Funding you earn now, next payment 00:00 UTC−0.0537%/8h= −58.8% APRnext payment −$5.37 per $10,000 · paid last 24h −0.024%
Price spread now: Variational Omni against BingX+0.135%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.063%−$6 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.135%, 7d avg −0.019%
=Together, before fees−0.210%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.154% dearer against BingX than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.019%): +$15 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 3 days (−0.063% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.063% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.37 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 | BingX 1000PEPE-USDC | 0.000004770 | 0.0637 | pay 0.0637% / 8h | 31m 56s | — | $2.3M | — |
| Short | Variational Omni 1000PEPE | 0.000004776 | 0.0100 | get 0.0100% / 8h | 31m 56s | $585K | $4.1M | — |
BingX 1000PEPE-USDC
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$112.77
- Price spread: +0.135% → −0.019%
- $15.39
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$107.38
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 BingX live order book, 2 min ago | 0.63 bp | 11.8 bp −$12 | 19.3 bp −$193 | 89.7 bp −$8,971 | 227.2 bp −$113.6K |
| Sell Variational Omni RFQ quote, 2 min ago | 6.30 bp | doesn't fit | 14.7 bp −$147 | 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 | −0.0132% | 1h | 0.000004763 | −0.136% | $65.9M | $92.6M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004764 | −0.106% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004765 | −0.088% | $13K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004768 | −0.030% | $3.8M | $13.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004768 | −0.031% | $59K | $116K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004767 | −0.044% | $85.8M | $289.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004767 | −0.052% | $149.6M | $64.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004768 | −0.031% | $24.3M | $54.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004765 | −0.101% | $42.1M | $150.1M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004776 | +0.135% | $585K | $4.1M | — |
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 | 0.000004782 | +0.261% | $26K | $350K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004763 | −0.136% | $99K | $760K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004779 | +0.205% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004769 | −0.010% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004769 | −0.006% | $540K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0128% | 1h | 0.000004770 | +0.010% | $600K | $6.4M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0187% | 8h | 0.000004767 | −0.054% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004770 | +0.003% | $7K | — | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0191% | 8h | 0.000004763 | −0.130% | $2.3M | $6.4M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0204% | 8h | 0.000004769 | −0.010% | $41.4M | $495.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0264% | 1h | 0.000004773 | +0.073% | $547 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004770 | +0.010% | $3.9M | $22.2M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0377% / S −0.0337% | 1h | 0.000004000 | −16.134% | $47K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0394% | 8h | 0.000004769 | −0.004% | $30K | $12K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004773 | +0.073% | $574K | $25.6M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004775 | +0.115% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0503% | 1h | 0.000004770 | +0.010% | $90K | $601K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0589% | 1h | 0.000004769 | −0.010% | $77K | $98K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0624% | 1h | 0.000004766 | −0.076% | $524K | $148K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0625% | 8h | 0.000004770 | +0.002% | $130.8M | $1.06B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0629% | 8h | 0.000004769 | −0.002% | $91.8M | $280.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0629% | 8h | 0.000004767 | −0.052% | $1.5M | $7.3M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0632% | 1h | 0.000004772 | +0.052% | $135K | — | 3x | as long as short |
| BingX 1000PEPE-USDClong | +0.0637% | 8h | 0.000004770 | long leg | — | $2.3M | — | |
| Nado kPEPE-PERP | +0.0707% | 1h | 0.000004771 | +0.036% | $183K | $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
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP