PEP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCPEPSTOCK_USDT	126.08	+0.1043	pay 0.1043% / 8h	4h 14m	$969K	$101K	20x	Long MEXC
SHORT	BitgetPEPUSDT	126.24	0	0.0000% / 8h	4h 14m	$714K	$16K	20x	Short Bitget

Price gap+0.127%

Funding gap−0.1043% /8h

The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $31 a day and eats that in about 8 hours. At the last 7 days' pace that is about 30 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$62−0.1043% /8h now · paid −0.620% over the last 7D

Price+$11spread +0.127% now, avg +0.018% → +0.109% if it goes back

Costs−$1261.262% of $10k · taker + slippage, in and out

Result−$177−1.77%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.620% in total, about −0.0295%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.127%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEP on 6 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size33.6 / 52.6 bp
At $10k entering Bitget costs 52.6 bp, fee and slippage, 1.6× MEXC’s.
Note: Margin at max leverage$500 + $500
MEXC 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$31.29Long MEXC: 3 payments, −$31.29; short Bitget: 3 payments, $0.00.
OK: Entry gap works for you+0.127% vs +0.018%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$714K vs $969K OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Bitget Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0295%/8h × 21 periods−$61.96

Price spread+0.127% → +0.018% (7d avg)+$10.92

Slippage, 4 orderslive order books−$106.17

Fee MEXC bp × 2 orders−$8.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$177.21

Costs to cover1.262%Break-evennever at this rate

Slippage: MEXC: live order book, 29 min ago; Bitget: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC4.3633.6 bp−$3446.7 bp−$467198.3 bp−$19.8Kdoesn’t fit

SELL · SHORTBitget19.7852.6 bp−$5363.5 bp−$635doesn’t fitdoesn’t fit

Closing costs about the same again.

PEP news

posts that mention PEP or PepsiCo, from every exchangeSearch all news →

10-05 14:49	BingX	Other	📊 BingX TradFi Weekly Watch: Fed minutes, long-bond supply and consumer earnings take the spotlight. FOMC minutes, the 10Y and 30Y Treasury auctions, PepsiCo and Delta earnings, and Michigan sentiment are all in focus this week. Which test are you watching? 👇 @BingXOfficial on X ↗
10-03 11:45	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
10-03 11:40	Backpack	Other	Earnings & macro events to watch for the week of Oct. 5. ▸ Earnings: $PEP $DAL $STZ $LEVI $APLD $PENG ▸ Macro: US ISM Services PMI, FOMC minutes Full market calendar → @Backpack on X ↗
09-24 16:30	Kalshi	Other	JUST IN: PepsiCo is raising prices on some chips, dips and soda @Kalshi on X ↗

PEP