Funding you earn now, next payment 09:00 UTC+0.0546%/8h= +59.8% APRpaid last 24h +0.025%
Price spread now: MEXC against ApeX Omni+0.539%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs+$21as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.903%−$90 · spread now +0.539%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and MEXC is 0.498% dearer against ApeX Omni than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of +0.040%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.3% 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 | 0.000005124 | 0.0134 | pay 0.0017% / 1h | 51m 30s | $149K | $836K | 25x |
| Short | MEXC PEPE_USDT | 0.000005152 | 0.0680 | get 0.0680% / 8h | 7h 51m | $100.4M | $305.9M | 300x |
ApeX Omni 1000PEPEUSDT
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $114.64
- Price spread: +0.539% → +0.040%
- $49.84
- Slippage, 4 orders
- −$19.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $135.4
- Costs to cover
- 0.291%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 47 min ago; MEXC: live order book, 3 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, 47 min ago | 5.32 bp | 13.1 bp −$13 | 75.8 bp −$758 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.88 bp | 1.8 bp −$2 | 11.7 bp −$117 | 46.5 bp −$4,645 | 80.6 bp −$40.3K |
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 | 0.000005123 | −0.027% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005107 | −0.340% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005129 | +0.098% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005136 | +0.226% | $99.1M | $435.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005120 | −0.078% | $163.2M | $98.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005113 | −0.221% | $635K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005125 | +0.028% | $28K | $549K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005137 | +0.246% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005130 | +0.115% | $600K | $4.2M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0134% | 1h | 0.000005124 | long leg | $149K | $836K | 25x |
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-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005113 | −0.215% | $8K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0153% | 8h | 0.000005130 | +0.111% | $26.8M | $74.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005133 | +0.182% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0223% | 1h | 0.000005120 | −0.078% | $2K | $11K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0228% | 8h | 0.000005136 | +0.242% | $46.2M | $221.8M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0344% | 8h | 0.000005136 | +0.234% | $47.0M | $750.0M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0426% | 8h | 0.000005126 | +0.047% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0432% | 8h | 0.000005128 | +0.069% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0467% | 8h | 0.000005133 | +0.176% | $4.6M | $30.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0471% | 1h | 0.000005123 | −0.023% | $76K | $894K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005134 | +0.195% | $678K | $39.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0531% | 1h | 0.000005124 | 0.000% | $73K | $128K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0560% | 1h | 0.000005136 | +0.234% | $619 | $2K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0588% | 1h | 0.000005138 | +0.273% | $53.2M | $159.8M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0597% | 1h | 0.000005133 | +0.185% | $163K | $964K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0620% | 1h | 0.000005116 | −0.163% | $4.7M | $16.7M | 50x | as long as short |
| Lighter 1000PEPE | +0.0632% | 1h | 0.000005131 | +0.137% | $622K | $9.0M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0656% | 8h | 0.000005129 | +0.096% | — | $175.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000005129 | +0.098% | $539K | $280K | 25x | as long as short |
| MEXC PEPE_USDTshort | +0.0680% | 8h | 0.000005152 | +0.539% | $100.4M | $305.9M | 300x | |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005126 | +0.039% | $145K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0681% | 8h | 0.000005130 | +0.115% | $141.5M | $1.51B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0698% | 8h | 0.000005132 | +0.155% | $1.7M | $12.0M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0699% | 8h | 0.000005123 | −0.029% | $2.4M | $8.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1019% / S −0.1168% | 1h | 0.000005000 | −2.420% | $51K | — | 100x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Hyperliquid kPEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]