Funding you earn now, next payment 02:00 UTC−0.0303%/8h= −33.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.035%
Price spread now: Nado against 01 Exchange−0.044%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Nado is 0.044% cheaper against 01 Exchange than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange kPEPEUSD | 0.000005057 | 0.0952 | pay 0.0119% / 1h | 15m 41s | $1K | $2K | 10x |
| Short | Nado kPEPE-PERP | 0.000005055 | 0.0649 | get 0.0081% / 1h | 15m 41s | $180K | $880K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against 01 Exchange. 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
- −$63.62
- Price spread: −0.044% → 0.000%
- −$4.45
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$82.07
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Nado: live order book, 53 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 53 min ago | 1.97 bp | 19.0 bp −$19 | 48.0 bp −$480 | doesn't fit | doesn't fit |
01 Exchange: 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 34 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 | 0.000005036 | −0.415% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005045 | −0.239% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005047 | −0.198% | $61K | $126K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005038 | −0.368% | $97.6M | $324.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005042 | −0.297% | $162.1M | $71.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005048 | −0.186% | $25.4M | $60.9M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005044 | −0.249% | $45.4M | $162.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005045 | −0.246% | $622K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005039 | −0.360% | $27K | $422K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005046 | −0.219% | $1K | $2.4M | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005038 | −0.374% | $566K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005054 | −0.066% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0243% | 8h | 0.000005042 | −0.297% | $45.1M | $568.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0282% | 8h | 0.000005053 | −0.071% | $33K | $23K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0333% | 1h | 0.000005041 | −0.316% | $106K | $747K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005053 | −0.079% | $746K | $29.8M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0498% | 8h | 0.000005042 | −0.289% | — | $259.2M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0519% / S −0.0547% | 1h | 0.000005000 | −1.127% | $56K | — | 100x | as long as short |
| Phemex u1000PEPEUSDT | +0.0527% | 8h | 0.000005047 | −0.188% | $2.4M | $7.0M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0528% | 1h | 0.000005044 | −0.247% | $554K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0528% | 1h | 0.000005048 | −0.178% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0531% | 8h | 0.000005047 | −0.202% | $94.4M | $291.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0531% | 8h | 0.000005046 | −0.210% | $141.9M | $1.17B | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0543% | 1h | 0.000005050 | −0.138% | $61K | $114K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0575% | 1h | 0.000005048 | −0.178% | $2K | $12K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0607% | 8h | 0.000005040 | −0.329% | $6K | $16 | 20x | as long as short |
| Aster 1000PEPEUSDT | +0.0626% | 8h | 0.000005043 | −0.276% | $1.7M | $8.2M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0649% | 1h | 0.000005055 | −0.044% | $180K | $880K | 10x | |
| Kraken Futures PF_PEPEUSD | +0.0825% | 1h | 0.000005048 | −0.183% | $4.0M | $14.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005098 | +0.811% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0917% | 1h | 0.000005047 | −0.196% | $98K | $618K | 15x | as long as short |
| 01 Exchange kPEPEUSDlong | +0.0952% | 1h | 0.000005057 | long leg | $1K | $2K | 10x | |
| Lighter 1000PEPE | +0.1680% | 1h | 0.000005057 | 0.000% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2123% | 1h | 0.000005057 | 0.000% | $55.7M | $136.0M | 10x | as long as short |
01 Exchange kPEPEUSD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Phemex u1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
Paradex kPEPE-USD-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Hyperliquid kPEPE