Funding you earn now, next payment 22:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.049%
Price spread now: Aster against ApeX Omni−0.935%89s7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 3 days (all we have)+0.801%+$80 · spread now −0.935%, 7d avg +0.078%
=Together, before fees+0.916%+ Points / potential airdropAster: Stage 5 · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 1.013% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.935% now, against its 7-day average of +0.078%). If the spread goes back, that is −$101 on $10k: about 15 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.115% in total) that is about 2 months. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni 1000PEPEUSDT | 0.000004856 | 0.0629 | pay 0.0079% / 1h | 38m 03s | $100K | $758K | 25x |
| Short | Aster 1000PEPEUSDT | 0.000004811 | 0.0851 | get 0.0851% / 8h | 2h 38m | $1.5M | $6.7M | 50x |
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against ApeX Omni. 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
- $46.66
- Price spread: −0.935% → +0.078%
- −$101.29
- Slippage, 4 orders
- −$24.58
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$97.21
- Costs to cover
- 0.426%
- Break-even
- 21.6 days
Slippage from ApeX Omni: live order book, 50 min ago; Aster: live order book, 6 min ago.
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 ApeX Omni live order book, 50 min ago | 5.79 bp | 13.6 bp −$14 | 89.3 bp −$893 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 1.13 bp | 6.8 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
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 | 0.000004804 | −1.075% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004809 | −0.976% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004814 | −0.865% | $56.6M | $69.5M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004814 | −0.865% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004815 | −0.848% | $88.8M | $272.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004805 | −1.050% | $148.2M | $61.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004811 | −0.921% | $24.0M | $52.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004852 | −0.092% | $713K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004858 | +0.034% | $27K | $336K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004814 | −0.861% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004815 | −0.853% | $554K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0121% | 8h | 0.000004816 | −0.824% | $41.5M | $489.0M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0170% | 8h | 0.000004817 | −0.809% | $43.5M | $152.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004812 | −0.902% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0235% | 8h | 0.000004813 | −0.886% | $3.9M | $21.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0256% | 1h | 0.000004810 | −0.947% | $593K | $5.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −17.628% | $52K | — | 100x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0331% | 1h | 0.000004812 | −0.902% | $100K | $621K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0349% | 8h | 0.000004809 | −0.963% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0368% | 8h | 0.000004809 | −0.962% | $30K | $10K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004811 | −0.927% | $589K | $25.4M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0480% | 8h | 0.000004810 | −0.958% | $2.3M | $6.3M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0536% | 1h | 0.000004808 | −0.988% | $2K | $9K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004842 | −0.288% | $4K | $92K | 12x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0629% | 1h | 0.000004856 | long leg | $100K | $758K | 25x | |
| Nado kPEPE-PERP | +0.0661% | 1h | 0.000004813 | −0.884% | $179K | $866K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0761% | 1h | 0.000004809 | −0.974% | $3.9M | $12.9M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0766% | 8h | 0.000004809 | −0.968% | — | $2.3M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0791% | 1h | 0.000004807 | −1.009% | $81K | $94K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004812 | −0.906% | $136K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0805% | 8h | 0.000004813 | −0.881% | $89.3M | $288.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000004820 | −0.742% | $127.7M | $1.01B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000004817 | −0.807% | $529K | $146K | 25x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0851% | 8h | 0.000004811 | −0.935% | $1.5M | $6.7M | 50x | |
| 01 Exchange kPEPEUSD | +0.1280% | 1h | 0.000004818 | −0.783% | $552 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Deribit 1000PEPE_USDC-PERPETUAL
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
01 Exchange kPEPEUSD