Funding you earn now, next payment 00:00 UTC+0.0524%/8h= +57.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.045%
Price spread now: Aevo against Pacifica+0.063%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,164as in the Price arb table
costs, in and out, $10k−$1,17111.712% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.063%, 7d avg −0.012%
=Together, before fees+0.103%+ Points / potential airdropPacifica: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aevo is 0.075% dearer against Pacifica than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.66 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 | Pacifica kPEPE | 0.000004764 | 0.0100 | pay 0.0013% / 1h | 30m 12s | $59K | $116K | 10x |
| Short | Aevo 1000PEPE-PERP | 0.000004767 | 0.0624 | get 0.0078% / 1h | 30m 12s | $135K | — | 3x |
Pacifica kPEPE
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Pacifica. 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
- $110.04
- Price spread: +0.063% → −0.012%
- $7.52
- Slippage, 4 orders
- −$1,147.17
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$1,053.61
- Costs to cover
- 11.712%
- Break-even
- 74.0 days
Slippage from Pacifica: live order book, 47 min ago; Aevo: live order book, 48 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 Pacifica live order book, 47 min ago | 5.23 bp | 11.2 bp −$11 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 48 min ago | 275.11 bp | 584.0 bp −$584 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0146% | 1h | 0.000004757 | −0.147% | $66.2M | $92.9M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004759 | −0.096% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004760 | −0.080% | $13K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004765 | +0.018% | $3.8M | $13.7M | 50x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000004764 | long leg | $59K | $116K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004765 | +0.029% | $85.7M | $289.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004761 | −0.063% | $149.5M | $64.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004764 | +0.010% | $24.3M | $54.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004766 | +0.034% | $42.1M | $150.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004765 | +0.020% | $583K | $4.1M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004771 | +0.146% | $26K | $351K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004769 | +0.105% | $99K | $761K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004773 | +0.189% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004767 | +0.063% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004762 | −0.050% | $539K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0104% | 1h | 0.000004770 | +0.126% | $600K | $6.4M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0184% | 8h | 0.000004766 | +0.051% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004762 | −0.034% | $7K | — | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0193% | 8h | 0.000004769 | +0.099% | $2.3M | $6.4M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0205% | 8h | 0.000004769 | +0.105% | $41.5M | $495.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0256% | 1h | 0.000004766 | +0.042% | $546 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004765 | +0.021% | $3.9M | $22.2M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0378% / S −0.0339% | 1h | 0.000004000 | −16.037% | $47K | — | 100x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0380% | 1h | 0.000004766 | +0.042% | $77K | $98K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0392% | 8h | 0.000004767 | +0.057% | $30K | $12K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004768 | +0.084% | $569K | $25.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004775 | +0.231% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0525% | 1h | 0.000004764 | −0.010% | $90K | $601K | 15x | as long as short |
| BingX 1000PEPE-USDT | +0.0602% | 8h | 0.000004765 | +0.027% | — | $256.8M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0621% | 8h | 0.000004768 | +0.084% | $130.7M | $1.06B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0622% | 8h | 0.000004766 | +0.036% | $1.5M | $7.3M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0624% | 1h | 0.000004765 | +0.013% | $524K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0624% | 8h | 0.000004767 | +0.065% | $91.5M | $281.0M | 300x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0624% | 1h | 0.000004767 | +0.063% | $135K | — | 3x | |
| Nado kPEPE-PERP | +0.0694% | 1h | 0.000004763 | −0.019% | $182K | $849K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Nado kPEPE-PERP