Funding you earn now, next payment 03:00 UTC+0.0424%/8h= +46.4% APRpaid last 24h −0.003%
Price spread now: ApeX Omni against BloFin+0.877%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs+$47as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−1.086%−$109 · spread now +0.877%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and ApeX Omni is 0.893% dearer against BloFin than usual: you sell high and buy low: +$89 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.175%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.175% in total (about -9.1% 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 | BloFin PEPE-USDT | 0.000005015 | 0.0436 | pay 0.0436% / 8h | 5h 32m | $4.3M | $25.1M | 75x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005059 | 0.0860 | get 0.0107% / 1h | 32m 41s | $99K | $752K | 25x |
BloFin PEPE-USDT
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $89.05
- Price spread: +0.877% → −0.015%
- $89.28
- Slippage, 4 orders
- −$20.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $136.27
- Costs to cover
- 0.421%
- Break-even
- from the start
Slippage from BloFin: live order book, 11 min ago; ApeX Omni: live order book, 31 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 BloFin live order book, 11 min ago | 1.98 bp | 8.0 bp −$8 | 15.6 bp −$156 | 28.0 bp −$2,798 | doesn't fit |
| Sell ApeX Omni live order book, 31 min ago | 5.32 bp | 13.1 bp −$13 | 62.0 bp −$620 | 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 | 0.000005007 | −0.160% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005001 | −0.283% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005017 | +0.040% | $63K | $136K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005012 | −0.066% | $97.8M | $336.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005014 | −0.020% | $164.5M | $74.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005011 | −0.076% | $25.6M | $62.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005017 | +0.038% | $46.2M | $172.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005042 | +0.529% | $681K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005060 | +0.907% | $36K | $434K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005014 | −0.018% | $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 | 0.000004972 | −0.853% | $568K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005003 | −0.246% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0317% | 8h | 0.000005019 | +0.080% | $45.2M | $584.2M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000005010 | −0.110% | $33K | $24K | 20x | as long as short |
| BloFin PEPE-USDTlong | +0.0436% | 8h | 0.000005015 | long leg | $4.3M | $25.1M | 75x | |
| BingX 1000PEPE-USDC | +0.0575% | 8h | 0.000005008 | −0.134% | — | $2.3M | — | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005011 | −0.080% | $908K | $31.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0583% / S −0.0908% | 1h | 0.000005000 | −0.299% | $49K | — | 100x | as long as short |
| SoDEX 1000PEPE-USD | +0.0585% | 1h | 0.000005016 | +0.020% | $2K | $12K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0608% | 1h | 0.000005017 | +0.049% | $530K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0608% | 1h | 0.000004997 | −0.359% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0611% | 8h | 0.000005009 | −0.130% | $94.6M | $289.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0614% | 8h | 0.000005016 | +0.012% | $140.7M | $1.20B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0694% | 8h | 0.000005016 | +0.017% | $1.8M | $9.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0765% | 8h | 0.000005010 | −0.096% | $6K | — | 20x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0860% | 1h | 0.000005059 | +0.877% | $99K | $752K | 25x | |
| Phemex u1000PEPEUSDT | +0.0880% | 8h | 0.000005015 | +0.004% | $2.3M | $7.0M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0915% | 1h | 0.000005002 | −0.249% | $181K | $869K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0936% | 1h | 0.000005018 | +0.062% | $95K | $624K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0949% | 1h | 0.000005011 | −0.080% | $61K | $114K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005024 | +0.179% | $606 | $3K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +1.795% | $4K | $102K | 12x | as long as short |
| Lighter 1000PEPE | +0.1312% | 1h | 0.000005019 | +0.080% | $695K | $8.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1388% | 1h | 0.000005015 | −0.009% | $4.2M | $15.1M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1737% | 1h | 0.000005017 | +0.040% | $53.5M | $139.2M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BingX 1000PEPE-USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Injective PEPE/USDC PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE