Funding you earn now, next payment 08:00 UTC+0.0670%/8h= +73.4% APRpaid last 24h +0.027%
Price spread now: MEXC against edgeX+0.258%68s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as 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−$120.122% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.258%, 7d avg +0.039%
=Together, before fees−0.324%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and MEXC is 0.220% dearer against edgeX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% 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 | edgeX 1000PEPEUSDC | 0.000005156 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $28K | $542K | 20x |
| Short | MEXC PEPE_USDT | 0.000005170 | 0.0770 | get 0.0770% / 8h | 1h 44m | $99.4M | $303.0M | 300x |
edgeX 1000PEPEUSDC
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $140.7
- Price spread: +0.258% → +0.039%
- $21.99
- Slippage, 4 orders
- −$3.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $150.52
- Costs to cover
- 0.122%
- Break-even
- from the start
Slippage from edgeX: live order book, 64 min ago; MEXC: 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, 64 min ago | 0.99 bp | 5.6 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.10 bp | 0.2 bp $0 | 10.5 bp −$105 | 47.4 bp −$4,739 | 82.3 bp −$41.2K |
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 | 0.000005128 | −0.546% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005170 | +0.267% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | +0.084% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005172 | +0.307% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005154 | −0.044% | $101.6M | $415.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005163 | +0.132% | $164.5M | $96.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005167 | +0.216% | $26.0M | $72.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005133 | −0.457% | $612K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005156 | long leg | $28K | $542K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005164 | +0.150% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
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 | 0.000005165 | +0.175% | $596K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0133% | 1h | 0.000005164 | +0.152% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005166 | +0.196% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0299% | 8h | 0.000005154 | −0.044% | $46.1M | $214.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0382% | 8h | 0.000005160 | +0.066% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0401% | 1h | 0.000005172 | +0.315% | $76K | $854K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005157 | +0.016% | $48.5M | $726.9M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0453% | 1h | 0.000005153 | −0.062% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0505% | 8h | 0.000005171 | +0.295% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0526% | 1h | 0.000005159 | +0.055% | $74K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005170 | +0.268% | $4.6M | $29.7M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0571% | 8h | 0.000005169 | +0.258% | $2.4M | $8.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0577% | 1h | 0.000005157 | +0.016% | $156K | $821K | 25x | as long as short |
| Lighter 1000PEPE | +0.0584% | 1h | 0.000005171 | +0.288% | $622K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005163 | +0.132% | $680K | $38.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005173 | +0.326% | $624 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0730% | 1h | 0.000005162 | +0.111% | $164K | $957K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0740% | 8h | 0.000005165 | +0.169% | — | $217.5M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005158 | +0.035% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDTshort | +0.0770% | 8h | 0.000005170 | +0.258% | $99.4M | $303.0M | 300x | |
| Binance 1000PEPEUSDT | +0.0773% | 8h | 0.000005167 | +0.203% | $143.1M | $1.45B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005156 | −0.006% | $547K | $286K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0785% | 8h | 0.000005167 | +0.216% | $1.8M | $11.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0987% | 1h | 0.000005171 | +0.288% | $55.3M | $154.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −3.029% | $64K | — | 100x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]