Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0633%/8h= −69.3% APRpaid last 24h −0.029%
Price spread now: ApeX Omni against Aster−1.341%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$380.383% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)+1.723%+$172 · spread now −1.341%, 7d avg −0.059%
Together, before fees+1.632%+ Points / potential airdropAster: Stage 5 · farm board+$163 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and ApeX Omni is 1.282% cheaper against Aster than usual: you would sell low and buy high (−$128 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000PEPEUSDT0.0000052120.0733pay 0.0733% / 8h46m 47s$1.8M$11.7M50x
ShortApeX Omni 1000PEPEUSDT0.0000051420.0100get 0.0013% / 1h46m 47s$150K$832K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$132.84
Price spread: −1.341% → −0.059%
−$128.22
Slippage, 4 orders
−$20.33
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$299.39
Costs to cover
0.383%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; ApeX Omni: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago1.45 bp10.4 bp −$1016.1 bp −$161doesn't fitdoesn't fit
Sell ApeX Omni live order book, 57 min ago2.51 bp9.7 bp −$10101.0 bp −$1,010doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005199−0.238%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005208−0.073%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005201−0.209%$60K$182K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005211−0.017%$101.6M$423.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005211−0.017%$165.1M$98.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005122−1.735%$604K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005131−1.555%$28K$545K20xas long as short
ApeX Omni 1000PEPEUSDTshort+0.0100%1h0.000005142−1.341%$150K$832K25x
SunX 1000PEPE-USDT+0.0100%8h0.000005220+0.157%$1K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005208−0.081%$607K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0119%8h0.000005216+0.073%$26.8M$72.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005218+0.109%$8K15xas long as short
Bitget PEPEUSDT+0.0277%8h0.000005211−0.010%$46.8M$218.1M75xas long as short
SoDEX 1000PEPE-USD+0.0344%1h0.000005209−0.056%$2K$11K10xas long as short
OKX PEPE-USDT-SWAP+0.0390%8h0.000005215+0.059%$47.9M$748.7M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005188−0.459%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0407%8h0.000005208−0.083%$34K$26K20xas long as short
Phemex u1000PEPEUSDT+0.0498%8h0.000005214+0.034%$2.4M$8.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0499%8h0.000005200−0.230%$6K20xas long as short
BloFin PEPE-USDT+0.0510%8h0.000005209−0.056%$4.6M$30.3M75xas long as short
Backpack kPEPE_USDC_PERP+0.0517%1h0.000005211−0.021%$75K$871K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005213+0.021%$704K$39.6M50xas long as short
Lighter 1000PEPE+0.0632%1h0.000005211−0.017%$619K$9.0M10xas long as short
Nado kPEPE-PERP+0.0650%1h0.000005214+0.050%$167K$954K10xas long as short
Kraken Futures PF_PEPEUSD+0.0705%1h0.000005207−0.102%$4.8M$16.7M50xas long as short
BingX 1000PEPE-USDT+0.0710%8h0.000005217+0.094%$218.4Mas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0710%1h0.000005211−0.017%$74K$127K25xas long as short
01 Exchange kPEPEUSD+0.0712%1h0.000005213+0.021%$629$2K10xas long as short
Aster 1000PEPEUSDTlong+0.0733%8h0.000005212long leg$1.8M$11.7M50x
MEXC PEPE_USDT+0.0743%8h0.000005215+0.054%$101.4M$304.0M300xas long as short
Aevo 1000PEPE-PERP+0.0744%1h0.000005210−0.037%$147K3xas long as short
Binance 1000PEPEUSDT+0.0749%8h0.000005212+0.001%$143.0M$1.48B75xas long as short
Extended 1000PEPE-USD+0.0752%1h0.000005212+0.007%$544K$282K25xas long as short
Hyperliquid kPEPE+0.0990%1h0.000005215+0.059%$54.2M$157.2M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1134% / S −0.2249%1h0.000005000−4.066%$65K100xas long as short