Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0248%/8h= +27.1% APRpaid last 24h +0.045%
Price spread now: Extended against BloFin−0.023%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.023%, 7d avg +0.020%
Together, before fees−0.214%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.043% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.020%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEPE-USDT0.0000051680.0544pay 0.0544% / 8h2h 01m$4.4M$29.5M75x
ShortExtended 1000PEPE-USD0.0000051670.0792get 0.0099% / 1h1m 03s$547K$281K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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

Funding earned
$51.99
Price spread: −0.023% → +0.020%
−$4.34
Slippage, 4 orders
−$11.85
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$18.8
Costs to cover
0.289%
Break-even
4.5 days
Slippage from BloFin: live order book, 3 min ago; Extended: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 3 min ago0.98 bp7.0 bp −$79.9 bp −$9928.8 bp −$2,87778.8 bp −$39.4K
Sell Extended live order book, 47 min ago2.98 bp7.5 bp −$743.1 bp −$431doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005145−0.445%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0007%1h0.000005155−0.244%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005152−0.310%$59K$178K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005165−0.058%$100.8M$410.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005163−0.097%$163.5M$95.9M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005171+0.052%$26.0M$71.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005136−0.627%$614K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005129−0.759%$28K$540K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005169+0.025%$2K$2.6M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005146−0.418%$585K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0145%1h0.000005163−0.097%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005163−0.097%$8K15xas long as short
Bitget PEPEUSDT+0.0316%8h0.000005169+0.019%$46.0M$213.1M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0379%8h0.000005162−0.110%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0419%8h0.0000051680.000%$48.2M$719.1M50xas long as short
Paradex kPEPE-USD-PERP+0.0539%8h0.000005150−0.356%$6K20xas long as short
BloFin PEPE-USDTlong+0.0544%8h0.000005168long leg$4.4M$29.5M75x
Lighter 1000PEPE+0.0600%1h0.000005165−0.058%$623K$9.1M10xas long as short
Phemex u1000PEPEUSDT+0.0608%8h0.000005163−0.097%$2.4M$8.0M50xas long as short
Backpack kPEPE_USDC_PERP+0.0649%1h0.000005167−0.014%$68K$844K15xas long as short
Nado kPEPE-PERP+0.0650%1h0.000005158−0.193%$162K$953K10xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005155−0.252%$622$3K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005153−0.290%$684K$38.1M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0703%1h0.000005129−0.755%$155K$818K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0720%1h0.000005162−0.116%$74K$127K25xas long as short
BingX 1000PEPE-USDC+0.0760%8h0.000005161−0.135%$2.3Mas long as short
MEXC PEPE_USDT+0.0787%8h0.000005163−0.091%$99.3M$305.1M300xas long as short
Binance 1000PEPEUSDT+0.0791%8h0.000005169+0.019%$143.2M$1.44B75xas long as short
Extended 1000PEPE-USDshort+0.0792%1h0.000005167−0.023%$547K$281K25x
Aevo 1000PEPE-PERP+0.0792%1h0.000005164−0.077%$146K3xas long as short
Aster 1000PEPEUSDT+0.0817%8h0.000005168−0.002%$1.9M$11.6M50xas long as short
Kraken Futures PF_PEPEUSD+0.0827%1h0.000005161−0.136%$4.7M$16.8M50xas long as short
Hyperliquid kPEPE+0.1040%1h0.000005175+0.135%$55.2M$154.0M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−3.251%$63K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005128−0.774%$10K$119K12xas long as short