Funding you earn now, next payment 00:00 UTC−0.0464%/8h= −50.8% APRnext payment −$4.64 per $10,000 · paid last 24h −0.085%
Price spread now: Variational Omni against Aster−0.097%7-day average −0.125% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.139%−$14 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now −0.097%, 7d avg −0.125%
=Together, before fees−0.250%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.029% dearer against Aster than usual: you sell high and buy low (spread −0.097% now, against its 7-day average of −0.125%): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 3 days (−0.139% in total) that is about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.139% in total (about -15.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.64 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 | Aster 1000PEPEUSDT | 0.000004719 | 0.0564 | pay 0.0564% / 8h | 10m 33s | $1.5M | $7.3M | 50x |
| Short | Variational Omni 1000PEPE | 0.000004715 | 0.0100 | get 0.0100% / 8h | 10m 33s | $567K | $4.2M | — |
Aster 1000PEPEUSDT
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$97.35
- Price spread: −0.097% → −0.125%
- $2.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$102.48
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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 Aster live order book, 3 min ago | 1.59 bp | 10.2 bp −$10 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 6.35 bp | doesn't fit | 16.9 bp −$169 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0314% | 1h | 0.000004710 | −0.199% | $69.0M | $96.5M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004717 | −0.055% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004715 | −0.089% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0068% | 1h | 0.000004714 | −0.121% | $3.8M | $13.8M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004719 | −0.008% | $55K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004720 | +0.013% | $86.6M | $293.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004719 | −0.008% | $149.0M | $65.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004717 | −0.048% | $24.0M | $54.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004717 | −0.050% | $41.7M | $150.7M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004715 | −0.097% | $567K | $4.2M | — |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004726 | +0.136% | $25K | $349K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004728 | +0.183% | $99K | $755K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004725 | +0.111% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004716 | −0.072% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004719 | −0.004% | $533K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0168% | 1h | 0.000004725 | +0.119% | $568K | $6.6M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0174% | 8h | 0.000004717 | −0.048% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004718 | −0.023% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0202% | 8h | 0.000004722 | +0.056% | $41.6M | $493.6M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0203% | 8h | 0.000004717 | −0.061% | $2.3M | $6.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0304% | 1h | 0.000004724 | +0.098% | $541 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004719 | −0.008% | $3.8M | $22.2M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0357% | 8h | 0.000004718 | −0.040% | $29K | $13K | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0388% / S −0.0313% | 1h | 0.000004000 | −15.243% | $49K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004717 | −0.050% | $566K | $25.3M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004732 | +0.267% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0537% | 1h | 0.000004715 | −0.093% | $89K | $601K | 15x | as long as short |
| BingX 1000PEPE-USDT | +0.0554% | 8h | 0.000004718 | −0.036% | — | $257.3M | — | as long as short |
| Aster 1000PEPEUSDTlong | +0.0564% | 8h | 0.000004719 | long leg | $1.5M | $7.3M | 50x | |
| MEXC PEPE_USDT | +0.0574% | 8h | 0.000004717 | −0.048% | $87.9M | $282.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0575% | 8h | 0.000004723 | +0.066% | $131.7M | $1.07B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0576% | 1h | 0.000004723 | +0.086% | $518K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0576% | 1h | 0.000004719 | −0.008% | $133K | — | 3x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0599% | 1h | 0.000004714 | −0.114% | $76K | $98K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0625% | 1h | 0.000004723 | +0.085% | $178K | $849K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP