Funding you earn now, next payment 12:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.004%
Price spread now: edgeX against KuCoin+0.023%83s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as 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−$380.382% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.242%+$24 · spread now +0.023%, 7d avg +0.007%
=Together, before fees+0.287%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 83 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 | KuCoin PEPEUSDTM | 0.000005087 | 0.0164 | pay 0.0164% / 8h | 7h 36m | $26.6M | $74.8M | 75x |
| Short | edgeX 1000PEPEUSDC | 0.000005089 | 0.0100 | get 0.0050% / 4h | 3h 36m | $28K | $550K | 20x |
KuCoin PEPEUSDTM
edgeX 1000PEPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$13.44
- Price spread: +0.023% → +0.007%
- $1.65
- Slippage, 4 orders
- −$17.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$49.96
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 62 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, 3 min ago | 1.67 bp | 14.7 bp −$15 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 min ago | 0.97 bp | 5.7 bp −$6 | 83.9 bp −$839 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005085 | −0.057% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005095 | +0.147% | $59K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005085 | −0.039% | $98.2M | $436.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005086 | −0.029% | $161.6M | $99.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005099 | +0.219% | $638K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000005089 | +0.023% | $28K | $550K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005100 | +0.256% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005087 | −0.010% | $598K | $4.2M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005082 | −0.108% | $7K | $121K | 12x | as long as short |
| SoDEX 1000PEPE-USD | +0.0149% | 1h | 0.000005090 | +0.049% | $2K | $11K | 10x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDT
Injective PEPE/USDC PERP
SoDEX 1000PEPE-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTMlong | +0.0164% | 8h | 0.000005087 | long leg | $26.6M | $74.8M | 75x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005089 | +0.029% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0205% | 8h | 0.000005085 | −0.059% | $45.7M | $222.5M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0328% | 8h | 0.000005087 | −0.010% | $46.5M | $745.3M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0337% | 1h | 0.000005088 | +0.010% | $148K | $838K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0340% | 1h | 0.000005089 | +0.029% | $72K | $128K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0403% | 8h | 0.000005086 | −0.024% | $2.3M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0414% | 1h | 0.000005087 | −0.014% | $97K | $908K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0414% | 8h | 0.000005097 | +0.179% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0434% | 8h | 0.000005092 | +0.096% | $33K | $27K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0450% | 8h | 0.000005095 | +0.147% | $4.4M | $30.3M | 75x | as long as short |
| Hyperliquid kPEPE | +0.0479% | 1h | 0.000005090 | +0.049% | $52.8M | $160.4M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005089 | +0.029% | $679K | $39.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005096 | +0.167% | $615 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0568% | 1h | 0.000005093 | +0.108% | $609K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0623% | 1h | 0.000005086 | −0.028% | $4.7M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0642% | 8h | 0.000005089 | +0.024% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0656% | 1h | 0.000005091 | +0.059% | $536K | $281K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0656% | 1h | 0.000005092 | +0.088% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0657% | 8h | 0.000005085 | −0.041% | $100.3M | $307.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0658% | 8h | 0.000005087 | −0.002% | $140.2M | $1.51B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0667% | 1h | 0.000005088 | +0.020% | $162K | $964K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0676% | 8h | 0.000005092 | +0.088% | $1.7M | $12.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1019% / S −0.1149% | 1h | 0.000005000 | −1.720% | $51K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.1245% | 1h | 0.000005086 | −0.037% | $19K | $649 | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Nado kPEPE-PERP
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD