Funding you earn now, next payment 05:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bitget−0.035%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.035%, 7d avg −0.008%
=Together, before fees−0.014%+ Points / potential airdropPacifica: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.027% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment. 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 | 0.000005083 | 0.0348 | pay 0.0348% / 8h | 3h 02m | $48.9M | $193.1M | 75x |
| Short | Pacifica kPEPE | 0.000005081 | 0.0100 | get 0.0013% / 1h | 2m 39s | $64K | $164K | 10x |
Bitget PEPEUSDT
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$52.08
- Price spread: −0.035% → −0.008%
- −$2.73
- Slippage, 4 orders
- −$34.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$109.13
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Pacifica: live order book, 50 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, 1 min ago | 1.56 bp | 9.6 bp −$10 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 50 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 | 0.000005075 | −0.152% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005100 | +0.338% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +4.804% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005081 | −0.035% | $64K | $164K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005081 | −0.030% | $102.4M | $389.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005079 | −0.075% | $165.8M | $90.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005081 | −0.035% | $25.4M | $69.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005143 | +1.177% | $603K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005147 | +1.265% | $28K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005102 | +0.386% | $1K | $2.6M | 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 | 0.000005100 | +0.338% | $574K | $4.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0142% | 1h | 0.000005104 | +0.417% | $73K | $127K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005123 | +0.789% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTlong | +0.0348% | 8h | 0.000005083 | long leg | $48.9M | $193.1M | 75x | |
| Orderly PERP_1000PEPE_USDC | +0.0411% | 8h | 0.000005109 | +0.508% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0416% | 8h | 0.000005085 | +0.043% | $48.4M | $669.1M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0497% | 1h | 0.000005089 | +0.122% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005096 | +0.260% | $4.7M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0563% | 8h | 0.000005080 | −0.047% | $6K | — | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005086 | +0.063% | $633K | $35.7M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0738% | 8h | 0.000005089 | +0.130% | $2.4M | $7.7M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0784% | 8h | 0.000005078 | −0.096% | — | $2.3M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0817% | 1h | 0.000005160 | +1.519% | $159K | $810K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0829% | 8h | 0.000005088 | +0.094% | $98.5M | $298.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0830% | 8h | 0.000005083 | +0.001% | $145.9M | $1.36B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0832% | 1h | 0.000005082 | −0.006% | $538K | $247K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0832% | 1h | 0.000005104 | +0.417% | $144K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0897% | 1h | 0.000005126 | +0.842% | $176K | $925K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0904% | 8h | 0.000005083 | +0.005% | $1.7M | $10.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005091 | +0.161% | $614 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1026% / S −0.1672% | 1h | 0.000005000 | −1.629% | $67K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.1088% | 1h | 0.000005085 | +0.043% | $624K | $8.9M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1135% | 1h | 0.000005092 | +0.181% | $64K | $723K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1440% | 1h | 0.000005083 | +0.004% | $55.0M | $146.8M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1605% | 1h | 0.000005087 | +0.078% | $4.7M | $16.5M | 50x | as long as short |
HTX PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDC
ApeX Omni 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD