Funding you earn now, next payment 22:00 UTC+0.0760%/8h= +83.2% APRpaid last 24h +0.060%
Price spread now: Aster against Pacifica−0.180%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.180%, 7d avg +0.050%
=Together, before fees+0.369%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.230% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of +0.050%). If the spread goes back, that is −$23 on $10k: about 24 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.101% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% 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 | Pacifica kPEPE | 0.000004837 | 0.0100 | pay 0.0013% / 1h | 40m 47s | $57K | $109K | 10x |
| Short | Aster 1000PEPEUSDT | 0.000004828 | 0.0860 | get 0.0860% / 8h | 2h 40m | $1.5M | $6.7M | 50x |
Pacifica kPEPE
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $159.65
- Price spread: −0.180% → +0.050%
- −$23
- Slippage, 4 orders
- −$29.04
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $91.61
- Costs to cover
- 0.450%
- Break-even
- 3.0 days
Slippage from Pacifica: live order book, 46 min ago; Aster: 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 Pacifica live order book, 46 min ago | 6.08 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 1.13 bp | 6.8 bp −$7 | 10.4 bp −$104 | 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 | 0.000004831 | −0.115% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004850 | +0.260% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004833 | −0.083% | $56.6M | $69.3M | 10x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000004837 | long leg | $57K | $109K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004832 | −0.108% | $88.2M | $271.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004823 | −0.289% | $147.9M | $60.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004833 | −0.083% | $24.8M | $51.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004899 | +1.272% | $716K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004885 | +0.998% | $27K | $338K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004860 | +0.473% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
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 | 0.000004856 | +0.385% | $551K | $3.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0113% | 8h | 0.000004835 | −0.041% | $41.7M | $490.2M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0169% | 8h | 0.000004830 | −0.151% | $44.2M | $151.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004852 | +0.313% | $7K | — | 15x | as long as short |
| Lighter 1000PEPE | +0.0232% | 1h | 0.000004840 | +0.062% | $597K | $5.1M | 10x | as long as short |
| BloFin PEPE-USDT | +0.0233% | 8h | 0.000004852 | +0.310% | $3.9M | $21.7M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0248% | 1h | 0.000004846 | +0.188% | $102K | $620K | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0319% / S −0.0217% | 1h | 0.000004000 | −17.304% | $53K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0344% | 8h | 0.000004834 | −0.062% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0363% | 8h | 0.000004856 | +0.397% | $30K | $10K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0435% | 8h | 0.000004855 | +0.376% | $2.3M | $6.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004853 | +0.331% | $579K | $25.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0504% | 1h | 0.000004853 | +0.331% | $2K | $9K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004861 | +0.496% | $4K | $92K | 12x | as long as short |
| Nado kPEPE-PERP | +0.0646% | 1h | 0.000004855 | +0.381% | $181K | $866K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0754% | 8h | 0.000004827 | −0.196% | — | $2.3M | — | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0755% | 1h | 0.000004852 | +0.316% | $3.9M | $12.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0781% | 1h | 0.000004852 | +0.310% | $82K | $94K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004871 | +0.703% | $138K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0804% | 8h | 0.000004830 | −0.147% | $90.0M | $288.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0805% | 8h | 0.000004838 | +0.015% | $128.1M | $1.01B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000004828 | −0.177% | $531K | $146K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0859% | 1h | 0.000004884 | +0.972% | $101K | $759K | 25x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0860% | 8h | 0.000004828 | −0.180% | $1.5M | $6.7M | 50x | |
| 01 Exchange kPEPEUSD | +0.1360% | 1h | 0.000004858 | +0.434% | $556 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Lighter 1000PEPE
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD