Funding you earn now, next payment 08:00 UTC+0.0468%/8h= +51.3% APRnext payment +$4.68 per $10,000 · paid last 24h +0.041%
Price spread now: Paradex against Variational Omni+0.585%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Paradex is 0.585% dearer against Variational Omni than usual: you sell high and buy low: +$58 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni 1000PEPE | 0.000005062 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $602K | $5.4M | — |
| Short | Paradex kPEPE-USD-PERP | 0.000005091 | 0.0568 | get 0.0568% / 8h | 2h 19m | $6K | — | 20x |
Variational Omni 1000PEPE
Paradex kPEPE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $98.31
- Price spread: +0.585% → 0.000%
- $58.47
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $152.78
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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, 5 min ago | 4.97 bp | doesn't fit | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005079 | +0.335% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005086 | +0.482% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005086 | +0.482% | $58K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005089 | +0.543% | $100.0M | $406.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005093 | +0.620% | $162.9M | $94.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005092 | +0.590% | $25.3M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000005062 | long leg | $602K | $5.4M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005066 | +0.080% | $28K | $539K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005096 | +0.687% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005083 | +0.428% | $569K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005093 | +0.628% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0251% | 1h | 0.000005091 | +0.581% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0334% | 8h | 0.000005090 | +0.559% | $45.5M | $211.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0394% | 8h | 0.000005092 | +0.598% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0424% | 8h | 0.000005093 | +0.620% | $46.8M | $700.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005063 | +0.027% | $4.4M | $28.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERPshort | +0.0568% | 8h | 0.000005091 | +0.585% | $6K | — | 20x | |
| Phemex u1000PEPEUSDT | +0.0623% | 8h | 0.000005080 | +0.363% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0657% | 1h | 0.000005090 | +0.557% | $74K | $834K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0671% | 1h | 0.000005095 | +0.669% | $168K | $944K | 10x | as long as short |
| Lighter 1000PEPE | +0.0672% | 1h | 0.000005094 | +0.640% | $603K | $9.1M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005095 | +0.660% | $656K | $37.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0688% | 1h | 0.000005085 | +0.462% | $613 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0717% | 1h | 0.000005024 | −0.743% | $154K | $813K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0733% | 1h | 0.000005092 | +0.600% | $73K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005090 | +0.563% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0796% | 8h | 0.000005093 | +0.624% | $98.2M | $302.9M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005090 | +0.559% | $539K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005092 | +0.600% | $144K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0801% | 8h | 0.000005090 | +0.560% | $142.7M | $1.42B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0839% | 1h | 0.000005089 | +0.535% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0844% | 8h | 0.000005092 | +0.598% | $1.8M | $11.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1006% | 1h | 0.000005098 | +0.719% | $53.9M | $152.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1130% / S −0.2171% | 1h | 0.000005000 | −1.217% | $64K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005027 | −0.684% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP