Funding you earn now, next payment 22:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.036%
Price spread now: Aster against Nado−0.038%7-day average +0.056% · 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−$45as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 3 days (all we have)+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now −0.038%, 7d avg +0.056%
=Together, before fees+0.030%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.094% cheaper against Nado than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.056%). If the spread goes back, that is −$9 on $10k: about 40 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.055% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 6.5% 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 | Nado kPEPE-PERP | 0.000004796 | 0.0666 | pay 0.0083% / 1h | 36m 19s | $179K | $866K | 10x |
| Short | Aster 1000PEPEUSDT | 0.000004794 | 0.0854 | get 0.0854% / 8h | 2h 36m | $1.5M | $6.7M | 50x |
Nado kPEPE-PERP
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $39.42
- Price spread: −0.038% → +0.056%
- −$9.39
- Slippage, 4 orders
- −$20.37
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$5.34
- Costs to cover
- 0.354%
- Break-even
- 7.9 days
Slippage from Nado: live order book, 52 min ago; Aster: live order book, 2 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, 52 min ago | 1.01 bp | 10.7 bp −$11 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.45 bp | 5.5 bp −$5 | 8.4 bp −$84 | 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 | 0.000004796 | −0.001% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004783 | −0.261% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004790 | −0.117% | $56.4M | $69.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004802 | +0.133% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004789 | −0.131% | $88.3M | $272.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004788 | −0.158% | $147.9M | $61.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004789 | −0.131% | $23.8M | $52.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004852 | +1.166% | $713K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004821 | +0.530% | $27K | $337K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004809 | +0.286% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
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 | 0.000004791 | −0.096% | $552K | $3.6M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0121% | 8h | 0.000004794 | −0.033% | $41.1M | $486.9M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0169% | 8h | 0.000004787 | −0.179% | $43.2M | $152.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004791 | −0.098% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0241% | 8h | 0.000004812 | +0.342% | $3.9M | $21.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0256% | 1h | 0.000004791 | −0.096% | $589K | $5.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.590% | $52K | — | 100x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0355% | 8h | 0.000004799 | +0.073% | $5K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0371% | 8h | 0.000004791 | −0.088% | $30K | $10K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0385% | 1h | 0.000004809 | +0.282% | $100K | $621K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004804 | +0.175% | $587K | $25.3M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0480% | 8h | 0.000004789 | −0.133% | $2.3M | $6.4M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0549% | 1h | 0.000004790 | −0.117% | $2K | $9K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004820 | +0.509% | $4K | $92K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0586% | 1h | 0.000004791 | −0.096% | $81K | $94K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0629% | 1h | 0.000004856 | +1.259% | $100K | $758K | 25x | as long as short |
| Nado kPEPE-PERPlong | +0.0666% | 1h | 0.000004796 | long leg | $179K | $866K | 10x | |
| Kraken Futures PF_PEPEUSD | +0.0765% | 1h | 0.000004789 | −0.138% | $3.8M | $12.9M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0766% | 8h | 0.000004791 | −0.090% | — | $254.8M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004798 | +0.050% | $136K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000004798 | +0.056% | $88.7M | $289.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000004788 | −0.160% | $526K | $146K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0810% | 8h | 0.000004794 | −0.029% | $127.1M | $1.01B | 75x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0854% | 8h | 0.000004794 | −0.038% | $1.5M | $6.7M | 50x | |
| 01 Exchange kPEPEUSD | +0.1248% | 1h | 0.000004801 | +0.113% | $550 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
01 Exchange kPEPEUSD