Funding you earn now, next payment 06:00 UTC+0.0700%/8h= +76.6% APRnext payment +$0.88 per $10,000 · paid last 24h +0.090%
Price spread now: Aevo against Pacifica+0.179%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,122as in the Price arb table
costs, in and out, $10k−$1,14311.430% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.179%, 7d avg −0.027%
=Together, before fees+0.027%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aevo is 0.207% dearer against Pacifica than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.027%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.88 per $10,000. 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 | Pacifica kPEPE | 0.000005020 | 0.0100 | pay 0.0013% / 1h | 34m 57s | $57K | $177K | 10x |
| Short | Aevo 1000PEPE-PERP | 0.000005029 | 0.0800 | get 0.0100% / 1h | 34m 57s | $142K | — | 3x |
Pacifica kPEPE
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Pacifica. 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
- $147
- Price spread: +0.179% → −0.027%
- $20.66
- Slippage, 4 orders
- −$1,118.96
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$975.31
- Costs to cover
- 11.430%
- Break-even
- 53.4 days
Slippage from Pacifica: live order book, 13 min ago; Aevo: live order book, 14 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 Pacifica live order book, 13 min ago | 4.97 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo live order book, 14 min ago | 272.79 bp | 566.2 bp −$566 | 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 | 0.000005021 | +0.014% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000005021 | +0.028% | $6K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005020 | long leg | $57K | $177K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005009 | −0.219% | $98.7M | $403.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005014 | −0.120% | $161.9M | $93.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005015 | −0.106% | $25.1M | $70.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004997 | −0.464% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005025 | +0.105% | $28K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005039 | +0.386% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005024 | +0.084% | $564K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0179% | 1h | 0.000005031 | +0.219% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005026 | +0.110% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0338% | 8h | 0.000005016 | −0.078% | $45.1M | $209.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0406% | 8h | 0.000005030 | +0.195% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0420% | 8h | 0.000005013 | −0.139% | $46.2M | $683.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0535% | 8h | 0.000005019 | −0.027% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0548% | 8h | 0.000005027 | +0.139% | $4.4M | $28.0M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0626% | 8h | 0.000005030 | +0.191% | $2.4M | $7.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005014 | −0.120% | $605 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0655% | 1h | 0.000005029 | +0.175% | $73K | $830K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005025 | +0.100% | $638K | $36.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.0688% | 1h | 0.000005034 | +0.279% | $597K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0738% | 1h | 0.000005025 | +0.103% | $166K | $941K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0745% | 1h | 0.000005029 | +0.179% | $72K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0762% | 8h | 0.000005016 | −0.086% | — | $238.7M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0775% | 1h | 0.000005023 | +0.060% | $154K | $814K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0799% | 8h | 0.000005014 | −0.127% | $140.8M | $1.41B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005015 | −0.097% | $530K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0800% | 1h | 0.000005029 | +0.179% | $142K | — | 3x | |
| MEXC PEPE_USDT | +0.0804% | 8h | 0.000005015 | −0.100% | $96.6M | $301.0M | 300x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0849% | 1h | 0.000005029 | +0.172% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0857% | 8h | 0.000005018 | −0.046% | $1.8M | $11.1M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1034% | 1h | 0.000005027 | +0.139% | $53.0M | $151.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1097% / S −0.2050% | 1h | 0.000005000 | −0.398% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | +0.279% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP