PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0709%/8h= +77.6% APRnext payment +$7.09 per $10,000 · paid last 24h +0.060%

Price spread now: Aster against Bitget+0.034%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.365% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.186%+$19 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.034%, 7d avg +0.041%

Together, before fees+0.224%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.09 per $10,000. 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	Bitget PEPEUSDT	0.000004815	0.0179	pay 0.0179% / 8h	2h 17m	$42.6M	$150.9M	75x
Short	Aster 1000PEPEUSDT	0.000004817	0.0888	get 0.0888% / 8h	2h 17m	$1.5M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $148.89
Price spread: +0.034% → +0.041%: −$0.66
Slippage, 4 orders: −$16.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $111.74
Costs to cover: 0.365%
Break-even: 1.7 days

Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 1 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, 1 min ago	2.18 bp	9.5 bp −$10	12.2 bp −$122	25.1 bp −$2,514	doesn't fit
Sell Aster live order book, 1 min ago	0.31 bp	5.8 bp −$6	8.8 bp −$88	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	0.000004814	−0.024%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004810	−0.114%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004813	−0.042%	$57.9M	$71.7M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004820	+0.104%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004813	−0.037%	$88.1M	$274.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004809	−0.125%	$150.2M	$62.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004815	−0.008%	$25.0M	$53.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004844	+0.607%	$709K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004850	+0.724%	$27K	$338K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004827	+0.249%	$1K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004825	+0.218%	$556K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0156%	8h	0.000004816	+0.021%	$41.4M	$485.3M	50x	as long as short
Bitget PEPEUSDTlong	+0.0179%	8h	0.000004815	long leg	$42.6M	$150.9M	75x
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004816	+0.017%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0273%	8h	0.000004821	+0.125%	$3.8M	$21.8M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−16.926%	$52K	—	100x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0403%	8h	0.000004813	−0.031%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004823	+0.166%	$579K	$25.2M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0473%	8h	0.000004817	+0.048%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0495%	8h	0.000004820	+0.100%	$5K	$16	20x	as long as short
Lighter 1000PEPE	+0.0552%	1h	0.000004823	+0.166%	$609K	$5.2M	10x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004834	+0.395%	$4K	$110K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0581%	1h	0.000004815	0.000%	$81K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0679%	1h	0.000004813	−0.033%	$93K	$622K	15x	as long as short
Nado kPEPE-PERP	+0.0733%	1h	0.000004819	+0.079%	$188K	$848K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0761%	1h	0.000004814	−0.025%	$3.9M	$13.0M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0801%	1h	0.000004816	+0.021%	$2K	$9K	10x	as long as short
BingX 1000PEPE-USDT	+0.0813%	8h	0.000004819	+0.077%	—	$254.7M	—	as long as short
ApeX Omni 1000PEPEUSDT	+0.0821%	1h	0.000004843	+0.582%	$102K	$762K	25x	as long as short
MEXC PEPE_USDT	+0.0855%	8h	0.000004818	+0.071%	$90.2M	$291.1M	300x	as long as short
Extended 1000PEPE-USD	+0.0856%	1h	0.000004815	−0.009%	$529K	$147K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0856%	1h	0.000004821	+0.125%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0856%	8h	0.000004820	+0.108%	$128.3M	$1.02B	75x	as long as short
Aster 1000PEPEUSDTshort	+0.0888%	8h	0.000004817	+0.034%	$1.5M	$6.8M	50x
01 Exchange kPEPEUSD	+0.1224%	1h	0.000004825	+0.208%	$553	$2K	10x	as long as short