Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRpaid last 24h −0.107%
Price spread now: Phemex against Extended+0.066%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.066%, 7d avg +0.046%
=Together, before fees−0.159%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.166% in total (about -8.6% 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 | Extended 1000PEPE-USD | 0.000005149 | 0.0712 | pay 0.0089% / 1h | 13m 57s | $542K | $282K | 25x |
| Short | Phemex u1000PEPEUSDT | 0.000005153 | 0.0455 | get 0.0455% / 8h | 13m 57s | $2.4M | $8.1M | 50x |
Extended 1000PEPE-USD
Phemex u1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$53.87
- Price spread: +0.066% → +0.046%
- $1.93
- Slippage, 4 orders
- −$39.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$108.57
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Phemex: 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 Extended live order book, 24 min ago | 3.88 bp | 8.4 bp −$8 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 6.96 bp | 24.7 bp −$25 | 37.1 bp −$371 | 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 | 0.000005151 | +0.039% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005148 | −0.035% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005154 | +0.091% | $60K | $184K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005151 | +0.033% | $99.3M | $430.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005149 | −0.006% | $163.3M | $99.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005150 | +0.008% | $613K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005154 | +0.083% | $28K | $548K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005157 | +0.149% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005151 | +0.031% | $600K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0127% | 8h | 0.000005155 | +0.116% | $27.0M | $74.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0130% | 1h | 0.000005153 | +0.072% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005141 | −0.156% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0250% | 8h | 0.000005151 | +0.039% | $46.3M | $220.2M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0298% | 1h | 0.000005173 | +0.460% | $150K | $834K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0362% | 8h | 0.000005152 | +0.052% | $47.7M | $748.1M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005142 | −0.142% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0414% | 8h | 0.000005154 | +0.083% | $34K | $26K | 20x | as long as short |
| Phemex u1000PEPEUSDTshort | +0.0455% | 8h | 0.000005153 | +0.066% | $2.4M | $8.1M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0460% | 8h | 0.000005158 | +0.170% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0484% | 8h | 0.000005148 | −0.026% | $4.5M | $30.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0505% | 1h | 0.000005151 | +0.037% | $78K | $891K | 15x | as long as short |
| Lighter 1000PEPE | +0.0520% | 1h | 0.000005155 | +0.110% | $619K | $9.1M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0527% | 1h | 0.000005152 | +0.052% | $73K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005154 | +0.091% | $672K | $39.8M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0686% | 8h | 0.000005152 | +0.052% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0704% | 1h | 0.000005156 | +0.130% | $622 | $2K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0708% | 1h | 0.000005152 | +0.057% | $166K | $958K | 10x | as long as short |
| Extended 1000PEPE-USDlong | +0.0712% | 1h | 0.000005149 | long leg | $542K | $282K | 25x | |
| Kraken Futures PF_PEPEUSD | +0.0713% | 1h | 0.000005148 | −0.033% | $4.8M | $16.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0714% | 8h | 0.000005153 | +0.066% | $142.1M | $1.50B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0716% | 8h | 0.000005152 | +0.054% | $101.2M | $308.8M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0718% | 8h | 0.000005154 | +0.095% | $1.7M | $12.0M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000005154 | +0.091% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0920% | 1h | 0.000005157 | +0.149% | $53.7M | $159.3M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1281% | 1h | 0.000005000 | −2.900% | $50K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]