Funding you earn now, next payment 04:00 UTC+0.0543%/8h= +59.5% APRpaid last 24h +0.105%
Price spread now: Aster against edgeX+0.167%80s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as 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−$290.293% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.647%−$65 · spread now +0.167%, 7d avg +0.061%
=Together, before fees−0.504%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aster is 0.106% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.061%. The two prices were read 80 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 0.144% in total (about 7.5% 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 | 0.000005092 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $27K | $421K | 20x |
| Short | Aster 1000PEPEUSDT | 0.000005101 | 0.0643 | get 0.0643% / 8h | 6h 08m | $1.7M | $8.3M | 50x |
edgeX 1000PEPEUSDC
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $114.12
- Price spread: +0.167% → +0.061%
- $10.6
- Slippage, 4 orders
- −$12.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $95.47
- Costs to cover
- 0.293%
- Break-even
- 1.1 days
Slippage from edgeX: live order book, 60 min ago; Aster: live order book, 6 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, 60 min ago | 1.38 bp | 6.0 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 1.48 bp | 8.7 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
PEPE on 34 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 | 0.000005083 | −0.187% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005098 | +0.114% | $18K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005091 | −0.029% | $62K | $127K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005113 | +0.395% | $99.4M | $326.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005108 | +0.305% | $163.7M | $72.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005116 | +0.468% | $25.7M | $61.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005112 | +0.389% | $46.4M | $166.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005085 | −0.155% | $648K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005092 | long leg | $27K | $421K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005110 | +0.342% | $2K | $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
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005107 | +0.279% | $572K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005097 | +0.088% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0260% | 8h | 0.000005113 | +0.403% | $45.8M | $580.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0287% | 8h | 0.000005106 | +0.259% | $34K | $24K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005116 | +0.462% | $734K | $30.6M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0458% | 8h | 0.000005115 | +0.434% | $2.4M | $7.0M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0512% | 8h | 0.000005109 | +0.328% | — | $259.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0527% / S −0.0557% | 1h | 0.000005000 | −1.816% | $57K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0530% | 1h | 0.000005085 | −0.147% | $105K | $748K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0544% | 1h | 0.000005106 | +0.264% | $559K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0544% | 1h | 0.000005121 | +0.560% | $145K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0546% | 8h | 0.000005119 | +0.521% | $96.6M | $292.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0547% | 8h | 0.000005119 | +0.519% | $145.0M | $1.18B | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0626% | 1h | 0.000005109 | +0.324% | $2K | $12K | 10x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0643% | 8h | 0.000005101 | +0.167% | $1.7M | $8.3M | 50x | |
| Nado kPEPE-PERP | +0.0650% | 1h | 0.000005092 | −0.008% | $193K | $885K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0650% | 8h | 0.000005092 | −0.009% | $6K | $16 | 20x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0815% | 1h | 0.000005113 | +0.399% | $4.1M | $14.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005095 | +0.049% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0927% | 1h | 0.000005103 | +0.206% | $62K | $114K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0950% | 1h | 0.000005117 | +0.489% | $99K | $622K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0960% | 1h | 0.000005105 | +0.246% | $616 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1792% | 1h | 0.000005123 | +0.599% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2062% | 1h | 0.000005119 | +0.521% | $56.5M | $136.0M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDT
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
SoDEX 1000PEPE-USD
Nado kPEPE-PERP
Paradex kPEPE-USD-PERP
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE