Funding you earn now, next payment 08:00 UTC+0.0832%/8h= +91.1% APRnext payment +$8.32 per $10,000 · paid last 24h +0.110%
Price spread now: Aster against Bybit−0.040%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now −0.040%, 7d avg +0.092%
=Together, before fees+0.445%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.132% cheaper against Bybit than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.092%). If the spread goes back, that is −$13 on $10k: about 13 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.271% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.271% in total (about 14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.32 per $10,000. 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 | Bybit 1000PEPEUSDT | 0.000005316 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $103.9M | $369.7M | 50x |
| Short | Aster 1000PEPEUSDT | 0.000005314 | 0.0932 | get 0.0932% / 8h | 3h 49m | $1.9M | $9.9M | 50x |
Bybit 1000PEPEUSDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bybit. 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
- $174.78
- Price spread: −0.040% → +0.092%
- −$13.18
- Slippage, 4 orders
- −$15.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $126.92
- Costs to cover
- 0.347%
- Break-even
- 1.9 days
Slippage from Bybit: live order book, 5 min ago; Aster: live order book, 5 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 Bybit live order book, 5 min ago | 0.95 bp | 7.3 bp −$7 | 14.9 bp −$149 | 35.0 bp −$3,502 | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.32 bp | 5.8 bp −$6 | 8.9 bp −$89 | 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 | 0.000005311 | −0.098% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005308 | −0.154% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +1.217% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005321 | +0.088% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDTlong | +0.0100% | 8h | 0.000005316 | long leg | $103.9M | $369.7M | 50x | |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005310 | −0.119% | $175.5M | $85.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005314 | −0.053% | $26.9M | $67.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005323 | +0.118% | $765K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005303 | −0.247% | $38K | $492K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005325 | +0.162% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005325 | +0.169% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005315 | −0.032% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0253% | 8h | 0.000005319 | +0.053% | $51.6M | $186.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0376% | 8h | 0.000005317 | +0.013% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0416% | 8h | 0.000005321 | +0.088% | $52.3M | $673.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0503% | 1h | 0.000005313 | −0.062% | $75K | $126K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0538% | 8h | 0.000005321 | +0.088% | $4.6M | $28.0M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0626% | 8h | 0.000005319 | +0.055% | $2.6M | $7.4M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0712% | 1h | 0.000005323 | +0.126% | $2K | $10K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005324 | +0.145% | $716K | $36.2M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0754% | 8h | 0.000005317 | +0.013% | — | $263.8M | — | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005317 | +0.015% | $563K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005322 | +0.107% | $150K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0803% | 8h | 0.000005321 | +0.087% | $103.5M | $292.1M | 300x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0803% | 8h | 0.000005322 | +0.098% | $6K | — | 20x | as long as short |
| Binance 1000PEPEUSDT | +0.0804% | 8h | 0.000005322 | +0.105% | $154.1M | $1.30B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0885% / S −0.1727% | 1h | 0.000005000 | −5.950% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERP | +0.0885% | 1h | 0.000005322 | +0.101% | $190K | $914K | 10x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0932% | 8h | 0.000005314 | −0.040% | $1.9M | $9.9M | 50x | |
| Lighter 1000PEPE | +0.1264% | 1h | 0.000005325 | +0.164% | $684K | $8.5M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1280% | 1h | 0.000005324 | +0.145% | $642 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1455% | 1h | 0.000005334 | +0.327% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1535% | 1h | 0.000005320 | +0.076% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1726% | 1h | 0.000005324 | +0.145% | $58.2M | $144.2M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.2018% | 1h | 0.000005320 | +0.070% | $176K | $798K | 25x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Paradex kPEPE-USD-PERP
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Nado kPEPE-PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
ApeX Omni 1000PEPEUSDT