Funding you earn now, next payment 02:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h −0.060%
Price spread now: Deribit against Aster−0.133%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)+0.199%+$20 · spread now −0.133%, 7d avg −0.051%
=Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.083% cheaper against Aster than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.051%). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.177%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.2% 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 | Aster 1000PEPEUSDT | 0.000005110 | 0.0650 | pay 0.0650% / 8h | 6h 07m | $1.7M | $8.3M | 50x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000005103 | 0.0927 | get 0.0116% / 1h | 7m 32s | $62K | $114K | 25x |
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $58.29
- Price spread: −0.133% → −0.051%
- −$8.26
- Slippage, 4 orders
- −$24.28
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $10.75
- Costs to cover
- 0.393%
- Break-even
- 5.7 days
Slippage from Aster: live order book, 1 min ago; Deribit: live order book, 26 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, 1 min ago | 1.96 bp | 12.3 bp −$12 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 26 min ago | 5.97 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
PEPE on 34 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 | 0.000005104 | −0.114% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005116 | +0.117% | $18K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005110 | +0.004% | $63K | $127K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005110 | +0.002% | $99.6M | $326.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005107 | −0.055% | $163.8M | $72.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005103 | −0.128% | $25.6M | $61.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005121 | +0.223% | $47.9M | $166.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005085 | −0.493% | $648K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005074 | −0.694% | $27K | $421K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005110 | +0.002% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005107 | −0.061% | $572K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005121 | +0.215% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0260% | 8h | 0.000005119 | +0.180% | $45.8M | $581.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0287% | 8h | 0.000005106 | −0.081% | $34K | $24K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005116 | +0.121% | $734K | $30.6M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0458% | 8h | 0.000005115 | +0.094% | $2.4M | $7.0M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0507% | 8h | 0.000005120 | +0.201% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0528% / S −0.0558% | 1h | 0.000005000 | −2.149% | $57K | — | 100x | as long as short |
| Extended 1000PEPE-USD | +0.0544% | 1h | 0.000005109 | −0.012% | $562K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0544% | 1h | 0.000005121 | +0.219% | $145K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0546% | 8h | 0.000005123 | +0.250% | $97.0M | $292.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0552% | 8h | 0.000005111 | +0.027% | $144.7M | $1.18B | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0554% | 1h | 0.000005067 | −0.838% | $105K | $749K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0626% | 1h | 0.000005109 | −0.016% | $2K | $12K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0644% | 1h | 0.000005119 | +0.177% | $194K | $882K | 10x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0650% | 8h | 0.000005110 | long leg | $1.7M | $8.3M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0653% | 8h | 0.000005102 | −0.161% | $6K | $16 | 20x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0815% | 1h | 0.000005113 | +0.059% | $4.1M | $14.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005095 | −0.290% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.0927% | 1h | 0.000005103 | −0.133% | $62K | $114K | 25x | |
| Backpack kPEPE_USDC_PERP | +0.0950% | 1h | 0.000005117 | +0.148% | $99K | $622K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005119 | +0.180% | $617 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1792% | 1h | 0.000005121 | +0.219% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2061% | 1h | 0.000005126 | +0.317% | $56.6M | $136.0M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
SoDEX 1000PEPE-USD
Nado kPEPE-PERP
Paradex kPEPE-USD-PERP
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE