Funding you earn now, next payment 00:00 UTC+0.0663%/8h= +72.6% APRnext payment +$6.63 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Variational Omni−0.651%7-day average +0.065% · 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)+0.062%+$6 on $10k
+Price spread, last 7 days+0.700%+$70 · spread now −0.651%, 7d avg +0.065%
=Together, before fees+0.762%+ Points / potential airdropVariational Omni: Active · farm board+$76 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.716% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.651% now, against its 7-day average of +0.065%). If the spread goes back, that is −$72 on $10k: about 3.6 days of funding at the current rate (+$20 a day). At the pace of the last 3 days (+0.062% in total) that is about 37 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.062% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.63 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 56m | $724K | $3.8M | — |
| Short | BingX 1000PEPE-USDT | 0.000004893 | 0.0763 | get 0.0763% / 8h | 2h 56m | — | $253.7M | — |
Variational Omni 1000PEPE
BingX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $139.23
- Price spread: −0.651% → +0.065%
- −$71.58
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $57.65
- Costs to cover
- 0.100%
- Break-even
- 4.1 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 13 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 | 5.09 bp | doesn't fit | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 0.10 bp | 5.1 bp −$5 | 8.7 bp −$87 | 15.3 bp −$1,529 | 34.7 bp −$17.3K |
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 | 0.000004891 | −0.682% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004888 | −0.733% | $15K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004891 | −0.682% | $56.7M | $67.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004896 | −0.580% | $58K | $108K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004890 | −0.702% | $88.5M | $265.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004896 | −0.580% | $42.7M | $485.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004888 | −0.743% | $149.0M | $59.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004892 | −0.661% | $25.0M | $49.6M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004887 | −0.769% | $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 | 0.000004897 | −0.564% | $2K | $2.4M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004896 | −0.574% | $563K | $3.5M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0141% | 1h | 0.000004896 | −0.580% | $2K | $9K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0183% | 8h | 0.000004896 | −0.582% | $45.9M | $136.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004893 | −0.651% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004892 | −0.661% | $4.0M | $21.6M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0312% / S −0.0262% | 1h | 0.000004000 | −18.775% | $48K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0320% | 1h | 0.000004896 | −0.580% | $588K | $4.9M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0345% | 8h | 0.000004896 | −0.580% | $31K | $10K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0354% | 8h | 0.000004887 | −0.769% | $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 | +0.0437% | 8h | 0.000004893 | −0.643% | $2.4M | $6.2M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004887 | −0.763% | $628K | $25.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0504% | 1h | 0.000004891 | −0.682% | $560 | $2K | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004898 | −0.540% | $4K | $92K | 12x | as long as short |
| Nado kPEPE-PERP | +0.0646% | 1h | 0.000004891 | −0.683% | $193K | $845K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0748% | 1h | 0.000004896 | −0.582% | $3.9M | $12.5M | 50x | as long as short |
| BingX 1000PEPE-USDTshort | +0.0763% | 8h | 0.000004893 | −0.651% | — | $253.7M | — | |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000004897 | −0.558% | $537K | $146K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0792% | 8h | 0.000004896 | −0.586% | $131.5M | $991.8M | 75x | as long as short |
| MEXC PEPE_USDT | +0.0796% | 8h | 0.000004890 | −0.708% | $125.6M | $279.1M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000004883 | −0.844% | $138K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0857% | 8h | 0.000004890 | −0.702% | $1.5M | $6.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0977% | 1h | 0.000004895 | −0.601% | $79K | $91K | 25x | as long as short |
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
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
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL