Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.004%
Price spread now: Variational Omni against gTrade (Gains Network)+0.297%7-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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.297% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) PEPE/USD | 0.000004815 | L +0.0006% / S −0.0006% | pay 0.0001% / 1h | 44m 49s | $14K | — | 150x |
| Short | Variational Omni 1000PEPE | 0.000004829 | 0.0100 | get 0.0100% / 8h | 44m 49s | $591K | $4.1M | — |
gTrade (Gains Network) PEPE/USD
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against gTrade (Gains Network). 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
- $19.81
- Price spread: +0.297% → 0.000%
- $29.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $39.5
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 4 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 6.23 bp | doesn't fit | 14.5 bp −$145 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0252% | 1h | 0.000004805 | −0.199% | $67.4M | $88.8M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004810 | −0.101% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0006% / S −0.0006% | 1h | 0.000004815 | long leg | $14K | — | 150x | |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004819 | +0.096% | $3.9M | $13.5M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004823 | +0.174% | $59K | $115K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004814 | −0.004% | $86.6M | $288.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004815 | +0.008% | $150.7M | $64.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004817 | +0.050% | $24.6M | $54.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004811 | −0.071% | $42.5M | $149.6M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004829 | +0.297% | $591K | $4.1M | — |
Hyperliquid kPEPE
dYdX 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 | 0.000004811 | −0.066% | $26K | $348K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004803 | −0.241% | $101K | $762K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004826 | +0.237% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004820 | +0.112% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004820 | +0.118% | $545K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0176% | 1h | 0.000004813 | −0.033% | $627K | $6.3M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004818 | +0.069% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0207% | 8h | 0.000004817 | +0.056% | $5K | $16 | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0212% | 8h | 0.000004814 | −0.012% | $41.7M | $498.6M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0213% | 8h | 0.000004811 | −0.073% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0216% | 1h | 0.000004818 | +0.071% | $552 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0336% | 8h | 0.000004822 | +0.154% | $3.9M | $22.4M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0362% / S −0.0404% | 1h | 0.000004000 | −16.919% | $43K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004824 | +0.195% | $567K | $25.8M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0420% | 8h | 0.000004820 | +0.104% | $30K | $12K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004831 | +0.341% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0532% | 1h | 0.000004818 | +0.064% | $91K | $601K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0581% | 1h | 0.000004820 | +0.112% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0668% | 8h | 0.000004814 | −0.006% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0677% | 8h | 0.000004810 | −0.089% | $132.0M | $1.05B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0680% | 1h | 0.000004813 | −0.033% | $529K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0680% | 8h | 0.000004818 | +0.079% | $93.6M | $279.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0683% | 8h | 0.000004820 | +0.118% | $1.5M | $7.2M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0688% | 1h | 0.000004822 | +0.154% | $136K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0811% | 1h | 0.000004819 | +0.096% | $184K | $847K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP