Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.5% APRpaid last 24h −0.037%
Price spread now: edgeX against BloFin+0.106%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.106%, 7d avg +0.035%
=Together, before fees−0.324%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.071% dearer against BloFin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.035%): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.173% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% 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 | BloFin PEPE-USDT | 0.000005096 | 0.0516 | pay 0.0516% / 8h | 1h 17m | $4.4M | $29.3M | 75x |
| Short | edgeX 1000PEPEUSDC | 0.000005101 | 0.0100 | get 0.0050% / 4h | 1h 17m | $28K | $544K | 20x |
BloFin PEPE-USDT
edgeX 1000PEPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$87.31
- Price spread: +0.106% → +0.035%
- $7.1
- Slippage, 4 orders
- −$7.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$108.34
- Costs to cover
- 0.281%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; edgeX: live order book, 26 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 BloFin live order book, 7 min ago | 1.97 bp | 8.0 bp −$8 | 10.6 bp −$106 | 28.7 bp −$2,875 | 76.4 bp −$38.2K |
| Sell edgeX live order book, 26 min ago | 1.45 bp | 6.1 bp −$6 | 44.6 bp −$446 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005108 | +0.235% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005100 | +0.072% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005090 | −0.120% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005100 | +0.078% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005096 | −0.002% | $99.2M | $419.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005094 | −0.039% | $162.2M | $97.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005098 | +0.032% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000005101 | +0.106% | $28K | $544K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005109 | +0.251% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005099 | +0.053% | $591K | $4.2M | 75x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0102% | 8h | 0.000005098 | +0.045% | $25.9M | $72.5M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0165% | 1h | 0.000005096 | 0.000% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005097 | +0.027% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0285% | 8h | 0.000005097 | +0.020% | $45.6M | $215.9M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0310% | 1h | 0.000005094 | −0.039% | $154K | $824K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0339% | 1h | 0.000005095 | −0.020% | $73K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0394% | 8h | 0.000005094 | −0.039% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0395% | 8h | 0.000005097 | +0.020% | $47.1M | $724.7M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0425% | 1h | 0.000005101 | +0.096% | $74K | $860K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0458% | 1h | 0.000005094 | −0.038% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0509% | 8h | 0.000005099 | +0.051% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDTlong | +0.0516% | 8h | 0.000005096 | long leg | $4.4M | $29.3M | 75x | |
| Phemex u1000PEPEUSDT | +0.0550% | 8h | 0.000005099 | +0.055% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005099 | +0.059% | $680K | $38.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0680% | 1h | 0.000005099 | +0.059% | $607K | $9.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005102 | +0.118% | $615 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0730% | 8h | 0.000005098 | +0.033% | — | $2.3M | — | as long as short |
| Nado kPEPE-PERP | +0.0753% | 1h | 0.000005097 | +0.014% | $164K | $959K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0759% | 8h | 0.000005098 | +0.037% | $1.7M | $11.7M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005095 | −0.023% | $541K | $280K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0764% | 8h | 0.000005098 | +0.037% | $140.3M | $1.47B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0767% | 8h | 0.000005100 | +0.069% | $98.6M | $305.8M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005103 | +0.137% | $144K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0946% | 1h | 0.000005108 | +0.235% | $52.9M | $156.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2257% | 1h | 0.000005000 | −1.884% | $63K | — | 100x | as long as short |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]