Funding you earn now, next payment 00:00 UTC−0.0755%/8h= −82.7% APRpaid last 24h +0.015%
Price spread now: edgeX against MEXC+0.597%68s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as 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−$140.139% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 3 days (all we have)−0.514%−$51 · spread now +0.597%, 7d avg −0.053%
=Together, before fees−0.456%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.651% dearer against MEXC than usual: you sell high and buy low (spread +0.597% now, against its 7-day average of −0.053%): +$65 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you. The two prices were read 68 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 0.058% in total (about 3.0% 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 | MEXC PEPE_USDT | 0.000004829 | 0.0855 | pay 0.0855% / 8h | 2h 20m | $91.0M | $290.9M | 300x |
| Short | edgeX 1000PEPEUSDC | 0.000004858 | 0.0100 | get 0.0050% / 4h | 2h 20m | $27K | $338K | 20x |
MEXC PEPE_USDT
edgeX 1000PEPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$158.55
- Price spread: +0.597% → −0.053%
- $65.07
- Slippage, 4 orders
- −$4.93
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$107.41
- Costs to cover
- 0.139%
- Break-even
- from the start
Slippage from MEXC: live order book, 4 min ago; edgeX: 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 MEXC live order book, 4 min ago | 0.21 bp | 0.8 bp −$1 | 13.9 bp −$139 | 49.0 bp −$4,896 | 75.6 bp −$37.8K |
| Sell edgeX live order book, 3 min ago | 0.93 bp | 5.9 bp −$6 | 112.6 bp −$1,126 | 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 | 0.000004828 | −0.020% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004824 | −0.104% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004830 | +0.017% | $57.9M | $71.4M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004835 | +0.120% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004828 | −0.021% | $88.0M | $274.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004830 | +0.017% | $151.0M | $62.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004827 | −0.050% | $25.1M | $53.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004837 | +0.168% | $705K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000004858 | +0.597% | $27K | $338K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004854 | +0.518% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
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 | 0.000004852 | +0.470% | $559K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0152% | 8h | 0.000004831 | +0.037% | $41.4M | $487.9M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0180% | 8h | 0.000004829 | −0.010% | $42.7M | $152.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004831 | +0.027% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0271% | 8h | 0.000004842 | +0.265% | $3.8M | $21.9M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −17.171% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0399% | 8h | 0.000004844 | +0.315% | $30K | $11K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0456% | 8h | 0.000004836 | +0.135% | $2.3M | $6.4M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004841 | +0.244% | $580K | $25.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0487% | 8h | 0.000004829 | +0.004% | $5K | $16 | 20x | as long as short |
| Lighter 1000PEPE | +0.0504% | 1h | 0.000004837 | +0.162% | $615K | $5.2M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004861 | +0.658% | $4K | $110K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0668% | 1h | 0.000004835 | +0.110% | $93K | $623K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0714% | 1h | 0.000004834 | +0.099% | $189K | $848K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0757% | 1h | 0.000004837 | +0.167% | $3.9M | $13.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0784% | 1h | 0.000004841 | +0.244% | $82K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0784% | 8h | 0.000004834 | +0.108% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0811% | 1h | 0.000004838 | +0.182% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0840% | 1h | 0.000004860 | +0.638% | $101K | $761K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0848% | 1h | 0.000004844 | +0.306% | $137K | — | 3x | as long as short |
| MEXC PEPE_USDTlong | +0.0855% | 8h | 0.000004829 | long leg | $91.0M | $290.9M | 300x | |
| Binance 1000PEPEUSDT | +0.0855% | 8h | 0.000004836 | +0.131% | $128.7M | $1.02B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0856% | 1h | 0.000004832 | +0.064% | $532K | $147K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0896% | 8h | 0.000004831 | +0.043% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000004842 | +0.265% | $555 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD