Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against KuCoin−0.093%7-day average +0.023% · 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−$53as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.093%, 7d avg +0.023%
=Funding pays, the price is against you. Bitget is 0.116% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.023%). If the spread goes back, that is −$12 on $10k: about 3.0 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEPEUSDTM | 0.000005157 | 0.0125 | pay 0.0125% / 8h | 16m 54s | $27.0M | $74.1M | 75x |
| Short | Bitget PEPEUSDT | 0.000005152 | 0.0254 | get 0.0254% / 8h | 16m 54s | $46.3M | $220.2M | 75x |
KuCoin PEPEUSDTM
Bitget PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $27.09
- Price spread: −0.093% → +0.023%
- −$11.63
- Slippage, 4 orders
- −$17.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$25.64
- Costs to cover
- 0.411%
- Break-even
- 13.6 days
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 2 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 KuCoin live order book, 2 min ago | 1.45 bp | 10.6 bp −$11 | 18.8 bp −$188 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.45 bp | 7.5 bp −$7 | 9.4 bp −$94 | 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 | 0.000005160 | +0.047% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005142 | −0.299% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005161 | +0.074% | $60K | $184K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005152 | −0.107% | $99.3M | $430.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005148 | −0.178% | $163.0M | $99.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005163 | +0.105% | $615K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005172 | +0.277% | $28K | $548K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005159 | +0.031% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005142 | −0.287% | $599K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0125% | 8h | 0.000005157 | long leg | $27.0M | $74.1M | 75x |
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-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0144% | 1h | 0.000005155 | −0.043% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005143 | −0.279% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTshort | +0.0254% | 8h | 0.000005152 | −0.093% | $46.3M | $220.2M | 75x | |
| ApeX Omni 1000PEPEUSDT | +0.0298% | 1h | 0.000005173 | +0.306% | $150K | $834K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0366% | 8h | 0.000005155 | −0.043% | $47.7M | $748.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005152 | −0.101% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0415% | 8h | 0.000005151 | −0.126% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0464% | 8h | 0.000005159 | +0.038% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0464% | 8h | 0.000005159 | +0.039% | $2.4M | $8.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0488% | 8h | 0.000005155 | −0.043% | $4.5M | $30.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0519% | 1h | 0.000005158 | +0.019% | $79K | $890K | 15x | as long as short |
| Lighter 1000PEPE | +0.0520% | 1h | 0.000005157 | −0.004% | $619K | $9.1M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0527% | 1h | 0.000005151 | −0.120% | $73K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005143 | −0.275% | $670K | $39.7M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0697% | 8h | 0.000005153 | −0.072% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0712% | 1h | 0.000005162 | +0.093% | $623 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0712% | 1h | 0.000005152 | −0.105% | $4.8M | $16.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0715% | 1h | 0.000005144 | −0.263% | $165K | $958K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0720% | 1h | 0.000005151 | −0.129% | $542K | $282K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000005152 | −0.101% | $146K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0721% | 8h | 0.000005152 | −0.107% | $142.1M | $1.50B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0721% | 8h | 0.000005152 | −0.093% | $101.0M | $308.6M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0723% | 8h | 0.000005155 | −0.039% | $1.7M | $12.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0933% | 1h | 0.000005163 | +0.112% | $53.8M | $159.2M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1281% | 1h | 0.000005000 | −3.048% | $50K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]