Funding you earn now, next payment 00:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.018%
Price spread now: BloFin against Pacifica+0.104%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.104%, 7d avg −0.016%
=Together, before fees+0.132%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.120% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica kPEPE | 0.000004797 | 0.0100 | pay 0.0013% / 1h | 56m 37s | $59K | $114K | 10x |
| Short | BloFin PEPE-USDT | 0.000004802 | 0.0342 | get 0.0342% / 8h | 56m 37s | $3.9M | $22.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.82
- Price spread: +0.104% → −0.016%
- $12.04
- Slippage, 4 orders
- −$25.29
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $17.57
- Costs to cover
- 0.453%
- Break-even
- 4.6 days
Slippage from Pacifica: live order book, 21 min ago; BloFin: live order book, 2 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, 21 min ago | 5.23 bp | 11.2 bp −$11 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.07 bp | 10.4 bp −$10 | 13.5 bp −$135 | 29.3 bp −$2,929 | 103.7 bp −$51.9K |
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 | −0.0086% | 1h | 0.000004793 | −0.083% | $65.0M | $86.3M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004793 | −0.077% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004797 | +0.004% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004798 | +0.025% | $3.9M | $13.4M | 50x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000004797 | long leg | $59K | $114K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004790 | −0.140% | $86.6M | $286.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004796 | −0.021% | $150.6M | $63.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004798 | +0.021% | $24.7M | $54.2M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004798 | +0.025% | $42.3M | $149.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004783 | −0.295% | $548K | $4.0M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004795 | −0.045% | $28K | $344K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004808 | +0.221% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004801 | +0.083% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004799 | +0.050% | $543K | $3.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004804 | +0.141% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0221% | 8h | 0.000004799 | +0.042% | $41.4M | $495.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0230% | 8h | 0.000004796 | −0.026% | $5K | $16 | 20x | as long as short |
| 01 Exchange kPEPEUSD | +0.0264% | 1h | 0.000004794 | −0.063% | $549 | $2K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0285% | 8h | 0.000004801 | +0.083% | $2.3M | $6.4M | 50x | as long as short |
| BloFin PEPE-USDTshort | +0.0342% | 8h | 0.000004802 | +0.104% | $3.9M | $22.3M | 75x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0345% / S −0.0379% | 1h | 0.000004000 | −16.615% | $42K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004803 | +0.125% | $565K | $25.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0403% | 1h | 0.000004789 | −0.167% | $101K | $760K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004808 | +0.229% | $4K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0443% | 8h | 0.000004801 | +0.079% | $29K | $11K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0571% | 1h | 0.000004801 | +0.077% | $91K | $617K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0584% | 1h | 0.000004801 | +0.083% | $81K | $94K | 25x | as long as short |
| Lighter 1000PEPE | +0.0584% | 1h | 0.000004797 | 0.000% | $697K | $6.1M | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0699% | 8h | 0.000004800 | +0.063% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0712% | 8h | 0.000004794 | −0.058% | $131.2M | $1.05B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0716% | 8h | 0.000004799 | +0.040% | $92.7M | $277.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0720% | 1h | 0.000004796 | −0.019% | $529K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000004803 | +0.125% | $136K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0722% | 8h | 0.000004799 | +0.036% | $1.5M | $7.2M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0915% | 1h | 0.000004796 | −0.027% | $184K | $845K | 10x | as long as short |
Pacifica kPEPE
BloFin PEPE-USDT
Hyperliquid kPEPE
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Lighter 1000PEPE
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT