Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.061%
Price spread now: Extended against MEXC−0.159%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$160.160% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now −0.159%, 7d avg −0.075%
=Together, before fees−0.016%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.084% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEPE_USDT | 0.000004807 | 0.0677 | pay 0.0677% / 8h | 43m 26s | $93.4M | $279.9M | 300x |
| Short | Extended 1000PEPE-USD | 0.000004799 | 0.0672 | get 0.0084% / 1h | 43m 26s | $529K | $148K | 25x |
MEXC PEPE_USDT
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- −$1.05
- Price spread: −0.159% → −0.075%
- −$8.41
- Slippage, 4 orders
- −$10.99
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.45
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Extended: live order book, 34 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 MEXC live order book, 6 min ago | 0.10 bp | 0.2 bp $0 | 12.1 bp −$121 | 47.0 bp −$4,705 | 74.6 bp −$37.3K |
| Sell Extended live order book, 34 min ago | 3.13 bp | 7.7 bp −$8 | 45.3 bp −$453 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0256% | 1h | 0.000004798 | −0.187% | $67.5M | $89.0M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004807 | −0.003% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004799 | −0.162% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004799 | −0.171% | $3.9M | $13.6M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004809 | +0.042% | $59K | $115K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004801 | −0.133% | $86.4M | $288.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004802 | −0.104% | $150.3M | $64.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004806 | −0.017% | $24.6M | $54.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004799 | −0.175% | $42.3M | $149.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004829 | +0.456% | $591K | $4.1M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004821 | +0.284% | $26K | $350K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004820 | +0.270% | $101K | $761K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004813 | +0.119% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004800 | −0.146% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004812 | +0.106% | $544K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0168% | 1h | 0.000004814 | +0.146% | $627K | $6.3M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004804 | −0.062% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0204% | 8h | 0.000004807 | −0.007% | $5K | $16 | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0212% | 8h | 0.000004803 | −0.083% | $41.6M | $497.8M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0218% | 8h | 0.000004810 | +0.052% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0232% | 1h | 0.000004806 | −0.021% | $551 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0336% | 8h | 0.000004822 | +0.312% | $3.9M | $22.4M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0364% / S −0.0408% | 1h | 0.000004000 | −16.788% | $42K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004814 | +0.146% | $570K | $25.8M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0415% | 8h | 0.000004803 | −0.085% | $30K | $12K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004818 | +0.229% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0511% | 1h | 0.000004812 | +0.098% | $91K | $601K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0584% | 1h | 0.000004803 | −0.083% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0668% | 8h | 0.000004803 | −0.085% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0670% | 8h | 0.000004807 | −0.008% | $131.8M | $1.05B | 75x | as long as short |
| Extended 1000PEPE-USDshort | +0.0672% | 1h | 0.000004799 | −0.159% | $529K | $148K | 25x | |
| Aster 1000PEPEUSDT | +0.0676% | 8h | 0.000004810 | +0.060% | $1.5M | $7.2M | 50x | as long as short |
| MEXC PEPE_USDTlong | +0.0677% | 8h | 0.000004807 | long leg | $93.4M | $279.9M | 300x | |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000004802 | −0.104% | $136K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0831% | 1h | 0.000004806 | −0.023% | $184K | $848K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP