Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +18.0% APRnext payment +$1.64 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against KuCoin−0.049%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.049%, 7d avg +0.023%
=Funding pays, the price is against you. Bitget is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.023%). If the spread goes back, that is −$7 on $10k: about 35 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEPEUSDTM | 0.000005307 | 0.0100 | pay 0.0100% / 8h | 3h 45m | $26.9M | $67.5M | 75x |
| Short | Bitget PEPEUSDT | 0.000005305 | 0.0264 | get 0.0264% / 8h | 3h 45m | $51.7M | $186.7M | 75x |
KuCoin PEPEUSDTM
Bitget PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $34.44
- Price spread: −0.049% → +0.023%
- −$7.21
- Slippage, 4 orders
- −$28.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.74
- Costs to cover
- 0.530%
- Break-even
- 12.2 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 2.90 bp | 19.1 bp −$19 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.87 bp | 11.2 bp −$11 | 15.8 bp −$158 | 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 | 0.000005317 | +0.188% | $20K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005313 | +0.106% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +1.385% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005321 | +0.254% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005305 | −0.041% | $104.6M | $372.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005316 | +0.160% | $176.2M | $86.2M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000005307 | long leg | $26.9M | $67.5M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | +0.114% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005342 | +0.659% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005325 | +0.322% | $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
edgeX 1000PEPEUSDC
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 | +0.375% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005322 | +0.264% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTshort | +0.0264% | 8h | 0.000005305 | −0.049% | $51.7M | $186.7M | 75x | |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005328 | +0.379% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0422% | 8h | 0.000005308 | +0.009% | $52.3M | $673.9M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005326 | +0.349% | $4.5M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0619% | 8h | 0.000005329 | +0.399% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0634% | 1h | 0.000005327 | +0.367% | $2K | $10K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0690% | 1h | 0.000005327 | +0.367% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005326 | +0.349% | $712K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0764% | 8h | 0.000005316 | +0.170% | — | $264.0M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005320 | +0.244% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005320 | +0.236% | $150K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005306 | −0.036% | $103.2M | $292.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000005312 | +0.089% | $153.8M | $1.31B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005307 | −0.003% | $563K | $226K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0856% | 1h | 0.000005325 | +0.339% | $190K | $914K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0897% / S −0.1756% | 1h | 0.000005000 | −5.794% | $65K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0935% | 8h | 0.000005322 | +0.269% | $1.9M | $9.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1118% | 1h | 0.000005342 | +0.650% | $177K | $798K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1240% | 1h | 0.000005333 | +0.480% | $643 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1328% | 1h | 0.000005328 | +0.386% | $692K | $8.6M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1350% | 1h | 0.000005325 | +0.324% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1533% | 1h | 0.000005325 | +0.322% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1762% | 1h | 0.000005323 | +0.292% | $58.4M | $144.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
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
MEXC PEPE_USDT
Binance 1000PEPEUSDT
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