Funding you earn now, next payment 08:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.069%
Price spread now: ApeX Omni against edgeX−0.023%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.023%, 7d avg −0.001%
=Together, before fees−0.029%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.022% cheaper against edgeX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of −0.001%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.046% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% 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 | 0.000005163 | 0.0100 | pay 0.0050% / 4h | 23m 23s | $28K | $546K | 20x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005162 | 0.0306 | get 0.0038% / 1h | 23m 23s | $150K | $835K | 25x |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $43.28
- Price spread: −0.023% → −0.001%
- −$2.24
- Slippage, 4 orders
- −$17.62
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $4.42
- Costs to cover
- 0.366%
- Break-even
- 6.3 days
Slippage from edgeX: live order book, 15 min ago; ApeX Omni: live order book, 16 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, 15 min ago | 0.97 bp | 5.6 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 16 min ago | 5.32 bp | 12.3 bp −$12 | 104.5 bp −$1,045 | 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 | 0.000005166 | +0.054% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005187 | +0.469% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005167 | +0.074% | $60K | $183K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005189 | +0.494% | $99.9M | $429.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005188 | +0.480% | $164.7M | $99.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | −0.167% | $614K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005163 | long leg | $28K | $546K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005163 | −0.008% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005156 | −0.143% | $600K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0121% | 8h | 0.000005193 | +0.575% | $27.0M | $74.0M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0145% | 1h | 0.000005156 | −0.139% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005186 | +0.445% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0259% | 8h | 0.000005187 | +0.455% | $46.5M | $219.8M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0306% | 1h | 0.000005162 | −0.023% | $150K | $835K | 25x | |
| OKX PEPE-USDT-SWAP | +0.0361% | 8h | 0.000005189 | +0.500% | $48.0M | $751.8M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005153 | −0.197% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0413% | 8h | 0.000005192 | +0.560% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0461% | 8h | 0.000005159 | −0.076% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0478% | 8h | 0.000005152 | −0.217% | $2.4M | $8.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0485% | 8h | 0.000005153 | −0.197% | $4.5M | $30.3M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0503% | 1h | 0.000005158 | −0.099% | $73K | $881K | 15x | as long as short |
| Lighter 1000PEPE | +0.0520% | 1h | 0.000005167 | +0.074% | $620K | $9.1M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0527% | 1h | 0.000005154 | −0.178% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005166 | +0.054% | $688K | $39.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0688% | 1h | 0.000005181 | +0.348% | $167K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0700% | 8h | 0.000005194 | +0.601% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0712% | 1h | 0.000005183 | +0.384% | $625 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0712% | 1h | 0.000005152 | −0.213% | $4.8M | $16.6M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0720% | 8h | 0.000005186 | +0.450% | $1.8M | $11.9M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0723% | 8h | 0.000005193 | +0.570% | $143.0M | $1.50B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0725% | 8h | 0.000005186 | +0.444% | $102.0M | $307.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0728% | 1h | 0.000005174 | +0.214% | $542K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0728% | 1h | 0.000005162 | −0.023% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0969% | 1h | 0.000005187 | +0.461% | $54.0M | $158.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1502% | 1h | 0.000005000 | −3.161% | $47K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]