Funding you earn now, next payment 01:00 UTC−0.0406%/8h= −44.5% APRnext payment −$0.51 per $10,000 · paid last 24h +0.017%
Price spread now: Nado against ApeX Omni+0.059%61s7-day average +0.024% · 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−$470.475% of the position
Funding, last 3 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.059%, 7d avg +0.024%
=Together, before fees−0.071%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.035% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.024%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 61 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 0.028% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.51 per $10,000. 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 | ApeX Omni 1000PEPEUSDT | 0.000004817 | 0.0787 | pay 0.0098% / 1h | 49m 53s | $100K | $754K | 25x |
| Short | Nado kPEPE-PERP | 0.000004820 | 0.0381 | get 0.0048% / 1h | 49m 53s | $181K | $848K | 10x |
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX 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
- −$85.33
- Price spread: +0.059% → +0.024%
- $3.51
- Slippage, 4 orders
- −$30.46
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$129.28
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 24 min ago; Nado: live order book, 23 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 ApeX Omni live order book, 24 min ago | 4.34 bp | 11.7 bp −$12 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Nado live order book, 23 min ago | 3.17 bp | 10.5 bp −$10 | 27.2 bp −$272 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0121% | 1h | 0.000004818 | +0.017% | $3.9M | $14.0M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004823 | +0.129% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004815 | −0.050% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004829 | +0.249% | $588K | $6.6M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004824 | +0.145% | $65.4M | $105.6M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004827 | +0.208% | $57K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004821 | +0.087% | $88.7M | $298.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004821 | +0.083% | $153.4M | $64.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004818 | +0.025% | $24.1M | $55.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004826 | +0.189% | $42.6M | $151.8M | 75x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004819 | +0.036% | $555K | $4.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004812 | −0.098% | $26K | $351K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004826 | +0.187% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004818 | +0.021% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004817 | −0.004% | $547K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004820 | +0.054% | $2.3M | $6.5M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0173% | 8h | 0.000004824 | +0.155% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004819 | +0.038% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0189% | 8h | 0.000004827 | +0.208% | $43.0M | $509.9M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0311% | 8h | 0.000004825 | +0.166% | $3.9M | $22.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0322% | 8h | 0.000004818 | +0.029% | $30K | $13K | 20x | as long as short |
| 01 Exchange kPEPEUSD | +0.0344% | 1h | 0.000004826 | +0.187% | $1K | $2K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004819 | +0.042% | $554K | $26.0M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0381% | 1h | 0.000004820 | +0.059% | $181K | $848K | 10x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0431% / S −0.0631% | 1h | 0.000004000 | −16.961% | $45K | — | 100x | as long as short |
| BingX 1000PEPE-USDT | +0.0512% | 8h | 0.000004822 | +0.110% | — | $257.6M | — | as long as short |
| MEXC PEPE_USDT | +0.0535% | 8h | 0.000004823 | +0.122% | $92.6M | $280.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0536% | 8h | 0.000004823 | +0.120% | $136.9M | $1.08B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0536% | 1h | 0.000004819 | +0.041% | $529K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0536% | 1h | 0.000004816 | −0.021% | $136K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0541% | 8h | 0.000004818 | +0.022% | $1.4M | $7.4M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004831 | +0.291% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0662% | 1h | 0.000004819 | +0.039% | $93K | $602K | 15x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0787% | 1h | 0.000004817 | long leg | $100K | $754K | 25x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0789% | 1h | 0.000004817 | 0.000% | $78K | $98K | 25x | as long as short |
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL