Funding you earn now, next payment 06:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h +0.022%
Price spread now: ApeX Omni against BingX−1.229%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+1.427%+$143 · spread now −1.229%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 1.238% cheaper against BingX than usual: you would sell low and buy high (−$124 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDC | 0.000005086 | 0.0751 | pay 0.0751% / 8h | 2h 19m | — | $2.3M | — |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005024 | 0.0717 | get 0.0090% / 1h | 19m 35s | $154K | $813K | 25x |
BingX 1000PEPE-USDC
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BingX. 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
- −$7.2
- Price spread: −1.229% → +0.010%
- −$123.84
- Slippage, 4 orders
- −$31.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$182.93
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; ApeX Omni: live order book, 29 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 BingX live order book, 14 min ago | 1.10 bp | 15.1 bp −$15 | 23.6 bp −$236 | 91.1 bp −$9,112 | 215.7 bp −$107.9K |
| Sell ApeX Omni live order book, 29 min ago | 1.29 bp | 9.4 bp −$9 | 96.8 bp −$968 | 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 | 0.000005079 | −0.156% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005078 | −0.163% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005086 | −0.010% | $58K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005088 | +0.033% | $100.0M | $406.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005082 | −0.088% | $162.5M | $94.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005093 | +0.130% | $25.3M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005062 | −0.489% | $602K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005066 | −0.409% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005089 | +0.045% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005083 | −0.063% | $569K | $4.1M | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005093 | +0.136% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0254% | 1h | 0.000005083 | −0.069% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0334% | 8h | 0.000005090 | +0.067% | $45.4M | $211.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0395% | 8h | 0.000005083 | −0.073% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0424% | 8h | 0.000005096 | +0.187% | $46.8M | $700.4M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005063 | −0.462% | $4.4M | $28.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0568% | 8h | 0.000005091 | +0.093% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0623% | 8h | 0.000005080 | −0.128% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0657% | 1h | 0.000005090 | +0.065% | $74K | $834K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0671% | 1h | 0.000005095 | +0.177% | $168K | $944K | 10x | as long as short |
| Lighter 1000PEPE | +0.0672% | 1h | 0.000005094 | +0.147% | $603K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005089 | +0.049% | $647K | $37.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0688% | 1h | 0.000005085 | −0.029% | $613 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0717% | 1h | 0.000005024 | −1.229% | $154K | $813K | 25x | |
| BingX 1000PEPE-USDClong | +0.0751% | 8h | 0.000005086 | long leg | — | $2.3M | — | |
| MEXC PEPE_USDT | +0.0796% | 8h | 0.000005078 | −0.159% | $97.8M | $302.9M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005082 | −0.090% | $539K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005079 | −0.147% | $144K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0801% | 8h | 0.000005089 | +0.048% | $142.7M | $1.42B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0841% | 1h | 0.000005079 | −0.148% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0844% | 8h | 0.000005092 | +0.110% | $1.8M | $11.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0932% | 1h | 0.000005083 | −0.069% | $73K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.1006% | 1h | 0.000005098 | +0.226% | $53.9M | $152.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2171% | 1h | 0.000005000 | −1.701% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005027 | −1.170% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP