Funding you earn now, next payment 22:00 UTC+0.0696%/8h= +76.3% APRpaid last 24h −0.015%
Price spread now: Binance against Pacifica+0.044%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.044%, 7d avg +0.012%
=Together, before fees−0.115%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Binance is 0.032% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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 | 0.000004894 | 0.0100 | pay 0.0013% / 1h | 58m 11s | $58K | $108K | 10x |
| Short | Binance 1000PEPEUSDT | 0.000004896 | 0.0796 | get 0.0796% / 8h | 2h 58m | $131.5M | $993.5M | 75x |
Pacifica kPEPE
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $146.25
- Price spread: +0.044% → +0.012%
- $3.15
- Slippage, 4 orders
- −$29.3
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $102.1
- Costs to cover
- 0.473%
- Break-even
- 2.1 days
Slippage from Pacifica: live order book, 29 min ago; Binance: live order book, 16 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, 29 min ago | 6.08 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.31 bp | 9.3 bp −$9 | 14.9 bp −$149 | 38.7 bp −$3,874 | 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 | 0.000004891 | −0.072% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004895 | +0.027% | $15K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004902 | +0.163% | $56.8M | $66.9M | 10x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000004894 | long leg | $58K | $108K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004893 | −0.016% | $88.5M | $268.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004899 | +0.102% | $42.8M | $490.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004899 | +0.102% | $149.5M | $59.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004898 | +0.076% | $25.0M | $49.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004903 | +0.186% | $98K | $588K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004925 | +0.625% | $724K | $3.8M | — | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
KuCoin PEPEUSDTM
Backpack kPEPE_USDC_PERP
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 | 0.000004930 | +0.732% | $28K | $336K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004905 | +0.229% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004898 | +0.082% | $2K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004890 | −0.084% | $563K | $3.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0183% | 8h | 0.000004900 | +0.125% | $46.0M | $141.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004902 | +0.167% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004909 | +0.306% | $4.0M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0310% / S −0.0261% | 1h | 0.000004000 | −18.267% | $48K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0342% | 8h | 0.000004898 | +0.084% | $31K | $10K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0360% | 8h | 0.000004898 | +0.074% | $5K | $26 | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0374% | 1h | 0.000004926 | +0.654% | $102K | $755K | 25x | as long as short |
| Lighter 1000PEPE | +0.0424% | 1h | 0.000004899 | +0.102% | $594K | $4.9M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0441% | 8h | 0.000004891 | −0.069% | $2.4M | $6.2M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004907 | +0.266% | $631K | $25.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0544% | 1h | 0.000004906 | +0.245% | $562 | $2K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004922 | +0.572% | $4K | $92K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0748% | 1h | 0.000004898 | +0.084% | $3.9M | $12.5M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0767% | 8h | 0.000004906 | +0.239% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDTshort | +0.0796% | 8h | 0.000004896 | +0.044% | $131.5M | $993.5M | 75x | |
| MEXC PEPE_USDT | +0.0799% | 8h | 0.000004896 | +0.039% | $125.3M | $278.9M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000004898 | +0.087% | $537K | $146K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004893 | −0.020% | $138K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0868% | 8h | 0.000004902 | +0.163% | $1.5M | $6.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0976% | 1h | 0.000004901 | +0.143% | $79K | $91K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0982% | 1h | 0.000004904 | +0.207% | $193K | $857K | 10x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP