Funding you earn now, next payment 04:00 UTC+0.0541%/8h= +59.2% APRpaid last 24h +0.065%
Price spread now: Kraken Futures against Aster−0.012%7-day average −0.058% · 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−$47as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.012%, 7d avg −0.058%
=Together, before fees+0.144%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.046% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.058%, 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 -0.058% in total (about -3.0% 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 | 0.000005006 | 0.0760 | pay 0.0760% / 8h | 4h 48m | $1.8M | $9.2M | 50x |
| Short | Kraken Futures PF_PEPEUSD | 0.000005005 | 0.1301 | get 0.0163% / 1h | 48m 45s | $4.3M | $15.4M | 50x |
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $113.61
- Price spread: −0.012% → −0.058%
- $4.63
- Slippage, 4 orders
- −$33.19
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $67.05
- Costs to cover
- 0.512%
- Break-even
- 2.9 days
Slippage from Aster: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago | 1.58 bp | 9.9 bp −$10 | 17.8 bp −$178 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 9.43 bp | 14.8 bp −$15 | 18.4 bp −$184 | 65.9 bp −$6,594 | 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 | 0.000005011 | +0.105% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005000 | −0.121% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005017 | +0.223% | $64K | $140K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005006 | +0.013% | $97.6M | $344.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005006 | +0.003% | $165.7M | $75.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005006 | +0.009% | $25.9M | $63.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005027 | +0.415% | $675K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005050 | +0.882% | $31K | $451K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005015 | +0.191% | $1K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005012 | +0.113% | $571K | $3.6M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0157% | 8h | 0.000005010 | +0.075% | $45.8M | $174.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005006 | −0.002% | $8K | — | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005044 | +0.762% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0328% | 8h | 0.000005010 | +0.091% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0359% | 8h | 0.000005013 | +0.143% | $45.0M | $590.8M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0424% | 1h | 0.000005007 | +0.023% | $2K | $12K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0480% | 8h | 0.000005004 | −0.037% | $4.3M | $25.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0549% | 1h | 0.000005008 | +0.043% | $71K | $124K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0634% | 8h | 0.000005010 | +0.081% | — | $261.6M | — | as long as short |
| Phemex u1000PEPEUSDT | +0.0649% | 8h | 0.000005007 | +0.015% | $2.4M | $7.1M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0668% | 8h | 0.000005013 | +0.143% | $92.6M | $286.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0668% | 8h | 0.000005010 | +0.089% | $140.9M | $1.22B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0672% | 1h | 0.000005011 | +0.101% | $530K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0672% | 1h | 0.000005012 | +0.123% | $142K | — | 3x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005018 | +0.243% | $951K | $31.6M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0676% / S −0.1055% | 1h | 0.000005000 | −0.117% | $50K | — | 100x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0760% | 8h | 0.000005006 | long leg | $1.8M | $9.2M | 50x | |
| Backpack kPEPE_USDC_PERP | +0.0771% | 1h | 0.000005004 | −0.033% | $95K | $642K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0792% | 8h | 0.000005017 | +0.217% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0845% | 1h | 0.000005011 | +0.095% | $191K | $876K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0878% | 1h | 0.000005031 | +0.502% | $100K | $743K | 25x | as long as short |
| Lighter 1000PEPE | +0.0904% | 1h | 0.000005009 | +0.063% | $593K | $8.2M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0904% | 1h | 0.000005015 | +0.183% | $605 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSDshort | +0.1301% | 1h | 0.000005005 | −0.012% | $4.3M | $15.4M | 50x | |
| Hyperliquid kPEPE | +0.1392% | 1h | 0.000005016 | +0.203% | $53.7M | $139.9M | 10x | as long as short |
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Phemex u1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Hyperliquid kPEPE