Funding you earn now, next payment 00:00 UTC+0.0696%/8h= +76.3% APRnext payment +$6.96 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against Variational Omni−0.669%7-day average +0.100% · 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)+0.032%+$3 on $10k
+Price spread, last 7 days+0.746%+$75 · spread now −0.669%, 7d avg +0.100%
=Together, before fees+0.778%+ Points / potential airdropVariational Omni: Active · farm board+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.769% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.669% now, against its 7-day average of +0.100%). If the spread goes back, that is −$77 on $10k: about 3.7 days of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.032% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.032% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.96 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 | 0.000004925 | 0.0100 | pay 0.0100% / 8h | 2h 57m | $724K | $3.8M | — |
| Short | Binance 1000PEPEUSDT | 0.000004892 | 0.0796 | get 0.0796% / 8h | 2h 57m | $131.4M | $993.4M | 75x |
Variational Omni 1000PEPE
Binance 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $146.25
- Price spread: −0.669% → +0.100%
- −$76.91
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $59.34
- Costs to cover
- 0.100%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 16 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, 2 min ago | 5.09 bp | doesn't fit | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.31 bp | 9.3 bp −$9 | 14.9 bp −$149 | 38.7 bp −$3,874 | 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 | 0.000004885 | −0.814% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004895 | −0.594% | $15K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004888 | −0.743% | $56.6M | $67.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004888 | −0.743% | $58K | $108K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004886 | −0.783% | $88.4M | $268.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004892 | −0.661% | $42.7M | $488.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004885 | −0.804% | $148.9M | $59.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004887 | −0.757% | $24.9M | $49.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004894 | −0.629% | $97K | $593K | 15x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000004925 | long leg | $724K | $3.8M | — |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
KuCoin PEPEUSDTM
Backpack kPEPE_USDC_PERPShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004915 | −0.196% | $28K | $337K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004905 | −0.393% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004898 | −0.540% | $2K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004890 | −0.704% | $563K | $3.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0182% | 8h | 0.000004891 | −0.690% | $45.9M | $141.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004889 | −0.730% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004909 | −0.316% | $4.0M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0310% / S −0.0261% | 1h | 0.000004000 | −18.775% | $48K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0320% | 1h | 0.000004890 | −0.702% | $594K | $4.9M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0342% | 8h | 0.000004898 | −0.538% | $31K | $10K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0356% | 8h | 0.000004887 | −0.766% | $5K | $26 | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0381% | 1h | 0.000004904 | −0.418% | $101K | $754K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0441% | 8h | 0.000004891 | −0.690% | $2.4M | $6.2M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004907 | −0.357% | $631K | $25.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0504% | 1h | 0.000004894 | −0.621% | $561 | $2K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004922 | −0.052% | $4K | $92K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0748% | 1h | 0.000004898 | −0.538% | $3.9M | $12.5M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0763% | 8h | 0.000004885 | −0.810% | — | $253.6M | — | as long as short |
| Nado kPEPE-PERP | +0.0783% | 1h | 0.000004892 | −0.656% | $193K | $857K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0796% | 8h | 0.000004889 | −0.730% | $125.3M | $278.9M | 300x | as long as short |
| Binance 1000PEPEUSDTshort | +0.0796% | 8h | 0.000004892 | −0.669% | $131.4M | $993.4M | 75x | |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000004887 | −0.771% | $537K | $146K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004893 | −0.641% | $138K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0862% | 8h | 0.000004892 | −0.660% | $1.5M | $6.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0976% | 1h | 0.000004901 | −0.479% | $79K | $91K | 25x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
ApeX Omni 1000PEPEUSDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
Nado kPEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL