Funding you earn now, next payment 07:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.102%
Price spread now: Extended against Variational Omni−0.046%7-day average +0.056% · 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)+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.046%, 7d avg +0.056%
=Together, before fees+0.086%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.102% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.056%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 4 days (+0.152% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.152% in total (about 15.3% 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 | Variational Omni 1000PEPE | 0.000005168 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $607K | $5.3M | — |
| Short | Extended 1000PEPE-USD | 0.000005165 | 0.0760 | get 0.0095% / 1h | 3m 09s | $543K | $284K | 25x |
Variational Omni 1000PEPE
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Variational Omni. 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
- $138.6
- Price spread: −0.046% → +0.056%
- −$10.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $123.41
- Costs to cover
- 0.050%
- Break-even
- 0.8 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 40 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 Variational Omni RFQ quote, 1 min ago | 4.84 bp | doesn't fit | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Extended live order book, 40 min ago | 2.91 bp | 7.3 bp −$7 | 43.0 bp −$430 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005165 | −0.050% | $8K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005169 | +0.027% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | −0.141% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005169 | +0.027% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005165 | −0.054% | $101.0M | $421.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005165 | −0.050% | $164.2M | $97.8M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000005168 | long leg | $607K | $5.3M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005169 | +0.026% | $28K | $544K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005174 | +0.118% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005175 | +0.145% | $600K | $4.2M | 75x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0108% | 8h | 0.000005166 | −0.029% | $26.4M | $72.7M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0174% | 1h | 0.000005168 | +0.008% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005167 | −0.017% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0284% | 8h | 0.000005160 | −0.139% | $46.3M | $216.6M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0331% | 1h | 0.000005163 | −0.089% | $74K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0400% | 8h | 0.000005167 | −0.012% | $47.7M | $737.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0400% | 8h | 0.000005168 | −0.002% | $34K | $26K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0441% | 1h | 0.000005174 | +0.124% | $150K | $830K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005165 | −0.049% | $4.7M | $16.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0475% | 1h | 0.000005163 | −0.081% | $73K | $866K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0511% | 8h | 0.000005163 | −0.095% | $2.4M | $8.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0520% | 8h | 0.000005172 | +0.085% | $4.4M | $30.0M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0520% | 8h | 0.000005171 | +0.065% | $6K | — | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005159 | −0.166% | $690K | $39.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005180 | +0.240% | $625 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0700% | 1h | 0.000005167 | −0.003% | $165K | $960K | 10x | as long as short |
| Lighter 1000PEPE | +0.0720% | 1h | 0.000005169 | +0.027% | $617K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0723% | 8h | 0.000005161 | −0.130% | — | $218.1M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0749% | 8h | 0.000005162 | −0.101% | $1.8M | $11.7M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0758% | 8h | 0.000005166 | −0.033% | $100.2M | $307.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0758% | 8h | 0.000005167 | −0.007% | $142.2M | $1.47B | 75x | as long as short |
| Extended 1000PEPE-USDshort | +0.0760% | 1h | 0.000005165 | −0.046% | $543K | $284K | 25x | |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005169 | +0.027% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0955% | 1h | 0.000005171 | +0.066% | $53.7M | $156.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2249% | 1h | 0.000005000 | −3.243% | $64K | — | 100x | as long as short |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Nado kPEPE-PERP
Lighter 1000PEPE
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]