Funding you earn now, next payment 02:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: Aevo against Nado+0.937%50s7-day average +0.005% · 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−$2,12521.252% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.827%−$83 · spread now +0.937%, 7d avg +0.005%
=Together, before fees−0.835%+ Points / potential airdropNado: Active · farm board−$84 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.932% dearer against Nado than usual: you sell high and buy low (spread +0.937% now, against its 7-day average of +0.005%): +$93 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 3 days (−0.009% in total) that is about 12 months. The two prices were read 50 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 | Nado kPEPE-PERP | 0.000005052 | 0.0635 | pay 0.0079% / 1h | 24m 33s | $181K | $881K | 10x |
| Short | Aevo 1000PEPE-PERP | 0.000005099 | 0.0520 | get 0.0065% / 1h | 24m 33s | $144K | — | 3x |
Nado kPEPE-PERP
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Nado. 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
- −$24.16
- Price spread: +0.937% → +0.005%
- $93.19
- Slippage, 4 orders
- −$2,102.21
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$2,056.18
- Costs to cover
- 21.252%
- Break-even
- never at this rate
Slippage from Nado: live order book, 44 min ago; Aevo: live order book, 44 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 Nado live order book, 44 min ago | 1.97 bp | 13.6 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 44 min ago | 440.51 bp | 1062.3 bp −$1,062 | doesn't fit | doesn't fit | doesn't fit |
PEPE on 34 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 | 0.000005051 | −0.021% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005061 | +0.189% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005058 | +0.126% | $61K | $125K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005049 | −0.048% | $97.9M | $323.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005052 | +0.007% | $161.2M | $70.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005055 | +0.074% | $25.2M | $60.6M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005051 | −0.019% | $46.8M | $160.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005092 | +0.792% | $624K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005086 | +0.679% | $34K | $413K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005066 | +0.294% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005060 | +0.167% | $570K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005065 | +0.255% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0231% | 8h | 0.000005054 | +0.047% | $45.1M | $567.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0278% | 8h | 0.000005063 | +0.223% | $33K | $23K | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0286% | 8h | 0.000005060 | +0.171% | $2.4M | $6.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0321% | 1h | 0.000005065 | +0.264% | $107K | $746K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005067 | +0.304% | $627K | $29.6M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0491% | 8h | 0.000005053 | +0.023% | — | $259.0M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0511% / S −0.0536% | 1h | 0.000005000 | −1.022% | $56K | — | 100x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0520% | 1h | 0.000005099 | +0.937% | $144K | — | 3x | |
| Binance 1000PEPEUSDT | +0.0523% | 8h | 0.000005057 | +0.097% | $142.8M | $1.17B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0526% | 8h | 0.000005048 | −0.074% | $94.8M | $290.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0528% | 1h | 0.000005054 | +0.040% | $557K | $199K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0547% | 8h | 0.000005051 | −0.017% | $6K | $16 | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0575% | 1h | 0.000005065 | +0.264% | $2K | $12K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0618% | 8h | 0.000005058 | +0.118% | $1.7M | $8.2M | 50x | as long as short |
| Nado kPEPE-PERPlong | +0.0635% | 1h | 0.000005052 | long leg | $181K | $881K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0738% | 1h | 0.000005065 | +0.264% | $61K | $114K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0823% | 1h | 0.000005063 | +0.221% | $4.0M | $14.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005098 | +0.918% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0929% | 1h | 0.000005063 | +0.215% | $101K | $617K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005059 | +0.145% | $1K | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.1544% | 1h | 0.000005068 | +0.324% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2213% | 1h | 0.000005063 | +0.225% | $55.9M | $135.8M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
Phemex u1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE