Funding you earn now, next payment 05:00 UTC+0.0944%/8h= +103.4% APRnext payment +$1.18 per $10,000 · paid last 24h −0.021%
Price spread now: ApeX Omni against Nado−0.917%7-day average −0.011% · 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−$137as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.989%+$99 · spread now −0.917%, 7d avg −0.011%
=Together, before fees+0.950%+ Points / potential airdropNado: Active · farm board+$95 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.906% cheaper against Nado than usual: you would sell low and buy high (spread −0.917% now, against its 7-day average of −0.011%). If the spread goes back, that is −$91 on $10k: about 3.2 days of funding at the current rate (+$28 a day).
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 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 | Nado kPEPE-PERP | 0.000005321 | 0.0896 | pay 0.0112% / 1h | 52m 43s | $188K | $912K | 10x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005272 | 0.1840 | get 0.0230% / 1h | 52m 43s | $174K | $798K | 25x |
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $198.28
- Price spread: −0.917% → −0.011%
- −$90.63
- Slippage, 4 orders
- −$29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $61.65
- Costs to cover
- 0.460%
- Break-even
- 4.8 days
Slippage from Nado: live order book, 66 min ago; ApeX Omni: live order book, 66 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, 66 min ago | 4.94 bp | 12.6 bp −$13 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 66 min ago | 3.94 bp | 11.1 bp −$11 | 84.9 bp −$849 | 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 | 0.000005330 | +0.164% | $20K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005321 | 0.000% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005258 | −1.180% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005331 | +0.192% | $70K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005331 | +0.192% | $104.0M | $368.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005328 | +0.135% | $175.3M | $85.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005335 | +0.276% | $26.9M | $67.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005279 | −0.794% | $747K | $5.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005275 | −0.865% | $38K | $491K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005338 | +0.318% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005342 | +0.400% | $618K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005320 | −0.015% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0247% | 8h | 0.000005341 | +0.380% | $49.2M | $183.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0375% | 8h | 0.000005335 | +0.265% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005337 | +0.304% | $52.0M | $671.9M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0527% | 8h | 0.000005323 | +0.041% | $4.6M | $27.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0589% | 8h | 0.000005329 | +0.147% | $2.6M | $7.4M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005337 | +0.304% | $758K | $36.1M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0742% | 8h | 0.000005345 | +0.451% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005341 | +0.383% | $566K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005334 | +0.248% | $151K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0794% | 8h | 0.000005340 | +0.363% | $104.1M | $291.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0794% | 8h | 0.000005339 | +0.350% | $155.7M | $1.30B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005331 | +0.199% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0873% / S −0.1721% | 1h | 0.000005000 | −6.029% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERPlong | +0.0896% | 1h | 0.000005321 | long leg | $188K | $912K | 10x | |
| SoDEX 1000PEPE-USD | +0.0911% | 1h | 0.000005332 | +0.210% | $2K | $10K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0921% | 8h | 0.000005328 | +0.132% | $1.9M | $9.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0984% | 1h | 0.000005328 | +0.135% | $614K | $8.5M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1065% | 1h | 0.000005332 | +0.210% | $76K | $126K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1336% | 1h | 0.000005359 | +0.718% | $646 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1419% | 1h | 0.000005329 | +0.148% | $74K | $720K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1530% | 1h | 0.000005335 | +0.265% | $4.9M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1687% | 1h | 0.000005329 | +0.154% | $58.1M | $143.9M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.1840% | 1h | 0.000005272 | −0.917% | $174K | $798K | 25x |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USD
Aster 1000PEPEUSDT
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE