Funding you earn now, next payment 05:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.009%
Price spread now: Pacifica against OKX−0.114%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.114%, 7d avg +0.022%
=Together, before fees+0.208%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.136% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% 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 | OKX PEPE-USDT-SWAP | 0.000005244 | 0.0433 | pay 0.0433% / 8h | 3h 23m | $50.5M | $677.5M | 50x |
| Short | Pacifica kPEPE | 0.000005238 | 0.0100 | get 0.0013% / 1h | 23m 22s | $66K | $162K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against OKX. 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
- −$69.86
- Price spread: −0.114% → +0.022%
- −$13.61
- Slippage, 4 orders
- −$34.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$135.76
- Costs to cover
- 0.523%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Pacifica: live order book, 29 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 OKX live order book, 6 min ago | 0.95 bp | 8.4 bp −$8 | 13.5 bp −$135 | 50.9 bp −$5,087 | doesn't fit |
| Sell Pacifica live order book, 29 min ago | 7.49 bp | 20.1 bp −$20 | doesn't fit | 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 | 0.000005232 | −0.228% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005232 | −0.227% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +1.583% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005238 | −0.114% | $66K | $162K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005237 | −0.141% | $107.0M | $380.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005236 | −0.153% | $172.9M | $88.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005237 | −0.133% | $25.9M | $68.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005215 | −0.562% | $677K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005260 | +0.303% | $29K | $533K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005246 | +0.034% | $2K | $2.5M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005241 | −0.067% | $588K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005237 | −0.129% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0303% | 8h | 0.000005241 | −0.048% | $50.9M | $190.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0396% | 8h | 0.000005244 | +0.004% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0433% | 8h | 0.000005244 | long leg | $50.5M | $677.5M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0455% | 8h | 0.000005239 | −0.092% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0503% | 1h | 0.000005243 | −0.019% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0562% | 8h | 0.000005240 | −0.076% | $4.9M | $28.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0644% | 8h | 0.000005241 | −0.048% | $2.5M | $7.6M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005245 | +0.019% | $723K | $36.4M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0761% | 8h | 0.000005242 | −0.046% | — | $235.6M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005235 | −0.172% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0801% | 8h | 0.000005238 | −0.113% | $101.0M | $295.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0804% | 8h | 0.000005244 | −0.004% | $152.7M | $1.33B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005243 | −0.016% | $553K | $231K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0843% | 1h | 0.000005254 | +0.191% | $161K | $808K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0875% | 1h | 0.000005236 | −0.154% | $188K | $916K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0909% | 8h | 0.000005238 | −0.115% | $1.8M | $10.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0962% / S −0.1923% | 1h | 0.000005000 | −4.653% | $64K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0992% | 1h | 0.000005243 | −0.019% | $632 | $3K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1087% | 1h | 0.000005241 | −0.057% | $75K | $126K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1161% | 1h | 0.000005233 | −0.202% | $68K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1232% | 1h | 0.000005246 | +0.038% | $634K | $8.8M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1558% | 1h | 0.000005239 | −0.096% | $4.8M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1579% | 1h | 0.000005243 | −0.019% | $57.0M | $145.8M | 10x | as long as short |
OKX PEPE-USDT-SWAP
Pacifica kPEPE
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE