Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.047%
Price spread now: BingX against Extended−0.415%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.484%+$48 · spread now −0.415%, 7d avg +0.017%
=Together, before fees+0.472%+ Points / potential airdropExtended: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.432% cheaper against Extended than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000005180 | 0.0784 | pay 0.0098% / 1h | 55m 01s | $547K | $285K | 25x |
| Short | BingX 1000PEPE-USDC | 0.000005158 | 0.0751 | get 0.0751% / 8h | 1h 55m | — | $2.3M | — |
Extended 1000PEPE-USD
BingX 1000PEPE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$6.93
- Price spread: −0.415% → +0.017%
- −$43.2
- Slippage, 4 orders
- −$28.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.11
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from Extended: live order book, 53 min ago; BingX: live order book, 8 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, 53 min ago | 2.98 bp | 7.5 bp −$7 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.07 bp | 14.2 bp −$14 | 21.1 bp −$211 | 91.6 bp −$9,157 | 207.0 bp −$103.5K |
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 | 0.000005156 | −0.461% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005152 | −0.536% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005168 | −0.220% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005159 | −0.403% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005174 | −0.113% | $101.5M | $413.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005175 | −0.094% | $164.0M | $95.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005172 | −0.156% | $25.7M | $71.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005162 | −0.353% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005173 | −0.134% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005186 | +0.116% | $2K | $2.6M | 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
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 | 0.000005171 | −0.166% | $589K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0116% | 1h | 0.000005182 | +0.041% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005176 | −0.076% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0310% | 8h | 0.000005177 | −0.059% | $46.4M | $213.7M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005181 | +0.027% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005174 | −0.113% | $48.6M | $723.9M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0451% | 1h | 0.000005179 | −0.017% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0515% | 8h | 0.000005158 | −0.422% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005178 | −0.036% | $4.6M | $29.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0547% | 1h | 0.000005181 | +0.014% | $72K | $848K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0571% | 8h | 0.000005179 | −0.013% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005184 | +0.080% | $624K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005177 | −0.056% | $704K | $38.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005156 | −0.461% | $622 | $3K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0716% | 1h | 0.000005180 | +0.002% | $74K | $127K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0739% | 1h | 0.000005173 | −0.133% | $164K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDCshort | +0.0751% | 8h | 0.000005158 | −0.415% | — | $2.3M | — | |
| Extended 1000PEPE-USDlong | +0.0784% | 1h | 0.000005180 | long leg | $547K | $285K | 25x | |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005178 | −0.036% | $146K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0785% | 8h | 0.000005177 | −0.056% | $143.0M | $1.44B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0788% | 8h | 0.000005180 | +0.010% | $98.7M | $301.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0812% | 8h | 0.000005175 | −0.087% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0930% | 1h | 0.000005182 | +0.041% | $55.3M | $154.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −3.473% | $63K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1244% | 1h | 0.000005189 | +0.176% | $157K | $818K | 25x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT