Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%
Price spread now: Phemex against ApeX Omni+0.075%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.075%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.047% dearer against ApeX Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni 1000PEPEUSDT | 0.000004926 | 0.0100 | pay 0.0013% / 1h | 3m 19s | $109K | $871K | 25x |
| Short | Phemex u1000PEPEUSDT | 0.000004930 | 0.0100 | get 0.0100% / 8h | 5h 03m | $2.3M | $8.1M | 50x |
ApeX Omni 1000PEPEUSDT
Phemex u1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.075% → +0.028%
- $4.69
- Slippage, 4 orders
- −$39.59
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$56.89
- Costs to cover
- 0.616%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 44 min ago; Phemex: live order book, 4 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, 44 min ago | 6.77 bp | 14.6 bp −$15 | 89.2 bp −$892 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.44 bp | 16.1 bp −$16 | 29.7 bp −$297 | doesn't fit | doesn't fit |
PEPE on 35 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0373% | 1h | 0.000004923 | −0.052% | $4.5M | $16.1M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004920 | −0.114% | $3K | — | 150x | as long as short |
| 01 Exchange kPEPEUSD | +0.0048% | 1h | 0.000004923 | −0.061% | $594 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004928 | +0.041% | $598K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004925 | −0.027% | $139K | $952K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004927 | +0.020% | $50.0M | $155.2M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004923 | −0.061% | $58K | $198K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004921 | −0.097% | $92.4M | $446.2M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004922 | −0.081% | $44.1M | $718.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004924 | −0.041% | $149.3M | $104.5M | 75x | as long as short |
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
01 Exchange kPEPEUSD
Lighter 1000PEPE
Nado kPEPE-PERP
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004927 | +0.010% | $24.6M | $76.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004926 | −0.004% | $43.6M | $233.9M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004924 | −0.043% | $74K | $997K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004923 | −0.057% | $638K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004924 | −0.035% | $26K | $574K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0100% | 1h | 0.000004926 | long leg | $109K | $871K | 25x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004931 | +0.099% | $2K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004924 | −0.041% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004926 | +0.004% | $579K | $4.3M | 75x | as long as short |
| Phemex u1000PEPEUSDTshort | +0.0100% | 8h | 0.000004930 | +0.075% | $2.3M | $8.1M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0107% | 8h | 0.000004924 | −0.040% | $6K | — | 20x | as long as short |
| Extended 1000PEPE-USD | +0.0128% | 1h | 0.000004923 | −0.059% | $517K | $288K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0131% | 8h | 0.000004929 | +0.059% | $99.1M | $299.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0132% | 8h | 0.000004927 | +0.028% | $127.3M | $1.53B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0136% | 1h | 0.000004926 | 0.000% | $139K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0138% | 8h | 0.000004928 | +0.038% | $1.7M | $12.6M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0140% | 8h | 0.000004926 | −0.010% | — | $180.5M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0156% | 1h | 0.000004926 | 0.000% | $61K | $119K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004923 | −0.061% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004922 | −0.081% | $4.2M | $28.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0279% | 8h | 0.000004927 | +0.016% | $32K | $30K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004904 | −0.447% | $3K | $123K | 12x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004928 | +0.041% | $736K | $38.7M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0793% / S −0.0894% | 1h | 0.000004000 | −18.798% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.3476% | 1h | 0.000004925 | −0.026% | $25K | $18K | 10x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Paradex kPEPE-USD-PERP
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
BingX 1000PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD