Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.097%
Price spread now: Pacifica against Injective−1.115%7-day average −0.531% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 4 days (all we have)+1.261%+$126 · spread now −1.115%, 7d avg −0.531%
=Together, before fees+0.931%+ Points / potential airdropPacifica: Active · farm board+$93 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: Pacifica is 0.584% cheaper against Injective than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of −0.531%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PEPE/USDC PERP | 0.000005381 | 0.0092 | pay 0.0011% / 1h | 49m 15s | $3K | $111K | 12x |
| Short | Pacifica kPEPE | 0.000005321 | 0.0100 | get 0.0013% / 1h | 49m 15s | $69K | $153K | 10x |
Injective PEPE/USDC PERP
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $1.78
- Price spread: −1.115% → −0.531%
- −$58.38
- Slippage, 4 orders
- −$116.29
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$180.91
- Costs to cover
- 1.243%
- Break-even
- 717.0 days
Slippage from Injective: live order book, 4 min ago; Pacifica: live order book, 3 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, 4 min ago | 17.87 bp | 70.3 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 7.49 bp | 20.1 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005311 | −1.299% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005308 | −1.355% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERPlong | +0.0092% | 1h | 0.000005381 | long leg | $3K | $111K | 12x | |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005321 | −1.115% | $69K | $153K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005316 | −1.202% | $103.9M | $369.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005310 | −1.319% | $175.5M | $85.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005314 | −1.254% | $26.9M | $67.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005323 | −1.086% | $765K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005303 | −1.446% | $38K | $492K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005325 | −1.043% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | 0.000005325 | −1.035% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005315 | −1.234% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0253% | 8h | 0.000005319 | −1.150% | $51.6M | $186.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0376% | 8h | 0.000005317 | −1.189% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0416% | 8h | 0.000005321 | −1.115% | $52.3M | $673.2M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0503% | 1h | 0.000005313 | −1.264% | $75K | $126K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0538% | 8h | 0.000005321 | −1.115% | $4.6M | $28.0M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0626% | 8h | 0.000005319 | −1.148% | $2.6M | $7.4M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0712% | 1h | 0.000005323 | −1.078% | $2K | $10K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005324 | −1.059% | $716K | $36.2M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0754% | 8h | 0.000005317 | −1.189% | — | $263.8M | — | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005317 | −1.188% | $563K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005322 | −1.096% | $150K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0803% | 8h | 0.000005321 | −1.117% | $103.5M | $292.1M | 300x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0803% | 8h | 0.000005322 | −1.105% | $6K | — | 20x | as long as short |
| Binance 1000PEPEUSDT | +0.0804% | 8h | 0.000005322 | −1.099% | $154.1M | $1.30B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0885% / S −0.1727% | 1h | 0.000005000 | −7.080% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERP | +0.0885% | 1h | 0.000005322 | −1.103% | $190K | $914K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0932% | 8h | 0.000005314 | −1.241% | $1.9M | $9.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.1264% | 1h | 0.000005325 | −1.041% | $684K | $8.5M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1280% | 1h | 0.000005324 | −1.059% | $642 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1455% | 1h | 0.000005334 | −0.879% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1535% | 1h | 0.000005320 | −1.128% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1726% | 1h | 0.000005324 | −1.059% | $58.2M | $144.2M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.2018% | 1h | 0.000005320 | −1.134% | $176K | $798K | 25x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Paradex kPEPE-USD-PERP
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Nado kPEPE-PERP
Aster 1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
ApeX Omni 1000PEPEUSDT