Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.4% APRnext payment −$0.76 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against Aster−0.044%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now −0.044%, 7d avg −0.106%
=Together, before fees−0.156%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.062% dearer against Aster than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.106%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000PEPEUSDT | 0.000004825 | 0.0889 | pay 0.0889% / 8h | 2h 14m | $1.5M | $6.8M | 50x |
| Short | BingX 1000PEPE-USDC | 0.000004823 | 0.0813 | get 0.0813% / 8h | 2h 14m | — | $2.3M | — |
Aster 1000PEPEUSDT
BingX 1000PEPE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Aster. 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
- −$16.04
- Price spread: −0.044% → −0.106%
- $6.22
- Slippage, 4 orders
- −$25.4
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$53.22
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; BingX: 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 Aster live order book, 4 min ago | 0.31 bp | 11.7 bp −$12 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.83 bp | 13.7 bp −$14 | 22.6 bp −$226 | 84.6 bp −$8,464 | 218.5 bp −$109.2K |
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 | 0.000004819 | −0.144% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004813 | −0.251% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004824 | −0.031% | $58.2M | $72.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004826 | +0.010% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004831 | +0.112% | $87.9M | $275.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004819 | −0.135% | $150.5M | $62.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004825 | −0.002% | $25.1M | $53.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004810 | −0.315% | $559K | $3.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004820 | −0.118% | $27K | $341K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004820 | −0.116% | $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 | 0.000004822 | −0.062% | $555K | $3.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0164% | 8h | 0.000004835 | +0.197% | $41.6M | $487.4M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0180% | 8h | 0.000004826 | +0.008% | $42.7M | $150.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004818 | −0.160% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0279% | 8h | 0.000004829 | +0.073% | $3.9M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −17.107% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0407% | 8h | 0.000004824 | −0.031% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004811 | −0.300% | $579K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0467% | 8h | 0.000004821 | −0.093% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0514% | 8h | 0.000004819 | −0.125% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004817 | −0.176% | $4K | $110K | 12x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000004829 | +0.073% | $606K | $5.2M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0687% | 1h | 0.000004830 | +0.089% | $93K | $622K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0729% | 1h | 0.000004833 | +0.165% | $189K | $848K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0748% | 1h | 0.000004821 | −0.093% | $102K | $762K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0760% | 1h | 0.000004821 | −0.101% | $3.9M | $13.1M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0808% | 1h | 0.000004823 | −0.052% | $2K | $9K | 10x | as long as short |
| BingX 1000PEPE-USDCshort | +0.0813% | 8h | 0.000004823 | −0.044% | — | $2.3M | — | |
| Extended 1000PEPE-USD | +0.0856% | 1h | 0.000004821 | −0.083% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0856% | 1h | 0.000004828 | +0.052% | $136K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0858% | 8h | 0.000004823 | −0.041% | $91.7M | $291.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0863% | 8h | 0.000004838 | +0.263% | $128.9M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0889% | 8h | 0.000004825 | long leg | $1.5M | $6.8M | 50x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0996% | 1h | 0.000004822 | −0.073% | $82K | $94K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1216% | 1h | 0.000004844 | +0.383% | $555 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD