Funding you earn now, next payment 00:00 UTC+0.0788%/8h= +86.3% APRnext payment +$7.88 per $10,000 · paid last 24h +0.085%
Price spread now: Aster against Variational Omni−0.713%7-day average +0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.139%+$14 on $10k
+Price spread, last 7 days+0.832%+$83 · spread now −0.713%, 7d avg +0.124%
=Together, before fees+0.972%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$97 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.837% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.713% now, against its 7-day average of +0.124%). If the spread goes back, that is −$84 on $10k: about 3.5 days of funding at the current rate (+$24 a day). At the pace of the last 3 days (+0.139% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.139% in total (about 15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.88 per $10,000. 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 | 0.000004844 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $709K | $3.7M | — |
| Short | Aster 1000PEPEUSDT | 0.000004810 | 0.0888 | get 0.0888% / 8h | 2h 16m | $1.5M | $6.8M | 50x |
Variational Omni 1000PEPE
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- $165.48
- Price spread: −0.713% → +0.124%
- −$83.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $73.81
- Costs to cover
- 0.080%
- Break-even
- 3.9 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 2 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, 3 min ago | 5.18 bp | doesn't fit | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 0.31 bp | 5.8 bp −$6 | 8.8 bp −$88 | 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 | 0.000004808 | −0.743% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004801 | −0.884% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004808 | −0.748% | $58.0M | $71.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004814 | −0.624% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004804 | −0.831% | $87.9M | $274.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004804 | −0.831% | $150.1M | $62.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004806 | −0.779% | $25.0M | $53.2M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000004844 | long leg | $709K | $3.7M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004830 | −0.296% | $27K | $340K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004822 | −0.467% | $1K | $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
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 | 0.000004813 | −0.647% | $554K | $3.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0160% | 8h | 0.000004806 | −0.789% | $41.3M | $484.2M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0178% | 8h | 0.000004811 | −0.676% | $42.6M | $151.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004809 | −0.722% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0276% | 8h | 0.000004816 | −0.583% | $3.8M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −17.428% | $52K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0406% | 8h | 0.000004810 | −0.709% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004807 | −0.769% | $577K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0473% | 8h | 0.000004808 | −0.754% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0505% | 8h | 0.000004810 | −0.705% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004822 | −0.459% | $4K | $110K | 12x | as long as short |
| Lighter 1000PEPE | +0.0568% | 1h | 0.000004817 | −0.562% | $609K | $5.2M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0682% | 1h | 0.000004813 | −0.643% | $93K | $622K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0736% | 1h | 0.000004812 | −0.669% | $188K | $848K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0762% | 1h | 0.000004807 | −0.767% | $3.9M | $13.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0791% | 1h | 0.000004809 | −0.727% | $81K | $94K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0800% | 1h | 0.000004807 | −0.769% | $2K | $9K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0813% | 8h | 0.000004810 | −0.705% | — | $2.3M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0821% | 1h | 0.000004843 | −0.025% | $102K | $762K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0856% | 1h | 0.000004807 | −0.764% | $529K | $147K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0856% | 8h | 0.000004809 | −0.719% | $91.4M | $291.3M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0856% | 1h | 0.000004812 | −0.665% | $136K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0856% | 8h | 0.000004810 | −0.703% | $128.0M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0888% | 8h | 0.000004810 | −0.713% | $1.5M | $6.8M | 50x | |
| 01 Exchange kPEPEUSD | +0.1216% | 1h | 0.000004823 | −0.438% | $552 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
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
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
BingX 1000PEPE-USDC
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
01 Exchange kPEPEUSD