PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.076%

Price spread now: Binance against Aster+0.200%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 7 days−0.237%−$24 · spread now +0.200%, 7d avg −0.025%

Together, before fees−0.394%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.225% dearer against Aster than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.025%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days. At the pace of the last 7 days (−0.157% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000004812	0.0889	pay 0.0889% / 8h	2h 15m	$1.5M	$6.8M	50x
Short	Binance 1000PEPEUSDT	0.000004821	0.0859	get 0.0859% / 8h	2h 15m	$128.3M	$1.02B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.200%Rate

Funding earned: −$6.25
Price spread: +0.200% → −0.025%: $22.48
Slippage, 4 orders: −$14.72
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$16.49
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Binance: live order book, 14 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 Aster live order book, 3 min ago	0.31 bp	11.7 bp −$12	24.9 bp −$249	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.10 bp	6.7 bp −$7	13.7 bp −$137	38.9 bp −$3,892	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	0.000004810	−0.041%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004813	+0.036%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004814	+0.048%	$58.1M	$71.9M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004818	+0.131%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004818	+0.123%	$88.2M	$274.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004809	−0.056%	$150.2M	$62.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004815	+0.065%	$25.1M	$53.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004844	+0.676%	$709K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004820	+0.168%	$27K	$341K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004822	+0.206%	$1K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004813	+0.025%	$554K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0160%	8h	0.000004815	+0.069%	$41.3M	$485.1M	50x	as long as short
Bitget PEPEUSDT	+0.0178%	8h	0.000004813	+0.019%	$42.5M	$151.0M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004818	+0.127%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0276%	8h	0.000004816	+0.090%	$3.8M	$21.8M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−16.869%	$52K	—	100x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0406%	8h	0.000004810	−0.037%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004807	−0.097%	$577K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0473%	8h	0.000004808	−0.083%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0507%	8h	0.000004816	+0.082%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004822	+0.214%	$4K	$110K	12x	as long as short
Lighter 1000PEPE	+0.0584%	1h	0.000004822	+0.214%	$608K	$5.2M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0682%	1h	0.000004808	−0.075%	$93K	$622K	15x	as long as short
Nado kPEPE-PERP	+0.0738%	1h	0.000004817	+0.106%	$188K	$848K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0748%	1h	0.000004821	+0.193%	$102K	$762K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0762%	1h	0.000004807	−0.095%	$3.9M	$13.1M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0791%	1h	0.000004809	−0.056%	$81K	$94K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0800%	1h	0.000004807	−0.097%	$2K	$9K	10x	as long as short
BingX 1000PEPE-USDT	+0.0813%	8h	0.000004824	+0.248%	—	$254.8M	—	as long as short
Extended 1000PEPE-USD	+0.0856%	1h	0.000004812	+0.010%	$529K	$147K	25x	as long as short
MEXC PEPE_USDT	+0.0856%	8h	0.000004822	+0.204%	$91.7M	$291.4M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0856%	1h	0.000004812	+0.006%	$136K	—	3x	as long as short
Binance 1000PEPEUSDTshort	+0.0859%	8h	0.000004821	+0.200%	$128.3M	$1.02B	75x
Aster 1000PEPEUSDTlong	+0.0889%	8h	0.000004812	long leg	$1.5M	$6.8M	50x
01 Exchange kPEPEUSD	+0.1216%	1h	0.000004823	+0.235%	$552	$2K	10x	as long as short