Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.076%
Price spread now: Aster against Binance−0.009%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now −0.009%, 7d avg +0.025%
=Together, before fees+0.203%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000004828 | 0.0805 | pay 0.0805% / 8h | 2h 39m | $127.9M | $1.01B | 75x |
| Short | Aster 1000PEPEUSDT | 0.000004828 | 0.0860 | get 0.0860% / 8h | 2h 39m | $1.5M | $6.8M | 50x |
Binance 1000PEPEUSDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $11.64
- Price spread: −0.009% → +0.025%
- −$3.36
- Slippage, 4 orders
- −$14.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$23.81
- Costs to cover
- 0.321%
- Break-even
- 21.3 days
Slippage from Binance: live order book, 4 min ago; Aster: 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 Binance live order book, 4 min ago | 0.31 bp | 8.6 bp −$9 | 13.5 bp −$135 | 37.9 bp −$3,789 | doesn't fit |
| Sell Aster live order book, 4 min ago | 1.13 bp | 6.8 bp −$7 | 10.4 bp −$104 | 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 | 0.000004831 | +0.063% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004827 | −0.027% | $13K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004839 | +0.220% | $56.7M | $69.4M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004837 | +0.178% | $57K | $109K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004818 | −0.217% | $88.9M | $272.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004831 | +0.054% | $148.2M | $61.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004835 | +0.139% | $23.7M | $51.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004852 | +0.479% | $713K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004885 | +1.178% | $27K | $338K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004840 | +0.242% | $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 | 0.000004842 | +0.288% | $558K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0115% | 8h | 0.000004822 | −0.133% | $41.7M | $489.4M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0169% | 8h | 0.000004822 | −0.143% | $43.7M | $151.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004837 | +0.168% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0233% | 8h | 0.000004852 | +0.489% | $3.9M | $21.7M | 75x | as long as short |
| Lighter 1000PEPE | +0.0248% | 1h | 0.000004836 | +0.157% | $597K | $5.1M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0259% | 1h | 0.000004839 | +0.228% | $100K | $621K | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0319% / S −0.0217% | 1h | 0.000004000 | −17.157% | $52K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0344% | 8h | 0.000004834 | +0.116% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0366% | 8h | 0.000004833 | +0.089% | $30K | $10K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0455% | 8h | 0.000004838 | +0.209% | $2.3M | $6.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004832 | +0.075% | $578K | $25.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0510% | 1h | 0.000004835 | +0.137% | $2K | $9K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004861 | +0.675% | $4K | $92K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0579% | 1h | 0.000004832 | +0.075% | $81K | $94K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0643% | 1h | 0.000004844 | +0.323% | $181K | $866K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0757% | 1h | 0.000004835 | +0.140% | $3.9M | $12.9M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0766% | 8h | 0.000004840 | +0.238% | — | $254.7M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004838 | +0.199% | $137K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0804% | 8h | 0.000004841 | +0.263% | $90.1M | $288.4M | 300x | as long as short |
| Binance 1000PEPEUSDTlong | +0.0805% | 8h | 0.000004828 | long leg | $127.9M | $1.01B | 75x | |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000004823 | −0.104% | $531K | $146K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0859% | 1h | 0.000004884 | +1.152% | $101K | $759K | 25x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0860% | 8h | 0.000004828 | −0.009% | $1.5M | $6.8M | 50x | |
| 01 Exchange kPEPEUSD | +0.1328% | 1h | 0.000004830 | +0.033% | $553 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD