PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.071%

Price spread now: MEXC against Aster+0.162%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Aster Short on MEXC

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−0.235%−$23 · spread now +0.162%, 7d avg −0.017%

Together, before fees−0.392%+ Points / potential airdropAster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.179% dearer against Aster than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.017%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000005008	0.0738	pay 0.0738% / 8h	5h 06m	$1.8M	$9.2M	50x
Short	MEXC PEPE_USDT	0.000005016	0.0642	get 0.0642% / 8h	5h 06m	$94.4M	$290.7M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.162%Rate

Funding earned: −$20.09
Price spread: +0.162% → −0.017%: $17.9
Slippage, 4 orders: −$13.02
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$23.21
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; MEXC: live order book, 3 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	2.00 bp	10.4 bp −$10	18.0 bp −$180	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.50 bp	1.5 bp −$2	21.1 bp −$211	52.2 bp −$5,218	79.3 bp −$39.7K

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	0.000005002	−0.133%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005007	−0.030%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005007	−0.024%	$63K	$139K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005009	+0.016%	$97.6M	$341.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005007	−0.024%	$164.4M	$75.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005010	+0.038%	$25.8M	$63.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005020	+0.226%	$681K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005010	+0.042%	$27K	$444K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005024	+0.305%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005016	+0.164%	$571K	$3.6M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0138%	8h	0.000005005	−0.066%	$45.8M	$173.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005013	+0.103%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0319%	8h	0.000005019	+0.223%	$33K	$24K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0348%	8h	0.000005013	+0.096%	$45.5M	$586.8M	50x	as long as short
BloFin PEPE-USDT	+0.0469%	8h	0.000005018	+0.195%	$4.3M	$25.1M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0502%	1h	0.000005015	+0.136%	$2K	$12K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0530%	1h	0.000005007	−0.024%	$99K	$750K	25x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0548%	1h	0.000005015	+0.136%	$71K	$124K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005023	+0.295%	$943K	$31.5M	50x	as long as short
BingX 1000PEPE-USDT	+0.0611%	8h	0.000005013	+0.094%	—	$261.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0639% / S −0.1027%	1h	0.000005000	−0.164%	$49K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	0.000005004	−0.081%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0640%	1h	0.000005008	−0.004%	$142K	—	3x	as long as short
MEXC PEPE_USDTshort	+0.0642%	8h	0.000005016	+0.162%	$94.4M	$290.7M	300x
Binance 1000PEPEUSDT	+0.0647%	8h	0.000005013	+0.100%	$140.4M	$1.21B	75x	as long as short
Aster 1000PEPEUSDTlong	+0.0738%	8h	0.000005008	long leg	$1.8M	$9.2M	50x
Phemex u1000PEPEUSDT	+0.0741%	8h	0.000005018	+0.195%	$2.4M	$7.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0784%	8h	0.000005009	+0.017%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0786%	1h	0.000005011	+0.056%	$185K	$871K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0953%	1h	0.000005014	+0.120%	$93K	$631K	15x	as long as short
01 Exchange kPEPEUSD	+0.0960%	1h	0.000005014	+0.116%	$605	$3K	10x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005011	+0.056%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1176%	1h	0.000005010	+0.036%	$663K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1388%	1h	0.000005011	+0.061%	$4.3M	$15.3M	50x	as long as short
Hyperliquid kPEPE	+0.1565%	1h	0.000005020	+0.235%	$53.6M	$139.6M	10x	as long as short