Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.40 per $10,000 · paid last 24h +0.060%
Price spread now: Aster against BingX−0.012%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 7 days+0.151%+$15 · spread now −0.012%, 7d avg +0.106%
Together, before fees+0.254%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.118% cheaper against BingX than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.106%). If the spread goes back, that is −$12 on $10k: about 9.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000PEPE-USDC0.0000048230.0808pay 0.0808% / 8h1h 32m$2.3M
ShortAster 1000PEPEUSDT0.0000048230.0848get 0.0848% / 8h1h 32m$1.5M$7.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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

Funding earned
$8.46
Price spread: −0.012% → +0.106%
−$11.78
Slippage, 4 orders
−$30.65
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$51.96
Costs to cover
0.486%
Break-even
50.0 days
Slippage from BingX: live order book, 1 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago0.73 bp15.1 bp −$1528.4 bp −$284100.8 bp −$10.1K304.7 bp −$152.3K
Sell Aster live order book, 1 min ago1.24 bp7.3 bp −$711.1 bp −$111doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000004823−0.001%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004824+0.008%$14K150xas long as short
Lighter 1000PEPE+0.0096%1h0.000004829+0.116%$579K$5.5M10xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004824+0.012%$62.0M$78.8M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004827+0.075%$60K$113K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004816−0.153%$87.1M$280.4M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004822−0.029%$150.8M$62.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004824+0.021%$24.7M$53.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004851+0.571%$581K$4.0Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004847+0.492%$27K$344K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h0.000004834+0.222%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004830+0.137%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004837+0.276%$547K$3.5M75xas long as short
Bitget PEPEUSDT+0.0150%8h0.000004818−0.116%$42.4M$151.7M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004820−0.078%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0204%8h0.000004818−0.112%$41.8M$491.4M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0213% / S −0.0092%1h0.000004000−17.071%$54K100xas long as short
BloFin PEPE-USDT+0.0324%8h0.000004829+0.116%$3.9M$22.2M75xas long as short
Paradex kPEPE-USD-PERP+0.0364%8h0.000004827+0.077%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0403%8h0.000004823−0.015%$2.3M$6.4M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0445%8h0.000004830+0.139%$30K$11K20xas long as short
01 Exchange kPEPEUSD+0.0448%1h0.000004823−0.008%$552$2K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0448%1h0.000004835+0.240%$590K$25.7M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0579%1h0.000004830+0.137%$82K$94K25xas long as short
Backpack kPEPE_USDC_PERP+0.0593%1h0.000004830+0.137%$92K$615K15xas long as short
ApeX Omni 1000PEPEUSDT+0.0709%1h0.000004846+0.469%$103K$764K25xas long as short
Nado kPEPE-PERP+0.0741%1h0.000004820−0.067%$185K$855K10xas long as short
BingX 1000PEPE-USDClong+0.0808%8h0.000004823long leg$2.3M
MEXC PEPE_USDT+0.0821%8h0.000004825+0.027%$91.4M$283.8M300xas long as short
Binance 1000PEPEUSDT+0.0821%8h0.000004820−0.067%$130.5M$1.03B75xas long as short
Extended 1000PEPE-USD+0.0824%1h0.000004823−0.004%$532K$148K25xas long as short
Aevo 1000PEPE-PERP+0.0824%1h0.000004832+0.178%$137K3xas long as short
Aster 1000PEPEUSDTshort+0.0848%8h0.000004823−0.012%$1.5M$7.0M50x
Injective PEPE/USDC PERP+0.0873%1h0.000004822−0.029%$4K$103K12xas long as short
Kraken Futures PF_PEPEUSD+0.1321%1h0.000004828+0.096%$4.0M$13.3M50xas long as short