Funding you earn now, next payment 04:00 UTC+0.0629%/8h= +68.9% APRpaid last 24h +0.035%
Price spread now: BingX against edgeX+0.091%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.091%, 7d avg +0.002%
=Together, before fees−0.213%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BingX is 0.088% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.5% 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 | 0.000005247 | 0.0100 | pay 0.0050% / 4h | 1m 15s | $37K | $492K | 20x |
| Short | BingX 1000PEPE-USDT | 0.000005252 | 0.0729 | get 0.0729% / 8h | 4h 01m | — | $263.3M | — |
edgeX 1000PEPEUSDC
BingX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $132.09
- Price spread: +0.091% → +0.002%
- $8.84
- Slippage, 4 orders
- −$7.77
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $114.16
- Costs to cover
- 0.268%
- Break-even
- 1.0 days
Slippage from edgeX: live order book, 57 min ago; BingX: live order book, 3 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, 57 min ago | 1.09 bp | 5.7 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.09 bp | 9.5 bp −$10 | 13.1 bp −$131 | 18.5 bp −$1,851 | 46.1 bp −$23.1K |
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 | 0.000005255 | +0.153% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005244 | −0.060% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005264 | +0.325% | $68K | $147K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005244 | −0.049% | $102.7M | $364.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005247 | +0.001% | $171.1M | $84.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005249 | +0.043% | $27.0M | $66.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005177 | −1.341% | $822K | $4.9M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005247 | long leg | $37K | $492K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005250 | +0.062% | $2K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005270 | +0.430% | $611K | $3.8M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005252 | +0.098% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0233% | 8h | 0.000005248 | +0.024% | $48.3M | $183.0M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005255 | +0.153% | $3K | $110K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0366% | 8h | 0.000005253 | +0.119% | $35K | $25K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0402% | 8h | 0.000005250 | +0.058% | $50.7M | $653.7M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0520% | 8h | 0.000005246 | −0.018% | $4.6M | $27.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0618% | 8h | 0.000005249 | +0.049% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005251 | +0.077% | $767K | $35.5M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0704% | 1h | 0.000005248 | +0.020% | $74K | $126K | 25x | as long as short |
| BingX 1000PEPE-USDTshort | +0.0729% | 8h | 0.000005252 | +0.091% | — | $263.3M | — | |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005273 | +0.496% | $149K | — | 3x | as long as short |
| SoDEX 1000PEPE-USD | +0.0769% | 1h | 0.000005246 | −0.018% | $2K | $10K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0775% | 8h | 0.000005250 | +0.060% | $100.8M | $294.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0781% | 8h | 0.000005249 | +0.043% | $150.9M | $1.28B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005247 | +0.007% | $557K | $226K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0796% | 8h | 0.000005259 | +0.231% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0808% | 1h | 0.000005251 | +0.077% | $643K | $8.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0847% / S −0.1723% | 1h | 0.000005000 | −4.707% | $64K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0855% | 1h | 0.000005267 | +0.382% | $179K | $746K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0899% | 8h | 0.000005251 | +0.071% | $1.9M | $9.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0931% | 1h | 0.000005256 | +0.166% | $184K | $909K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1120% | 1h | 0.000005263 | +0.300% | $84K | $715K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.1128% | 1h | 0.000005267 | +0.382% | $635 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1242% | 1h | 0.000005244 | −0.056% | $4.8M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1559% | 1h | 0.000005259 | +0.230% | $57.1M | $143.3M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
Aevo 1000PEPE-PERP
SoDEX 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE