Funding you earn now, next payment 02:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.044%
Price spread now: Pacifica against BingX−0.014%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.014%, 7d avg +0.029%
=Together, before fees+0.012%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.043% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% a year). A funding rate is set anew for every payment. 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 | BingX 1000PEPE-USDC | 0.000004934 | 0.0444 | pay 0.0444% / 8h | 6h 54m | — | $2.3M | — |
| Short | Pacifica kPEPE | 0.000004933 | 0.0100 | get 0.0013% / 1h | 54m 37s | $58K | $122K | 10x |
BingX 1000PEPE-USDC
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$72.24
- Price spread: −0.014% → +0.029%
- −$4.34
- Slippage, 4 orders
- −$36.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$131.3
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Pacifica: live order book, 13 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, 8 min ago | 1.40 bp | 7.3 bp −$7 | 17.9 bp −$179 | 93.7 bp −$9,370 | 233.7 bp −$116.8K |
| Sell Pacifica live order book, 13 min ago | 6.87 bp | 18.7 bp −$19 | doesn't fit | 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 | 0.000004934 | 0.000% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004939 | +0.097% | $3K | — | 150x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000004933 | −0.014% | $58K | $122K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004924 | −0.205% | $95.1M | $315.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004928 | −0.116% | $157.3M | $69.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004936 | +0.047% | $24.8M | $58.6M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004935 | +0.024% | $43.6M | $157.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004938 | +0.082% | $556K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004983 | +1.001% | $46K | $386K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004981 | +0.959% | $106K | $751K | 25x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004952 | +0.375% | $2K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004959 | +0.521% | $550K | $3.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004948 | +0.290% | $2.4M | $6.8M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004955 | +0.422% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0197% | 8h | 0.000004932 | −0.034% | $43.5M | $542.3M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0269% | 8h | 0.000004947 | +0.268% | $32K | $22K | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0306% | 1h | 0.000004949 | +0.310% | $2K | $12K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0317% | 8h | 0.000004949 | +0.310% | $4.2M | $24.2M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0348% | 8h | 0.000004929 | −0.085% | $6K | $16 | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000004953 | +0.391% | $658K | $27.9M | 50x | as long as short |
| BingX 1000PEPE-USDClong | +0.0444% | 8h | 0.000004934 | long leg | — | $2.3M | — | |
| Extended 1000PEPE-USD | +0.0464% | 1h | 0.000004934 | +0.014% | $543K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0464% | 1h | 0.000004948 | +0.290% | $140K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0465% | 8h | 0.000004927 | −0.128% | $92.7M | $286.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0468% | 8h | 0.000004936 | +0.039% | $135.8M | $1.15B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0502% / S −0.0408% | 1h | 0.000004000 | −18.925% | $62K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0527% | 8h | 0.000004938 | +0.082% | $1.6M | $7.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0560% | 1h | 0.000004944 | +0.209% | $60K | $114K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0666% | 1h | 0.000004945 | +0.237% | $100K | $621K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0840% | 1h | 0.000004958 | +0.493% | $1K | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0842% | 1h | 0.000004945 | +0.230% | $3.9M | $14.4M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000004967 | +0.675% | $4K | $102K | 12x | as long as short |
| Nado kPEPE-PERP | +0.0936% | 1h | 0.000004955 | +0.431% | $176K | $873K | 10x | as long as short |
| Lighter 1000PEPE | +0.1000% | 1h | 0.000004947 | +0.270% | $639K | $6.8M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2507% | 1h | 0.000004947 | +0.270% | $54.6M | $134.2M | 10x | as long as short |
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Nado kPEPE-PERP
Lighter 1000PEPE
Hyperliquid kPEPE