Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: KuCoin against edgeX−0.372%68s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.372%, 7d avg −0.007%
=Together, before fees+0.163%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.365% cheaper against edgeX than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.007%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 1000PEPEUSDC | 0.000005342 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $43K | $498K | 20x |
| Short | KuCoin PEPEUSDTM | 0.000005323 | 0.0100 | get 0.0100% / 8h | 3h 44m | $27.0M | $67.5M | 75x |
edgeX 1000PEPEUSDC
KuCoin PEPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $0
- Price spread: −0.372% → −0.007%
- −$36.49
- Slippage, 4 orders
- −$22.49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$79.98
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 9 min ago; KuCoin: live order book, 5 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 edgeX live order book, 9 min ago | 1.22 bp | 5.8 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.90 bp | 12.8 bp −$13 | 25.2 bp −$252 | 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 | 0.000005300 | −0.803% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005333 | −0.173% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +0.721% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005310 | −0.608% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005331 | −0.215% | $108.9M | $374.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005305 | −0.701% | $175.9M | $86.2M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000005323 | −0.372% | $27.0M | $67.5M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | −0.541% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005342 | long leg | $43K | $498K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005325 | −0.334% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
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 | 0.000005327 | −0.282% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005318 | −0.456% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0266% | 8h | 0.000005320 | −0.417% | $51.8M | $186.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005336 | −0.128% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0428% | 8h | 0.000005321 | −0.402% | $52.1M | $676.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005326 | −0.308% | $4.5M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0619% | 8h | 0.000005329 | −0.258% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0634% | 1h | 0.000005327 | −0.289% | $2K | $10K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0690% | 1h | 0.000005327 | −0.289% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005326 | −0.308% | $712K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0764% | 8h | 0.000005337 | −0.095% | — | $264.1M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0797% | 8h | 0.000005310 | −0.614% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005320 | −0.420% | $150K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0805% | 8h | 0.000005336 | −0.124% | $154.5M | $1.31B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005333 | −0.172% | $103.8M | $292.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005313 | −0.557% | $563K | $226K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0882% | 1h | 0.000005321 | −0.393% | $190K | $914K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0899% / S −0.1763% | 1h | 0.000005000 | −6.410% | $65K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0933% | 8h | 0.000005321 | −0.400% | $1.9M | $9.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1118% | 1h | 0.000005342 | −0.009% | $177K | $798K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000005327 | −0.289% | $643 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1328% | 1h | 0.000005314 | −0.533% | $691K | $8.6M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1350% | 1h | 0.000005325 | −0.332% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1533% | 1h | 0.000005325 | −0.334% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1774% | 1h | 0.000005336 | −0.121% | $58.5M | $144.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Paradex kPEPE-USD-PERP
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE