Funding you earn now, next payment 00:00 UTC−0.0516%/8h= −56.5% APRnext payment −$5.16 per $10,000 · paid last 24h −0.024%
Price spread now: Variational Omni against BingX+0.058%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.063%−$6 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.058%, 7d avg −0.019%
=Together, before fees−0.132%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.076% dearer against BingX than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.019%): +$8 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.063% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.063% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDC | 0.000004762 | 0.0616 | pay 0.0616% / 8h | 26m 58s | — | $2.3M | — |
| Short | Variational Omni 1000PEPE | 0.000004765 | 0.0100 | get 0.0100% / 8h | 26m 58s | $583K | $4.1M | — |
BingX 1000PEPE-USDC
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$108.36
- Price spread: +0.058% → −0.019%
- $7.64
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$110.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 min ago; Variational Omni: RFQ quote, 2 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 BingX live order book, 7 min ago | 0.63 bp | 11.8 bp −$12 | 19.3 bp −$193 | 89.7 bp −$8,971 | 227.2 bp −$113.6K |
| Sell Variational Omni RFQ quote, 2 min ago | 6.29 bp | doesn't fit | 16.8 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0167% | 1h | 0.000004758 | −0.088% | $66.7M | $93.3M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004757 | −0.100% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004759 | −0.076% | $13K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004760 | −0.048% | $3.8M | $13.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004761 | −0.025% | $59K | $116K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004763 | +0.017% | $85.8M | $290.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004759 | −0.067% | $149.2M | $64.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004762 | −0.008% | $24.2M | $54.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004764 | +0.029% | $42.1M | $150.3M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004765 | +0.058% | $583K | $4.1M | — |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004770 | +0.164% | $25K | $348K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004769 | +0.143% | $99K | $754K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004772 | +0.214% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004762 | −0.004% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004763 | +0.025% | $540K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0112% | 1h | 0.000004766 | +0.080% | $593K | $6.4M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0183% | 8h | 0.000004765 | +0.051% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0187% | 8h | 0.000004762 | +0.004% | $2.3M | $6.4M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004764 | +0.027% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0205% | 8h | 0.000004765 | +0.059% | $41.5M | $495.2M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0264% | 1h | 0.000004770 | +0.164% | $546 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004766 | +0.080% | $3.9M | $22.3M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0380% / S −0.0341% | 1h | 0.000004000 | −16.005% | $47K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0385% | 8h | 0.000004764 | +0.040% | $30K | $12K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004760 | −0.046% | $564K | $25.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004767 | +0.101% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0593% | 1h | 0.000004766 | +0.080% | $90K | $602K | 15x | as long as short |
| MEXC PEPE_USDT | +0.0613% | 8h | 0.000004764 | +0.027% | $91.1M | $281.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0613% | 8h | 0.000004767 | +0.092% | $131.3M | $1.06B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0614% | 8h | 0.000004765 | +0.052% | $1.5M | $7.3M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0616% | 1h | 0.000004763 | +0.009% | $524K | $148K | 25x | as long as short |
| BingX 1000PEPE-USDClong | +0.0616% | 8h | 0.000004762 | long leg | — | $2.3M | — | |
| Aevo 1000PEPE-PERP | +0.0616% | 1h | 0.000004765 | +0.059% | $135K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0675% | 1h | 0.000004765 | +0.055% | $182K | $849K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0801% | 1h | 0.000004764 | +0.038% | $77K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL