Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0649%/8h= −71.1% APRpaid last 24h −0.036%
Price spread now: Pacifica against MEXC+0.093%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.093%, 7d avg −0.029%
Together, before fees−0.201%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.122% dearer against MEXC than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.029%): +$12 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEPE_USDT0.0000052470.0749pay 0.0749% / 8h42m 46s$102.0M$304.8M300x
ShortPacifica kPEPE0.0000052520.0100get 0.0013% / 1h42m 46s$61K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$136.29
Price spread: +0.093% → −0.029%
$12.24
Slippage, 4 orders
−$25.24
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$157.29
Costs to cover
0.332%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Pacifica: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.19 bp1.4 bp −$115.3 bp −$15349.2 bp −$4,91785.8 bp −$42.9K
Sell Pacifica live order book, 60 min ago6.80 bp12.6 bp −$1319.3 bp −$193doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005247+0.007%$20K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005241−0.120%$4K150xas long as short
Pacifica kPEPEshort+0.0100%1h0.000005252+0.093%$61K$182K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005250+0.055%$102.1M$425.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005231−0.307%$164.9M$98.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005200−0.888%$651K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005205−0.802%$29K$546K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005259+0.221%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005255+0.152%$611K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0123%8h0.000005242−0.093%$27.2M$73.3M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni 1000PEPEUSDT+0.0151%1h0.000005222−0.478%$152K$832K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005248+0.025%$8K15xas long as short
Bitget PEPEUSDT+0.0275%8h0.000005237−0.194%$47.0M$218.8M75xas long as short
OKX PEPE-USDT-SWAP+0.0384%8h0.000005238−0.173%$48.2M$754.9M50xas long as short
SoDEX 1000PEPE-USD+0.0404%1h0.000005246−0.021%$2K$11K10xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005203−0.840%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0408%8h0.000005248+0.017%$35K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0503%8h0.000005240−0.136%$6K20xas long as short
BloFin PEPE-USDT+0.0505%8h0.000005245−0.040%$4.5M$30.6M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0513%1h0.000005249+0.036%$75K$127K25xas long as short
Phemex u1000PEPEUSDT+0.0513%8h0.000005247−0.008%$2.4M$8.1M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005250+0.055%$695K$40.0M50xas long as short
Backpack kPEPE_USDC_PERP+0.0561%1h0.000005243−0.086%$76K$870K15xas long as short
Nado kPEPE-PERP+0.0617%1h0.000005246−0.030%$169K$955K10xas long as short
Lighter 1000PEPE+0.0648%1h0.000005259+0.227%$625K$9.0M10xas long as short
Kraken Futures PF_PEPEUSD+0.0700%1h0.000005243−0.084%$4.8M$16.7M50xas long as short
BingX 1000PEPE-USDT+0.0712%8h0.000005239−0.151%$218.5Mas long as short
01 Exchange kPEPEUSD+0.0728%1h0.000005249+0.036%$633$2K10xas long as short
Aster 1000PEPEUSDT+0.0739%8h0.000005256+0.175%$1.8M$11.7M50xas long as short
MEXC PEPE_USDTlong+0.0749%8h0.000005247long leg$102.0M$304.8M300x
Binance 1000PEPEUSDT+0.0750%8h0.000005254+0.136%$144.1M$1.49B75xas long as short
Extended 1000PEPE-USD+0.0752%1h0.000005235−0.228%$550K$284K25xas long as short
Aevo 1000PEPE-PERP+0.0752%1h0.000005258+0.208%$149K3xas long as short
Hyperliquid kPEPE+0.0992%1h0.000005250+0.055%$54.6M$157.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1136% / S −0.2351%1h0.000005000−4.709%$65K100xas long as short