Funding you earn now, next payment 08:00 UTC−0.0681%/8h= −74.6% APRnext payment −$6.81 per $10,000 · paid last 24h −0.037%
Price spread now: Variational Omni against MEXC−0.115%7-day average −0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.078%−$8 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.115%, 7d avg −0.107%
=Together, before fees−0.038%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, 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 4 days it paid -0.078% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.81 per $10,000. 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 | MEXC PEPE_USDT | 0.000005251 | 0.0781 | pay 0.0781% / 8h | 3h 59m | $101.3M | $290.6M | 300x |
| Short | Variational Omni 1000PEPE | 0.000005245 | 0.0100 | get 0.0100% / 8h | 3h 59m | $840K | $4.9M | — |
MEXC PEPE_USDT
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- −$143.01
- Price spread: −0.115% → −0.107%
- −$0.79
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$143.8
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; 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 MEXC live order book, 5 min ago | 2.29 bp | 3.2 bp −$3 | 18.1 bp −$181 | 47.9 bp −$4,791 | 87.3 bp −$43.7K |
| Sell Variational Omni RFQ quote, 5 min ago | 8.68 bp | doesn't fit | 22.2 bp −$222 | 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 | 0.000005258 | +0.141% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005247 | −0.072% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005262 | +0.217% | $69K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005244 | −0.122% | $102.6M | $364.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005257 | +0.122% | $171.8M | $83.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005251 | +0.004% | $27.0M | $66.5M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000005245 | −0.115% | $840K | $4.9M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005257 | +0.125% | $38K | $492K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005271 | +0.392% | $1K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005267 | +0.310% | $611K | $3.8M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005254 | +0.056% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0235% | 8h | 0.000005252 | +0.019% | $48.4M | $183.1M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005255 | +0.084% | $3K | $110K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0366% | 8h | 0.000005266 | +0.299% | $35K | $25K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0401% | 8h | 0.000005252 | +0.027% | $50.9M | $654.6M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0520% | 8h | 0.000005246 | −0.088% | $4.6M | $27.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0608% | 8h | 0.000005259 | +0.150% | $2.6M | $7.4M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005260 | +0.179% | $768K | $35.5M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0729% | 8h | 0.000005273 | +0.430% | — | $263.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005269 | +0.350% | $149K | — | 3x | as long as short |
| SoDEX 1000PEPE-USD | +0.0770% | 1h | 0.000005267 | +0.312% | $2K | $10K | 10x | as long as short |
| MEXC PEPE_USDTlong | +0.0781% | 8h | 0.000005251 | long leg | $101.3M | $290.6M | 300x | |
| Binance 1000PEPEUSDT | +0.0781% | 8h | 0.000005254 | +0.074% | $152.8M | $1.29B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005268 | +0.327% | $557K | $226K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0805% | 8h | 0.000005264 | +0.263% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0808% | 1h | 0.000005266 | +0.293% | $636K | $8.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0851% / S −0.1731% | 1h | 0.000005000 | −4.773% | $64K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0855% | 1h | 0.000005267 | +0.312% | $179K | $746K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0900% | 8h | 0.000005270 | +0.369% | $1.9M | $9.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0908% | 1h | 0.000005259 | +0.160% | $57.1M | $143.4M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1082% | 1h | 0.000005262 | +0.217% | $75K | $126K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1123% | 1h | 0.000005263 | +0.236% | $84K | $715K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1237% | 1h | 0.000005265 | +0.279% | $4.8M | $16.2M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1264% | 1h | 0.000005271 | +0.389% | $636 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.1312% | 1h | 0.000005252 | +0.035% | $184K | $910K | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
SoDEX 1000PEPE-USD
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
01 Exchange kPEPEUSD
Nado kPEPE-PERP