Funding you earn now, next payment 01:00 UTC+0.0312%/8h= +34.1% APRpaid last 24h +0.049%
Price spread now: Nado against KuCoin−0.526%7-day average +0.018% · 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−$105as in the Price arb table
costs, in and out, $10k−$500.501% of the position
Funding, last 3 days (all we have)+0.065%+$7 on $10k
+Price spread, last 3 days (all we have)+0.588%+$59 · spread now −0.526%, 7d avg +0.018%
=Together, before fees+0.653%+ Points / potential airdropNado: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.544% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.526% now, against its 7-day average of +0.018%). If the spread goes back, that is −$54 on $10k: about 5.8 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.065% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.065% in total (about 7.4% 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 | KuCoin PEPEUSDTM | 0.000004978 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $25.6M | $55.9M | 75x |
| Short | Nado kPEPE-PERP | 0.000004952 | 0.0412 | get 0.0051% / 1h | 31m 47s | $193K | $851K | 10x |
KuCoin PEPEUSDTM
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against KuCoin. 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
- $65.44
- Price spread: −0.526% → +0.018%
- −$54.38
- Slippage, 4 orders
- −$31.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$39.09
- Costs to cover
- 0.501%
- Break-even
- 11.2 days
Slippage from KuCoin: 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 KuCoin live order book, 2 min ago | 0.81 bp | 16.0 bp −$16 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 min ago | 3.17 bp | 10.5 bp −$10 | 27.2 bp −$272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0118% | 1h | 0.000004974 | −0.068% | $4.0M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004974 | −0.070% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004952 | −0.516% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004944 | −0.677% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004979 | +0.026% | $91.4M | $302.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004975 | −0.054% | $157.6M | $66.2M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000004978 | long leg | $25.6M | $55.9M | 75x | |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004978 | +0.008% | $43.3M | $152.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004921 | −1.144% | $575K | $4.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004925 | −1.064% | $26K | $353K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Bitget PEPEUSDT
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 | 0.000004964 | −0.277% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004970 | −0.155% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004971 | −0.139% | $561K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004980 | +0.036% | $2.4M | $6.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0183% | 8h | 0.000004980 | +0.046% | $43.7M | $528.7M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004947 | −0.624% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0203% | 8h | 0.000004947 | −0.616% | $6K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0293% | 8h | 0.000004957 | −0.424% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0306% | 8h | 0.000004937 | −0.818% | $4.0M | $23.4M | 75x | as long as short |
| Lighter 1000PEPE | +0.0368% | 1h | 0.000004980 | +0.046% | $584K | $6.7M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004966 | −0.235% | $598K | $26.9M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0412% | 1h | 0.000004952 | −0.526% | $193K | $851K | 10x | |
| ApeX Omni 1000PEPEUSDT | +0.0455% | 1h | 0.000004932 | −0.918% | $102K | $754K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0467% | 1h | 0.000004987 | +0.187% | $59.9M | $116.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0468% / S −0.0647% | 1h | 0.000004000 | −19.642% | $48K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0472% | 1h | 0.000004947 | −0.617% | $1K | $2K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0496% | 8h | 0.000004978 | 0.000% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0501% | 8h | 0.000004984 | +0.124% | $140.1M | $1.09B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0504% | 1h | 0.000004978 | +0.010% | $546K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0504% | 8h | 0.000004981 | +0.076% | $97.3M | $283.3M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0504% | 1h | 0.000004959 | −0.376% | $140K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0526% | 8h | 0.000004979 | +0.018% | $1.5M | $7.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0558% | 1h | 0.000004983 | +0.117% | $95K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004942 | −0.717% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0962% | 1h | 0.000004958 | −0.396% | $71K | $107K | 25x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL