Funding you earn now, next payment 23:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h +0.033%
Price spread now: Nado against BingX−0.090%7-day average +0.022% · 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−$60as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 3 days (all we have)+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)+0.240%+$24 · spread now −0.090%, 7d avg +0.022%
=Together, before fees+0.270%+ Points / potential airdropNado: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.111% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDC | 0.000004873 | 0.0827 | pay 0.0827% / 8h | 1h 38m | — | $2.3M | — |
| Short | Nado kPEPE-PERP | 0.000004868 | 0.0726 | get 0.0091% / 1h | 38m 32s | $187K | $854K | 10x |
BingX 1000PEPE-USDC
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- −$21.15
- Price spread: −0.090% → +0.022%
- −$11.13
- Slippage, 4 orders
- −$31.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$80.86
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Nado: live order book, 45 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 BingX live order book, 10 min ago | 0.62 bp | 13.7 bp −$14 | 25.6 bp −$256 | 93.9 bp −$9,391 | 308.5 bp −$154.2K |
| Sell Nado live order book, 45 min ago | 4.12 bp | 8.6 bp −$9 | 26.8 bp −$268 | 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 | 0.000004869 | −0.071% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004861 | −0.236% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004875 | +0.047% | $616K | $5.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004862 | −0.220% | $61.7M | $77.7M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004872 | −0.014% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004866 | −0.138% | $88.1M | $279.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004869 | −0.076% | $152.4M | $62.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004866 | −0.146% | $25.1M | $53.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004864 | −0.180% | $583K | $4.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004863 | −0.207% | $27K | $342K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004871 | −0.029% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004866 | −0.138% | $2K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004872 | −0.023% | $551K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0159% | 8h | 0.000004874 | +0.031% | $42.9M | $151.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004867 | −0.125% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0201% | 8h | 0.000004868 | −0.096% | $42.0M | $495.6M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0317% / S −0.0215% | 1h | 0.000004000 | −17.910% | $53K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0322% | 8h | 0.000004870 | −0.055% | $3.9M | $22.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0398% | 8h | 0.000004874 | +0.019% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0414% | 8h | 0.000004869 | −0.086% | $2.3M | $6.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0442% | 8h | 0.000004863 | −0.207% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004863 | −0.199% | $616K | $25.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0496% | 1h | 0.000004872 | −0.014% | $558 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0573% | 1h | 0.000004866 | −0.138% | $82K | $94K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0644% | 1h | 0.000004866 | −0.131% | $92K | $614K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0726% | 1h | 0.000004868 | −0.090% | $187K | $854K | 10x | |
| ApeX Omni 1000PEPEUSDT | +0.0783% | 1h | 0.000004859 | −0.281% | $103K | $763K | 25x | as long as short |
| BingX 1000PEPE-USDClong | +0.0827% | 8h | 0.000004873 | long leg | — | $2.3M | — | |
| Binance 1000PEPEUSDT | +0.0841% | 8h | 0.000004869 | −0.080% | $131.2M | $1.03B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0844% | 8h | 0.000004872 | −0.008% | $92.6M | $283.4M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0848% | 1h | 0.000004872 | −0.005% | $535K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0848% | 1h | 0.000004867 | −0.117% | $138K | — | 3x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004877 | +0.088% | $4K | $103K | 12x | as long as short |
| Aster 1000PEPEUSDT | +0.0876% | 8h | 0.000004869 | −0.070% | $1.5M | $7.0M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1311% | 1h | 0.000004864 | −0.174% | $4.0M | $13.3M | 50x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
ApeX Omni 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Injective PEPE/USDC PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD