Funding you earn now, next payment 00:00 UTC−0.0630%/8h= −68.9% APRnext payment −$6.30 per $10,000 · paid last 24h −0.079%
Price spread now: Gate against Aster−0.069%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now −0.069%, 7d avg −0.071%
=Together, before fees−0.219%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.181% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.30 per $10,000. 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 | 0.000004793 | 0.0730 | pay 0.0730% / 8h | 1h 00m | $1.5M | $7.2M | 50x |
| Short | Gate PEPE_USDT | 0.000004790 | 0.0100 | get 0.0100% / 8h | 1h 00m | $150.3M | $63.8M | 75x |
Aster 1000PEPEUSDT
Gate PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$132.22
- Price spread: −0.069% → −0.071%
- $0.2
- Slippage, 4 orders
- −$17.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$172.98
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; Gate: 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, 3 min ago | 2.08 bp | 7.9 bp −$8 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.04 bp | 13.1 bp −$13 | 19.2 bp −$192 | 65.5 bp −$6,547 | 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 | 0.000004791 | −0.053% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004783 | −0.211% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004796 | +0.056% | $669K | $6.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004783 | −0.215% | $64.0M | $85.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004794 | +0.014% | $59K | $114K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004788 | −0.111% | $86.6M | $285.7M | 50x | as long as short |
| Gate PEPE_USDTshort | +0.0100% | 8h | 0.000004790 | −0.069% | $150.3M | $63.8M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004788 | −0.113% | $24.7M | $54.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004788 | −0.103% | $42.2M | $149.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004787 | −0.135% | $542K | $4.0M | — | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004802 | +0.176% | $27K | $346K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004798 | +0.093% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004790 | −0.069% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004791 | −0.053% | $543K | $3.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004789 | −0.099% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0220% | 8h | 0.000004790 | −0.069% | $41.4M | $493.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0241% | 8h | 0.000004797 | +0.087% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0310% | 8h | 0.000004791 | −0.038% | $2.3M | $6.4M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0340% | 8h | 0.000004787 | −0.132% | $3.9M | $22.2M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0340% / S −0.0370% | 1h | 0.000004000 | −16.551% | $42K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0384% | 1h | 0.000004794 | +0.014% | $549 | $2K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0420% | 1h | 0.000004802 | +0.181% | $102K | $762K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004790 | −0.069% | $565K | $25.6M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0448% | 8h | 0.000004786 | −0.163% | $29K | $11K | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0586% | 1h | 0.000004788 | −0.111% | $81K | $94K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0612% | 1h | 0.000004795 | +0.037% | $92K | $616K | 15x | as long as short |
| BingX 1000PEPE-USDC | +0.0708% | 8h | 0.000004793 | +0.002% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0720% | 8h | 0.000004792 | −0.032% | $131.2M | $1.05B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0725% | 8h | 0.000004792 | −0.036% | $92.7M | $286.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0728% | 1h | 0.000004795 | +0.031% | $526K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0728% | 1h | 0.000004788 | −0.111% | $135K | — | 3x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0730% | 8h | 0.000004793 | long leg | $1.5M | $7.2M | 50x | |
| Nado kPEPE-PERP | +0.0735% | 1h | 0.000004790 | −0.078% | $183K | $845K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004805 | +0.244% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1333% | 1h | 0.000004787 | −0.133% | $3.9M | $13.4M | 50x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD