PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against Variational Omni−0.492%7-day average +0.063% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 7 days+0.547%+$55 · spread now −0.492%, 7d avg +0.063%

Together, before fees+0.586%+ Points / potential airdropVariational Omni: Active · farm board+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.555% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.492% now, against its 7-day average of +0.063%). If the spread goes back, that is −$55 on $10k: about 40 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni 1000PEPE	0.000005037	0.0100	pay 0.0100% / 8h	7h 10m	$664K	$5.4M	—
Short	KuCoin PEPEUSDTM	0.000005012	0.0146	get 0.0146% / 8h	7h 10m	$25.6M	$75.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.492%Rate

Funding earned: $9.66
Price spread: −0.492% → +0.063%: −$55.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$57.81
Costs to cover: 0.120%
Break-even: 48.9 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; KuCoin: live order book, 8 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	5.97 bp	doesn't fit	15.9 bp −$159	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	2.29 bp	22.0 bp −$22	35.1 bp −$351	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
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005000	−0.730%	$3K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005008	−0.571%	$57K	$195K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005007	−0.591%	$97.1M	$447.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005006	−0.611%	$160.0M	$103.0M	75x	as long as short
Variational Omni 1000PEPElong	+0.0100%	8h	0.000005037	long leg	$664K	$5.4M	—
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005032	−0.088%	$28K	$568K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005008	−0.567%	$1K	$2.7M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000005007	−0.591%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005010	−0.541%	$585K	$4.3M	75x	as long as short
KuCoin PEPEUSDTMshort	+0.0146%	8h	0.000005012	−0.492%	$25.6M	$75.9M	75x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective PEPE/USDC PERP	+0.0147%	1h	0.000005001	−0.710%	$6K	$121K	12x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0149%	1h	0.000005005	−0.631%	$147K	$845K	25x	as long as short
Bitget PEPEUSDT	+0.0160%	8h	0.000005009	−0.559%	$44.7M	$226.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005008	−0.565%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0304%	8h	0.000005010	−0.531%	$45.9M	$744.7M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0335%	8h	0.000005007	−0.599%	$6K	—	20x	as long as short
Hyperliquid kPEPE	+0.0336%	1h	0.000005020	−0.333%	$51.8M	$161.8M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0350%	1h	0.000005006	−0.611%	$57K	$139K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0351%	8h	0.000005012	−0.484%	$2.3M	$8.1M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0361%	1h	0.000005014	−0.450%	$67K	$957K	15x	as long as short
Lighter 1000PEPE	+0.0376%	1h	0.000005008	−0.571%	$593K	$9.1M	10x	as long as short
BloFin PEPE-USDT	+0.0427%	8h	0.000005009	−0.551%	$4.4M	$30.1M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0436%	8h	0.000005002	−0.684%	$32K	$30K	20x	as long as short
01 Exchange kPEPEUSD	+0.0464%	1h	0.000004999	−0.750%	$603	$2K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0504%	1h	0.000005005	−0.631%	$684K	$39.8M	50x	as long as short
BingX 1000PEPE-USDT	+0.0597%	8h	0.000005008	−0.565%	—	$179.6M	—	as long as short
Nado kPEPE-PERP	+0.0603%	1h	0.000005005	−0.639%	$153K	$950K	10x	as long as short
Binance 1000PEPEUSDT	+0.0605%	8h	0.000005006	−0.610%	$132.4M	$1.55B	75x	as long as short
Extended 1000PEPE-USD	+0.0608%	1h	0.000005007	−0.599%	$525K	$286K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0608%	1h	0.000005000	−0.730%	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0612%	8h	0.000005011	−0.508%	$100.1M	$313.0M	300x	as long as short
Aster 1000PEPEUSDT	+0.0628%	8h	0.000005005	−0.623%	$1.7M	$12.2M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0633%	1h	0.000005005	−0.628%	$4.6M	$17.2M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0971% / S −0.1091%	1h	0.000005000	−0.730%	$50K	—	100x	as long as short
dYdX PEPE-USD	+0.4204%	1h	0.000005002	−0.696%	$25K	$12K	10x	as long as short