Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h +0.078%
Price spread now: ApeX Omni against Bitget−1.756%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+2.275%+$228 · spread now −1.756%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 1.734% cheaper against Bitget than usual: you would sell low and buy high (−$173 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.142%, 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 | Bitget PEPEUSDT | 0.000005234 | 0.0277 | pay 0.0277% / 8h | 45m 13s | $47.0M | $218.2M | 75x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005142 | 0.0100 | get 0.0013% / 1h | 45m 13s | $150K | $832K | 25x |
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- −$37.17
- Price spread: −1.756% → −0.022%
- −$173.38
- Slippage, 4 orders
- −$16.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$248.8
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; ApeX Omni: live order book, 59 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 Bitget live order book, 4 min ago | 1.46 bp | 7.8 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 59 min ago | 2.51 bp | 9.7 bp −$10 | 101.0 bp −$1,010 | 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 | 0.000005192 | −0.801% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005220 | −0.260% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005203 | −0.590% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005231 | −0.061% | $102.0M | $424.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005226 | −0.151% | $165.5M | $98.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005200 | −0.638% | $651K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005205 | −0.551% | $29K | $546K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0100% | 1h | 0.000005142 | −1.756% | $150K | $832K | 25x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005238 | +0.069% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005221 | −0.250% | $608K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0119% | 8h | 0.000005234 | +0.011% | $27.0M | $73.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005225 | −0.173% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTlong | +0.0277% | 8h | 0.000005234 | long leg | $47.0M | $218.2M | 75x | |
| OKX PEPE-USDT-SWAP | +0.0386% | 8h | 0.000005232 | −0.036% | $48.1M | $752.0M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0388% | 1h | 0.000005234 | +0.002% | $2K | $11K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005201 | −0.629% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0407% | 8h | 0.000005228 | −0.107% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0502% | 8h | 0.000005199 | −0.659% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0506% | 8h | 0.000005231 | −0.055% | $4.6M | $30.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0509% | 8h | 0.000005236 | +0.050% | $2.4M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0528% | 1h | 0.000005234 | +0.010% | $76K | $868K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005236 | +0.040% | $703K | $39.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005238 | +0.078% | $623K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0679% | 1h | 0.000005221 | −0.244% | $167K | $954K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0701% | 1h | 0.000005235 | +0.020% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0708% | 8h | 0.000005229 | −0.084% | — | $218.5M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0728% | 1h | 0.000005212 | −0.418% | $629 | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0737% | 8h | 0.000005231 | −0.058% | $1.8M | $11.7M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0749% | 8h | 0.000005236 | +0.042% | $102.0M | $304.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0750% | 8h | 0.000005230 | −0.078% | $143.5M | $1.48B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005233 | −0.014% | $547K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005237 | +0.059% | $148K | — | 3x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0898% | 1h | 0.000005231 | −0.055% | $75K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.1005% | 1h | 0.000005230 | −0.075% | $54.3M | $157.3M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1135% / S −0.2342% | 1h | 0.000005000 | −4.469% | $64K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]