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+0.0483%/8h= +52.9% APRnext payment +$4.83 per $10,000 · paid last 24h +0.098%
Price spread now: Aster against OKX−0.006%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 7 days+0.130%+$13 · spread now −0.006%, 7d avg +0.066%
Together, before fees+0.327%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.072% cheaper against OKX than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.066%). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.198% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEPE-USDT-SWAP0.0000052840.0430pay 0.0430% / 8h3h 31m$51.7M$678.6M50x
ShortAster 1000PEPEUSDT0.0000052840.0914get 0.0914% / 8h3h 31m$1.9M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$101.53
Price spread: −0.006% → +0.066%
−$7.15
Slippage, 4 orders
−$14.74
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$61.63
Costs to cover
0.327%
Break-even
2.8 days
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 2 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 OKX live order book, 3 min ago0.94 bp10.0 bp −$1015.6 bp −$15655.1 bp −$5,506doesn't fit
Sell Aster live order book, 2 min ago1.51 bp8.6 bp −$911.2 bp −$112doesn'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%1h0.000005277−0.131%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005280−0.072%$15K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+0.814%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005288+0.076%$70K$155K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005279−0.091%$107.2M$377.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005281−0.057%$175.0M$87.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005291+0.127%$26.5M$68.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005342+1.089%$763K$5.1Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005324+0.766%$53K$509K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005291+0.134%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005288+0.070%$608K$3.9M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.0000052840.000%$8K15xas long as short
Bitget PEPEUSDT+0.0287%8h0.000005298+0.271%$51.6M$189.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0387%8h0.000005286+0.040%$35K$26K20xas long as short
OKX PEPE-USDT-SWAPlong+0.0430%8h0.000005284long leg$51.7M$678.6M50x
SoDEX 1000PEPE-USD+0.0484%1h0.000005283−0.019%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0562%8h0.000005291+0.132%$4.9M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0646%8h0.000005287+0.061%$2.6M$7.5M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0697%1h0.000005285+0.019%$75K$126K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005295+0.208%$667K$36.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0755%8h0.000005279−0.095%$6K20xas long as short
BingX 1000PEPE-USDT+0.0764%8h0.000005303+0.352%$235.0Mas long as short
MEXC PEPE_USDT+0.0796%8h0.000005279−0.100%$103.1M$294.7M300xas long as short
Binance 1000PEPEUSDT+0.0798%8h0.000005285+0.013%$154.1M$1.32B75xas long as short
Extended 1000PEPE-USD+0.0800%1h0.000005301+0.331%$559K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005282−0.038%$149K3xas long as short
ApeX Omni 1000PEPEUSDT+0.0832%1h0.000005348+1.211%$164K$799K25xas long as short
Nado kPEPE-PERP+0.0867%1h0.000005283−0.022%$190K$916K10xas long as short
Aster 1000PEPEUSDTshort+0.0914%8h0.000005284−0.006%$1.9M$10.2M50x
GMX PEPE/USD [ETH-USDC]L +0.0936% / S −0.1857%1h0.000005000−5.375%$65K100xas long as short
01 Exchange kPEPEUSD+0.1040%1h0.000005283−0.019%$637$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1228%1h0.000005279−0.097%$69K$723K15xas long as short
Lighter 1000PEPE+0.1264%1h0.000005293+0.170%$698K$8.7M10xas long as short
Kraken Futures PF_PEPEUSD+0.1548%1h0.000005276−0.152%$4.9M$16.4M50xas long as short
Hyperliquid kPEPE+0.1643%1h0.000005294+0.189%$57.9M$145.1M10xas long as short