Funding you earn now, next payment 06:00 UTC−0.0745%/8h= −81.6% APRpaid last 24h −0.107%
Price spread now: Pacifica against Aster−0.022%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.022%, 7d avg −0.045%
=Together, before fees−0.212%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.024% dearer against Aster than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.045%): +$2 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.148% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% 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 | Aster 1000PEPEUSDT | 0.000005082 | 0.0845 | pay 0.0845% / 8h | 2h 17m | $1.8M | $11.3M | 50x |
| Short | Pacifica kPEPE | 0.000005081 | 0.0100 | get 0.0013% / 1h | 17m 20s | $58K | $178K | 10x |
Aster 1000PEPEUSDT
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Aster. 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
- −$156.43
- Price spread: −0.022% → −0.045%
- $2.35
- Slippage, 4 orders
- −$25.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$195.13
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Pacifica: live order book, 30 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, 2 min ago | 1.57 bp | 10.3 bp −$10 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 30 min ago | 4.97 bp | 12.5 bp −$13 | 21.8 bp −$218 | 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 | 0.000005079 | −0.061% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005074 | −0.161% | $3K | — | 150x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005081 | −0.022% | $58K | $178K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005077 | −0.100% | $99.7M | $407.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005078 | −0.081% | $162.4M | $94.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005081 | −0.024% | $25.3M | $71.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005062 | −0.403% | $602K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005066 | −0.323% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005109 | +0.537% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005101 | +0.378% | $573K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005081 | −0.023% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0244% | 1h | 0.000005102 | +0.392% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0334% | 8h | 0.000005078 | −0.071% | $45.3M | $211.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0393% | 8h | 0.000005079 | −0.053% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0423% | 8h | 0.000005079 | −0.061% | $46.8M | $699.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0538% | 1h | 0.000005078 | −0.081% | $72K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005093 | +0.214% | $4.4M | $28.6M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0569% | 8h | 0.000005080 | −0.050% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0606% | 8h | 0.000005104 | +0.439% | $2.4M | $7.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005086 | +0.077% | $602K | $9.1M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0672% | 1h | 0.000005094 | +0.228% | $74K | $835K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0673% | 1h | 0.000005087 | +0.100% | $168K | $944K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005106 | +0.470% | $655K | $37.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0688% | 1h | 0.000005083 | +0.018% | $613 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005080 | −0.049% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005075 | −0.136% | $539K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005083 | +0.018% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0802% | 8h | 0.000005082 | −0.012% | $97.6M | $303.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0802% | 8h | 0.000005080 | −0.047% | $142.1M | $1.42B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0837% | 1h | 0.000005100 | +0.344% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0845% | 8h | 0.000005082 | long leg | $1.8M | $11.3M | 50x | |
| ApeX Omni 1000PEPEUSDT | +0.0878% | 1h | 0.000005093 | +0.214% | $156K | $814K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0998% | 1h | 0.000005087 | +0.096% | $53.9M | $152.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2171% | 1h | 0.000005000 | −1.615% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005027 | −1.084% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
ApeX Omni 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP