Funding you earn now, next payment 07:00 UTC+0.0715%/8h= +78.2% APRnext payment +$0.89 per $10,000 · paid last 24h +0.126%
Price spread now: Nado against dYdX+0.089%49s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Nado is 0.089% dearer against dYdX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005163 | 0 | get 0.0000% / 1h | 53m 33s | $19K | $95 | 10x |
| Short | Nado kPEPE-PERP | 0.000005168 | 0.0715 | get 0.0089% / 1h | 53m 33s | $164K | $956K | 10x |
dYdX PEPE-USD
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against dYdX. 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
- $150.06
- Price spread: +0.089% → 0.000%
- $8.85
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $141.91
- Costs to cover
- 0.170%
- Break-even
- 0.4 days
Slippage unknown: dYdX: no order-book sample; Nado: live order book, 55 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 55 min ago | 1.99 bp | 10.9 bp −$11 | 29.8 bp −$298 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005156 | −0.137% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USDlong | 0.0000% | 1h | 0.000005163 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | −0.062% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005169 | +0.115% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005169 | +0.105% | $101.7M | $414.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005164 | +0.018% | $163.9M | $95.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005166 | +0.062% | $25.7M | $71.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005162 | −0.029% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005167 | +0.079% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005176 | +0.241% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
gTrade (Gains Network) PEPE/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005169 | +0.115% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005174 | +0.208% | $595K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005168 | +0.100% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0308% | 8h | 0.000005168 | +0.091% | $46.2M | $213.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005168 | +0.088% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0415% | 8h | 0.000005172 | +0.173% | $48.4M | $724.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005165 | +0.039% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0509% | 8h | 0.000005169 | +0.113% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0525% | 1h | 0.000005166 | +0.057% | $74K | $127K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0526% | 1h | 0.000005166 | +0.060% | $72K | $848K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005178 | +0.289% | $4.6M | $29.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0582% | 8h | 0.000005163 | −0.005% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0624% | 1h | 0.000005177 | +0.270% | $623K | $9.0M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005164 | +0.018% | $698K | $38.3M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0632% | 1h | 0.000005170 | +0.134% | $624 | $3K | 10x | as long as short |
| Nado kPEPE-PERPshort | +0.0715% | 1h | 0.000005168 | +0.089% | $164K | $956K | 10x | |
| BingX 1000PEPE-USDC | +0.0751% | 8h | 0.000005171 | +0.163% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0782% | 8h | 0.000005170 | +0.142% | $98.9M | $302.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0782% | 8h | 0.000005170 | +0.136% | $142.9M | $1.45B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005169 | +0.119% | $547K | $285K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005170 | +0.134% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0803% | 8h | 0.000005171 | +0.153% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0946% | 1h | 0.000005176 | +0.250% | $55.2M | $154.4M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −3.159% | $64K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1244% | 1h | 0.000005189 | +0.502% | $157K | $818K | 25x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT