Funding you earn now, next payment 07:00 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.045%
Price spread now: BloFin against Pacifica+0.368%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.368%, 7d avg −0.060%
=Together, before fees−0.125%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.429% dearer against Pacifica than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.060%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.185% in total (about 9.6% a year). A funding rate is set anew for every payment. 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 | Pacifica kPEPE | 0.000005159 | 0.0100 | pay 0.0013% / 1h | 54m 55s | $60K | $180K | 10x |
| Short | BloFin PEPE-USDT | 0.000005178 | 0.0542 | get 0.0542% / 8h | 1h 54m | $4.6M | $29.6M | 75x |
Pacifica kPEPE
BloFin PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Pacifica. 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
- $92.79
- Price spread: +0.368% → −0.060%
- $42.87
- Slippage, 4 orders
- −$19.24
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $96.42
- Costs to cover
- 0.392%
- Break-even
- from the start
Slippage from Pacifica: live order book, 53 min ago; BloFin: 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 Pacifica live order book, 53 min ago | 4.97 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.92 bp | 7.9 bp −$8 | 10.7 bp −$107 | 30.0 bp −$3,004 | 88.6 bp −$44.3K |
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 PERP | −0.0016% | 1h | 0.000005156 | −0.058% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005152 | −0.133% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005168 | +0.184% | $4K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005159 | long leg | $60K | $180K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005173 | +0.266% | $101.5M | $413.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005172 | +0.252% | $163.9M | $95.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005174 | +0.287% | $25.7M | $71.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005162 | +0.050% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005173 | +0.271% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005186 | +0.521% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
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 | 0.000005171 | +0.238% | $589K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0116% | 1h | 0.000005182 | +0.446% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005176 | +0.328% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0310% | 8h | 0.000005174 | +0.283% | $46.3M | $213.7M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005181 | +0.432% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005174 | +0.291% | $48.5M | $723.9M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0451% | 1h | 0.000005179 | +0.387% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0515% | 8h | 0.000005158 | −0.019% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDTshort | +0.0542% | 8h | 0.000005178 | +0.368% | $4.6M | $29.6M | 75x | |
| Backpack kPEPE_USDC_PERP | +0.0547% | 1h | 0.000005181 | +0.419% | $72K | $848K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0571% | 8h | 0.000005179 | +0.392% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005184 | +0.485% | $624K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005177 | +0.349% | $704K | $38.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005156 | −0.058% | $622 | $3K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0716% | 1h | 0.000005180 | +0.407% | $74K | $127K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0739% | 1h | 0.000005173 | +0.271% | $164K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005174 | +0.281% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005175 | +0.316% | $547K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005178 | +0.368% | $146K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0785% | 8h | 0.000005175 | +0.314% | $143.0M | $1.44B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0788% | 8h | 0.000005174 | +0.299% | $98.6M | $301.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0812% | 8h | 0.000005174 | +0.285% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0930% | 1h | 0.000005182 | +0.446% | $55.3M | $154.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −3.082% | $63K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1244% | 1h | 0.000005189 | +0.582% | $157K | $818K | 25x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT