Funding you earn now, next payment 21:00 UTC−0.0111%/8h= −12.2% APRnext payment −$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Extended−0.049%7-day average +0.041% · 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−$45as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 3 days (all we have)+0.006%+$1 on $10k
+Price spread, last 3 days (all we have)+0.270%+$27 · spread now −0.049%, 7d avg +0.041%
=Together, before fees+0.276%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.089% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000004976 | 0.0816 | pay 0.0102% / 1h | 32m 16s | $549K | $145K | 25x |
| Short | Nado kPEPE-PERP | 0.000004973 | 0.0705 | get 0.0088% / 1h | 32m 16s | $195K | $848K | 10x |
Extended 1000PEPE-USD
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Extended. 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
- −$23.32
- Price spread: −0.049% → +0.041%
- −$8.93
- Slippage, 4 orders
- −$23.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$68.17
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Extended: live order book, 16 min ago; Nado: live order book, 16 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 Extended live order book, 16 min ago | 3.03 bp | 7.6 bp −$8 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Nado live order book, 16 min ago | 3.03 bp | 8.2 bp −$8 | 26.5 bp −$265 | 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 | 0.000004978 | +0.046% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004967 | −0.174% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004985 | +0.190% | $59K | $106K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004964 | −0.232% | $90.2M | $261.8M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004965 | −0.212% | $43.8M | $489.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004970 | −0.112% | $151.7M | $59.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004972 | −0.073% | $25.2M | $47.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004982 | +0.121% | $725K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004988 | +0.257% | $28K | $332K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004979 | +0.075% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
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 | 0.000004987 | +0.226% | $574K | $3.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0167% | 8h | 0.000004971 | −0.100% | $47.1M | $138.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0188% | 1h | 0.000004972 | −0.070% | $8K | — | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0197% / S −0.0087% | 1h | 0.000004000 | −19.607% | $55K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004988 | +0.250% | $4.1M | $21.6M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0291% | 1h | 0.000004971 | −0.092% | $2K | $9K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0317% | 8h | 0.000004974 | −0.029% | $31K | $10K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004991 | +0.310% | $645K | $25.4M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0466% | 8h | 0.000004965 | −0.222% | $2.4M | $6.2M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0470% | 1h | 0.000005000 | +0.491% | $103K | $756K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0480% | 8h | 0.000004978 | +0.056% | $6K | $26 | 20x | as long as short |
| Hyperliquid kPEPE | +0.0519% | 1h | 0.000004974 | −0.031% | $56.9M | $62.9M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0555% | 1h | 0.000004975 | −0.011% | $80K | $91K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0568% | 1h | 0.000004987 | +0.222% | $99K | $576K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0705% | 1h | 0.000004973 | −0.049% | $195K | $848K | 10x | |
| 01 Exchange kPEPEUSD | +0.0760% | 1h | 0.000004979 | +0.069% | $570 | $2K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0778% | 8h | 0.000004973 | −0.045% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USDlong | +0.0816% | 1h | 0.000004976 | long leg | $549K | $145K | 25x | |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000004977 | +0.029% | $141K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0819% | 8h | 0.000004968 | −0.160% | $134.1M | $969.7M | 75x | as long as short |
| MEXC PEPE_USDT | +0.0820% | 8h | 0.000004972 | −0.079% | $118.2M | $269.3M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0909% | 8h | 0.000004972 | −0.071% | $1.5M | $6.6M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0911% | 1h | 0.000004972 | −0.071% | $4.0M | $12.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.1046% | 1h | 0.000004995 | +0.391% | $5K | $81K | 12x | as long as short |
| Lighter 1000PEPE | +0.1080% | 1h | 0.000004975 | −0.011% | $602K | $4.9M | 10x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
SoDEX 1000PEPE-USD
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Lighter 1000PEPE