Funding you earn now, next payment 06:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.080%
Price spread now: edgeX against Nado+0.596%62s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
Funding, last 3 days (all we have)−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.536%−$54 · spread now +0.596%, 7d avg −0.001%
=Together, before fees−0.624%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.597% dearer against Nado than usual: you sell high and buy low (spread +0.596% now, against its 7-day average of −0.001%): +$60 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 3 days (−0.089% in total) that is about 23 days. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.089% in total (about -9.4% a year). A funding rate is set anew for every payment. 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 | Nado kPEPE-PERP | 0.000005130 | 0.0658 | pay 0.0082% / 1h | 3m 45s | $160K | $952K | 10x |
| Short | edgeX 1000PEPEUSDC | 0.000005161 | 0.0100 | get 0.0050% / 4h | 2h 03m | $28K | $539K | 20x |
Nado kPEPE-PERP
edgeX 1000PEPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Nado. 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
- −$117.2
- Price spread: +0.596% → −0.001%
- $59.68
- Slippage, 4 orders
- −$14.39
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$87.91
- Costs to cover
- 0.304%
- Break-even
- from the start
Slippage from Nado: live order book, 45 min ago; edgeX: live order book, 45 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 Nado live order book, 45 min ago | 1.99 bp | 8.2 bp −$8 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 45 min ago | 0.99 bp | 5.6 bp −$6 | 8.6 bp −$86 | 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 | 0.000005123 | −0.153% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005128 | −0.054% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005130 | −0.009% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005128 | −0.048% | $100.2M | $410.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005125 | −0.106% | $162.3M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005133 | +0.056% | $25.9M | $71.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005136 | +0.100% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000005161 | +0.596% | $28K | $539K | 20x | |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005140 | +0.178% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005126 | −0.089% | $583K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0152% | 1h | 0.000005134 | +0.069% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005133 | +0.043% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0319% | 8h | 0.000005126 | −0.089% | $45.6M | $212.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0381% | 8h | 0.000005134 | +0.077% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005132 | +0.030% | $47.9M | $713.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0541% | 8h | 0.000005129 | −0.021% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0548% | 8h | 0.000005127 | −0.067% | $4.3M | $29.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0608% | 1h | 0.000005134 | +0.069% | $619K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0620% | 8h | 0.000005132 | +0.032% | $2.4M | $8.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0647% | 1h | 0.000005136 | +0.118% | $68K | $843K | 15x | as long as short |
| Nado kPEPE-PERPlong | +0.0658% | 1h | 0.000005130 | long leg | $160K | $952K | 10x | |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005134 | +0.069% | $619 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005137 | +0.128% | $687K | $38.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0725% | 1h | 0.000005133 | +0.050% | $73K | $127K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0737% | 1h | 0.000005159 | +0.556% | $156K | $817K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0760% | 8h | 0.000005135 | +0.089% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0792% | 8h | 0.000005131 | +0.017% | $142.7M | $1.44B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005129 | −0.034% | $544K | $281K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000005131 | +0.011% | $98.6M | $305.0M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005135 | +0.089% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0821% | 8h | 0.000005133 | +0.053% | $1.8M | $11.5M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0832% | 1h | 0.000005133 | +0.050% | $4.7M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1027% | 1h | 0.000005133 | +0.050% | $54.8M | $153.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1131% / S −0.2351% | 1h | 0.000005000 | −2.543% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005131 | +0.011% | $10K | $119K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP