Funding you earn now, next payment 07:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.053%
Price spread now: Binance against Aevo−0.027%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,143as in the Price arb table
costs, in and out, $10k−$1,13611.357% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.027%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.069% cheaper against Aevo than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo 1000PEPE-PERP | 0.000005166 | 0.0784 | pay 0.0098% / 1h | 56m 16s | $146K | — | 3x |
| Short | Binance 1000PEPEUSDT | 0.000005165 | 0.0789 | get 0.0789% / 8h | 1h 56m | $143.0M | $1.44B | 75x |
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- $0.96
- Price spread: −0.027% → +0.042%
- −$6.91
- Slippage, 4 orders
- −$1,109.67
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,141.61
- Costs to cover
- 11.357%
- Break-even
- 8352.1 days
Slippage from Aevo: live order book, 52 min ago; Binance: live order book, 3 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 Aevo live order book, 52 min ago | 272.79 bp | 553.4 bp −$553 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.10 bp | 7.8 bp −$8 | 13.7 bp −$137 | 36.4 bp −$3,642 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005206 | +0.774% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005156 | −0.193% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005158 | −0.145% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005166 | 0.000% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005162 | −0.085% | $101.5M | $413.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005159 | −0.136% | $163.2M | $95.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005159 | −0.132% | $25.9M | $71.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005159 | −0.144% | $617K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005173 | +0.135% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005172 | +0.124% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005158 | −0.155% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005175 | +0.174% | $590K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005165 | −0.024% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0310% | 8h | 0.000005158 | −0.163% | $46.2M | $213.7M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0332% | 1h | 0.000005160 | −0.116% | $74K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005159 | −0.141% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005162 | −0.077% | $48.4M | $721.4M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0453% | 1h | 0.000005156 | −0.195% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0518% | 8h | 0.000005167 | +0.012% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0545% | 8h | 0.000005186 | +0.387% | $4.4M | $29.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0576% | 8h | 0.000005155 | −0.213% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005169 | +0.058% | $702K | $38.3M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005162 | −0.077% | $623 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0672% | 1h | 0.000005154 | −0.232% | $156K | $818K | 25x | as long as short |
| Lighter 1000PEPE | +0.0736% | 1h | 0.000005170 | +0.077% | $622K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0738% | 1h | 0.000005162 | −0.080% | $165K | $955K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0757% | 8h | 0.000005164 | −0.031% | — | $2.3M | — | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0782% | 1h | 0.000005187 | +0.405% | $72K | $848K | 15x | as long as short |
| Aevo 1000PEPE-PERPlong | +0.0784% | 1h | 0.000005166 | long leg | $146K | — | 3x | |
| MEXC PEPE_USDT | +0.0788% | 8h | 0.000005157 | −0.170% | $98.5M | $301.8M | 300x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0789% | 8h | 0.000005165 | −0.027% | $143.0M | $1.44B | 75x | |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005161 | −0.101% | $547K | $285K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0812% | 8h | 0.000005164 | −0.041% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0898% | 1h | 0.000005168 | +0.039% | $55.2M | $154.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −3.213% | $63K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Backpack kPEPE_USDC_PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]