Funding you earn now, next payment 16:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.004%
Price spread now: Variational Omni against KuCoin−0.730%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.039%−$4 on $10k
+Price spread, last 7 days+0.675%+$67 · spread now −0.730%, 7d avg −0.063%
=Together, before fees+0.636%+ Points / potential airdropVariational Omni: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.667% cheaper against KuCoin than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEPEUSDTM | 0.000005005 | 0.0159 | pay 0.0159% / 8h | 7h 18m | $25.9M | $75.7M | 75x |
| Short | Variational Omni 1000PEPE | 0.000004969 | 0.0100 | get 0.0100% / 8h | 7h 18m | $655K | $5.4M | — |
KuCoin PEPEUSDTM
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$12.39
- Price spread: −0.730% → −0.063%
- −$66.67
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$91.06
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Variational Omni: RFQ quote, just now. 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 KuCoin live order book, 10 min ago | 1.49 bp | 12.3 bp −$12 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 5.01 bp | doesn't fit | 29.1 bp −$291 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004987 | −0.366% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004959 | −0.925% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005009 | +0.080% | $97.2M | $445.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005002 | −0.066% | $156.9M | $101.9M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004969 | −0.730% | $655K | $5.4M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004979 | −0.518% | $27K | $566K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004991 | −0.288% | $2K | $2.7M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004985 | −0.406% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004976 | −0.593% | $577K | $4.3M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0134% | 1h | 0.000004953 | −1.045% | $145K | $839K | 25x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000004965 | −0.805% | $6K | $121K | 12x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0159% | 8h | 0.000005005 | long leg | $25.9M | $75.7M | 75x | |
| Bitget PEPEUSDT | +0.0177% | 8h | 0.000005012 | +0.132% | $44.9M | $226.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004980 | −0.501% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0317% | 8h | 0.000005013 | +0.154% | $46.1M | $744.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0367% | 1h | 0.000004998 | −0.150% | $71K | $954K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0379% | 8h | 0.000004962 | −0.866% | $6K | — | 20x | as long as short |
| Hyperliquid kPEPE | +0.0387% | 1h | 0.000005014 | +0.174% | $51.9M | $161.4M | 10x | as long as short |
| BloFin PEPE-USDT | +0.0439% | 8h | 0.000004988 | −0.346% | $4.4M | $30.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0441% | 8h | 0.000004986 | −0.380% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000004988 | −0.346% | $691K | $39.6M | 50x | as long as short |
| Lighter 1000PEPE | +0.0520% | 1h | 0.000004987 | −0.366% | $586K | $9.1M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0520% | 1h | 0.000004971 | −0.685% | $600 | $2K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0612% | 8h | 0.000005007 | +0.034% | — | $179.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0632% | 1h | 0.000005002 | −0.068% | $524K | $286K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0633% | 8h | 0.000005006 | +0.019% | $136.8M | $1.54B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0636% | 1h | 0.000004985 | −0.397% | $4.6M | $17.0M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000004977 | −0.565% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0642% | 8h | 0.000005004 | −0.024% | $98.4M | $311.5M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0652% | 8h | 0.000005002 | −0.064% | $1.7M | $12.2M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0678% | 1h | 0.000004979 | −0.515% | $155K | $957K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0748% | 8h | 0.000004988 | −0.346% | $2.3M | $8.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0754% | 1h | 0.000004985 | −0.406% | $71K | $124K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0971% / S −0.1091% | 1h | 0.000004000 | −20.085% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4137% | 1h | 0.000004955 | −1.004% | $25K | $12K | 10x | as long as short |
Injective PEPE/USDC PERP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD