Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: Nado against Injective+0.670%49s7-day average −0.601% · 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—prices read too far apart to compare
costs, in and out, $10k−$990.986% of the position
Funding, last 4 days (all we have)+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.849%−$85 · spread now +0.670%, 7d avg −0.601%
=Together, before fees−0.759%+ Points / potential airdropNado: Active · farm board−$76 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 1.272% dearer against Injective than usual: you sell high and buy low: +$127 more if the spread goes back to its 7-day average of −0.601%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PEPE/USDC PERP | 0.000005203 | 0.0404 | pay 0.0051% / 1h | 42m 27s | $8K | $120K | 12x |
| Short | Nado kPEPE-PERP | 0.000005238 | 0.0617 | get 0.0077% / 1h | 42m 27s | $167K | $956K | 10x |
Injective PEPE/USDC PERP
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. 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
- $44.72
- Price spread: +0.670% → −0.601%
- $127.16
- Slippage, 4 orders
- −$91.55
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $73.31
- Costs to cover
- 0.986%
- Break-even
- from the start
Slippage from Injective: live order book, 61 min ago; Nado: live order book, 61 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 Injective live order book, 61 min ago | 29.05 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 61 min ago | 2.90 bp | 9.9 bp −$10 | 27.5 bp −$275 | 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 | 0.000005247 | +0.855% | $20K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005241 | +0.727% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005252 | +0.942% | $61K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005239 | +0.686% | $101.9M | $426.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005240 | +0.711% | $165.4M | $98.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005200 | −0.048% | $651K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005205 | +0.039% | $29K | $546K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005259 | +1.071% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005255 | +1.001% | $611K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0123% | 8h | 0.000005242 | +0.753% | $27.2M | $73.3M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 1000PEPEUSDT | +0.0151% | 1h | 0.000005222 | +0.365% | $152K | $832K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005239 | +0.682% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0275% | 8h | 0.000005238 | +0.667% | $46.9M | $218.8M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0384% | 8h | 0.000005241 | +0.730% | $48.2M | $755.4M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0404% | 1h | 0.000005246 | +0.826% | $2K | $11K | 10x | as long as short |
| Injective PEPE/USDC PERPlong | +0.0404% | 1h | 0.000005203 | long leg | $8K | $120K | 12x | |
| Orderly PERP_1000PEPE_USDC | +0.0408% | 8h | 0.000005248 | +0.865% | $35K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0503% | 8h | 0.000005240 | +0.710% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0505% | 8h | 0.000005245 | +0.807% | $4.5M | $30.6M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0513% | 1h | 0.000005249 | +0.884% | $75K | $127K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0513% | 8h | 0.000005247 | +0.840% | $2.4M | $8.1M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005250 | +0.903% | $695K | $40.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0561% | 1h | 0.000005243 | +0.761% | $76K | $870K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0617% | 1h | 0.000005238 | +0.670% | $167K | $956K | 10x | |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005259 | +1.076% | $625K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0700% | 1h | 0.000005243 | +0.763% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0710% | 8h | 0.000005237 | +0.648% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0728% | 1h | 0.000005241 | +0.730% | $632 | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0739% | 8h | 0.000005241 | +0.727% | $1.8M | $11.7M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0749% | 8h | 0.000005247 | +0.848% | $102.0M | $304.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0750% | 8h | 0.000005234 | +0.601% | $143.6M | $1.49B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005237 | +0.661% | $550K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005258 | +1.057% | $149K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0992% | 1h | 0.000005250 | +0.903% | $54.6M | $157.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1136% / S −0.2351% | 1h | 0.000005000 | −3.902% | $65K | — | 100x | as long as short |
ApeX Omni 1000PEPEUSDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]