Funding you earn now, next payment 16:00 UTC+0.0460%/8h= +50.4% APRnext payment +$4.60 per $10,000 · paid last 24h +0.097%
Price spread now: BingX against KuCoin−0.095%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 17 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.137% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.60 per $10,000. 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 | KuCoin PEPEUSDTM | 0.000005043 | 0.0156 | pay 0.0156% / 8h | 7h 17m | $26.0M | $75.8M | 75x |
| Short | BingX 1000PEPE-USDC | 0.000005038 | 0.0616 | get 0.0616% / 8h | 7h 17m | — | $2.3M | — |
KuCoin PEPEUSDTM
BingX 1000PEPE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $96.6
- Price spread: −0.095% → 0.000%
- −$9.52
- Slippage, 4 orders
- −$46.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $18.94
- Costs to cover
- 0.681%
- Break-even
- 5.6 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 1 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 KuCoin live order book, 2 min ago | 2.29 bp | 14.6 bp −$15 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 1.59 bp | 15.0 bp −$15 | 21.0 bp −$210 | 93.0 bp −$9,296 | 244.0 bp −$122.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005037 | −0.127% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005035 | −0.163% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005040 | −0.063% | $97.7M | $445.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005035 | −0.163% | $160.9M | $102.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004969 | −1.476% | $655K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004972 | −1.413% | $27K | $567K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005044 | +0.022% | $2K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005040 | −0.063% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005035 | −0.155% | $586K | $4.3M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0134% | 1h | 0.000004953 | −1.789% | $145K | $839K | 25x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000004965 | −1.551% | $6K | $121K | 12x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0156% | 8h | 0.000005043 | long leg | $26.0M | $75.8M | 75x | |
| Bitget PEPEUSDT | +0.0173% | 8h | 0.000005040 | −0.061% | $45.1M | $226.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005035 | −0.156% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0314% | 8h | 0.000005043 | −0.004% | $46.3M | $749.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0346% | 1h | 0.000005039 | −0.083% | $72K | $124K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0368% | 8h | 0.000005036 | −0.143% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0382% | 1h | 0.000005040 | −0.056% | $71K | $954K | 15x | as long as short |
| Hyperliquid kPEPE | +0.0383% | 1h | 0.000005036 | −0.143% | $52.0M | $161.5M | 10x | as long as short |
| BloFin PEPE-USDT | +0.0436% | 8h | 0.000005041 | −0.044% | $4.4M | $30.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0440% | 8h | 0.000005040 | −0.059% | $33K | $30K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0478% | 8h | 0.000005033 | −0.202% | $2.3M | $8.1M | 50x | as long as short |
| Lighter 1000PEPE | +0.0504% | 1h | 0.000005038 | −0.103% | $596K | $9.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0504% | 1h | 0.000005034 | −0.182% | $607 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005033 | −0.202% | $682K | $40.0M | 50x | as long as short |
| BingX 1000PEPE-USDCshort | +0.0616% | 8h | 0.000005038 | −0.095% | — | $2.3M | — | |
| Nado kPEPE-PERP | +0.0627% | 1h | 0.000005025 | −0.361% | $156K | $957K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0628% | 8h | 0.000005035 | −0.171% | $98.7M | $312.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0628% | 8h | 0.000005035 | −0.163% | $137.6M | $1.54B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0629% | 1h | 0.000005038 | −0.112% | $4.6M | $17.1M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0632% | 1h | 0.000005039 | −0.085% | $528K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005035 | −0.163% | $142K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0651% | 8h | 0.000005040 | −0.063% | $1.7M | $12.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.857% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4099% | 1h | 0.000005029 | −0.275% | $25K | $12K | 10x | as long as short |
Injective PEPE/USDC PERP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD