PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.98 per $10,000 · paid last 24h −0.070%

Price spread now: Binance against Aster+0.047%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.047%, 7d avg −0.024%

Together, before fees−0.283%+ Points / potential airdropAster: Stage 5 · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.071% dearer against Aster than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.024%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000005052	0.0621	pay 0.0621% / 8h	6h 21m	$1.7M	$8.2M	50x
Short	Binance 1000PEPEUSDT	0.000005055	0.0523	get 0.0523% / 8h	6h 21m	$142.4M	$1.17B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.047%Rate

Funding earned: −$20.49
Price spread: +0.047% → −0.024%: $7.08
Slippage, 4 orders: −$13.16
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.58
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Binance: live order book, 7 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 Aster live order book, 2 min ago	0.69 bp	7.7 bp −$8	12.8 bp −$128	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.10 bp	7.6 bp −$8	12.7 bp −$127	42.3 bp −$4,229	doesn't fit

PEPE on 34 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	0.000005049	−0.068%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005052	−0.015%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005055	+0.050%	$61K	$125K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005049	−0.072%	$98.1M	$323.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005048	−0.088%	$161.3M	$70.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005056	+0.062%	$25.3M	$60.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005056	+0.064%	$47.0M	$160.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005092	+0.776%	$624K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005086	+0.663%	$34K	$413K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005066	+0.266%	$1K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005063	+0.205%	$568K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005063	+0.215%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0234%	8h	0.000005056	+0.070%	$45.1M	$568.2M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0279%	8h	0.000005055	+0.054%	$33K	$23K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0312%	1h	0.000005063	+0.209%	$106K	$747K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0356%	8h	0.000005059	+0.136%	$2.4M	$7.0M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005066	+0.268%	$728K	$29.7M	50x	as long as short
BingX 1000PEPE-USDT	+0.0497%	8h	0.000005055	+0.050%	—	$259.0M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0513% / S −0.0539%	1h	0.000005000	−1.038%	$56K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0520%	1h	0.000005049	−0.067%	$557K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0520%	1h	0.000005094	+0.822%	$144K	—	3x	as long as short
MEXC PEPE_USDT	+0.0523%	8h	0.000005055	+0.050%	$94.6M	$290.9M	300x	as long as short
Binance 1000PEPEUSDTshort	+0.0523%	8h	0.000005055	+0.047%	$142.4M	$1.17B	75x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0541%	1h	0.000005059	+0.130%	$61K	$114K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0564%	1h	0.000005060	+0.149%	$2K	$12K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0569%	8h	0.000005052	−0.002%	$6K	$16	20x	as long as short
Aster 1000PEPEUSDTlong	+0.0621%	8h	0.000005052	long leg	$1.7M	$8.2M	50x
Nado kPEPE-PERP	+0.0634%	1h	0.000005061	+0.169%	$182K	$881K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0823%	1h	0.000005058	+0.114%	$4.0M	$14.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000005098	+0.902%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0933%	1h	0.000005060	+0.149%	$100K	$617K	15x	as long as short
01 Exchange kPEPEUSD	+0.0960%	1h	0.000005061	+0.169%	$1K	$2K	10x	as long as short
Lighter 1000PEPE	+0.1592%	1h	0.000005065	+0.248%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2189%	1h	0.000005062	+0.189%	$55.8M	$135.9M	10x	as long as short