PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.015%

Price spread now: BingX against Binance+0.052%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.052%, 7d avg −0.081%

Together, before fees−0.073%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.133% dearer against Binance than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.081%): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 47 days. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 1000PEPEUSDT	0.000004724	0.0568	pay 0.0568% / 8h	7m 47s	$132.1M	$1.07B	75x
Short	BingX 1000PEPE-USDC	0.000004726	0.0559	get 0.0559% / 8h	7m 47s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$1.98
Price spread: +0.052% → −0.081%: $13.32
Slippage, 4 orders: −$20.68
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$29.35
Costs to cover: 0.407%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; BingX: live order book, 11 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, 6 min ago	0.11 bp	5.9 bp −$6	11.5 bp −$115	32.1 bp −$3,214	doesn't fit
Sell BingX live order book, 11 min ago	0.63 bp	15.6 bp −$16	23.4 bp −$234	89.9 bp −$8,992	228.5 bp −$114.2K

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
Hyperliquid kPEPE	−0.0337%	1h	0.000004720	−0.079%	$69.6M	$96.6M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004722	−0.029%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004727	+0.073%	$14K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004731	+0.144%	$3.8M	$13.8M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004724	+0.006%	$55K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004728	+0.090%	$87.0M	$293.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004728	+0.090%	$149.4M	$65.0M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004730	+0.143%	$24.1M	$54.7M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004728	+0.101%	$41.8M	$150.8M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004715	−0.189%	$567K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004726	+0.044%	$25K	$349K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004728	+0.090%	$99K	$755K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004736	+0.260%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004733	+0.196%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004731	+0.145%	$534K	$3.5M	75x	as long as short
Lighter 1000PEPE	+0.0168%	1h	0.000004726	+0.048%	$570K	$6.6M	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0175%	8h	0.000004727	+0.072%	$5K	$16	20x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004729	+0.120%	$7K	—	15x	as long as short
Phemex u1000PEPEUSDT	+0.0193%	8h	0.000004734	+0.224%	$2.3M	$6.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0205%	8h	0.000004731	+0.154%	$41.9M	$495.1M	50x	as long as short
01 Exchange kPEPEUSD	+0.0304%	1h	0.000004732	+0.175%	$542	$2K	10x	as long as short
BloFin PEPE-USDT	+0.0324%	8h	0.000004725	+0.027%	$3.9M	$22.2M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0352%	8h	0.000004731	+0.152%	$29K	$13K	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0389% / S −0.0314%	1h	0.000004000	−15.321%	$49K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004731	+0.154%	$563K	$25.4M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004726	+0.048%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0530%	1h	0.000004735	+0.232%	$92K	$603K	15x	as long as short
BingX 1000PEPE-USDCshort	+0.0559%	8h	0.000004726	+0.052%	—	$2.3M	—
Aster 1000PEPEUSDT	+0.0559%	8h	0.000004729	+0.104%	$1.5M	$7.3M	50x	as long as short
Extended 1000PEPE-USD	+0.0568%	1h	0.000004731	+0.161%	$518K	$148K	25x	as long as short
Binance 1000PEPEUSDTlong	+0.0568%	8h	0.000004724	long leg	$132.1M	$1.07B	75x
MEXC PEPE_USDT	+0.0570%	8h	0.000004731	+0.162%	$88.9M	$283.1M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0576%	1h	0.000004730	+0.133%	$134K	—	3x	as long as short
Nado kPEPE-PERP	+0.0614%	1h	0.000004729	+0.113%	$179K	$849K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0808%	1h	0.000004732	+0.175%	$76K	$98K	25x	as long as short