Funding you earn now, next payment 01:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.055%
Price spread now: Extended against KuCoin−0.116%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.116%, 7d avg −0.025%
=Together, before fees+0.079%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.091% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.025%). If the spread goes back, that is −$9 on $10k: about 19 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.069% in total) that is about 9.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% 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 | KuCoin PEPEUSDTM | 0.000004995 | 0.0100 | pay 0.0100% / 8h | 7h 24m | $25.3M | $56.4M | 75x |
| Short | Extended 1000PEPE-USD | 0.000004990 | 0.0488 | get 0.0061% / 1h | 24m 53s | $549K | $148K | 25x |
KuCoin PEPEUSDTM
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $81.48
- Price spread: −0.116% → −0.025%
- −$9.06
- Slippage, 4 orders
- −$26.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $29
- Costs to cover
- 0.434%
- Break-even
- 4.5 days
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 48 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 | 0.70 bp | 13.0 bp −$13 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Extended live order book, 48 min ago | 3.17 bp | 7.8 bp −$8 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0117% | 1h | 0.000004992 | −0.066% | $3.9M | $14.1M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004976 | −0.382% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004980 | −0.306% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004980 | −0.306% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004994 | −0.024% | $92.7M | $304.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004989 | −0.126% | $158.5M | $66.9M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000004995 | long leg | $25.3M | $56.4M | 75x | |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004992 | −0.070% | $43.6M | $152.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004973 | −0.453% | $612K | $4.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004955 | −0.813% | $52K | $377K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004993 | −0.054% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004986 | −0.186% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004988 | −0.156% | $559K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004983 | −0.254% | $2.4M | $6.7M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0182% | 8h | 0.000004988 | −0.146% | $43.9M | $532.2M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004980 | −0.299% | $8K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0208% | 8h | 0.000004978 | −0.356% | $6K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0284% | 8h | 0.000004982 | −0.258% | $31K | $14K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0301% | 8h | 0.000004995 | −0.006% | $4.1M | $23.8M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0310% | 1h | 0.000004960 | −0.707% | $103K | $754K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004993 | −0.046% | $674K | $27.3M | 50x | as long as short |
| Lighter 1000PEPE | +0.0400% | 1h | 0.000004996 | +0.014% | $585K | $6.7M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0466% | 1h | 0.000004980 | −0.305% | $192K | $857K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0475% | 8h | 0.000004996 | +0.016% | — | $257.2M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0480% / S −0.0383% | 1h | 0.000004000 | −19.925% | $62K | — | 100x | as long as short |
| Extended 1000PEPE-USDshort | +0.0488% | 1h | 0.000004990 | −0.116% | $549K | $148K | 25x | |
| Aevo 1000PEPE-PERP | +0.0488% | 1h | 0.000004986 | −0.186% | $141K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0489% | 8h | 0.000004998 | +0.044% | $139.3M | $1.10B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0489% | 8h | 0.000004995 | −0.006% | $99.8M | $285.6M | 300x | as long as short |
| 01 Exchange kPEPEUSD | +0.0496% | 1h | 0.000004984 | −0.226% | $1K | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0524% | 8h | 0.000004989 | −0.125% | $1.5M | $7.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0562% | 1h | 0.000004994 | −0.030% | $95K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004983 | −0.246% | $4K | $102K | 12x | as long as short |
| Hyperliquid kPEPE | +0.0888% | 1h | 0.000005007 | +0.234% | $59.1M | $120.8M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1156% | 1h | 0.000004987 | −0.166% | $64K | $115K | 25x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
BingX 1000PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL