Funding you earn now, next payment 08:00 UTC+0.0342%/8h= +37.5% APRnext payment +$3.42 per $10,000 · paid last 24h +0.096%
Price spread now: Aster against OKX+0.015%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days+0.151%+$15 · spread now +0.015%, 7d avg +0.074%
=Together, before fees+0.347%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.059% cheaper against OKX than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.074%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.196% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.42 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 | OKX PEPE-USDT-SWAP | 0.000004930 | 0.0188 | pay 0.0188% / 8h | 7h 34m | $43.3M | $522.2M | 50x |
| Short | Aster 1000PEPEUSDT | 0.000004931 | 0.0530 | get 0.0530% / 8h | 7h 34m | $1.5M | $7.5M | 50x |
OKX PEPE-USDT-SWAP
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against OKX. 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
- $71.88
- Price spread: +0.015% → +0.074%
- −$5.87
- Slippage, 4 orders
- −$12.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $35.71
- Costs to cover
- 0.303%
- Break-even
- 3.5 days
Slippage from OKX: live order book, 4 min ago; Aster: live order book, 4 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 OKX live order book, 4 min ago | 1.02 bp | 7.9 bp −$8 | 11.1 bp −$111 | 36.8 bp −$3,685 | doesn't fit |
| Sell Aster live order book, 4 min ago | 2.55 bp | 7.2 bp −$7 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0119% | 1h | 0.000004933 | +0.060% | $3.9M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004928 | −0.039% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004929 | −0.030% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004931 | +0.020% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004925 | −0.099% | $90.4M | $301.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004925 | −0.101% | $156.0M | $65.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004930 | +0.006% | $25.4M | $55.9M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004930 | +0.002% | $43.2M | $151.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004921 | −0.188% | $575K | $4.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004900 | −0.613% | $26K | $352K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004927 | −0.053% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004933 | +0.061% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004926 | −0.073% | $557K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004935 | +0.108% | $2.4M | $6.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0188% | 8h | 0.000004930 | long leg | $43.3M | $522.2M | 50x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004921 | −0.179% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0197% | 8h | 0.000004928 | −0.034% | $6K | $16 | 20x | as long as short |
| Hyperliquid kPEPE | +0.0264% | 1h | 0.000004937 | +0.142% | $58.1M | $114.2M | 10x | as long as short |
| Lighter 1000PEPE | +0.0272% | 1h | 0.000004939 | +0.183% | $578K | $6.7M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0299% | 8h | 0.000004936 | +0.126% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0308% | 8h | 0.000004932 | +0.041% | $4.0M | $23.4M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004937 | +0.142% | $587K | $26.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0410% | 1h | 0.000004921 | −0.189% | $192K | $851K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0455% | 1h | 0.000004932 | +0.041% | $102K | $754K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0456% | 1h | 0.000004927 | −0.061% | $1K | $2K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0462% / S −0.0690% | 1h | 0.000004000 | −18.864% | $46K | — | 100x | as long as short |
| BingX 1000PEPE-USDT | +0.0488% | 8h | 0.000004927 | −0.059% | — | $257.0M | — | as long as short |
| Extended 1000PEPE-USD | +0.0504% | 1h | 0.000004929 | −0.014% | $541K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0506% | 8h | 0.000004930 | −0.002% | $97.1M | $282.7M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0508% | 8h | 0.000004931 | +0.025% | $138.6M | $1.09B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0512% | 1h | 0.000004935 | +0.101% | $140K | — | 3x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0530% | 8h | 0.000004931 | +0.015% | $1.5M | $7.5M | 50x | |
| Backpack kPEPE_USDC_PERP | +0.0556% | 1h | 0.000004932 | +0.037% | $94K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004931 | +0.020% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0765% | 1h | 0.000004932 | +0.041% | $70K | $107K | 25x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
Lighter 1000PEPE
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL