PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0175%/8h= −19.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.097%

Price spread now: BloFin against Aster+0.132%62s7-day average −0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as 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−$380.380% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.132%, 7d avg −0.100%

Together, before fees+0.161%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.232% dearer against Aster than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.100%): +$23 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.4 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000005003	0.0573	pay 0.0573% / 8h	6h 58m	$1.8M	$12.3M	50x
Short	BloFin PEPE-USDT	0.000005010	0.0397	get 0.0397% / 8h	6h 58m	$4.4M	$30.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$36.81
Price spread: +0.132% → −0.100%: $23.2
Slippage, 4 orders: −$17.99
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$51.59
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from Aster: live order book, 6 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 Aster live order book, 6 min ago	1.40 bp	8.5 bp −$9	15.4 bp −$154	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.00 bp	10.1 bp −$10	13.4 bp −$134	24.5 bp −$2,449	70.7 bp −$35.3K

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
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	0.000005004	+0.012%	$57K	$139K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005002	−0.026%	$3K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0026%	1h	0.000004999	−0.090%	$4.6M	$16.7M	50x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000005007	+0.072%	$51.6M	$161.8M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005008	+0.092%	$58K	$197K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005001	−0.038%	$96.2M	$447.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005002	−0.028%	$159.8M	$99.9M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0100%	1h	0.000005006	+0.062%	$66K	$959K	15x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004998	−0.117%	$653K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005005	+0.030%	$27K	$569K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000005009	+0.112%	$146K	$846K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005012	+0.176%	$1K	$2.6M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000005001	−0.048%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005005	+0.022%	$585K	$4.2M	75x	as long as short
Nado kPEPE-PERP	+0.0117%	1h	0.000005005	+0.034%	$152K	$949K	10x	as long as short
Bitget PEPEUSDT	+0.0126%	8h	0.000005005	+0.040%	$44.6M	$225.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0128%	8h	0.000005009	+0.104%	$25.7M	$75.9M	75x	as long as short
01 Exchange kPEPEUSD	+0.0152%	1h	0.000005006	+0.052%	$604	$2K	10x	as long as short
Lighter 1000PEPE	+0.0168%	1h	0.000005005	+0.032%	$591K	$9.0M	10x	as long as short
Phemex u1000PEPEUSDT	+0.0179%	8h	0.000005010	+0.138%	$2.3M	$8.0M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004993	−0.201%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0273%	8h	0.000005003	−0.008%	$45.6M	$742.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0276%	8h	0.000005011	+0.143%	$6K	—	20x	as long as short
Injective PEPE/USDC PERP	+0.0363%	1h	0.000005011	+0.152%	$6K	$121K	12x	as long as short
BloFin PEPE-USDTshort	+0.0397%	8h	0.000005010	+0.132%	$4.4M	$30.1M	75x
Orderly PERP_1000PEPE_USDC	+0.0431%	8h	0.000005008	+0.092%	$32K	$31K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000005008	+0.092%	$664K	$39.4M	50x	as long as short
Extended 1000PEPE-USD	+0.0552%	1h	0.000005002	−0.020%	$525K	$286K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0552%	1h	0.000005006	+0.052%	$142K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0553%	8h	0.000005004	+0.014%	$131.7M	$1.54B	75x	as long as short
MEXC PEPE_USDT	+0.0559%	8h	0.000005009	+0.102%	$99.6M	$303.0M	300x	as long as short
BingX 1000PEPE-USDC	+0.0563%	8h	0.000004995	−0.166%	—	$2.3M	—	as long as short
Aster 1000PEPEUSDTlong	+0.0573%	8h	0.000005003	long leg	$1.8M	$12.3M	50x
GMX PEPE/USD [ETH-USDC]	L +0.0926% / S −0.1034%	1h	0.000005000	−0.068%	$50K	—	100x	as long as short
dYdX PEPE-USD	+0.8700%	1h	0.000005009	+0.122%	$25K	$12K	10x	as long as short