Funding you earn now, next payment 07:00 UTC+0.0459%/8h= +50.3% APRpaid last 24h −0.038%
Price spread now: MEXC against ApeX Omni+0.196%51s7-day average +0.038% · 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—prices read too far apart to compare
costs, in and out, $10k−$230.231% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.196%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.158% dearer against ApeX Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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 | 0.000005094 | 0.0310 | pay 0.0039% / 1h | 18m 34s | $154K | $824K | 25x |
| Short | MEXC PEPE_USDT | 0.000005104 | 0.0769 | get 0.0769% / 8h | 1h 18m | $98.6M | $305.7M | 300x |
ApeX Omni 1000PEPEUSDT
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $96.44
- Price spread: +0.196% → +0.038%
- $15.8
- Slippage, 4 orders
- −$13.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $89.15
- Costs to cover
- 0.231%
- Break-even
- 0.5 days
Slippage from ApeX Omni: live order book, 25 min ago; MEXC: 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, 25 min ago | 2.51 bp | 11.1 bp −$11 | 55.9 bp −$559 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.10 bp | 1.4 bp −$1 | 11.5 bp −$115 | 46.7 bp −$4,672 | 77.7 bp −$38.8K |
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 | 0.000005109 | +0.294% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005094 | +0.003% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005093 | −0.024% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005101 | +0.137% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005099 | +0.098% | $99.3M | $419.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005098 | +0.079% | $162.4M | $97.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005104 | +0.194% | $26.0M | $72.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005098 | +0.071% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005087 | −0.144% | $28K | $542K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005102 | +0.167% | $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 | 0.000005098 | +0.084% | $591K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0181% | 1h | 0.000005097 | +0.059% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005097 | +0.062% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0285% | 8h | 0.000005099 | +0.102% | $45.6M | $215.9M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0310% | 1h | 0.000005094 | long leg | $154K | $824K | 25x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0339% | 1h | 0.000005095 | +0.020% | $73K | $127K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0394% | 8h | 0.000005096 | +0.037% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0397% | 8h | 0.000005098 | +0.079% | $47.2M | $724.7M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0429% | 1h | 0.000005098 | +0.075% | $73K | $860K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0458% | 1h | 0.000005095 | +0.024% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0509% | 8h | 0.000005100 | +0.121% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0518% | 8h | 0.000005095 | +0.020% | $4.4M | $29.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0565% | 8h | 0.000005099 | +0.098% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005096 | +0.039% | $680K | $38.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0680% | 1h | 0.000005105 | +0.216% | $608K | $9.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005102 | +0.157% | $615 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0730% | 8h | 0.000005100 | +0.122% | — | $2.3M | — | as long as short |
| Nado kPEPE-PERP | +0.0752% | 1h | 0.000005102 | +0.154% | $164K | $959K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0763% | 8h | 0.000005098 | +0.088% | $1.7M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0768% | 8h | 0.000005100 | +0.122% | $140.3M | $1.47B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000005098 | +0.073% | $541K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005100 | +0.118% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDTshort | +0.0769% | 8h | 0.000005104 | +0.196% | $98.6M | $305.7M | 300x | |
| Hyperliquid kPEPE | +0.0947% | 1h | 0.000005107 | +0.255% | $52.9M | $156.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2257% | 1h | 0.000005000 | −1.845% | $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
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]