Funding you earn now, next payment 22:00 UTC+0.0716%/8h= +78.4% APRpaid last 24h +0.024%
Price spread now: Aevo against edgeX−0.182%72s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,175as 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−$1,17411.737% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.519%+$52 · spread now −0.182%, 7d avg +0.017%
=Together, before fees+0.503%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.198% cheaper against edgeX than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of +0.017%). If the spread goes back, that is −$20 on $10k: about 22 hours of funding at the current rate (+$21 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% 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 | edgeX 1000PEPEUSDC | 0.000004804 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $27K | $338K | 20x |
| Short | Aevo 1000PEPE-PERP | 0.000004795 | 0.0816 | get 0.0102% / 1h | 32m 07s | $136K | — | 3x |
edgeX 1000PEPEUSDC
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- $150.36
- Price spread: −0.182% → +0.017%
- −$19.82
- Slippage, 4 orders
- −$1,148.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$1,043.18
- Costs to cover
- 11.737%
- Break-even
- 55.6 days
Slippage from edgeX: live order book, 56 min ago; Aevo: live order book, 56 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 edgeX live order book, 56 min ago | 0.92 bp | 5.5 bp −$5 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 56 min ago | 271.04 bp | 587.9 bp −$588 | doesn't fit | 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 | 0.000004800 | −0.082% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004789 | −0.296% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004793 | −0.223% | $56.8M | $70.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004806 | +0.047% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004790 | −0.294% | $88.5M | $273.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004787 | −0.348% | $148.4M | $61.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004792 | −0.236% | $23.7M | $52.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004799 | −0.091% | $705K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000004804 | long leg | $27K | $338K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004810 | +0.141% | $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 | 0.000004799 | −0.096% | $553K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0131% | 8h | 0.000004793 | −0.223% | $41.2M | $487.1M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0171% | 8h | 0.000004791 | −0.267% | $43.1M | $152.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004798 | −0.120% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0245% | 8h | 0.000004812 | +0.172% | $3.9M | $21.7M | 75x | as long as short |
| Lighter 1000PEPE | +0.0304% | 1h | 0.000004793 | −0.223% | $590K | $5.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.731% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000004792 | −0.246% | $29K | $11K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0381% | 8h | 0.000004806 | +0.054% | $5K | $16 | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004801 | −0.057% | $575K | $25.3M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0471% | 8h | 0.000004791 | −0.269% | $2.3M | $6.3M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0486% | 1h | 0.000004791 | −0.261% | $95K | $622K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004814 | +0.214% | $4K | $92K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0655% | 1h | 0.000004790 | −0.286% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0670% | 1h | 0.000004816 | +0.256% | $100K | $758K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0683% | 1h | 0.000004800 | −0.070% | $179K | $859K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0765% | 1h | 0.000004789 | −0.306% | $3.9M | $13.0M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0766% | 8h | 0.000004791 | −0.273% | — | $2.3M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0794% | 1h | 0.000004793 | −0.223% | $81K | $94K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0814% | 8h | 0.000004794 | −0.200% | $90.0M | $289.9M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000004793 | −0.222% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0816% | 1h | 0.000004795 | −0.182% | $136K | — | 3x | |
| Binance 1000PEPEUSDT | +0.0818% | 8h | 0.000004796 | −0.152% | $127.5M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0859% | 8h | 0.000004793 | −0.228% | $1.5M | $6.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000004812 | +0.172% | $551 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Deribit 1000PEPE_USDC-PERPETUAL
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD