Funding you earn now, next payment 11:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h −0.185%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.034%288s7-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 −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.034% cheaper against 01 Exchange 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 288 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 | 01 Exchange kPEPEUSD | 0.000004945 | 0.0056 | pay 0.0007% / 1h | 48m 31s | $596 | $2K | 10x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000004943 | L +0.0005% / S −0.0005% | get 0.0001% / 1h | 48m 31s | $3K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$10.77
- Price spread: −0.034% → 0.000%
- −$3.44
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$31.21
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
01 Exchange and gTrade (Gains Network): 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0370% | 1h | 0.000004955 | +0.202% | $4.6M | $15.8M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0005% / S −0.0005% | 1h | 0.000004943 | −0.034% | $3K | — | 150x | |
| 01 Exchange kPEPEUSDlong | +0.0056% | 1h | 0.000004945 | long leg | $596 | $2K | 10x | |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004954 | +0.182% | $597K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004951 | +0.128% | $147K | $943K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004949 | +0.081% | $50.1M | $155.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004951 | +0.121% | $57K | $194K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004946 | +0.026% | $94.1M | $442.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004948 | +0.061% | $152.3M | $102.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004955 | +0.210% | $24.9M | $75.9M | 75x | as long as short |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004947 | +0.038% | $43.5M | $231.0M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004955 | +0.204% | $75K | $990K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004937 | −0.157% | $642K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004941 | −0.082% | $27K | $571K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004944 | −0.020% | $143K | $850K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004953 | +0.152% | $2K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004955 | +0.202% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004946 | +0.030% | $580K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004958 | +0.265% | $2.3M | $7.9M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0110% | 8h | 0.000004945 | +0.002% | $6K | — | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0126% | 8h | 0.000004948 | +0.061% | $44.4M | $720.4M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0154% | 1h | 0.000004951 | +0.121% | $57K | $115K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004938 | −0.145% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0252% | 8h | 0.000004945 | 0.000% | $4.3M | $28.7M | 75x | as long as short |
| Binance 1000PEPEUSDT | +0.0260% | 8h | 0.000004948 | +0.066% | $128.3M | $1.52B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0264% | 1h | 0.000004946 | +0.029% | $518K | $285K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0265% | 8h | 0.000004943 | −0.049% | $101.8M | $295.3M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0272% | 1h | 0.000004949 | +0.081% | $140K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0273% | 8h | 0.000004950 | +0.109% | $1.7M | $12.5M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0273% | 8h | 0.000004949 | +0.071% | — | $181.1M | — | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004946 | +0.020% | $4K | $122K | 12x | as long as short |
| dYdX PEPE-USD | +0.0333% | 1h | 0.000004951 | +0.112% | $25K | $18K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0339% | 8h | 0.000004952 | +0.135% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004950 | +0.101% | $732K | $38.9M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0839% / S −0.0953% | 1h | 0.000004000 | −19.110% | $50K | — | 100x | as long as short |
01 Exchange kPEPEUSD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
BingX 1000PEPE-USDT
Injective PEPE/USDC PERP
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]