Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h −0.011%
Price spread now: Nado against Aster+0.097%7-day average −0.054% · 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−$23as in the Price arb table
costs, in and out, $10k−$390.385% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.097%, 7d avg −0.054%
=Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.151% dearer against Aster than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of −0.054%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster 1000PEPEUSDT | 0.000005162 | 0.0749 | pay 0.0749% / 8h | 1h 03m | $1.8M | $11.7M | 50x |
| Short | Nado kPEPE-PERP | 0.000005167 | 0.0700 | get 0.0087% / 1h | 3m 12s | $165K | $960K | 10x |
Aster 1000PEPEUSDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aster. 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
- −$10.39
- Price spread: +0.097% → −0.054%
- $15.12
- Slippage, 4 orders
- −$23.53
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$33.81
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Nado: live order book, 40 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 Aster live order book, 6 min ago | 1.46 bp | 9.8 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Nado live order book, 40 min ago | 2.90 bp | 9.9 bp −$10 | 27.5 bp −$275 | 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 | +0.127% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005160 | −0.041% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005169 | +0.128% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005165 | +0.046% | $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 1000PEPE | +0.0100% | 8h | 0.000005168 | +0.101% | $607K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005169 | +0.127% | $28K | $544K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005174 | +0.219% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005175 | +0.246% | $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
Variational Omni 1000PEPE
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 | +0.072% | $26.4M | $72.7M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0174% | 1h | 0.000005168 | +0.108% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005167 | +0.084% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0284% | 8h | 0.000005160 | −0.039% | $46.3M | $216.6M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0331% | 1h | 0.000005163 | +0.012% | $74K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0400% | 8h | 0.000005167 | +0.089% | $47.7M | $737.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0400% | 8h | 0.000005168 | +0.099% | $34K | $26K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0441% | 1h | 0.000005174 | +0.225% | $150K | $830K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005165 | +0.051% | $4.7M | $16.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0475% | 1h | 0.000005163 | +0.019% | $73K | $866K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0511% | 8h | 0.000005163 | +0.006% | $2.4M | $8.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0520% | 8h | 0.000005172 | +0.186% | $4.4M | $30.0M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0520% | 8h | 0.000005171 | +0.166% | $6K | — | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005159 | −0.066% | $690K | $39.0M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005180 | +0.341% | $625 | $3K | 10x | as long as short |
| Nado kPEPE-PERPshort | +0.0700% | 1h | 0.000005167 | +0.097% | $165K | $960K | 10x | |
| Lighter 1000PEPE | +0.0720% | 1h | 0.000005169 | +0.128% | $617K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0723% | 8h | 0.000005161 | −0.029% | — | $218.1M | — | as long as short |
| Aster 1000PEPEUSDTlong | +0.0749% | 8h | 0.000005162 | long leg | $1.8M | $11.7M | 50x | |
| MEXC PEPE_USDT | +0.0758% | 8h | 0.000005166 | +0.068% | $100.2M | $307.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0758% | 8h | 0.000005167 | +0.094% | $142.2M | $1.47B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005165 | +0.055% | $543K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005169 | +0.128% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0955% | 1h | 0.000005171 | +0.167% | $53.7M | $156.9M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2249% | 1h | 0.000005000 | −3.146% | $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
Lighter 1000PEPE
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]