Funding you earn now, next payment 05:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h +0.070%
Price spread now: Nado against OKX+0.523%49s7-day average +0.007% · 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−$380.376% of the position
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.523%, 7d avg +0.007%
=Together, before fees−0.350%+ Points / potential airdropNado: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Nado is 0.516% dearer against OKX than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.097% in total (about 10.4% 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 | OKX PEPE-USDT-SWAP | 0.000005018 | 0.0411 | pay 0.0411% / 8h | 3h 00m | $46.8M | $664.5M | 50x |
| Short | Nado kPEPE-PERP | 0.000005044 | 0.0931 | get 0.0116% / 1h | 0m 43s | $171K | $929K | 10x |
OKX PEPE-USDT-SWAP
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $109.17
- Price spread: +0.523% → +0.007%
- $51.63
- Slippage, 4 orders
- −$20.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $123.22
- Costs to cover
- 0.376%
- Break-even
- from the start
Slippage from OKX: live order book, 3 min ago; Nado: live order book, 53 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 OKX live order book, 3 min ago | 0.97 bp | 7.7 bp −$8 | 14.0 bp −$140 | 45.7 bp −$4,570 | doesn't fit |
| Sell Nado live order book, 53 min ago | 3.76 bp | 8.6 bp −$9 | 32.5 bp −$325 | 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 | 0.000005007 | −0.216% | $18K | $95 | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | 0.0000% | 1h | 0.000005026 | +0.159% | $72K | $127K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005030 | +0.237% | $4K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +6.158% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005016 | −0.040% | $63K | $164K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005010 | −0.159% | $100.1M | $391.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005007 | −0.219% | $162.0M | $91.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005014 | −0.088% | $25.0M | $69.1M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005026 | +0.152% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005126 | +2.153% | $28K | $537K | 20x | as long as short |
dYdX PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005032 | +0.281% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005026 | +0.161% | $561K | $4.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005039 | +0.421% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0350% | 8h | 0.000005018 | +0.006% | $48.9M | $194.8M | 75x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0411% | 8h | 0.000005018 | long leg | $46.8M | $664.5M | 50x | |
| Orderly PERP_1000PEPE_USDC | +0.0413% | 8h | 0.000005034 | +0.311% | $34K | $26K | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0505% | 1h | 0.000005028 | +0.199% | $2K | $10K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0541% | 8h | 0.000005032 | +0.279% | $4.6M | $27.6M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0549% | 8h | 0.000005019 | +0.013% | $6K | — | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005037 | +0.379% | $690K | $35.8M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0722% | 8h | 0.000005041 | +0.454% | $2.4M | $7.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0778% | 1h | 0.000005128 | +2.192% | $158K | $810K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0789% | 8h | 0.000005021 | +0.056% | — | $237.0M | — | as long as short |
| Extended 1000PEPE-USD | +0.0824% | 1h | 0.000005017 | −0.013% | $533K | $252K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0824% | 1h | 0.000005034 | +0.319% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0824% | 8h | 0.000005016 | −0.035% | $144.0M | $1.36B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0825% | 8h | 0.000005018 | −0.002% | $96.7M | $299.4M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0901% | 8h | 0.000005017 | −0.030% | $1.7M | $10.7M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0931% | 1h | 0.000005044 | +0.523% | $171K | $929K | 10x | |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005047 | +0.578% | $609 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1028% / S −0.1618% | 1h | 0.000005000 | −0.359% | $67K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.1080% | 1h | 0.000005017 | −0.020% | $615K | $8.9M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1113% | 1h | 0.000005022 | +0.080% | $84K | $766K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1427% | 1h | 0.000005015 | −0.060% | $53.3M | $148.7M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1626% | 1h | 0.000005021 | +0.066% | $4.6M | $16.6M | 50x | as long as short |
SunX 1000PEPE-USDT
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
SoDEX 1000PEPE-USD
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD