Funding you earn now, next payment 07:00 UTC+0.0303%/8h= +33.2% APRpaid last 24h −0.028%
Price spread now: BloFin against ApeX Omni+0.295%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.295%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.330% dearer against ApeX Omni than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% 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 | ApeX Omni 1000PEPEUSDT | 0.000005079 | 0.0230 | pay 0.0029% / 1h | 28m 00s | $154K | $822K | 25x |
| Short | BloFin PEPE-USDT | 0.000005094 | 0.0533 | get 0.0533% / 8h | 1h 28m | $4.6M | $29.3M | 75x |
ApeX Omni 1000PEPEUSDT
BloFin PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $63.62
- Price spread: +0.295% → −0.035%
- $33.02
- Slippage, 4 orders
- −$21.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $53.56
- Costs to cover
- 0.431%
- Break-even
- 1.1 days
Slippage from ApeX Omni: live order book, 16 min ago; BloFin: live order book, 6 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 ApeX Omni live order book, 16 min ago | 2.51 bp | 11.1 bp −$11 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.95 bp | 10.3 bp −$10 | 12.7 bp −$127 | 28.2 bp −$2,821 | 64.1 bp −$32.1K |
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 | 0.000005102 | +0.453% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005070 | −0.184% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005077 | −0.032% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005086 | +0.138% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005084 | +0.098% | $99.1M | $419.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005076 | −0.059% | $161.5M | $97.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005084 | +0.104% | $25.8M | $72.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005079 | −0.008% | $595K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005076 | −0.066% | $28K | $543K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005089 | +0.201% | $2K | $2.7M | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005081 | +0.039% | $588K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0167% | 1h | 0.000005080 | +0.020% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005091 | +0.231% | $8K | — | 15x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0230% | 1h | 0.000005079 | long leg | $154K | $822K | 25x | |
| Bitget PEPEUSDT | +0.0289% | 8h | 0.000005085 | +0.124% | $45.5M | $215.6M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0341% | 1h | 0.000005080 | +0.020% | $72K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0390% | 8h | 0.000005080 | +0.026% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005084 | +0.098% | $47.2M | $721.7M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0419% | 1h | 0.000005084 | +0.100% | $73K | $859K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0459% | 1h | 0.000005079 | +0.008% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0501% | 8h | 0.000005080 | +0.023% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDTshort | +0.0533% | 8h | 0.000005094 | +0.295% | $4.6M | $29.3M | 75x | |
| Phemex u1000PEPEUSDT | +0.0588% | 8h | 0.000005084 | +0.091% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005083 | +0.079% | $605K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005088 | +0.177% | $684K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005089 | +0.197% | $813 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0731% | 8h | 0.000005085 | +0.110% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005085 | +0.118% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0764% | 8h | 0.000005082 | +0.067% | $98.2M | $304.8M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0767% | 8h | 0.000005088 | +0.185% | $1.7M | $11.8M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0767% | 8h | 0.000005087 | +0.158% | $139.6M | $1.46B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0767% | 1h | 0.000005082 | +0.064% | $163K | $959K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000005080 | +0.018% | $538K | $280K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0947% | 1h | 0.000005087 | +0.158% | $52.6M | $156.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2257% | 1h | 0.000005000 | −1.555% | $63K | — | 100x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Nado kPEPE-PERP
Extended 1000PEPE-USD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]