Funding you earn now, next payment 09:00 UTC+0.0503%/8h= +55.1% APRpaid last 24h +0.103%
Price spread now: Nado against edgeX−0.552%7-day average +0.004% · 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−$86as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 4 days (all we have)+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.552%, 7d avg +0.004%
=Together, before fees+0.536%+ Points / potential airdropedgeX: Active · Nado: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.556% cheaper against edgeX than usual: you would sell low and buy high (spread −0.552% now, against its 7-day average of +0.004%). If the spread goes back, that is −$56 on $10k: about 3.7 days of funding at the current rate (+$15 a day). At the pace of the last 4 days (+0.109% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.109% in total (about 11.2% 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 | edgeX 1000PEPEUSDC | 0.000005032 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $28K | $568K | 20x |
| Short | Nado kPEPE-PERP | 0.000005005 | 0.0603 | get 0.0075% / 1h | 10m 53s | $153K | $950K | 10x |
edgeX 1000PEPEUSDC
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against edgeX. 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
- $105.68
- Price spread: −0.552% → +0.004%
- −$55.55
- Slippage, 4 orders
- −$14.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $19.45
- Costs to cover
- 0.307%
- Break-even
- 5.7 days
Slippage from edgeX: live order book, 23 min ago; Nado: live order book, 22 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 edgeX live order book, 23 min ago | 1.28 bp | 6.1 bp −$6 | 102.7 bp −$1,027 | doesn't fit | doesn't fit |
| Sell Nado live order book, 22 min ago | 0.99 bp | 9.1 bp −$9 | 29.0 bp −$290 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005000 | −0.643% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005008 | −0.484% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005007 | −0.504% | $97.1M | $447.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005006 | −0.524% | $160.0M | $103.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005037 | +0.088% | $664K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDClong | +0.0100% | 4h | 0.000005032 | long leg | $28K | $568K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005008 | −0.480% | $1K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005007 | −0.504% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005010 | −0.454% | $585K | $4.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0146% | 8h | 0.000005012 | −0.405% | $25.6M | $75.9M | 75x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005001 | −0.623% | $6K | $121K | 12x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0149% | 1h | 0.000005005 | −0.544% | $147K | $845K | 25x | as long as short |
| Bitget PEPEUSDT | +0.0160% | 8h | 0.000005009 | −0.472% | $44.7M | $226.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005008 | −0.478% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0304% | 8h | 0.000005010 | −0.444% | $45.9M | $744.7M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0335% | 8h | 0.000005007 | −0.512% | $6K | — | 20x | as long as short |
| Hyperliquid kPEPE | +0.0336% | 1h | 0.000005020 | −0.246% | $51.8M | $161.8M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0350% | 1h | 0.000005006 | −0.524% | $57K | $139K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0351% | 8h | 0.000005012 | −0.397% | $2.3M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0361% | 1h | 0.000005014 | −0.363% | $67K | $957K | 15x | as long as short |
| Lighter 1000PEPE | +0.0376% | 1h | 0.000005008 | −0.484% | $593K | $9.1M | 10x | as long as short |
| BloFin PEPE-USDT | +0.0427% | 8h | 0.000005009 | −0.464% | $4.4M | $30.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0436% | 8h | 0.000005002 | −0.597% | $32K | $30K | 20x | as long as short |
| 01 Exchange kPEPEUSD | +0.0464% | 1h | 0.000004999 | −0.663% | $603 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005005 | −0.544% | $684K | $39.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0597% | 8h | 0.000005008 | −0.478% | — | $179.6M | — | as long as short |
| Nado kPEPE-PERPshort | +0.0603% | 1h | 0.000005005 | −0.552% | $153K | $950K | 10x | |
| Binance 1000PEPEUSDT | +0.0605% | 8h | 0.000005006 | −0.523% | $132.4M | $1.55B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0608% | 1h | 0.000005007 | −0.512% | $525K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0608% | 1h | 0.000005000 | −0.643% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0612% | 8h | 0.000005011 | −0.421% | $100.1M | $313.0M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0628% | 8h | 0.000005005 | −0.536% | $1.7M | $12.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0633% | 1h | 0.000005005 | −0.541% | $4.6M | $17.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0971% / S −0.1091% | 1h | 0.000005000 | −0.643% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4204% | 1h | 0.000005002 | −0.609% | $25K | $12K | 10x | as long as short |
Injective PEPE/USDC PERP
ApeX Omni 1000PEPEUSDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD