Funding you earn now, next payment 23:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.004%
Price spread now: Variational Omni against gTrade (Gains Network)+0.214%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.214% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PEPE/USD | 0.000004784 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 9m 22s | $14K | — | 150x |
| Short | Variational Omni 1000PEPE | 0.000004794 | 0.0100 | get 0.0100% / 8h | 1h 09m | $543K | $4.0M | — |
gTrade (Gains Network) PEPE/USD
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- $19.81
- Price spread: +0.214% → 0.000%
- $21.43
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.24
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 5 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 5 min ago | 6.24 bp | doesn't fit | 16.6 bp −$166 | doesn't fit | doesn't fit |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.000004789 | +0.104% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000004784 | long leg | $14K | — | 150x | |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004793 | +0.197% | $668K | $6.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004784 | +0.008% | $62.9M | $83.2M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004792 | +0.176% | $59K | $114K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004787 | +0.063% | $86.9M | $283.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004787 | +0.071% | $150.5M | $63.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004789 | +0.109% | $24.7M | $54.0M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004794 | +0.214% | $543K | $4.0M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004796 | +0.253% | $28K | $344K | 20x | as long as short |
dYdX PEPE-USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
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 | 0.000004796 | +0.249% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004789 | +0.113% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004792 | +0.180% | $540K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0110% | 8h | 0.000004784 | 0.000% | $42.0M | $148.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004789 | +0.110% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0219% | 8h | 0.000004789 | +0.113% | $41.4M | $491.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0268% | 8h | 0.000004793 | +0.207% | $5K | $16 | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0330% / S −0.0357% | 1h | 0.000004000 | −16.381% | $43K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0338% | 8h | 0.000004795 | +0.238% | $3.9M | $22.1M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0342% | 8h | 0.000004794 | +0.211% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0400% | 1h | 0.000004794 | +0.217% | $549 | $2K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0447% | 1h | 0.000004792 | +0.176% | $101K | $763K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004796 | +0.259% | $582K | $25.5M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0450% | 8h | 0.000004790 | +0.123% | $29K | $11K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0544% | 1h | 0.000004794 | +0.215% | $91K | $615K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0586% | 1h | 0.000004789 | +0.113% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0735% | 8h | 0.000004791 | +0.161% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0745% | 8h | 0.000004789 | +0.115% | $130.3M | $1.04B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0750% | 8h | 0.000004790 | +0.134% | $91.7M | $285.9M | 300x | as long as short |
| Nado kPEPE-PERP | +0.0750% | 1h | 0.000004791 | +0.165% | $184K | $845K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000004790 | +0.136% | $526K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000004793 | +0.197% | $136K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0764% | 8h | 0.000004790 | +0.125% | $1.5M | $7.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004795 | +0.238% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1330% | 1h | 0.000004795 | +0.228% | $3.9M | $13.3M | 50x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Nado kPEPE-PERP
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD