Funding you earn now, next payment 07:00 UTC+0.0646%/8h= +70.7% APRnext payment +$0.81 per $10,000 · paid last 24h −0.035%
Price spread now: ApeX Omni against Injective+0.116%7-day average −0.556% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.116%, 7d avg −0.556%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and ApeX Omni is 0.672% dearer against Injective than usual: you sell high and buy low: +$67 more if the spread goes back to its 7-day average of −0.556%. Mind the row above: over the last 7 days funding on this pair cost −0.292%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.292% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.81 per $10,000. 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 | Injective PEPE/USDC PERP | 0.000005161 | −0.0016 | get 0.0002% / 1h | 48m 18s | $10K | $119K | 12x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005167 | 0.0629 | get 0.0079% / 1h | 48m 18s | $156K | $820K | 25x |
Injective PEPE/USDC PERP
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $135.58
- Price spread: +0.116% → −0.556%
- $67.22
- Slippage, 4 orders
- −$101.09
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $91.69
- Costs to cover
- 1.111%
- Break-even
- 2.3 days
Slippage from Injective: live order book, 60 min ago; ApeX Omni: live order book, 61 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 Injective live order book, 60 min ago | 16.91 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 61 min ago | 1.29 bp | 9.4 bp −$9 | 96.8 bp −$968 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERPlong | −0.0016% | 1h | 0.000005161 | long leg | $10K | $119K | 12x | |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005158 | −0.066% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005145 | −0.312% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005160 | −0.019% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005148 | −0.252% | $101.3M | $414.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005147 | −0.271% | $163.8M | $96.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005150 | −0.205% | $25.9M | $72.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | −0.123% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005165 | +0.085% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005157 | −0.078% | $2K | $2.6M | 20x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005152 | −0.174% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005153 | −0.149% | $594K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005151 | −0.200% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0303% | 8h | 0.000005149 | −0.238% | $46.1M | $214.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005153 | −0.163% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005151 | −0.194% | $48.3M | $723.4M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0433% | 1h | 0.000005156 | −0.097% | $73K | $849K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0453% | 1h | 0.000005151 | −0.185% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0508% | 8h | 0.000005159 | −0.040% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0527% | 1h | 0.000005150 | −0.213% | $73K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005145 | −0.310% | $4.5M | $29.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0560% | 1h | 0.000005156 | −0.097% | $620K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0581% | 8h | 0.000005151 | −0.200% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005156 | −0.097% | $668K | $38.6M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0629% | 1h | 0.000005167 | +0.116% | $156K | $820K | 25x | |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005153 | −0.155% | $622 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0730% | 1h | 0.000005150 | −0.219% | $163K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0749% | 8h | 0.000005148 | −0.262% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0774% | 8h | 0.000005152 | −0.182% | $142.2M | $1.45B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005149 | −0.227% | $547K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0776% | 1h | 0.000005152 | −0.174% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0778% | 8h | 0.000005149 | −0.240% | $98.6M | $302.5M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0791% | 8h | 0.000005155 | −0.118% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0949% | 1h | 0.000005156 | −0.097% | $55.1M | $154.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −3.120% | $63K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]