Funding you earn now, next payment 09:00 UTC+0.0172%/8h= +18.9% APRpaid last 24h +0.055%
Price spread now: Nado against Orderly+0.101%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Nado is 0.101% dearer against Orderly than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000005027 | 0.0440 | pay 0.0440% / 8h | 7h 13m | $33K | $30K | 20x |
| Short | Nado kPEPE-PERP | 0.000005032 | 0.0612 | get 0.0076% / 1h | 13m 46s | $156K | $949K | 10x |
Orderly PERP_1000PEPE_USDC
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Orderly. 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
- $36.15
- Price spread: +0.101% → 0.000%
- $10.1
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $33.25
- Costs to cover
- 0.130%
- Break-even
- 0.6 days
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 20 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 20 min ago | 0.99 bp | 9.1 bp −$9 | 29.0 bp −$290 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005014 | −0.255% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005033 | +0.127% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005015 | −0.239% | $97.6M | $446.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005011 | −0.310% | $160.1M | $102.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005037 | +0.202% | $664K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005033 | +0.132% | $28K | $567K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005036 | +0.185% | $2K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005022 | −0.092% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005019 | −0.153% | $585K | $4.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000004965 | −1.225% | $6K | $121K | 12x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Injective PEPE/USDC PERPShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0148% | 1h | 0.000005027 | +0.008% | $72K | $125K | 25x | as long as short |
| KuCoin PEPEUSDTM | +0.0153% | 8h | 0.000005018 | −0.179% | $25.6M | $75.8M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0164% | 1h | 0.000005033 | +0.127% | $148K | $843K | 25x | as long as short |
| Bitget PEPEUSDT | +0.0167% | 8h | 0.000005012 | −0.281% | $44.8M | $226.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005023 | −0.066% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0310% | 8h | 0.000005017 | −0.191% | $46.0M | $745.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0348% | 1h | 0.000005018 | −0.171% | $51.8M | $161.7M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0351% | 8h | 0.000005034 | +0.153% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0353% | 8h | 0.000005014 | −0.249% | $2.3M | $8.1M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0383% | 1h | 0.000005021 | −0.113% | $68K | $955K | 15x | as long as short |
| Lighter 1000PEPE | +0.0408% | 1h | 0.000005012 | −0.290% | $593K | $9.1M | 10x | as long as short |
| BloFin PEPE-USDT | +0.0434% | 8h | 0.000005025 | −0.032% | $4.4M | $30.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0440% | 8h | 0.000005027 | long leg | $33K | $30K | 20x | |
| 01 Exchange kPEPEUSD | +0.0488% | 1h | 0.000005028 | +0.028% | $606 | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005027 | +0.008% | $670K | $39.9M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0602% | 8h | 0.000005013 | −0.277% | — | $179.4M | — | as long as short |
| Nado kPEPE-PERPshort | +0.0612% | 1h | 0.000005032 | +0.101% | $156K | $949K | 10x | |
| Extended 1000PEPE-USD | +0.0616% | 1h | 0.000005013 | −0.273% | $528K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0616% | 1h | 0.000005022 | −0.092% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0619% | 8h | 0.000005016 | −0.207% | $133.4M | $1.55B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0625% | 8h | 0.000005014 | −0.259% | $98.7M | $312.4M | 300x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0632% | 1h | 0.000005019 | −0.145% | $4.6M | $17.1M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0645% | 8h | 0.000005016 | −0.207% | $1.8M | $12.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0972% / S −0.1091% | 1h | 0.000005000 | −0.529% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.3972% | 1h | 0.000005024 | −0.047% | $25K | $12K | 10x | as long as short |
Deribit 1000PEPE_USDC-PERPETUAL
KuCoin PEPEUSDTM
ApeX Omni 1000PEPEUSDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Hyperliquid kPEPE
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD