Funding you earn now, next payment 05:00 UTC+0.0534%/8h= +58.4% APRpaid last 24h +0.079%
Price spread now: Nado against Bitget+0.012%7-day average −0.017% · 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−$38as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.012%, 7d avg −0.017%
=Together, before fees+0.175%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Nado is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.091% in total (about 9.7% a year). A funding rate is set anew for every payment. 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 | Bitget PEPEUSDT | 0.000005206 | 0.0326 | pay 0.0326% / 8h | 3h 12m | $50.6M | $191.4M | 75x |
| Short | Nado kPEPE-PERP | 0.000005207 | 0.0860 | get 0.0107% / 1h | 12m 26s | $187K | $918K | 10x |
Bitget PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- $112.09
- Price spread: +0.012% → −0.017%
- $2.87
- Slippage, 4 orders
- −$22.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $73.8
- Costs to cover
- 0.412%
- Break-even
- 2.4 days
Slippage from Bitget: live order book, 2 min ago; Nado: live order book, 41 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 Bitget live order book, 2 min ago | 2.11 bp | 9.7 bp −$10 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 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 | 0.000005209 | +0.065% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005197 | −0.179% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +2.322% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005215 | +0.171% | $65K | $163K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005200 | −0.117% | $105.5M | $384.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005199 | −0.136% | $171.3M | $89.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005204 | −0.038% | $26.0M | $68.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005212 | +0.105% | $663K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005223 | +0.323% | $29K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005227 | +0.405% | $1K | $2.5M | 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 | 0.000005209 | +0.061% | $587K | $4.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005204 | −0.047% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTlong | +0.0326% | 8h | 0.000005206 | long leg | $50.6M | $191.4M | 75x | |
| Orderly PERP_1000PEPE_USDC | +0.0401% | 8h | 0.000005204 | −0.031% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0428% | 8h | 0.000005203 | −0.060% | $50.3M | $676.0M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0445% | 1h | 0.000005221 | +0.286% | $2K | $10K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0508% | 8h | 0.000005210 | +0.071% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0554% | 8h | 0.000005215 | +0.171% | $4.8M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0680% | 8h | 0.000005217 | +0.206% | $2.5M | $7.7M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005219 | +0.248% | $722K | $36.4M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0777% | 8h | 0.000005207 | +0.013% | — | $235.9M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0807% | 1h | 0.000005244 | +0.728% | $161K | $810K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000005205 | −0.016% | $553K | $236K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000005219 | +0.248% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0818% | 8h | 0.000005205 | −0.013% | $98.8M | $296.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0819% | 8h | 0.000005205 | −0.013% | $149.9M | $1.34B | 75x | as long as short |
| Nado kPEPE-PERPshort | +0.0860% | 1h | 0.000005207 | +0.012% | $187K | $918K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0900% | 1h | 0.000005222 | +0.305% | $74K | $126K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0910% | 8h | 0.000005201 | −0.090% | $1.8M | $10.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005211 | +0.094% | $629 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0994% / S −0.2006% | 1h | 0.000005000 | −3.959% | $64K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.1120% | 1h | 0.000005217 | +0.209% | $621K | $8.8M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1142% | 1h | 0.000005220 | +0.265% | $68K | $724K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1493% | 1h | 0.000005208 | +0.036% | $56.7M | $146.2M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1566% | 1h | 0.000005214 | +0.153% | $4.8M | $16.4M | 50x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD