Funding you earn now, next payment 08:00 UTC−0.0597%/8h= −65.4% APRnext payment −$5.97 per $10,000 · paid last 24h −0.109%
Price spread now: KuCoin against Aster−0.136%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.136%, 7d avg −0.062%
=Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.074% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.197% in total (about -10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.97 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 | 0.000005070 | 0.0697 | pay 0.0697% / 8h | 5h 39m | $1.8M | $9.0M | 50x |
| Short | KuCoin PEPEUSDTM | 0.000005063 | 0.0100 | get 0.0100% / 8h | 5h 39m | $25.5M | $62.1M | 75x |
Aster 1000PEPEUSDT
KuCoin PEPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$125.46
- Price spread: −0.136% → −0.062%
- −$7.39
- Slippage, 4 orders
- −$23.75
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176.61
- Costs to cover
- 0.438%
- Break-even
- never at this rate
Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 4 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 | 2.86 bp | 9.5 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.79 bp | 15.7 bp −$16 | 25.5 bp −$255 | doesn't fit | 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 | 0.000005060 | −0.178% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005059 | −0.215% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005066 | −0.069% | $64K | $135K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005046 | −0.464% | $98.7M | $333.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005053 | −0.325% | $165.6M | $74.0M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000005063 | −0.136% | $25.5M | $62.1M | 75x | |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005048 | −0.424% | $46.4M | $171.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005050 | −0.394% | $680K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005064 | −0.110% | $27K | $422K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005069 | −0.014% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Bitget PEPEUSDT
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 | 0.000005062 | −0.156% | $578K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005065 | −0.086% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0304% | 8h | 0.000005049 | −0.404% | $46.0M | $583.5M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0314% | 8h | 0.000005071 | +0.034% | $33K | $24K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0420% | 8h | 0.000005057 | −0.247% | $4.4M | $25.2M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0540% | 1h | 0.000005065 | −0.089% | $61K | $114K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0562% | 8h | 0.000005058 | −0.223% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0571% / S −0.0878% | 1h | 0.000005000 | −1.371% | $50K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005071 | +0.030% | $839K | $31.1M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0589% | 1h | 0.000005068 | −0.030% | $2K | $12K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0600% | 1h | 0.000005061 | −0.162% | $536K | $221K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0600% | 1h | 0.000005069 | −0.010% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0601% | 8h | 0.000005060 | −0.189% | $96.4M | $287.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0603% | 8h | 0.000005052 | −0.337% | $141.7M | $1.20B | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0641% | 8h | 0.000005071 | +0.030% | $2.4M | $7.0M | 50x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0697% | 8h | 0.000005070 | long leg | $1.8M | $9.0M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0753% | 8h | 0.000005062 | −0.153% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0894% | 1h | 0.000005065 | −0.095% | $184K | $866K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0941% | 1h | 0.000005067 | −0.055% | $99K | $618K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +0.700% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.0984% | 1h | 0.000005067 | −0.049% | $611 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0992% | 1h | 0.000005065 | −0.089% | $99K | $752K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1373% | 1h | 0.000005068 | −0.027% | $4.2M | $15.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.1520% | 1h | 0.000005048 | −0.424% | $717K | $8.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1812% | 1h | 0.000005055 | −0.286% | $55.6M | $137.2M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE