Funding you earn now, next payment 16:00 UTC+0.0215%/8h= +23.6% APRnext payment +$2.15 per $10,000 · paid last 24h +0.034%
Price spread now: MEXC against BloFin+0.072%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.215% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.072%, 7d avg +0.081%
=The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.156%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PEPE-USDT | 0.000005148 | 0.0461 | pay 0.0461% / 8h | 7h 47m | $4.5M | $30.6M | 75x |
| Short | MEXC PEPE_USDT | 0.000005152 | 0.0676 | get 0.0676% / 8h | 7h 47m | $100.5M | $306.2M | 300x |
BloFin PEPE-USDT
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $45.21
- Price spread: +0.072% → +0.081%
- −$0.93
- Slippage, 4 orders
- −$9.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $22.73
- Costs to cover
- 0.215%
- Break-even
- 3.5 days
Slippage from BloFin: live order book, 7 min ago; MEXC: 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 | 0.98 bp | 12.1 bp −$12 | 15.1 bp −$151 | 31.9 bp −$3,187 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.10 bp | 1.2 bp −$1 | 14.1 bp −$141 | 46.8 bp −$4,682 | 80.1 bp −$40.1K |
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 | 0.000005150 | +0.032% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005148 | −0.004% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005158 | +0.194% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005145 | −0.058% | $99.1M | $435.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005146 | −0.039% | $163.5M | $99.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005142 | −0.123% | $636K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005131 | −0.334% | $28K | $550K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005160 | +0.231% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005154 | +0.115% | $603K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0109% | 8h | 0.000005148 | +0.004% | $2.4M | $8.1M | 50x | 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-USDT
Phemex u1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005135 | −0.253% | $8K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0159% | 8h | 0.000005152 | +0.078% | $26.9M | $74.7M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0175% | 1h | 0.000005149 | +0.019% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005149 | +0.018% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0223% | 8h | 0.000005146 | −0.031% | $46.3M | $222.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0333% | 1h | 0.000005149 | +0.019% | $73K | $128K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0341% | 8h | 0.000005147 | −0.019% | $47.4M | $752.2M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0360% | 1h | 0.000005128 | −0.389% | $149K | $835K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0428% | 8h | 0.000005156 | +0.164% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0431% | 8h | 0.000005149 | +0.012% | $34K | $26K | 20x | as long as short |
| BloFin PEPE-USDTlong | +0.0461% | 8h | 0.000005148 | long leg | $4.5M | $30.6M | 75x | |
| Backpack kPEPE_USDC_PERP | +0.0491% | 1h | 0.000005147 | −0.021% | $77K | $895K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005155 | +0.136% | $672K | $40.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0560% | 1h | 0.000005164 | +0.311% | $623 | $2K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0564% | 1h | 0.000005150 | +0.039% | $53.3M | $160.1M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0607% | 1h | 0.000005153 | +0.104% | $165K | $965K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0616% | 1h | 0.000005145 | −0.066% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0646% | 8h | 0.000005147 | −0.016% | — | $175.8M | — | as long as short |
| Lighter 1000PEPE | +0.0664% | 1h | 0.000005151 | +0.058% | $624K | $9.0M | 10x | as long as short |
| MEXC PEPE_USDTshort | +0.0676% | 8h | 0.000005152 | +0.072% | $100.5M | $306.2M | 300x | |
| Binance 1000PEPEUSDT | +0.0677% | 8h | 0.000005144 | −0.086% | $142.0M | $1.51B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000005147 | −0.021% | $539K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005148 | 0.000% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0696% | 8h | 0.000005146 | −0.039% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1020% / S −0.1149% | 1h | 0.000005000 | −2.875% | $52K | — | 100x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Hyperliquid kPEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Lighter 1000PEPE
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]