Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −25.0% APRnext payment −$2.28 per $10,000 · paid last 24h −0.030%
Price spread now: KuCoin against BloFin−0.142%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days−0.225%−$22 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.142%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.132% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEPE-USDT | 0.000004783 | 0.0328 | pay 0.0328% / 8h | 1h 16m | $3.9M | $22.1M | 75x |
| Short | KuCoin PEPEUSDTM | 0.000004776 | 0.0100 | get 0.0100% / 8h | 1h 16m | $24.6M | $54.0M | 75x |
BloFin PEPE-USDT
KuCoin PEPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.89
- Price spread: −0.142% → −0.010%
- −$13.23
- Slippage, 4 orders
- −$18.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.69
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; KuCoin: live order book, 2 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, 7 min ago | 1.04 bp | 10.5 bp −$11 | 12.9 bp −$129 | 33.7 bp −$3,366 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.25 bp | 12.3 bp −$12 | 23.7 bp −$237 | 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 | 0.000004781 | −0.039% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004778 | −0.102% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004782 | −0.021% | $659K | $5.9M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004782 | −0.021% | $61.7M | $81.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004784 | +0.021% | $59K | $114K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004778 | −0.100% | $86.2M | $282.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004774 | −0.188% | $149.4M | $63.2M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000004776 | −0.142% | $24.6M | $54.0M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004812 | +0.604% | $543K | $4.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004816 | +0.683% | $27K | $344K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004789 | +0.125% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004782 | −0.021% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004783 | −0.006% | $540K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0123% | 8h | 0.000004777 | −0.117% | $42.0M | $148.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004778 | −0.094% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0209% | 8h | 0.000004783 | 0.000% | $41.4M | $489.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0295% | 8h | 0.000004786 | +0.064% | $5K | $16 | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0319% / S −0.0340% | 1h | 0.000004000 | −16.370% | $43K | — | 100x | as long as short |
| BloFin PEPE-USDTlong | +0.0328% | 8h | 0.000004783 | long leg | $3.9M | $22.1M | 75x | |
| Phemex u1000PEPEUSDT | +0.0354% | 8h | 0.000004782 | −0.027% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0408% | 1h | 0.000004784 | +0.021% | $548 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004783 | 0.000% | $579K | $25.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0450% | 8h | 0.000004780 | −0.054% | $29K | $11K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0542% | 1h | 0.000004816 | +0.690% | $102K | $764K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0557% | 1h | 0.000004780 | −0.059% | $92K | $614K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0587% | 1h | 0.000004782 | −0.021% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0749% | 8h | 0.000004780 | −0.061% | — | $256.4M | — | as long as short |
| Nado kPEPE-PERP | +0.0768% | 1h | 0.000004783 | −0.005% | $184K | $845K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000004779 | −0.093% | $526K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000004784 | +0.021% | $135K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0770% | 8h | 0.000004783 | 0.000% | $129.9M | $1.04B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0774% | 8h | 0.000004780 | −0.067% | $90.6M | $285.4M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0786% | 8h | 0.000004776 | −0.151% | $1.5M | $7.1M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004798 | +0.314% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1335% | 1h | 0.000004779 | −0.092% | $3.9M | $13.3M | 50x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Nado kPEPE-PERP
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD