Funding you earn now, next payment 05:00 UTC−0.0361%/8h= −39.5% APRnext payment −$0.45 per $10,000 · paid last 24h −0.042%
Price spread now: Nado against 01 Exchange−0.342%7-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
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.342% cheaper against 01 Exchange than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange kPEPEUSD | 0.000005270 | 0.1344 | pay 0.0168% / 1h | 56m 56s | $636 | $3K | 10x |
| Short | Nado kPEPE-PERP | 0.000005252 | 0.0983 | get 0.0123% / 1h | 56m 56s | $184K | $910K | 10x |
01 Exchange kPEPEUSD
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- −$75.83
- Price spread: −0.342% → 0.000%
- −$34.16
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$123.99
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 61 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 61 min ago | 4.94 bp | 11.2 bp −$11 | 42.4 bp −$424 | doesn't fit | doesn't fit |
01 Exchange: 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 | 0.000005257 | −0.254% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005241 | −0.560% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005255 | −0.285% | $3K | $110K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005266 | −0.076% | $69K | $152K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005272 | +0.028% | $103.2M | $365.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005263 | −0.133% | $172.0M | $84.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005278 | +0.150% | $27.4M | $66.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005245 | −0.482% | $840K | $4.9M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005263 | −0.142% | $38K | $490K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005280 | +0.192% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
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 | 0.000005274 | +0.070% | $613K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005246 | −0.461% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0240% | 8h | 0.000005286 | +0.309% | $48.7M | $183.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0370% | 8h | 0.000005251 | −0.366% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0410% | 8h | 0.000005284 | +0.266% | $50.8M | $660.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0526% | 8h | 0.000005272 | +0.038% | $4.5M | $27.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0594% | 8h | 0.000005270 | −0.006% | $2.6M | $7.4M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0703% | 1h | 0.000005251 | −0.361% | $74K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005282 | +0.228% | $775K | $35.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0742% | 8h | 0.000005275 | +0.104% | — | $263.4M | — | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005282 | +0.236% | $557K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005268 | −0.038% | $149K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0785% | 8h | 0.000005287 | +0.315% | $103.0M | $291.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0788% | 8h | 0.000005273 | +0.053% | $153.3M | $1.29B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0802% | 8h | 0.000005261 | −0.168% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0824% | 1h | 0.000005272 | +0.038% | $640K | $8.4M | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0832% | 1h | 0.000005271 | +0.019% | $2K | $10K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0859% / S −0.1692% | 1h | 0.000005000 | −5.123% | $64K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0888% | 1h | 0.000005253 | −0.323% | $173K | $797K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0900% | 8h | 0.000005263 | −0.139% | $1.9M | $9.8M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0983% | 1h | 0.000005252 | −0.342% | $184K | $910K | 10x | |
| 01 Exchange kPEPEUSDlong | +0.1344% | 1h | 0.000005270 | long leg | $636 | $3K | 10x | |
| Backpack kPEPE_USDC_PERP | +0.1409% | 1h | 0.000005268 | −0.032% | $84K | $715K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1548% | 1h | 0.000005275 | +0.100% | $4.8M | $16.2M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1722% | 1h | 0.000005273 | +0.057% | $57.3M | $143.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
SoDEX 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE