Funding you earn now, next payment 04:00 UTC+0.0753%/8h= +82.4% APRpaid last 24h +0.068%
Price spread now: Nado against HTX−0.005%7-day average −0.028% · 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−$49as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 3 days (all we have)+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.005%, 7d avg −0.028%
=Together, before fees−0.083%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Nado is 0.023% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.028%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.079% in total (about 8.6% 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 | HTX PEPE-USDT | 0.000005016 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $571K | $3.7M | 75x |
| Short | Nado kPEPE-PERP | 0.000005016 | 0.0853 | get 0.0107% / 1h | 47m 19s | $190K | $877K | 10x |
HTX PEPE-USDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against HTX. 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
- $158.11
- Price spread: −0.005% → −0.028%
- $2.25
- Slippage, 4 orders
- −$32.22
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $109.14
- Costs to cover
- 0.512%
- Break-even
- 2.2 days
Slippage from HTX: live order book, 2 min ago; Nado: live order book, 11 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 HTX live order book, 2 min ago | 4.49 bp | 16.1 bp −$16 | 35.0 bp −$350 | 97.0 bp −$9,703 | doesn't fit |
| Sell Nado live order book, 11 min ago | 4.94 bp | 11.2 bp −$11 | 42.4 bp −$424 | 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 | 0.000005004 | −0.247% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005020 | +0.076% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005014 | −0.040% | $64K | $140K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005021 | +0.104% | $98.3M | $345.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005022 | +0.120% | $166.2M | $75.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005009 | −0.140% | $25.9M | $63.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005027 | +0.212% | $675K | $4.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005013 | −0.066% | $31K | $452K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005027 | +0.219% | $2K | $2.4M | 20x | as long as short |
| HTX PEPE-USDTlong | +0.0100% | 8h | 0.000005016 | long leg | $571K | $3.7M | 75x |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEPEUSDT | +0.0160% | 8h | 0.000005021 | +0.106% | $45.9M | $174.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005019 | +0.062% | $8K | — | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005044 | +0.558% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0330% | 8h | 0.000005028 | +0.231% | $33K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0358% | 8h | 0.000005025 | +0.179% | $45.0M | $593.1M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0439% | 1h | 0.000005017 | +0.020% | $2K | $12K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0480% | 8h | 0.000005004 | −0.239% | $4.3M | $25.0M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0548% | 1h | 0.000005017 | +0.020% | $71K | $124K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0634% | 8h | 0.000005022 | +0.118% | — | $2.3M | — | as long as short |
| Phemex u1000PEPEUSDT | +0.0637% | 8h | 0.000005026 | +0.191% | $2.4M | $7.1M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0662% / S −0.0910% | 1h | 0.000005000 | −0.319% | $45K | — | 100x | as long as short |
| Extended 1000PEPE-USD | +0.0664% | 1h | 0.000005010 | −0.110% | $532K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0664% | 1h | 0.000005023 | +0.140% | $142K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0667% | 8h | 0.000005019 | +0.050% | $92.1M | $286.9M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0668% | 8h | 0.000005027 | +0.219% | $141.4M | $1.22B | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005020 | +0.080% | $960K | $31.6M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0755% | 8h | 0.000005012 | −0.077% | $1.8M | $9.2M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0779% | 1h | 0.000005031 | +0.293% | $95K | $642K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0789% | 8h | 0.000005011 | −0.096% | $6K | — | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0852% | 1h | 0.000005009 | −0.140% | $99K | $743K | 25x | as long as short |
| Nado kPEPE-PERPshort | +0.0853% | 1h | 0.000005016 | −0.005% | $190K | $877K | 10x | |
| 01 Exchange kPEPEUSD | +0.0896% | 1h | 0.000005022 | +0.120% | $606 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.0920% | 1h | 0.000005017 | +0.020% | $586K | $8.2M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1298% | 1h | 0.000005017 | +0.025% | $4.4M | $15.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1402% | 1h | 0.000005025 | +0.179% | $53.8M | $140.0M | 10x | as long as short |
Bitget PEPEUSDT
Reya kPEPERUSDPERP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Phemex u1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE