Funding you earn now, next payment 06:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h 0.000%
Price spread now: Bitget against Pacifica−0.381%52s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 4 days (all we have)+0.476%+$48 · spread now −0.381%, 7d avg +0.008%
=Together, before fees+0.391%+ Points / potential airdropPacifica: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.389% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.381% now, against its 7-day average of +0.008%). If the spread goes back, that is −$39 on $10k: about 5.3 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | 0.000005043 | 0.0100 | pay 0.0013% / 1h | 43m 43s | $59K | $176K | 10x |
| Short | Bitget PEPEUSDT | 0.000005024 | 0.0344 | get 0.0344% / 8h | 2h 43m | $45.3M | $209.1M | 75x |
Pacifica kPEPE
Bitget PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $51.24
- Price spread: −0.381% → +0.008%
- −$38.88
- Slippage, 4 orders
- −$18.12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.75
- Costs to cover
- 0.381%
- Break-even
- 10.5 days
Slippage from Pacifica: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 4.97 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.10 bp | 7.6 bp −$8 | 12.7 bp −$127 | 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 | 0.000005039 | −0.086% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005041 | −0.046% | $3K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005043 | long leg | $59K | $176K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005021 | −0.436% | $98.8M | $401.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005029 | −0.278% | $162.6M | $93.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005028 | −0.303% | $25.2M | $70.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005051 | +0.151% | $595K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005030 | −0.254% | $28K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005046 | +0.054% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005049 | +0.125% | $567K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005057 | +0.273% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0259% | 1h | 0.000005040 | −0.059% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDTshort | +0.0344% | 8h | 0.000005024 | −0.381% | $45.3M | $209.1M | 75x | |
| Orderly PERP_1000PEPE_USDC | +0.0411% | 8h | 0.000005043 | −0.008% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0419% | 8h | 0.000005027 | −0.317% | $46.5M | $681.5M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0537% | 8h | 0.000005042 | −0.020% | $4.5M | $28.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0544% | 1h | 0.000005042 | −0.020% | $72K | $127K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0552% | 8h | 0.000005048 | +0.090% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0641% | 8h | 0.000005030 | −0.264% | $2.4M | $7.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005048 | +0.099% | $609 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005056 | +0.258% | $629K | $37.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0707% | 1h | 0.000005030 | −0.264% | $73K | $828K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0766% | 1h | 0.000005053 | +0.197% | $167K | $942K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0769% | 8h | 0.000005024 | −0.381% | — | $238.4M | — | as long as short |
| Lighter 1000PEPE | +0.0784% | 1h | 0.000005031 | −0.238% | $599K | $9.0M | 10x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005044 | +0.020% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005030 | −0.262% | $97.7M | $299.5M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005027 | −0.315% | $533K | $277K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0811% | 8h | 0.000005025 | −0.363% | $141.9M | $1.40B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0848% | 1h | 0.000005038 | −0.091% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0874% | 8h | 0.000005027 | −0.321% | $1.8M | $11.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0935% | 1h | 0.000005027 | −0.317% | $154K | $813K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1070% / S −0.1988% | 1h | 0.000005000 | −0.853% | $64K | — | 100x | as long as short |
| Hyperliquid kPEPE | +0.1124% | 1h | 0.000005029 | −0.278% | $53.4M | $150.8M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | −0.178% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Lighter 1000PEPE
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Hyperliquid kPEPE
Injective PEPE/USDC PERP