Funding you earn now, next payment 09:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.025%
Price spread now: ApeX Omni against MEXC−0.082%66s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as 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−$280.278% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.082%, 7d avg −0.043%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and ApeX Omni is 0.039% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 66 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 -0.007% in total (about -0.3% 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 | MEXC PEPE_USDT | 0.000005132 | 0.0676 | pay 0.0676% / 8h | 7h 46m | $101.0M | $306.4M | 300x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005128 | 0.0360 | get 0.0045% / 1h | 46m 25s | $149K | $835K | 25x |
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against MEXC. 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
- −$66.33
- Price spread: −0.082% → −0.043%
- −$3.9
- Slippage, 4 orders
- −$17.75
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$97.98
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; ApeX Omni: live order book, 52 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 MEXC live order book, 3 min ago | 0.10 bp | 1.3 bp −$1 | 14.0 bp −$140 | 46.5 bp −$4,647 | 80.7 bp −$40.3K |
| Sell ApeX Omni live order book, 52 min ago | 5.32 bp | 12.3 bp −$12 | 104.5 bp −$1,045 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005136 | +0.067% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005126 | −0.125% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005144 | +0.230% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005127 | −0.109% | $98.8M | $435.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005126 | −0.121% | $162.9M | $99.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005142 | +0.184% | $636K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005131 | −0.027% | $28K | $550K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005160 | +0.540% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005154 | +0.423% | $603K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0109% | 8h | 0.000005148 | +0.312% | $2.4M | $8.1M | 50x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005135 | +0.055% | $8K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0159% | 8h | 0.000005132 | −0.002% | $26.8M | $74.7M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0175% | 1h | 0.000005149 | +0.327% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005127 | −0.107% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0221% | 8h | 0.000005127 | −0.092% | $46.1M | $222.1M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0333% | 1h | 0.000005149 | +0.327% | $73K | $128K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0340% | 8h | 0.000005128 | −0.082% | $47.2M | $749.6M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0360% | 1h | 0.000005128 | −0.082% | $149K | $835K | 25x | |
| Paradex kPEPE-USD-PERP | +0.0425% | 8h | 0.000005139 | +0.139% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0432% | 8h | 0.000005131 | −0.031% | $34K | $26K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0461% | 8h | 0.000005148 | +0.308% | $4.5M | $30.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0491% | 1h | 0.000005147 | +0.286% | $77K | $895K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005155 | +0.444% | $672K | $40.1M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0557% | 1h | 0.000005132 | −0.004% | $53.1M | $160.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0568% | 1h | 0.000005147 | +0.288% | $621 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0616% | 1h | 0.000005145 | +0.242% | $4.8M | $16.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0629% | 1h | 0.000005131 | −0.019% | $165K | $965K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0648% | 8h | 0.000005128 | −0.076% | — | $2.3M | — | as long as short |
| Lighter 1000PEPE | +0.0664% | 1h | 0.000005146 | +0.269% | $623K | $9.0M | 10x | as long as short |
| MEXC PEPE_USDTlong | +0.0676% | 8h | 0.000005132 | long leg | $101.0M | $306.4M | 300x | |
| Binance 1000PEPEUSDT | +0.0679% | 8h | 0.000005133 | +0.021% | $141.8M | $1.51B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000005140 | +0.159% | $539K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005129 | −0.062% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0696% | 8h | 0.000005133 | +0.011% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1019% / S −0.1149% | 1h | 0.000005000 | −2.576% | $51K | — | 100x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Hyperliquid kPEPE
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Lighter 1000PEPE
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]