Funding you earn now, next payment 05:00 UTC−0.0743%/8h= −81.3% APRnext payment −$0.93 per $10,000 · paid last 24h −0.058%
Price spread now: Pacifica against ApeX Omni−0.305%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.305%, 7d avg +0.018%
=Together, before fees+0.175%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Pacifica is 0.322% cheaper against ApeX Omni than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.93 per $10,000. 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 | ApeX Omni 1000PEPEUSDT | 0.000005254 | 0.0843 | pay 0.0105% / 1h | 22m 55s | $161K | $808K | 25x |
| Short | Pacifica kPEPE | 0.000005238 | 0.0100 | get 0.0013% / 1h | 22m 55s | $66K | $162K | 10x |
ApeX Omni 1000PEPEUSDT
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against ApeX Omni. 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
- −$155.97
- Price spread: −0.305% → +0.018%
- −$32.21
- Slippage, 4 orders
- −$42.13
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$248.31
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 31 min ago; Pacifica: live order book, 30 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 ApeX Omni live order book, 31 min ago | 4.06 bp | 12.3 bp −$12 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 30 min ago | 7.49 bp | 20.1 bp −$20 | doesn't fit | 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 | 0.000005232 | −0.418% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005232 | −0.417% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +1.389% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005238 | −0.305% | $66K | $162K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005209 | −0.853% | $106.4M | $381.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005224 | −0.571% | $172.7M | $88.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005237 | −0.318% | $26.0M | $68.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005215 | −0.751% | $677K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005260 | +0.112% | $29K | $533K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005246 | −0.156% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | 0.000005241 | −0.257% | $588K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005237 | −0.319% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0303% | 8h | 0.000005232 | −0.417% | $50.8M | $190.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0396% | 8h | 0.000005244 | −0.187% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0434% | 8h | 0.000005215 | −0.742% | $50.4M | $674.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0455% | 8h | 0.000005239 | −0.282% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0503% | 1h | 0.000005243 | −0.209% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0562% | 8h | 0.000005240 | −0.266% | $4.9M | $28.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0644% | 8h | 0.000005241 | −0.238% | $2.5M | $7.6M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005245 | −0.171% | $723K | $36.4M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0761% | 8h | 0.000005220 | −0.653% | — | $235.6M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005235 | −0.362% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0801% | 8h | 0.000005232 | −0.415% | $100.2M | $295.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0804% | 8h | 0.000005224 | −0.573% | $152.2M | $1.33B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005229 | −0.477% | $553K | $231K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0843% | 1h | 0.000005254 | long leg | $161K | $808K | 25x | |
| Nado kPEPE-PERP | +0.0875% | 1h | 0.000005236 | −0.344% | $188K | $916K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0909% | 8h | 0.000005230 | −0.452% | $1.8M | $10.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0962% / S −0.1923% | 1h | 0.000005000 | −4.834% | $64K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0992% | 1h | 0.000005243 | −0.209% | $632 | $3K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1087% | 1h | 0.000005241 | −0.247% | $75K | $126K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1163% | 1h | 0.000005243 | −0.211% | $68K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1232% | 1h | 0.000005246 | −0.152% | $634K | $8.8M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1558% | 1h | 0.000005239 | −0.287% | $4.8M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1577% | 1h | 0.000005245 | −0.171% | $57.1M | $145.8M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE