Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.021%
Price spread now: Nado against ApeX Omni−1.964%61s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.466% of the position
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+1.916%+$192 · spread now −1.964%, 7d avg +0.007%
=Together, before fees+1.956%+ Points / potential airdropNado: Active · farm board+$196 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 1.972% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −1.964% now, against its 7-day average of +0.007%). If the spread goes back, that is −$197 on $10k: about 43 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.040% in total) that is about 6 months. The two prices were read 61 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 | ApeX Omni 1000PEPEUSDT | 0.000005128 | 0.0778 | pay 0.0097% / 1h | 0m 20s | $158K | $810K | 25x |
| Short | Nado kPEPE-PERP | 0.000005027 | 0.0931 | get 0.0116% / 1h | 0m 20s | $169K | $934K | 10x |
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. 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
- $32.04
- Price spread: −1.964% → +0.007%
- −$197.15
- Slippage, 4 orders
- −$29.56
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$211.68
- Costs to cover
- 0.466%
- Break-even
- 53.2 days
Slippage from ApeX Omni: live order book, 54 min ago; Nado: live order book, 53 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 ApeX Omni live order book, 54 min ago | 4.06 bp | 12.3 bp −$12 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Nado live order book, 53 min ago | 3.76 bp | 8.6 bp −$9 | 32.5 bp −$325 | 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 | 0.000005007 | −2.357% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005009 | −2.317% | $4K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +3.881% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005016 | −2.184% | $63K | $164K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005014 | −2.215% | $100.2M | $391.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005016 | −2.184% | $162.5M | $91.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005019 | −2.118% | $25.0M | $69.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005026 | −1.996% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005126 | −0.038% | $28K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005028 | −1.950% | $1K | $2.6M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
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 | 0.000005012 | −2.268% | $560K | $4.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005025 | −2.002% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0350% | 8h | 0.000005024 | −2.020% | $48.9M | $194.9M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0412% | 8h | 0.000005020 | −2.106% | $46.9M | $665.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0414% | 8h | 0.000005023 | −2.040% | $34K | $26K | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0511% | 1h | 0.000005021 | −2.087% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0541% | 8h | 0.000005032 | −1.872% | $4.6M | $27.6M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0547% | 1h | 0.000005021 | −2.087% | $72K | $127K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0549% | 8h | 0.000005019 | −2.133% | $6K | — | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005021 | −2.087% | $676K | $35.8M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0736% | 8h | 0.000005020 | −2.102% | $2.4M | $7.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0778% | 1h | 0.000005128 | long leg | $158K | $810K | 25x | |
| BingX 1000PEPE-USDC | +0.0789% | 8h | 0.000005015 | −2.194% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0824% | 1h | 0.000005020 | −2.101% | $533K | $252K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0824% | 1h | 0.000005019 | −2.126% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0824% | 8h | 0.000005022 | −2.061% | $144.2M | $1.37B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0825% | 8h | 0.000005022 | −2.065% | $96.3M | $299.4M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0901% | 8h | 0.000005024 | −2.019% | $1.7M | $10.7M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0931% | 1h | 0.000005027 | −1.964% | $169K | $934K | 10x | |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005034 | −1.833% | $607 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1030% / S −0.1622% | 1h | 0.000005000 | −2.496% | $67K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.1080% | 1h | 0.000005017 | −2.165% | $615K | $8.9M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1113% | 1h | 0.000005022 | −2.067% | $84K | $766K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1427% | 1h | 0.000005032 | −1.872% | $53.4M | $148.7M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1627% | 1h | 0.000005018 | −2.138% | $4.6M | $16.6M | 50x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD