Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Aevo against Extended+0.208%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,142as in the Price arb table
costs, in and out, $10k−$1,16011.598% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.208%, 7d avg +0.033%
=Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.175% dearer against Extended than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000004737 | 0.0600 | pay 0.0075% / 1h | 23m 07s | $521K | $148K | 25x |
| Short | Aevo 1000PEPE-PERP | 0.000004747 | 0.0608 | get 0.0076% / 1h | 23m 07s | $134K | — | 3x |
Extended 1000PEPE-USD
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Extended. 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
- $1.68
- Price spread: +0.208% → +0.033%
- $17.47
- Slippage, 4 orders
- −$1,138.78
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$1,140.63
- Costs to cover
- 11.598%
- Break-even
- 4759.6 days
Slippage from Extended: live order book, 55 min ago; Aevo: live order book, 56 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 Extended live order book, 55 min ago | 3.13 bp | 7.7 bp −$8 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 56 min ago | 275.11 bp | 584.0 bp −$584 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0199% | 1h | 0.000004744 | +0.145% | $66.7M | $93.5M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004740 | +0.053% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004743 | +0.115% | $13K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004752 | +0.322% | $3.8M | $13.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004741 | +0.081% | $59K | $116K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004737 | −0.003% | $86.0M | $291.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004748 | +0.229% | $149.3M | $64.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004750 | +0.267% | $24.2M | $54.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004753 | +0.341% | $42.0M | $150.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004753 | +0.334% | $536K | $4.1M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004750 | +0.263% | $25K | $349K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004745 | +0.166% | $99K | $754K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004754 | +0.352% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004752 | +0.314% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004750 | +0.273% | $534K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0112% | 1h | 0.000004754 | +0.356% | $581K | $6.4M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0178% | 8h | 0.000004744 | +0.138% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0184% | 8h | 0.000004758 | +0.436% | $2.3M | $6.5M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004747 | +0.204% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0200% | 8h | 0.000004738 | +0.018% | $41.2M | $493.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0272% | 1h | 0.000004745 | +0.166% | $544 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0322% | 8h | 0.000004749 | +0.250% | $3.9M | $22.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000004751 | +0.282% | $29K | $13K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0382% / S −0.0344% | 1h | 0.000004000 | −15.561% | $46K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004745 | +0.166% | $560K | $25.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004755 | +0.377% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0573% | 1h | 0.000004754 | +0.358% | $90K | $602K | 15x | as long as short |
| BingX 1000PEPE-USDT | +0.0584% | 8h | 0.000004748 | +0.223% | — | $257.0M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0595% | 8h | 0.000004750 | +0.261% | $1.5M | $7.3M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0599% | 8h | 0.000004740 | +0.064% | $130.6M | $1.06B | 75x | as long as short |
| Extended 1000PEPE-USDlong | +0.0600% | 1h | 0.000004737 | long leg | $521K | $148K | 25x | |
| MEXC PEPE_USDT | +0.0605% | 8h | 0.000004754 | +0.349% | $88.6M | $281.8M | 300x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0608% | 1h | 0.000004747 | +0.208% | $134K | — | 3x | |
| Nado kPEPE-PERP | +0.0662% | 1h | 0.000004745 | +0.166% | $181K | $849K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1014% | 1h | 0.000004752 | +0.314% | $76K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL