Funding you earn now, next payment 01:00 UTC+0.0271%/8h= +29.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.022%
Price spread now: Extended against ApeX Omni−0.929%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.828%+$83 · spread now −0.929%, 7d avg −0.018%
=Together, before fees+0.849%+ Points / potential airdropExtended: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.911% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.929% now, against its 7-day average of −0.018%). If the spread goes back, that is −$91 on $10k: about 11 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.021% in total) that is about 10 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. 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 | 0.000005072 | 0.0209 | pay 0.0026% / 1h | 11m 33s | $105K | $750K | 25x |
| Short | Extended 1000PEPE-USD | 0.000005025 | 0.0480 | get 0.0060% / 1h | 11m 33s | $552K | $199K | 25x |
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $56.94
- Price spread: −0.929% → −0.018%
- −$91.08
- Slippage, 4 orders
- −$26.41
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.56
- Costs to cover
- 0.414%
- Break-even
- 16.3 days
Slippage from ApeX Omni: live order book, 62 min ago; Extended: live order book, 61 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, 62 min ago | 4.34 bp | 11.7 bp −$12 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Extended live order book, 61 min ago | 3.17 bp | 7.8 bp −$8 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0117% | 1h | 0.000005015 | −1.129% | $3.9M | $14.2M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005020 | −1.032% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005014 | −1.136% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005027 | −0.887% | $59K | $120K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005028 | −0.873% | $94.6M | $309.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005021 | −1.006% | $161.2M | $68.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005024 | −0.942% | $25.5M | $57.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005028 | −0.860% | $44.7M | $154.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005052 | −0.400% | $591K | $4.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005071 | −0.018% | $53K | $381K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005023 | −0.958% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005017 | −1.084% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005016 | −1.108% | $564K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005011 | −1.209% | $2.4M | $6.8M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0149% | 1h | 0.000005015 | −1.124% | $61K | $114K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005016 | −1.109% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0198% | 8h | 0.000005028 | −0.868% | $44.7M | $542.8M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0209% | 1h | 0.000005072 | long leg | $105K | $750K | 25x | |
| Paradex kPEPE-USD-PERP | +0.0265% | 8h | 0.000005024 | −0.953% | $6K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0273% | 8h | 0.000005018 | −1.061% | $31K | $14K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0316% | 8h | 0.000005035 | −0.729% | $4.1M | $24.2M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000005020 | −1.025% | $511K | $27.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0459% | 8h | 0.000005025 | −0.931% | — | $257.6M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0476% | 8h | 0.000005028 | −0.858% | $139.4M | $1.12B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0479% | 8h | 0.000005024 | −0.940% | $99.0M | $290.7M | 300x | as long as short |
| Extended 1000PEPE-USDshort | +0.0480% | 1h | 0.000005025 | −0.929% | $552K | $199K | 25x | |
| Aevo 1000PEPE-PERP | +0.0480% | 1h | 0.000004977 | −1.873% | $141K | — | 3x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0491% / S −0.0453% | 1h | 0.000005000 | −1.420% | $59K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0527% | 8h | 0.000005022 | −0.987% | $1.4M | $7.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0552% | 1h | 0.000005032 | −0.789% | $652K | $6.8M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0561% | 1h | 0.000005029 | −0.857% | $188K | $861K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0608% | 1h | 0.000005037 | −0.690% | $1K | $2K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0608% | 1h | 0.000005015 | −1.114% | $95K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000005070 | −0.039% | $4K | $102K | 12x | as long as short |
| Hyperliquid kPEPE | +0.1945% | 1h | 0.000005048 | −0.473% | $56.7M | $131.6M | 10x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Lighter 1000PEPE
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Hyperliquid kPEPE