Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Variational Omni−0.500%66s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.500% cheaper against Variational Omni than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Variational Omni 1000PEPE | 0.000005155 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $615K | $5.3M | — |
| Short | gTrade (Gains Network) PEPE/USD | 0.000005129 | L +0.0006% / S −0.0008% | get 0.0001% / 1h | 37m 07s | $4K | — | 150x |
Variational Omni 1000PEPE
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$19.23
- Price spread: −0.500% → 0.000%
- −$50.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$79.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; gTrade (Gains Network): no order-book sample. 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 | 4.87 bp | doesn't fit | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005141 | −0.264% | $9K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005124 | −0.592% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0008% | 1h | 0.000005129 | −0.500% | $4K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005123 | −0.613% | $59K | $181K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005108 | −0.900% | $100.7M | $416.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005105 | −0.962% | $163.1M | $96.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005110 | −0.865% | $25.8M | $72.2M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000005155 | long leg | $615K | $5.3M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005136 | −0.352% | $28K | $541K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005131 | −0.466% | $1K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
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 | 0.000005127 | −0.532% | $594K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0161% | 1h | 0.000005128 | −0.516% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005126 | −0.553% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0295% | 8h | 0.000005108 | −0.910% | $45.7M | $215.0M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0347% | 1h | 0.000005157 | +0.047% | $156K | $822K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0386% | 8h | 0.000005129 | −0.489% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0391% | 1h | 0.000005113 | −0.813% | $74K | $855K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0412% | 8h | 0.000005109 | −0.885% | $47.8M | $722.3M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0455% | 1h | 0.000005126 | −0.560% | $4.6M | $16.9M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0511% | 8h | 0.000005120 | −0.668% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0531% | 1h | 0.000005126 | −0.555% | $73K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0541% | 8h | 0.000005115 | −0.768% | $4.5M | $29.4M | 75x | as long as short |
| Lighter 1000PEPE | +0.0560% | 1h | 0.000005113 | −0.807% | $610K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0597% | 8h | 0.000005120 | −0.669% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005125 | −0.574% | $672K | $38.6M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005129 | −0.497% | $619 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0733% | 1h | 0.000005131 | −0.465% | $163K | $957K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0734% | 8h | 0.000005109 | −0.885% | — | $217.5M | — | as long as short |
| Extended 1000PEPE-USD | +0.0768% | 1h | 0.000005126 | −0.550% | $544K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0768% | 1h | 0.000005130 | −0.477% | $145K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0769% | 8h | 0.000005110 | −0.863% | $98.2M | $303.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0769% | 8h | 0.000005114 | −0.797% | $141.0M | $1.46B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0775% | 8h | 0.000005118 | −0.703% | $1.8M | $11.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0978% | 1h | 0.000005113 | −0.807% | $54.4M | $155.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2257% | 1h | 0.000005000 | −2.999% | $64K | — | 100x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]