Funding you earn now, next payment 23:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.051%
Price spread now: Nado against Gate+0.028%7-day average +0.029% · 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−$47as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 3 days (all we have)+0.090%+$9 on $10k
+Price spread, last 3 days (all we have)+0.080%+$8 · spread now +0.028%, 7d avg +0.029%
=Together, before fees+0.170%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.090% in total (about 10.5% 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 | Gate PEPE_USDT | 0.000004858 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $151.6M | $62.3M | 75x |
| Short | Nado kPEPE-PERP | 0.000004859 | 0.0760 | get 0.0095% / 1h | 42m 17s | $187K | $854K | 10x |
Gate PEPE_USDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Gate. 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
- $138.59
- Price spread: +0.028% → +0.029%
- −$0.04
- Slippage, 4 orders
- −$24.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $91.59
- Costs to cover
- 0.470%
- Break-even
- 2.4 days
Slippage from Gate: 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 Gate live order book, 2 min ago | 2.07 bp | 12.0 bp −$12 | 18.5 bp −$185 | 67.8 bp −$6,777 | doesn't fit |
| Sell Nado live order book, 41 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 | 0.000004837 | −0.423% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004858 | −0.006% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004840 | −0.371% | $624K | $5.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004857 | −0.021% | $61.3M | $77.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004840 | −0.371% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004859 | +0.021% | $88.2M | $278.8M | 50x | as long as short |
| Gate PEPE_USDTlong | +0.0100% | 8h | 0.000004858 | long leg | $151.6M | $62.3M | 75x | |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004861 | +0.051% | $25.2M | $53.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004845 | −0.267% | $545K | $3.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004840 | −0.365% | $27K | $344K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
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 | 0.000004866 | +0.169% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004862 | +0.082% | $2K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004844 | −0.286% | $550K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0164% | 8h | 0.000004860 | +0.043% | $42.7M | $151.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004862 | +0.080% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0203% | 8h | 0.000004864 | +0.124% | $41.8M | $494.4M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0317% / S −0.0215% | 1h | 0.000004000 | −17.662% | $53K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004842 | −0.329% | $3.9M | $22.2M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0422% | 8h | 0.000004845 | −0.271% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0433% | 8h | 0.000004840 | −0.379% | $2.3M | $6.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0441% | 8h | 0.000004859 | +0.023% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004863 | +0.103% | $618K | $25.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0528% | 1h | 0.000004867 | +0.185% | $558 | $2K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0673% | 1h | 0.000004838 | −0.410% | $92K | $614K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0760% | 1h | 0.000004859 | +0.028% | $187K | $854K | 10x | |
| BingX 1000PEPE-USDT | +0.0827% | 8h | 0.000004861 | +0.060% | — | $256.0M | — | as long as short |
| Extended 1000PEPE-USD | +0.0848% | 1h | 0.000004862 | +0.081% | $535K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0850% | 8h | 0.000004863 | +0.111% | $92.4M | $283.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0850% | 8h | 0.000004861 | +0.066% | $131.0M | $1.03B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0864% | 1h | 0.000004863 | +0.103% | $137K | — | 3x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004868 | +0.206% | $4K | $103K | 12x | as long as short |
| Aster 1000PEPEUSDT | +0.0878% | 8h | 0.000004856 | −0.044% | $1.5M | $7.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0935% | 1h | 0.000004841 | −0.350% | $103K | $764K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0985% | 1h | 0.000004864 | +0.124% | $82K | $94K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1312% | 1h | 0.000004861 | +0.068% | $4.0M | $13.2M | 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
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Injective PEPE/USDC PERP
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Kraken Futures PF_PEPEUSD