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 07:00 UTC+0.0234%/8h= +25.7% APRpaid last 24h +0.055%
Price spread now: Extended against BloFin−0.131%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.122%−$12 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.131%, 7d avg +0.018%
Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.149% cheaper against BloFin than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.018%). If the spread goes back, that is −$15 on $10k: about 2.1 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PEPE-USDT0.0000051780.0518pay 0.0518% / 8h1h 00m$4.4M$30.0M75x
ShortExtended 1000PEPE-USD0.0000051710.0752get 0.0094% / 1h0m 46s$542K$286K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
$49.21
Price spread: −0.131% → +0.018%
−$14.92
Slippage, 4 orders
−$19.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1.95
Costs to cover
0.362%
Break-even
7.3 days
Slippage from BloFin: live order book, 3 min ago; Extended: live order book, 42 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 BloFin live order book, 3 min ago4.83 bp10.8 bp −$1111.6 bp −$11622.9 bp −$2,29158.0 bp −$29.0K
Sell Extended live order book, 42 min ago2.91 bp7.3 bp −$743.0 bp −$430doesn'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
Injective PEPE/USDC PERP−0.0016%1h0.000005162−0.309%$8K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005152−0.503%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005161−0.332%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005158−0.386%$60K$182K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005172−0.112%$101.3M$422.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005170−0.154%$164.5M$97.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005174−0.085%$606K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005170−0.159%$28K$545K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005170−0.154%$1K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005178−0.006%$601K$4.2M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PEPEUSDTM+0.0109%8h0.000005174−0.070%$26.5M$72.7M75xas long as short
SoDEX 1000PEPE-USD+0.0180%1h0.000005175−0.058%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005164−0.265%$8K15xas long as short
Bitget PEPEUSDT+0.0282%8h0.000005172−0.108%$46.4M$216.6M75xas long as short
OKX PEPE-USDT-SWAP+0.0399%8h0.000005175−0.058%$47.7M$739.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0402%8h0.000005167−0.207%$34K$26K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0441%1h0.000005174−0.077%$150K$830K25xas long as short
Kraken Futures PF_PEPEUSD+0.0451%1h0.000005177−0.028%$4.7M$16.5M50xas long as short
Backpack kPEPE_USDC_PERP+0.0471%1h0.000005175−0.058%$76K$867K15xas long as short
Paradex kPEPE-USD-PERP+0.0517%8h0.000005148−0.580%$6K20xas long as short
BloFin PEPE-USDTlong+0.0518%8h0.000005178long leg$4.4M$30.0M75x
Phemex u1000PEPEUSDT+0.0522%8h0.000005176−0.039%$2.4M$8.1M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005171−0.135%$698K$39.1M50xas long as short
01 Exchange kPEPEUSD+0.0680%1h0.000005169−0.174%$623$3K10xas long as short
Nado kPEPE-PERP+0.0705%1h0.000005163−0.282%$165K$954K10xas long as short
BingX 1000PEPE-USDC+0.0723%8h0.000005172−0.108%$2.3Mas long as short
Lighter 1000PEPE+0.0728%1h0.000005180+0.039%$619K$9.1M10xas long as short
Aster 1000PEPEUSDT+0.0745%8h0.000005169−0.170%$1.8M$11.7M50xas long as short
Extended 1000PEPE-USDshort+0.0752%1h0.000005171−0.131%$542K$286K25x
Binance 1000PEPEUSDT+0.0756%8h0.000005173−0.095%$142.3M$1.47B75xas long as short
MEXC PEPE_USDT+0.0758%8h0.000005176−0.031%$100.9M$307.5M300xas long as short
Aevo 1000PEPE-PERP+0.0760%1h0.000005163−0.290%$146K3xas long as short
Hyperliquid kPEPE+0.0957%1h0.000005177−0.019%$53.8M$156.9M10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1106%1h0.000005171−0.135%$74K$127K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1133% / S −0.2249%1h0.000005000−3.438%$64K100xas long as short