Funding you earn now, next payment 22:00 UTC+0.0555%/8h= +60.7% APRnext payment +$0.69 per $10,000 · paid last 24h −0.002%
Price spread now: Nado against Reya+0.141%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Nado is 0.141% dearer against Reya than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya kPEPERUSDPERP | 0.000004804 | 0.0189 | pay 0.0024% / 1h | 12m 33s | $7K | — | 15x |
| Short | Nado kPEPE-PERP | 0.000004811 | 0.0743 | get 0.0093% / 1h | 12m 33s | $188K | $848K | 10x |
Reya kPEPERUSDPERP
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Reya. 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
- $116.45
- Price spread: +0.141% → 0.000%
- $14.1
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $117.55
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Nado: live order book, 11 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 Reya no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 11 min ago | 4.12 bp | 8.6 bp −$9 | 26.8 bp −$268 | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004802 | −0.043% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004799 | −0.106% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004808 | +0.075% | $58.1M | $72.2M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004810 | +0.117% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004809 | +0.102% | $87.5M | $275.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004805 | +0.013% | $150.0M | $62.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004808 | +0.084% | $25.0M | $53.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004810 | +0.123% | $559K | $3.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004818 | +0.281% | $27K | $342K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004822 | +0.371% | $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 | 0.000004807 | +0.046% | $553K | $3.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0167% | 8h | 0.000004812 | +0.159% | $41.3M | $485.2M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0181% | 8h | 0.000004809 | +0.094% | $42.4M | $150.8M | 75x | as long as short |
| Reya kPEPERUSDPERPlong | +0.0189% | 1h | 0.000004804 | long leg | $7K | — | 15x | |
| BloFin PEPE-USDT | +0.0284% | 8h | 0.000004810 | +0.117% | $3.8M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.743% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0410% | 8h | 0.000004810 | +0.121% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004817 | +0.263% | $579K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0497% | 8h | 0.000004804 | −0.016% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0519% | 8h | 0.000004809 | +0.099% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004834 | +0.617% | $4K | $110K | 12x | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000004815 | +0.221% | $606K | $5.3M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0697% | 1h | 0.000004807 | +0.061% | $92K | $622K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0743% | 1h | 0.000004811 | +0.141% | $188K | $848K | 10x | |
| Kraken Futures PF_PEPEUSD | +0.0762% | 1h | 0.000004808 | +0.076% | $3.9M | $13.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0765% | 1h | 0.000004818 | +0.284% | $102K | $761K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0791% | 1h | 0.000004807 | +0.055% | $81K | $94K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0804% | 1h | 0.000004809 | +0.096% | $2K | $9K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0813% | 8h | 0.000004812 | +0.152% | — | $254.7M | — | as long as short |
| MEXC PEPE_USDT | +0.0863% | 8h | 0.000004811 | +0.146% | $91.6M | $291.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0864% | 1h | 0.000004809 | +0.099% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0864% | 1h | 0.000004800 | −0.091% | $136K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0864% | 8h | 0.000004813 | +0.175% | $128.2M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0891% | 8h | 0.000004809 | +0.088% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1216% | 1h | 0.000004821 | +0.346% | $552 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD