Funding you earn now, next payment 16:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.076%
Price spread now: Variational Omni against Paradex−0.035%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.035% cheaper against Paradex than usual: you would sell low and buy high, −$3 on $10k if it 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 | Paradex kPEPE-USD-PERP | 0.000004917 | 0.0107 | pay 0.0107% / 8h | 5h 06m | $6K | — | 20x |
| Short | Variational Omni 1000PEPE | 0.000004915 | 0.0100 | get 0.0100% / 8h | 5h 06m | $638K | $5.3M | — |
Paradex kPEPE-USD-PERP
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paradex. 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
- −$1.51
- Price spread: −0.035% → 0.000%
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.97
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 1 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 6.10 bp | doesn't fit | 10.2 bp −$102 | doesn't fit | doesn't fit |
Paradex: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0373% | 1h | 0.000004922 | +0.096% | $4.5M | $16.1M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004918 | +0.029% | $3K | — | 150x | as long as short |
| 01 Exchange kPEPEUSD | +0.0048% | 1h | 0.000004924 | +0.143% | $594 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004926 | +0.184% | $598K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004921 | +0.076% | $139K | $952K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004921 | +0.082% | $49.8M | $155.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004920 | +0.062% | $58K | $198K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004920 | +0.062% | $92.4M | $446.0M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004921 | +0.082% | $44.0M | $718.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004923 | +0.123% | $149.0M | $104.5M | 75x | as long as short |
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
01 Exchange kPEPEUSD
Lighter 1000PEPE
Nado kPEPE-PERP
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004921 | +0.084% | $24.7M | $76.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004919 | +0.050% | $43.7M | $233.8M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004921 | +0.084% | $74K | $997K | 15x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004915 | −0.035% | $638K | $5.3M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004919 | +0.033% | $26K | $572K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004920 | +0.062% | $109K | $870K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004927 | +0.198% | $1K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004924 | +0.143% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004921 | +0.088% | $578K | $4.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004921 | +0.093% | $2.3M | $8.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERPlong | +0.0107% | 8h | 0.000004917 | long leg | $6K | — | 20x | |
| Extended 1000PEPE-USD | +0.0136% | 1h | 0.000004919 | +0.040% | $517K | $288K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0136% | 1h | 0.000004923 | +0.123% | $139K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0136% | 8h | 0.000004922 | +0.100% | $127.1M | $1.53B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0139% | 8h | 0.000004922 | +0.103% | $98.8M | $299.1M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0144% | 8h | 0.000004921 | +0.091% | $1.7M | $12.6M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0154% | 8h | 0.000004920 | +0.056% | — | $182.4M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0156% | 1h | 0.000004924 | +0.143% | $61K | $119K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004923 | +0.117% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004918 | +0.021% | $4.2M | $28.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004904 | −0.263% | $3K | $123K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0284% | 8h | 0.000004926 | +0.188% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004925 | +0.164% | $727K | $38.7M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0793% / S −0.0894% | 1h | 0.000004000 | −18.649% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.3541% | 1h | 0.000004916 | −0.015% | $25K | $18K | 10x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
BingX 1000PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD