0.155% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0721% | 8h | 0.000005160 | −0.108% | $101.2M | $308.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0722% | 8h | 0.000005159 | −0.136% | $142.3M | $1.50B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0723% | 8h | 0.000005160 | −0.124% | $1.7M | $11.9M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0936% | 1h | 0.000005163 | −0.058% | $53.8M | $159.2M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1281% | 1h | 0.000005000 | −3.213% | $50K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
BingX 1000PEPE-USDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]