Funding you earn now, next payment 08:00 UTC−0.0133%/8h= −14.5% APRpaid last 24h +0.066%
Price spread now: Nado against Binance+0.130%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.130%, 7d avg −0.029%
=Together, before fees+0.176%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.159% dearer against Binance than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.029%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 4 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000005231 | 0.0750 | pay 0.0750% / 8h | 41m 56s | $144.2M | $1.49B | 75x |
| Short | Nado kPEPE-PERP | 0.000005238 | 0.0617 | get 0.0077% / 1h | 41m 56s | $167K | $956K | 10x |
Binance 1000PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Binance. 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
- −$27.85
- Price spread: +0.130% → −0.029%
- $15.88
- Slippage, 4 orders
- −$18.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$47.32
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Nado: live order book, 61 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 Binance live order book, 2 min ago | 0.10 bp | 7.1 bp −$7 | 11.9 bp −$119 | 28.3 bp −$2,832 | doesn't fit |
| Sell Nado live order book, 61 min ago | 2.90 bp | 9.9 bp −$10 | 27.5 bp −$275 | 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 | 0.000005247 | +0.313% | $20K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005233 | +0.042% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005252 | +0.400% | $61K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005226 | −0.093% | $101.7M | $426.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005232 | +0.018% | $165.1M | $98.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005200 | −0.585% | $651K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005205 | −0.498% | $29K | $546K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005245 | +0.274% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005248 | +0.331% | $611K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0123% | 8h | 0.000005232 | +0.021% | $27.1M | $73.3M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 1000PEPEUSDT | +0.0151% | 1h | 0.000005222 | −0.174% | $152K | $832K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005239 | +0.142% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0275% | 8h | 0.000005227 | −0.086% | $46.9M | $218.9M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0383% | 8h | 0.000005228 | −0.059% | $48.1M | $753.7M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0390% | 1h | 0.000005236 | +0.094% | $2K | $11K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005203 | −0.537% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0410% | 8h | 0.000005241 | +0.182% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0503% | 8h | 0.000005240 | +0.170% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0505% | 8h | 0.000005245 | +0.266% | $4.5M | $30.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0508% | 8h | 0.000005238 | +0.136% | $2.4M | $8.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0515% | 1h | 0.000005235 | +0.075% | $75K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005243 | +0.228% | $701K | $40.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0571% | 1h | 0.000005233 | +0.031% | $79K | $875K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0617% | 1h | 0.000005238 | +0.130% | $167K | $956K | 10x | |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005240 | +0.171% | $623K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0701% | 1h | 0.000005233 | +0.037% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0712% | 8h | 0.000005231 | 0.000% | — | $218.5M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0728% | 1h | 0.000005241 | +0.190% | $632 | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0739% | 8h | 0.000005235 | +0.075% | $1.8M | $11.7M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0749% | 8h | 0.000005224 | −0.126% | $101.9M | $305.0M | 300x | as long as short |
| Binance 1000PEPEUSDTlong | +0.0750% | 8h | 0.000005231 | long leg | $144.2M | $1.49B | 75x | |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005227 | −0.082% | $547K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005236 | +0.094% | $148K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0971% | 1h | 0.000005238 | +0.132% | $54.4M | $157.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1135% / S −0.2351% | 1h | 0.000005000 | −4.417% | $64K | — | 100x | as long as short |
ApeX Omni 1000PEPEUSDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]