Funding you earn now, next payment 16:00 UTC+0.0426%/8h= +46.6% APRnext payment +$4.26 per $10,000 · paid last 24h +0.088%
Price spread now: BingX against Bitget+0.039%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.26 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 | Bitget PEPEUSDT | 0.000005129 | 0.0220 | pay 0.0220% / 8h | 7h 44m | $46.2M | $222.1M | 75x |
| Short | BingX 1000PEPE-USDC | 0.000005131 | 0.0646 | get 0.0646% / 8h | 7h 44m | — | $2.3M | — |
Bitget PEPEUSDT
BingX 1000PEPE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $89.46
- Price spread: +0.039% → 0.000%
- $3.9
- Slippage, 4 orders
- −$24.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $46.93
- Costs to cover
- 0.464%
- Break-even
- 3.3 days
Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago | 1.46 bp | 9.1 bp −$9 | 10.9 bp −$109 | 26.7 bp −$2,671 | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.26 bp | 14.6 bp −$15 | 20.3 bp −$203 | 90.0 bp −$9,000 | 198.3 bp −$99.1K |
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 | 0.000005129 | −0.010% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005124 | −0.094% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005131 | +0.037% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005132 | +0.049% | $98.9M | $435.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005127 | −0.041% | $162.9M | $99.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005122 | −0.145% | $642K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005131 | +0.033% | $28K | $550K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005139 | +0.203% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005129 | +0.002% | $600K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005134 | +0.088% | $2.4M | $8.1M | 50x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0141% | 1h | 0.000005132 | +0.057% | $2K | $11K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005112 | −0.333% | $7K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0157% | 8h | 0.000005131 | +0.047% | $26.8M | $74.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005132 | +0.051% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTlong | +0.0220% | 8h | 0.000005129 | long leg | $46.2M | $222.1M | 75x | |
| OKX PEPE-USDT-SWAP | +0.0340% | 8h | 0.000005133 | +0.076% | $47.2M | $750.4M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0341% | 1h | 0.000005155 | +0.505% | $150K | $837K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0423% | 8h | 0.000005137 | +0.155% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0432% | 8h | 0.000005133 | +0.072% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0453% | 1h | 0.000005131 | +0.029% | $76K | $895K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0460% | 8h | 0.000005131 | +0.037% | $4.5M | $30.5M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005132 | +0.057% | $668K | $39.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0530% | 1h | 0.000005130 | +0.018% | $73K | $128K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0544% | 1h | 0.000005133 | +0.076% | $53.2M | $160.2M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0560% | 1h | 0.000005141 | +0.232% | $620 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0618% | 1h | 0.000005128 | −0.014% | $4.8M | $16.5M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0636% | 1h | 0.000005132 | +0.062% | $165K | $965K | 10x | as long as short |
| BingX 1000PEPE-USDCshort | +0.0646% | 8h | 0.000005131 | +0.039% | — | $2.3M | — | |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000005133 | +0.076% | $620K | $9.0M | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0672% | 1h | 0.000005128 | −0.019% | $539K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0672% | 1h | 0.000005133 | +0.076% | $145K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0675% | 8h | 0.000005135 | +0.116% | $141.8M | $1.51B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0678% | 8h | 0.000005133 | +0.082% | $101.1M | $306.5M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0691% | 8h | 0.000005137 | +0.148% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1020% / S −0.1149% | 1h | 0.000005000 | −2.517% | $51K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
Lighter 1000PEPE
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]