Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.029%
Price spread now: Extended against BingX−0.004%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.296%−$30 · spread now −0.004%, 7d avg −0.035%
=Together, before fees−0.301%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.032% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDT | 0.000005157 | 0.0701 | pay 0.0701% / 8h | 4h 24m | — | $262.9M | — |
| Short | Extended 1000PEPE-USD | 0.000005156 | 0.0736 | get 0.0092% / 1h | 24m 26s | $546K | $226K | 25x |
BingX 1000PEPE-USDT
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $7.35
- Price spread: −0.004% → −0.035%
- $3.16
- Slippage, 4 orders
- −$11.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.57
- Costs to cover
- 0.261%
- Break-even
- 21.8 days
Slippage from BingX: live order book, 15 min ago; Extended: live order book, 33 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 BingX live order book, 15 min ago | 0.59 bp | 5.6 bp −$6 | 6.1 bp −$61 | 15.8 bp −$1,576 | 39.9 bp −$19.9K |
| Sell Extended live order book, 33 min ago | 2.98 bp | 7.4 bp −$7 | 43.1 bp −$431 | 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 | 0.000005152 | −0.098% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005151 | −0.114% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005159 | +0.047% | $66K | $144K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005152 | −0.089% | $100.1M | $357.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005152 | −0.089% | $168.0M | $80.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005153 | −0.066% | $26.1M | $65.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005200 | +0.833% | $761K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005216 | +1.158% | $42K | $463K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005188 | +0.601% | $1K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005185 | +0.547% | $589K | $3.7M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
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 | 0.000005153 | −0.079% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0202% | 8h | 0.000005155 | −0.031% | $47.7M | $179.0M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | +0.318% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0348% | 8h | 0.000005158 | +0.023% | $34K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0380% | 8h | 0.000005156 | −0.012% | $48.5M | $625.7M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0498% | 8h | 0.000005166 | +0.182% | $4.4M | $26.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0581% | 8h | 0.000005159 | +0.047% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005194 | +0.725% | $1.0M | $33.5M | 50x | as long as short |
| BingX 1000PEPE-USDTlong | +0.0701% | 8h | 0.000005157 | long leg | — | $262.9M | — | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0716% | 1h | 0.000005179 | +0.434% | $73K | $125K | 25x | as long as short |
| Extended 1000PEPE-USDshort | +0.0736% | 1h | 0.000005156 | −0.004% | $546K | $226K | 25x | |
| Aevo 1000PEPE-PERP | +0.0736% | 1h | 0.000005148 | −0.167% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0739% | 8h | 0.000005160 | +0.076% | $97.3M | $290.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0741% | 8h | 0.000005160 | +0.059% | $148.5M | $1.26B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0774% / S −0.1542% | 1h | 0.000005000 | −3.037% | $63K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0803% | 8h | 0.000005160 | +0.060% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0835% | 1h | 0.000005184 | +0.531% | $2K | $10K | 10x | as long as short |
| Lighter 1000PEPE | +0.0840% | 1h | 0.000005161 | +0.085% | $593K | $8.3M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0845% | 1h | 0.000005209 | +1.016% | $104K | $744K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0848% | 8h | 0.000005151 | −0.113% | $1.9M | $9.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0889% | 1h | 0.000005158 | +0.022% | $190K | $898K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1144% | 1h | 0.000005165 | +0.163% | $623 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1166% | 1h | 0.000005144 | −0.235% | $97K | $666K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1257% | 1h | 0.000005182 | +0.502% | $4.6M | $15.9M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1601% | 1h | 0.000005160 | +0.066% | $55.7M | $141.9M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE