Funding you earn now, next payment 08:00 UTC+0.0432%/8h= +47.3% APRpaid last 24h +0.037%
Price spread now: BloFin against edgeX−0.077%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.077%, 7d avg −0.035%
=Together, before fees+0.295%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.042% cheaper against edgeX than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.035%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.173% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% 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 | 0.000005079 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $28K | $543K | 20x |
| Short | BloFin PEPE-USDT | 0.000005075 | 0.0532 | get 0.0532% / 8h | 1h 29m | $4.6M | $29.2M | 75x |
edgeX 1000PEPEUSDC
BloFin PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $90.69
- Price spread: −0.077% → −0.035%
- −$4.17
- Slippage, 4 orders
- −$13.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $52.09
- Costs to cover
- 0.344%
- Break-even
- 3.0 days
Slippage from edgeX: live order book, 14 min ago; BloFin: 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 edgeX live order book, 14 min ago | 1.45 bp | 6.1 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.95 bp | 10.3 bp −$10 | 12.7 bp −$127 | 28.2 bp −$2,821 | 64.1 bp −$32.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005072 | −0.136% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005070 | −0.182% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005072 | −0.140% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005095 | +0.317% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005102 | +0.447% | $99.5M | $418.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005095 | +0.317% | $162.1M | $97.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005095 | +0.323% | $25.8M | $72.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005079 | −0.005% | $595K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005079 | long leg | $28K | $543K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005093 | +0.288% | $1K | $2.7M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
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 | 0.000005097 | +0.361% | $589K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0156% | 1h | 0.000005090 | +0.219% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005082 | +0.053% | $8K | — | 15x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0230% | 1h | 0.000005079 | +0.002% | $154K | $822K | 25x | as long as short |
| Bitget PEPEUSDT | +0.0289% | 8h | 0.000005102 | +0.449% | $45.6M | $215.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0389% | 8h | 0.000005088 | +0.177% | $33K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0402% | 1h | 0.000005092 | +0.264% | $73K | $859K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0410% | 8h | 0.000005105 | +0.514% | $47.3M | $724.4M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0459% | 1h | 0.000005089 | +0.194% | $4.6M | $16.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0499% | 8h | 0.000005105 | +0.524% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDTshort | +0.0532% | 8h | 0.000005075 | −0.077% | $4.6M | $29.2M | 75x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0537% | 1h | 0.000005088 | +0.179% | $73K | $127K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0578% | 8h | 0.000005085 | +0.120% | $2.3M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0592% | 1h | 0.000005094 | +0.298% | $607K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005064 | −0.293% | $685K | $38.3M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005080 | +0.022% | $812 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0727% | 8h | 0.000005102 | +0.465% | — | $217.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005105 | +0.521% | $538K | $280K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005087 | +0.160% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0763% | 8h | 0.000005099 | +0.396% | $97.9M | $304.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0764% | 8h | 0.000005099 | +0.404% | $139.9M | $1.46B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0764% | 8h | 0.000005096 | +0.342% | $1.7M | $11.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0766% | 1h | 0.000005080 | +0.032% | $163K | $959K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0949% | 1h | 0.000005094 | +0.298% | $52.7M | $156.3M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2257% | 1h | 0.000005000 | −1.553% | $63K | — | 100x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
ApeX Omni 1000PEPEUSDT
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]