Funding you earn now, next payment 04:00 UTC+0.0469%/8h= +51.3% APRpaid last 24h +0.036%
Price spread now: Binance against edgeX+0.144%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.623%−$62 · spread now +0.144%, 7d avg +0.029%
=Together, before fees−0.636%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.115% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX 1000PEPEUSDC | 0.000005107 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $27K | $424K | 20x |
| Short | Binance 1000PEPEUSDT | 0.000005114 | 0.0569 | get 0.0569% / 8h | 5h 57m | $144.8M | $1.18B | 75x |
edgeX 1000PEPEUSDC
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $98.43
- Price spread: +0.144% → +0.029%
- $11.46
- Slippage, 4 orders
- −$7.79
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $83.1
- Costs to cover
- 0.268%
- Break-even
- 1.1 days
Slippage from edgeX: live order book, 6 min ago; Binance: live order book, 2 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 edgeX live order book, 6 min ago | 0.88 bp | 5.5 bp −$5 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.29 bp | 8.3 bp −$8 | 12.1 bp −$121 | 36.3 bp −$3,628 | doesn't fit |
PEPE on 34 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 | 0.000005098 | −0.163% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005097 | −0.184% | $18K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005103 | −0.075% | $63K | $128K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005112 | +0.100% | $99.8M | $327.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005102 | −0.094% | $163.6M | $72.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005105 | −0.032% | $25.5M | $61.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005119 | +0.246% | $47.8M | $167.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005100 | −0.141% | $681K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005107 | long leg | $27K | $424K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005109 | +0.053% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005108 | +0.023% | $582K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005104 | −0.058% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0280% | 8h | 0.000005118 | +0.219% | $46.2M | $583.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0298% | 8h | 0.000005106 | −0.008% | $33K | $24K | 20x | as long as short |
| BingX 1000PEPE-USDC | +0.0530% | 8h | 0.000005095 | −0.237% | — | $2.3M | — | as long as short |
| Phemex u1000PEPEUSDT | +0.0535% | 8h | 0.000005105 | −0.034% | $2.4M | $7.0M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0541% / S −0.0937% | 1h | 0.000005000 | −2.092% | $48K | — | 100x | as long as short |
| Aevo 1000PEPE-PERP | +0.0560% | 1h | 0.000005103 | −0.075% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0566% | 8h | 0.000005113 | +0.115% | $97.3M | $285.4M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0568% | 1h | 0.000005115 | +0.164% | $562K | $199K | 25x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0569% | 8h | 0.000005114 | +0.144% | $144.8M | $1.18B | 75x | |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005108 | +0.023% | $926K | $30.8M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0647% | 1h | 0.000005110 | +0.062% | $106K | $749K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0671% | 8h | 0.000005107 | +0.012% | $1.7M | $8.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0700% | 8h | 0.000005101 | −0.112% | $6K | — | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0834% | 1h | 0.000005103 | −0.075% | $2K | $12K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0857% | 1h | 0.000005104 | −0.060% | $194K | $858K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0898% | 1h | 0.000005112 | +0.107% | $100K | $610K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0927% | 1h | 0.000005103 | −0.075% | $62K | $114K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | −0.036% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.1104% | 1h | 0.000005122 | +0.297% | $618 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1364% | 1h | 0.000005103 | −0.083% | $4.1M | $14.6M | 50x | as long as short |
| Lighter 1000PEPE | +0.1520% | 1h | 0.000005113 | +0.121% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1956% | 1h | 0.000005115 | +0.160% | $56.5M | $136.6M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BingX 1000PEPE-USDC
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE