Funding you earn now, next payment 04:00 UTC+0.0412%/8h= +45.1% APRpaid last 24h +0.036%
Price spread now: Binance against edgeX+0.231%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.710%−$71 · spread now +0.231%, 7d avg +0.029%
=Together, before fees−0.723%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.201% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% 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 | 0.000005036 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $27K | $409K | 20x |
| Short | Binance 1000PEPEUSDT | 0.000005048 | 0.0512 | get 0.0512% / 8h | 6h 28m | $142.3M | $1.16B | 75x |
edgeX 1000PEPEUSDC
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $86.42
- Price spread: +0.231% → +0.029%
- $20.13
- Slippage, 4 orders
- −$6.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $81.54
- Costs to cover
- 0.250%
- Break-even
- 0.4 days
Slippage from edgeX: live order book, 40 min ago; Binance: live order book, 15 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, 40 min ago | 1.38 bp | 6.0 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.10 bp | 6.1 bp −$6 | 14.3 bp −$143 | 41.7 bp −$4,172 | 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 | 0.000005067 | +0.602% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005047 | +0.211% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005074 | +0.749% | $62K | $125K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005045 | +0.172% | $98.2M | $321.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005045 | +0.174% | $161.1M | $70.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005048 | +0.237% | $24.9M | $60.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005050 | +0.275% | $46.4M | $159.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005030 | −0.130% | $565K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005036 | long leg | $27K | $409K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005049 | +0.243% | $1K | $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 | 0.000005063 | +0.537% | $571K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005058 | +0.431% | $8K | — | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0209% | 8h | 0.000005050 | +0.265% | $2.4M | $6.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0226% | 8h | 0.000005046 | +0.193% | $44.7M | $564.0M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0277% | 8h | 0.000005049 | +0.251% | $33K | $23K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0340% | 1h | 0.000005036 | −0.005% | $106K | $746K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0345% | 1h | 0.000005048 | +0.233% | $61K | $114K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005058 | +0.432% | $647K | $29.2M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0479% | 8h | 0.000005048 | +0.229% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0507% / S −0.0412% | 1h | 0.000005000 | −0.720% | $63K | — | 100x | as long as short |
| MEXC PEPE_USDT | +0.0511% | 8h | 0.000005052 | +0.309% | $95.3M | $289.9M | 300x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0512% | 8h | 0.000005048 | +0.231% | $142.3M | $1.16B | 75x | |
| Extended 1000PEPE-USD | +0.0512% | 1h | 0.000005049 | +0.256% | $554K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0512% | 1h | 0.000005049 | +0.253% | $143K | — | 3x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0535% | 8h | 0.000005071 | +0.689% | $6K | $16 | 20x | as long as short |
| Nado kPEPE-PERP | +0.0599% | 1h | 0.000005058 | +0.432% | $178K | $878K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0601% | 8h | 0.000005057 | +0.408% | $1.7M | $8.1M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0618% | 1h | 0.000005044 | +0.154% | $2K | $12K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0826% | 1h | 0.000005039 | +0.056% | $4.0M | $14.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005061 | +0.491% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0918% | 1h | 0.000005049 | +0.249% | $102K | $616K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0992% | 1h | 0.000005074 | +0.749% | $1K | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.1440% | 1h | 0.000005057 | +0.412% | $1.1M | $7.3M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2249% | 1h | 0.000005060 | +0.471% | $55.7M | $135.6M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
Aster 1000PEPEUSDT
SoDEX 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE