Funding you earn now, next payment 06:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.091%
Price spread now: Aevo against Variational Omni+0.126%7-day average +0.086% · 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)+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.126%, 7d avg +0.086%
=Together, before fees+0.226%+ Points / potential airdropVariational Omni: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Aevo is 0.041% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.137% in total (about 14.1% 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 | Variational Omni 1000PEPE | 0.000005011 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $601K | $5.4M | — |
| Short | Aevo 1000PEPE-PERP | 0.000005017 | 0.0800 | get 0.0100% / 1h | 40m 05s | $142K | — | 3x |
Variational Omni 1000PEPE
Aevo 1000PEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Variational Omni. 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
- $147
- Price spread: +0.126% → +0.086%
- $4.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $135.05
- Costs to cover
- 0.160%
- Break-even
- 0.6 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aevo: live order book, 9 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 Variational Omni RFQ quote, 4 min ago | 4.95 bp | doesn't fit | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 9 min ago | 272.79 bp | 566.2 bp −$566 | doesn't fit | 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 | 0.000005002 | −0.168% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000005017 | +0.116% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005008 | −0.053% | $58K | $176K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004999 | −0.233% | $98.7M | $402.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005011 | +0.007% | $161.9M | $93.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005010 | −0.019% | $25.0M | $70.4M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000005011 | long leg | $601K | $5.4M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005029 | +0.364% | $28K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005022 | +0.226% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005008 | −0.045% | $563K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0165% | 1h | 0.000005016 | +0.106% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005009 | −0.030% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0342% | 8h | 0.000005000 | −0.207% | $45.1M | $209.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0410% | 8h | 0.000005019 | +0.164% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0419% | 8h | 0.000005002 | −0.173% | $46.3M | $680.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0544% | 8h | 0.000005008 | −0.059% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005011 | +0.007% | $4.4M | $27.8M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0643% | 8h | 0.000005011 | −0.001% | $2.4M | $7.9M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005010 | −0.013% | $604 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0660% | 1h | 0.000005010 | −0.007% | $73K | $828K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005027 | +0.326% | $632K | $36.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0696% | 1h | 0.000005020 | +0.186% | $596K | $9.0M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0746% | 1h | 0.000005024 | +0.266% | $72K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0770% | 8h | 0.000005008 | −0.043% | — | $238.5M | — | as long as short |
| Nado kPEPE-PERP | +0.0782% | 1h | 0.000005007 | −0.083% | $165K | $942K | 10x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0800% | 1h | 0.000005017 | +0.126% | $142K | — | 3x | |
| Binance 1000PEPEUSDT | +0.0805% | 8h | 0.000005010 | −0.013% | $141.2M | $1.40B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0805% | 8h | 0.000005008 | −0.047% | $96.5M | $300.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005018 | +0.144% | $530K | $277K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0852% | 1h | 0.000005014 | +0.072% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0867% | 8h | 0.000005008 | −0.052% | $1.8M | $11.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0970% | 1h | 0.000005028 | +0.346% | $154K | $814K | 25x | as long as short |
| Hyperliquid kPEPE | +0.1081% | 1h | 0.000005014 | +0.066% | $53.2M | $151.2M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1081% / S −0.2014% | 1h | 0.000005000 | −0.213% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | +0.466% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Nado kPEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP