Funding you earn now, next payment 08:00 UTC+0.0426%/8h= +46.7% APRpaid last 24h +0.037%
Price spread now: BloFin against edgeX+0.214%101s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as 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−$270.274% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.214%, 7d avg −0.009%
=Together, before fees+0.102%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.223% dearer against edgeX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 101 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 0.173% in total (about 9.0% 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 | 0.000005261 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $38K | $491K | 20x |
| Short | BloFin PEPE-USDT | 0.000005272 | 0.0526 | get 0.0526% / 8h | 3h 55m | $4.5M | $27.6M | 75x |
edgeX 1000PEPEUSDC
BloFin PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $89.56
- Price spread: +0.214% → −0.009%
- $22.27
- Slippage, 4 orders
- −$6.37
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $84.47
- Costs to cover
- 0.274%
- Break-even
- 0.4 days
Slippage from edgeX: live order book, 63 min ago; BloFin: live order book, 4 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, 63 min ago | 1.09 bp | 5.7 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.90 bp | 7.9 bp −$8 | 11.8 bp −$118 | 36.6 bp −$3,657 | 77.9 bp −$39.0K |
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 | 0.000005265 | +0.073% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005264 | +0.068% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005258 | −0.052% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005274 | +0.252% | $70K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005266 | +0.094% | $102.9M | $366.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005260 | −0.014% | $172.3M | $84.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005262 | +0.030% | $27.2M | $66.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005279 | +0.339% | $747K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005261 | long leg | $38K | $491K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005290 | +0.553% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | 0.000005300 | +0.746% | $619K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005265 | +0.087% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0243% | 8h | 0.000005273 | +0.229% | $48.6M | $183.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0373% | 8h | 0.000005274 | +0.252% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0407% | 8h | 0.000005270 | +0.176% | $51.3M | $660.6M | 50x | as long as short |
| BloFin PEPE-USDTshort | +0.0526% | 8h | 0.000005272 | +0.214% | $4.5M | $27.6M | 75x | |
| Phemex u1000PEPEUSDT | +0.0585% | 8h | 0.000005290 | +0.549% | $2.6M | $7.4M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0697% | 1h | 0.000005286 | +0.480% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005302 | +0.784% | $778K | $35.8M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0742% | 8h | 0.000005265 | +0.077% | — | $2.3M | — | as long as short |
| Lighter 1000PEPE | +0.0744% | 1h | 0.000005274 | +0.252% | $639K | $8.4M | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005268 | +0.132% | $560K | $226K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0787% | 8h | 0.000005268 | +0.148% | $102.3M | $291.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0792% | 8h | 0.000005274 | +0.258% | $153.4M | $1.29B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005274 | +0.252% | $149K | — | 3x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005262 | +0.023% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0865% / S −0.1707% | 1h | 0.000005000 | −4.956% | $64K | — | 100x | as long as short |
| SoDEX 1000PEPE-USD | +0.0879% | 1h | 0.000005294 | +0.632% | $2K | $10K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0913% | 8h | 0.000005273 | +0.228% | $1.9M | $9.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0923% | 1h | 0.000005266 | +0.102% | $186K | $912K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1360% | 1h | 0.000005278 | +0.328% | $637 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1383% | 1h | 0.000005253 | −0.147% | $173K | $798K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1428% | 1h | 0.000005285 | +0.467% | $84K | $715K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1541% | 1h | 0.000005297 | +0.691% | $4.8M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1592% | 1h | 0.000005272 | +0.214% | $57.4M | $143.6M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Lighter 1000PEPE
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USD
Aster 1000PEPEUSDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE