Funding you earn now, next payment 08:00 UTC+0.0690%/8h= +75.6% APRnext payment +$6.90 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against Gate+0.054%7-day average +0.055% · 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−$34as in the Price arb table
costs, in and out, $10k−$330.334% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.054%, 7d avg +0.055%
=The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$21 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 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.90 per $10,000. 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 | Gate PEPE_USDT | 0.000005023 | 0.0100 | pay 0.0100% / 8h | 2h 23m | $161.1M | $94.2M | 75x |
| Short | MEXC PEPE_USDT | 0.000005026 | 0.0790 | get 0.0790% / 8h | 2h 23m | $95.9M | $302.1M | 300x |
Gate PEPE_USDT
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $144.9
- Price spread: +0.054% → +0.055%
- −$0.11
- Slippage, 4 orders
- −$18.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $111.34
- Costs to cover
- 0.334%
- Break-even
- 1.6 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 5 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 Gate live order book, 5 min ago | 2.01 bp | 15.6 bp −$16 | 21.4 bp −$214 | 73.6 bp −$7,362 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.10 bp | 2.4 bp −$2 | 16.2 bp −$162 | 49.4 bp −$4,941 | 76.1 bp −$38.1K |
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 | 0.000005024 | +0.030% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000005026 | +0.062% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005027 | +0.080% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005019 | −0.084% | $98.3M | $405.4M | 50x | as long as short |
| Gate PEPE_USDTlong | +0.0100% | 8h | 0.000005023 | long leg | $161.1M | $94.2M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005024 | +0.010% | $24.9M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005002 | −0.425% | $598K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004994 | −0.578% | $27K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005039 | +0.317% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005031 | +0.157% | $563K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
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 | 0.000005032 | +0.180% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0213% | 1h | 0.000005034 | +0.219% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0333% | 8h | 0.000005019 | −0.082% | $45.1M | $210.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0397% | 8h | 0.000005032 | +0.185% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0423% | 8h | 0.000005025 | +0.040% | $46.6M | $687.7M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005022 | −0.020% | $4.4M | $28.0M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0560% | 8h | 0.000005029 | +0.122% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0631% | 8h | 0.000005030 | +0.145% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0641% | 1h | 0.000005033 | +0.201% | $73K | $831K | 15x | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000005033 | +0.199% | $597K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005026 | +0.060% | $606 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005036 | +0.259% | $645K | $37.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0689% | 1h | 0.000005000 | −0.458% | $154K | $813K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0710% | 1h | 0.000005032 | +0.185% | $165K | $943K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0756% | 8h | 0.000005025 | +0.042% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDTshort | +0.0790% | 8h | 0.000005026 | +0.054% | $95.9M | $302.1M | 300x | |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005021 | −0.037% | $530K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005035 | +0.239% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0793% | 8h | 0.000005035 | +0.237% | $141.2M | $1.41B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0840% | 8h | 0.000005032 | +0.189% | $1.8M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0849% | 1h | 0.000005031 | +0.158% | $4.6M | $16.7M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0944% | 1h | 0.000005031 | +0.159% | $72K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0988% | 1h | 0.000005029 | +0.119% | $53.0M | $152.2M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1129% / S −0.2171% | 1h | 0.000005000 | −0.458% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004992 | −0.617% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP