Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BingX−0.130%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$130.134% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.130%, 7d avg +0.041%
=Funding pays, the price is against you. MEXC is 0.171% cheaper against BingX than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of +0.041%). If the spread goes back, that is −$17 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDT | 0.000005066 | 0.0563 | pay 0.0563% / 8h | 5h 39m | — | $260.8M | — |
| Short | MEXC PEPE_USDT | 0.000005060 | 0.0601 | get 0.0601% / 8h | 5h 39m | $96.4M | $287.7M | 300x |
BingX 1000PEPE-USDT
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.94
- Price spread: −0.130% → +0.041%
- −$17.11
- Slippage, 4 orders
- −$3.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$22.58
- Costs to cover
- 0.134%
- Break-even
- 26.9 days
Slippage from BingX: live order book, 14 min ago; MEXC: live order book, 9 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 | 0.10 bp | 5.2 bp −$5 | 8.6 bp −$86 | 15.9 bp −$1,594 | 36.7 bp −$18.4K |
| Sell MEXC live order book, 9 min ago | 0.30 bp | 1.5 bp −$1 | 10.4 bp −$104 | 45.1 bp −$4,505 | 74.3 bp −$37.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005060 | −0.119% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005059 | −0.156% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005066 | −0.010% | $64K | $135K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005060 | −0.128% | $98.9M | $333.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005063 | −0.069% | $165.9M | $73.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005063 | −0.077% | $25.5M | $62.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005063 | −0.077% | $46.5M | $171.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005050 | −0.335% | $680K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005064 | −0.050% | $27K | $422K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005069 | +0.045% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
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 | −0.097% | $578K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005065 | −0.026% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0304% | 8h | 0.000005064 | −0.049% | $46.0M | $585.2M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0314% | 8h | 0.000005071 | +0.093% | $33K | $24K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0420% | 8h | 0.000005057 | −0.188% | $4.4M | $25.2M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0540% | 1h | 0.000005065 | −0.030% | $61K | $114K | 25x | as long as short |
| BingX 1000PEPE-USDTlong | +0.0563% | 8h | 0.000005066 | long leg | — | $260.8M | — | |
| GMX PEPE/USD [ETH-USDC] | L +0.0571% / S −0.0878% | 1h | 0.000005000 | −1.313% | $50K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005071 | +0.089% | $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 | −0.103% | $536K | $221K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0600% | 1h | 0.000005069 | +0.049% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDTshort | +0.0601% | 8h | 0.000005060 | −0.130% | $96.4M | $287.7M | 300x | |
| Binance 1000PEPEUSDT | +0.0603% | 8h | 0.000005062 | −0.084% | $141.9M | $1.20B | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0641% | 8h | 0.000005071 | +0.089% | $2.4M | $7.0M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0697% | 8h | 0.000005070 | +0.059% | $1.8M | $9.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0753% | 8h | 0.000005062 | −0.094% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0894% | 1h | 0.000005065 | −0.036% | $184K | $866K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0941% | 1h | 0.000005067 | +0.004% | $99K | $618K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +0.760% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.0984% | 1h | 0.000005067 | +0.010% | $611 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0992% | 1h | 0.000005065 | −0.030% | $99K | $752K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1373% | 1h | 0.000005068 | +0.033% | $4.2M | $15.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.1536% | 1h | 0.000005070 | +0.069% | $720K | $8.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1822% | 1h | 0.000005073 | +0.128% | $55.8M | $137.5M | 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
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Phemex u1000PEPEUSDT
Aster 1000PEPEUSDT
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