Funding you earn now, next payment 00:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget−1.241%54s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)+1.546%+$155 · spread now −1.241%, 7d avg −0.043%
=Together, before fees+1.633%+ Points / potential airdropedgeX: Active · farm board+$163 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 1.198% cheaper against Bitget than usual: you would sell low and buy high (−$120 if the spread goes back to its 7-day average of −0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPEUSDT | 0.000004891 | 0.0173 | pay 0.0173% / 8h | 2h 48m | $45.0M | $150.2M | 75x |
| Short | edgeX 1000PEPEUSDC | 0.000004830 | 0.0100 | get 0.0050% / 4h | 2h 48m | $27K | $336K | 20x |
Bitget PEPEUSDT
edgeX 1000PEPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$15.33
- Price spread: −1.241% → −0.043%
- −$119.8
- Slippage, 4 orders
- −$7.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$163.37
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; edgeX: live order book, 39 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, 6 min ago | 2.29 bp | 8.3 bp −$8 | 8.6 bp −$86 | 19.3 bp −$1,932 | doesn't fit |
| Sell edgeX live order book, 39 min ago | 0.92 bp | 5.6 bp −$6 | 37.3 bp −$373 | 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 | 0.000004888 | −0.049% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004880 | −0.231% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004893 | +0.043% | $56.7M | $68.5M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004894 | +0.063% | $57K | $109K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004895 | +0.082% | $89.5M | $272.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004888 | −0.059% | $149.0M | $60.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004895 | +0.080% | $24.4M | $50.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004845 | −0.948% | $708K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000004830 | −1.241% | $27K | $336K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004892 | +0.029% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
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 | 0.000004871 | −0.411% | $553K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0110% | 8h | 0.000004897 | +0.125% | $42.0M | $495.2M | 50x | as long as short |
| Lighter 1000PEPE | +0.0152% | 1h | 0.000004894 | +0.063% | $547K | $5.0M | 10x | as long as short |
| Bitget PEPEUSDTlong | +0.0173% | 8h | 0.000004891 | long leg | $45.0M | $150.2M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004877 | −0.282% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0225% | 8h | 0.000004884 | −0.141% | $4.0M | $21.7M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0291% | 1h | 0.000004885 | −0.127% | $109K | $619K | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0374% | 1h | 0.000004000 | −18.215% | $42K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0342% | 8h | 0.000004899 | +0.161% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0354% | 8h | 0.000004879 | −0.249% | $30K | $10K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0421% | 8h | 0.000004884 | −0.133% | $2.3M | $6.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004874 | −0.346% | $598K | $25.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004880 | −0.223% | $4K | $92K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0616% | 1h | 0.000004884 | −0.141% | $2K | $9K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0644% | 1h | 0.000004896 | +0.109% | $183K | $867K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0750% | 1h | 0.000004885 | −0.112% | $3.9M | $12.8M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0756% | 8h | 0.000004893 | +0.033% | — | $2.3M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0766% | 1h | 0.000004850 | −0.836% | $101K | $757K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0775% | 1h | 0.000004884 | −0.141% | $82K | $94K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000004896 | +0.111% | $538K | $146K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000004893 | +0.043% | $138K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000004899 | +0.157% | $92.5M | $286.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0799% | 8h | 0.000004901 | +0.213% | $129.4M | $1.01B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0860% | 8h | 0.000004896 | +0.094% | $1.5M | $6.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1600% | 1h | 0.000004911 | +0.411% | $563 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Lighter 1000PEPE
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USD
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD