Funding you earn now, next payment 08:00 UTC+0.0620%/8h= +67.9% APRnext payment +$0.78 per $10,000 · paid last 24h +0.110%
Price spread now: Extended against Pacifica−0.274%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.274%, 7d avg −0.044%
=Together, before fees+0.259%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.231% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.274% now, against its 7-day average of −0.044%). If the spread goes back, that is −$23 on $10k: about 30 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.072% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.78 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 | 0.000005174 | 0.0100 | pay 0.0013% / 1h | 21m 20s | $60K | $183K | 10x |
| Short | Extended 1000PEPE-USD | 0.000005160 | 0.0720 | get 0.0090% / 1h | 21m 20s | $542K | $284K | 25x |
Pacifica kPEPE
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $130.2
- Price spread: −0.274% → −0.044%
- −$23.07
- Slippage, 4 orders
- −$34.75
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $59.38
- Costs to cover
- 0.478%
- Break-even
- 3.8 days
Slippage from Pacifica: live order book, 16 min ago; Extended: live order book, 16 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, 16 min ago | 10.65 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 16 min ago | 3.88 bp | 8.4 bp −$8 | 44.2 bp −$442 | 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 | 0.000005168 | −0.125% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | −0.273% | $4K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005174 | long leg | $60K | $183K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005161 | −0.251% | $99.5M | $429.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005164 | −0.193% | $163.9M | $99.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | −0.376% | $614K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005175 | +0.017% | $28K | $547K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005165 | −0.168% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005169 | −0.097% | $602K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0122% | 8h | 0.000005168 | −0.116% | $26.9M | $74.0M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0127% | 1h | 0.000005161 | −0.251% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005168 | −0.118% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0258% | 8h | 0.000005162 | −0.238% | $46.4M | $220.0M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0312% | 1h | 0.000005181 | +0.135% | $151K | $834K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0332% | 1h | 0.000005161 | −0.251% | $74K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0364% | 8h | 0.000005164 | −0.193% | $47.9M | $748.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005148 | −0.503% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0413% | 8h | 0.000005160 | −0.267% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0459% | 8h | 0.000005174 | −0.006% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0472% | 8h | 0.000005161 | −0.251% | $2.4M | $8.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0484% | 8h | 0.000005164 | −0.193% | $4.5M | $30.4M | 75x | as long as short |
| Lighter 1000PEPE | +0.0504% | 1h | 0.000005166 | −0.155% | $620K | $9.1M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0515% | 1h | 0.000005163 | −0.216% | $79K | $889K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005170 | −0.077% | $688K | $39.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0694% | 1h | 0.000005170 | −0.070% | $166K | $958K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0700% | 8h | 0.000005166 | −0.151% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0704% | 1h | 0.000005178 | +0.077% | $625 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0712% | 1h | 0.000005156 | −0.343% | $4.8M | $16.7M | 50x | as long as short |
| Extended 1000PEPE-USDshort | +0.0720% | 1h | 0.000005160 | −0.274% | $542K | $284K | 25x | |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000005167 | −0.135% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0723% | 8h | 0.000005165 | −0.178% | $1.7M | $11.9M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0723% | 8h | 0.000005169 | −0.101% | $101.8M | $308.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0724% | 8h | 0.000005163 | −0.215% | $142.2M | $1.50B | 75x | as long as short |
| Hyperliquid kPEPE | +0.0955% | 1h | 0.000005174 | 0.000% | $53.9M | $159.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1502% | 1h | 0.000005000 | −3.363% | $47K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]