Funding you earn now, next payment 06:00 UTC−0.0499%/8h= −54.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.109%
Price spread now: Reya against 01 Exchange−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$15 a day on $10k at the current rate, and Reya is 0.059% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 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 | 0.000005141 | 0.0688 | pay 0.0086% / 1h | 6m 37s | $620 | $3K | 10x |
| Short | Reya kPEPERUSDPERP | 0.000005138 | 0.0189 | get 0.0024% / 1h | 6m 37s | $8K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$104.8
- Price spread: −0.059% → 0.000%
- −$5.89
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$123.69
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
01 Exchange and Reya: 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 | 0.000005138 | −0.049% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005154 | +0.247% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005144 | +0.058% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005134 | −0.136% | $100.4M | $410.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005141 | 0.000% | $162.8M | $95.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005144 | +0.060% | $26.1M | $71.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005142 | +0.012% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005135 | −0.114% | $28K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005165 | +0.471% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005160 | +0.370% | $586K | $4.2M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0184% | 1h | 0.000005161 | +0.389% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERPshort | +0.0189% | 1h | 0.000005138 | −0.059% | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0322% | 8h | 0.000005137 | −0.080% | $45.7M | $212.7M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0383% | 8h | 0.000005163 | +0.420% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0422% | 8h | 0.000005137 | −0.078% | $47.2M | $712.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0526% | 1h | 0.000005158 | +0.331% | $74K | $127K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0547% | 8h | 0.000005139 | −0.034% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0549% | 8h | 0.000005159 | +0.350% | $4.3M | $29.3M | 75x | as long as short |
| Lighter 1000PEPE | +0.0592% | 1h | 0.000005147 | +0.117% | $621K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0611% | 8h | 0.000005163 | +0.424% | $2.4M | $7.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0651% | 1h | 0.000005135 | −0.118% | $159K | $951K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0660% | 1h | 0.000005160 | +0.368% | $67K | $842K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005157 | +0.311% | $694K | $38.1M | 50x | as long as short |
| 01 Exchange kPEPEUSDlong | +0.0688% | 1h | 0.000005141 | long leg | $620 | $3K | 10x | |
| BingX 1000PEPE-USDT | +0.0760% | 8h | 0.000005140 | −0.012% | — | $239.9M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0784% | 1h | 0.000005139 | −0.039% | $156K | $817K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0797% | 8h | 0.000005142 | +0.027% | $98.5M | $304.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0797% | 8h | 0.000005142 | +0.022% | $143.0M | $1.43B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005139 | −0.047% | $544K | $281K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005162 | +0.408% | $146K | — | 3x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0828% | 1h | 0.000005158 | +0.334% | $4.7M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0831% | 8h | 0.000005143 | +0.029% | $1.8M | $11.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1025% | 1h | 0.000005152 | +0.214% | $54.8M | $153.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −2.743% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005158 | +0.331% | $10K | $119K | 12x | as long as short |
01 Exchange kPEPEUSD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP