Funding you earn now, next payment 16:00 UTC−0.0192%/8h= −21.0% APRnext payment −$1.92 per $10,000 · paid last 24h −0.097%
Price spread now: KuCoin against BingX+0.053%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$550.555% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now +0.053%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDC | 0.000004948 | 0.0292 | pay 0.0292% / 8h | 5h 48m | — | $2.3M | — |
| Short | KuCoin PEPEUSDTM | 0.000004951 | 0.0100 | get 0.0100% / 8h | 5h 48m | $24.9M | $75.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$40.32
- Price spread: +0.053% → +0.039%
- $1.38
- Slippage, 4 orders
- −$33.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$94.41
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 0.81 bp | 13.7 bp −$14 | 17.1 bp −$171 | 78.9 bp −$7,887 | 261.7 bp −$130.8K |
| Sell KuCoin live order book, 4 min ago | 1.11 bp | 12.7 bp −$13 | 22.3 bp −$223 | doesn't fit | doesn't fit |
PEPE on 35 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0371% | 1h | 0.000004944 | −0.085% | $4.6M | $15.8M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004947 | −0.016% | $3K | — | 150x | as long as short |
| 01 Exchange kPEPEUSD | +0.0056% | 1h | 0.000004945 | −0.065% | $596 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004949 | +0.016% | $596K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004951 | +0.063% | $147K | $943K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004949 | +0.016% | $50.1M | $155.1M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004951 | +0.057% | $57K | $194K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004951 | +0.067% | $94.2M | $442.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004948 | −0.004% | $152.3M | $102.1M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000004951 | +0.053% | $24.9M | $75.9M | 75x |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004951 | +0.049% | $43.6M | $231.1M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004947 | −0.016% | $75K | $990K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004937 | −0.221% | $642K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004941 | −0.147% | $27K | $571K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004944 | −0.085% | $143K | $850K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004956 | +0.150% | $2K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004946 | −0.044% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004946 | −0.034% | $580K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004943 | −0.113% | $2.3M | $7.9M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0110% | 8h | 0.000004945 | −0.062% | $6K | — | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0123% | 8h | 0.000004952 | +0.077% | $44.4M | $721.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0154% | 1h | 0.000004947 | −0.024% | $57K | $115K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004938 | −0.210% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0252% | 8h | 0.000004945 | −0.065% | $4.3M | $28.7M | 75x | as long as short |
| Binance 1000PEPEUSDT | +0.0260% | 8h | 0.000004953 | +0.093% | $128.4M | $1.52B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0264% | 1h | 0.000004949 | +0.022% | $518K | $285K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0265% | 8h | 0.000004953 | +0.095% | $102.1M | $295.4M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0272% | 1h | 0.000004945 | −0.065% | $140K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0273% | 8h | 0.000004957 | +0.168% | $1.7M | $12.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004946 | −0.044% | $4K | $122K | 12x | as long as short |
| BingX 1000PEPE-USDClong | +0.0292% | 8h | 0.000004948 | long leg | — | $2.3M | — | |
| dYdX PEPE-USD | +0.0333% | 1h | 0.000004951 | +0.047% | $25K | $18K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0338% | 8h | 0.000004950 | +0.030% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004948 | −0.004% | $732K | $38.8M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0839% / S −0.0953% | 1h | 0.000004000 | −19.163% | $50K | — | 100x | as long as short |
BingX 1000PEPE-USDC
KuCoin PEPEUSDTM
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Injective PEPE/USDC PERP
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]