Funding you earn now, next payment 00:00 UTC−0.0366%/8h= −40.1% APRpaid last 24h −0.056%
Price spread now: OKX against Extended+0.036%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.036%, 7d avg +0.019%
=Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% 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 | Extended 1000PEPE-USD | 0.000004768 | 0.0560 | pay 0.0070% / 1h | 1m 43s | $524K | $148K | 25x |
| Short | OKX PEPE-USDT-SWAP | 0.000004770 | 0.0194 | get 0.0194% / 8h | 1m 43s | $42.5M | $500.8M | 50x |
Extended 1000PEPE-USD
OKX PEPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$76.88
- Price spread: +0.036% → +0.019%
- $1.65
- Slippage, 4 orders
- −$14.85
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.07
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Extended: live order book, 11 min ago; OKX: live order book, 2 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 Extended live order book, 11 min ago | 3.17 bp | 7.8 bp −$8 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.05 bp | 6.0 bp −$6 | 9.6 bp −$96 | 31.3 bp −$3,128 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0332% | 1h | 0.000004763 | −0.111% | $69.3M | $99.8M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004765 | −0.063% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004766 | −0.046% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004770 | +0.036% | $3.9M | $13.9M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004768 | −0.006% | $56K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004766 | −0.048% | $87.3M | $295.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004766 | −0.048% | $151.1M | $65.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004768 | 0.000% | $24.4M | $54.9M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004769 | +0.006% | $42.1M | $151.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004725 | −0.911% | $544K | $4.2M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004725 | −0.913% | $25K | $351K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004740 | −0.593% | $99K | $755K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004778 | +0.195% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004772 | +0.078% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004767 | −0.025% | $539K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0158% | 8h | 0.000004770 | +0.025% | $2.3M | $6.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0180% | 8h | 0.000004769 | +0.013% | $5K | $16 | 20x | as long as short |
| Lighter 1000PEPE | +0.0184% | 1h | 0.000004771 | +0.057% | $576K | $6.6M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004771 | +0.056% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAPshort | +0.0194% | 8h | 0.000004770 | +0.036% | $42.5M | $500.8M | 50x | |
| BloFin PEPE-USDT | +0.0315% | 8h | 0.000004763 | −0.111% | $3.9M | $22.5M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0320% | 1h | 0.000004771 | +0.057% | $547 | $2K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0343% | 8h | 0.000004771 | +0.057% | $29K | $13K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0396% / S −0.0435% | 1h | 0.000004000 | −16.113% | $43K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004771 | +0.057% | $559K | $25.7M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004746 | −0.468% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0537% | 1h | 0.000004772 | +0.078% | $93K | $603K | 15x | as long as short |
| BingX 1000PEPE-USDC | +0.0548% | 8h | 0.000004769 | +0.013% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0553% | 8h | 0.000004774 | +0.114% | $1.5M | $7.3M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0555% | 8h | 0.000004769 | +0.013% | $134.1M | $1.07B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0558% | 8h | 0.000004771 | +0.046% | $90.6M | $283.9M | 300x | as long as short |
| Extended 1000PEPE-USDlong | +0.0560% | 1h | 0.000004768 | long leg | $524K | $148K | 25x | |
| Aevo 1000PEPE-PERP | +0.0560% | 1h | 0.000004771 | +0.057% | $135K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0583% | 1h | 0.000004771 | +0.051% | $180K | $849K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0799% | 1h | 0.000004771 | +0.057% | $77K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Reya kPEPERUSDPERP
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Orderly PERP_1000PEPE_USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL