Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h −0.039%
Price spread now: Nado against Aster−0.027%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.027%, 7d avg −0.053%
=Together, before fees+0.028%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.026% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 3 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000PEPEUSDT | 0.000005172 | 0.0849 | pay 0.0849% / 8h | 4h 17m | $1.8M | $9.6M | 50x |
| Short | Nado kPEPE-PERP | 0.000005170 | 0.0923 | get 0.0115% / 1h | 17m 02s | $186K | $903K | 10x |
Aster 1000PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. 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
- $15.52
- Price spread: −0.027% → −0.053%
- $2.64
- Slippage, 4 orders
- −$24.71
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$21.54
- Costs to cover
- 0.397%
- Break-even
- 16.7 days
Slippage from Aster: live order book, 2 min ago; Nado: live order book, 41 min ago.
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 Aster live order book, 2 min ago | 1.36 bp | 8.3 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 min ago | 4.94 bp | 11.2 bp −$11 | 42.4 bp −$424 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005158 | −0.266% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005170 | −0.027% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005164 | −0.151% | $66K | $146K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005166 | −0.110% | $99.7M | $359.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005169 | −0.054% | $168.0M | $82.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005176 | +0.083% | $26.2M | $65.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005124 | −0.933% | $801K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005148 | −0.451% | $42K | $465K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005176 | +0.075% | $2K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005180 | +0.155% | $593K | $3.7M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
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 | 0.000005170 | −0.037% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0209% | 8h | 0.000005171 | −0.014% | $47.8M | $180.2M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | +0.023% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0356% | 8h | 0.000005176 | +0.085% | $34K | $24K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0390% | 8h | 0.000005171 | −0.015% | $48.4M | $631.9M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0510% | 8h | 0.000005170 | −0.035% | $4.4M | $26.7M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0564% | 8h | 0.000005169 | −0.046% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005181 | +0.178% | $970K | $34.3M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0704% | 8h | 0.000005175 | +0.052% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0739% | 1h | 0.000005176 | +0.081% | $2K | $10K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0744% | 1h | 0.000005169 | −0.055% | $547K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0744% | 1h | 0.000005216 | +0.855% | $147K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0747% | 8h | 0.000005172 | +0.010% | $147.3M | $1.26B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0748% | 8h | 0.000005172 | +0.010% | $99.3M | $291.9M | 300x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0794% | 8h | 0.000005169 | −0.056% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0795% / S −0.1595% | 1h | 0.000005000 | −3.322% | $63K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0806% | 1h | 0.000005163 | −0.170% | $101K | $743K | 25x | as long as short |
| Lighter 1000PEPE | +0.0816% | 1h | 0.000005179 | +0.139% | $615K | $8.3M | 10x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0849% | 8h | 0.000005172 | long leg | $1.8M | $9.6M | 50x | |
| Nado kPEPE-PERPshort | +0.0923% | 1h | 0.000005170 | −0.027% | $186K | $903K | 10x | |
| 01 Exchange kPEPEUSD | +0.1104% | 1h | 0.000005174 | +0.043% | $624 | $3K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1104% | 1h | 0.000005176 | +0.081% | $73K | $125K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1166% | 1h | 0.000005178 | +0.122% | $62K | $666K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1258% | 1h | 0.000005176 | +0.073% | $4.7M | $16.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1575% | 1h | 0.000005180 | +0.159% | $55.9M | $142.2M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE