Funding you earn now, next payment 10:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.034%
Price spread now: Pacifica against OKX+0.421%49s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.343%−$34 · spread now +0.421%, 7d avg +0.019%
=Together, before fees−0.330%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.402% dearer against OKX than usual: you sell high and buy low (spread +0.421% now, against its 7-day average of +0.019%): +$40 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.0 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEPE-USDT-SWAP | 0.000004987 | 0.0268 | pay 0.0268% / 8h | 6h 55m | $45.5M | $740.2M | 50x |
| Short | Pacifica kPEPE | 0.000005008 | 0.0100 | get 0.0013% / 1h | 55m 54s | $58K | $197K | 10x |
OKX PEPE-USDT-SWAP
Pacifica kPEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$35.23
- Price spread: +0.421% → +0.019%
- $40.21
- Slippage, 4 orders
- −$31.84
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$44.86
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Pacifica: live order book, 37 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, 3 min ago | 1.00 bp | 6.7 bp −$7 | 14.8 bp −$148 | 45.8 bp −$4,576 | doesn't fit |
| Sell Pacifica live order book, 37 min ago | 9.93 bp | 15.1 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000PEPE_USDC-PERPETUAL | 0.0000% | 1h | 0.000005004 | +0.341% | $57K | $139K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005002 | +0.303% | $3K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0026% | 1h | 0.000005003 | +0.317% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000005005 | +0.361% | $51.6M | $161.9M | 10x | as long as short |
| Pacifica kPEPEshort | +0.0100% | 1h | 0.000005008 | +0.421% | $58K | $197K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004987 | +0.008% | $96.0M | $447.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004991 | +0.080% | $159.5M | $100.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005002 | +0.291% | $650K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004997 | +0.209% | $27K | $570K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000005009 | +0.441% | $146K | $846K | 25x | as long as short |
Deribit 1000PEPE_USDC-PERPETUAL
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005009 | +0.445% | $2K | $2.6M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005005 | +0.361% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005006 | +0.381% | $585K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0110% | 8h | 0.000005003 | +0.313% | $2.3M | $8.0M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0120% | 8h | 0.000004993 | +0.118% | $44.5M | $225.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0123% | 8h | 0.000004994 | +0.142% | $25.5M | $75.9M | 75x | as long as short |
| Lighter 1000PEPE | +0.0128% | 1h | 0.000005006 | +0.381% | $591K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0136% | 1h | 0.000005005 | +0.361% | $604 | $2K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0186% | 1h | 0.000005006 | +0.382% | $152K | $948K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005003 | +0.315% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0268% | 8h | 0.000004987 | long leg | $45.5M | $740.2M | 50x | |
| Paradex kPEPE-USD-PERP | +0.0269% | 8h | 0.000005010 | +0.454% | $6K | — | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0363% | 1h | 0.000005011 | +0.481% | $6K | $121K | 12x | as long as short |
| BloFin PEPE-USDT | +0.0393% | 8h | 0.000005018 | +0.622% | $4.4M | $30.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0429% | 8h | 0.000005006 | +0.381% | $32K | $31K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000005004 | +0.341% | $664K | $39.3M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0544% | 1h | 0.000004993 | +0.124% | $525K | $288K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0545% | 8h | 0.000004991 | +0.074% | — | $179.7M | — | as long as short |
| MEXC PEPE_USDT | +0.0546% | 8h | 0.000004999 | +0.241% | $101.0M | $303.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0547% | 8h | 0.000004991 | +0.072% | $131.3M | $1.54B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0552% | 1h | 0.000005031 | +0.882% | $142K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0567% | 8h | 0.000005000 | +0.251% | $1.8M | $12.3M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0578% | 1h | 0.000005002 | +0.309% | $66K | $959K | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0926% / S −0.1034% | 1h | 0.000005000 | +0.261% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.7787% | 1h | 0.000005005 | +0.361% | $25K | $12K | 10x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Bitget PEPEUSDT
KuCoin PEPEUSDTM
Lighter 1000PEPE
01 Exchange kPEPEUSD
Nado kPEPE-PERP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Extended 1000PEPE-USD
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD