TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004521+0.0100pay 0.0012% / 1h52m 11s$235K$1.0M10xLong Nado20% off
SHORT0.000004529+0.0281get 0.0035% / 1h52m 11s$46K$277K10xShort Phoenix
Price gap+0.175%60s
Funding gap+0.0181% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 0.095% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$9+0.0181% /8h now · paid −0.085% over the last 7D
Price—spread +0.175%60s now · prices read too far apart to compare
Costs−$740.741% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropNado: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.175%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size12.7 / 25.0 bp
    At $10k entering Phoenix costs 25.0 bp, fee and slippage, 2.0× Nado’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Nado 10x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$5.43Long Nado: 24 payments, −$3.00; short Phoenix: 24 payments, +$8.43.
  • Watch: Prices read 60 s apart+0.175% vs +0.080%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$46K vs $235K OI
    Phoenix sets your exit cost. Check its book before closing.
  • OK: Points on a legNado points
    Volume here counts toward the points program.
  • OK: No KYC on either legNado No · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0041%/8h × 21 periods−$8.53
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$60.11
Fee Nado bp × 2 orders−$7.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$82.64
price spread not counted: prices read too far apart
Costs to cover0.741%Break-evennever at this rate
Slippage: Nado: live order book, just now; Phoenix: live order book, 64 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGNado4.4312.7 bp−$1381.9 bp−$819doesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.2525.0 bp−$2584.5 bp−$845doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00KuCoinOtherFresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
09-28 17:53PhoenixListingNow live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kPEPE ($PEPE) seen by our collector
09-23 09:30PhemexOtherBTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗