Funding you earn now, next payment 00:00 UTC−0.0742%/8h= −81.2% APRnext payment −$7.42 per $10,000 · paid last 24h −0.085%
Price spread now: Variational Omni against Aster+0.488%7-day average −0.124% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.139%−$14 on $10k
+Price spread, last 7 days−0.643%−$64 · spread now +0.488%, 7d avg −0.124%
=Together, before fees−0.782%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.612% dearer against Aster than usual: you sell high and buy low (spread +0.488% now, against its 7-day average of −0.124%): +$61 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 3 days (−0.139% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.139% in total (about -15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.42 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 | Aster 1000PEPEUSDT | 0.000004827 | 0.0842 | pay 0.0842% / 8h | 1h 31m | $1.5M | $7.0M | 50x |
| Short | Variational Omni 1000PEPE | 0.000004851 | 0.0100 | get 0.0100% / 8h | 1h 31m | $581K | $4.0M | — |
Aster 1000PEPEUSDT
Variational Omni 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$155.82
- Price spread: +0.488% → −0.124%
- $61.16
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$102.66
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Aster live order book, 2 min ago | 1.24 bp | 12.8 bp −$13 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 6.23 bp | doesn't fit | 16.6 bp −$166 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004822 | −0.113% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004818 | −0.191% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004829 | +0.033% | $577K | $5.5M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004823 | −0.091% | $62.1M | $79.0M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004824 | −0.070% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004823 | −0.091% | $87.2M | $280.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004821 | −0.133% | $150.8M | $62.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004825 | −0.039% | $24.7M | $54.0M | 75x | as long as short |
| Variational Omni 1000PEPEshort | +0.0100% | 8h | 0.000004851 | +0.488% | $581K | $4.0M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004847 | +0.408% | $27K | $344K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004830 | +0.064% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004822 | −0.112% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004822 | −0.110% | $545K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0148% | 8h | 0.000004821 | −0.133% | $42.4M | $151.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004820 | −0.161% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0205% | 8h | 0.000004824 | −0.070% | $41.8M | $492.2M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0213% / S −0.0092% | 1h | 0.000004000 | −17.140% | $54K | — | 100x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004829 | +0.033% | $3.9M | $22.2M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0359% | 8h | 0.000004826 | −0.023% | $5K | $16 | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0373% | 1h | 0.000004821 | −0.133% | $81K | $94K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0406% | 8h | 0.000004828 | +0.006% | $2.3M | $6.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0440% | 1h | 0.000004824 | −0.070% | $553 | $2K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0445% | 8h | 0.000004822 | −0.116% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004818 | −0.195% | $585K | $25.6M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0585% | 1h | 0.000004822 | −0.102% | $92K | $615K | 15x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0709% | 1h | 0.000004846 | +0.385% | $103K | $764K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0741% | 1h | 0.000004820 | −0.150% | $185K | $855K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0799% | 8h | 0.000004823 | −0.081% | — | $256.1M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0816% | 8h | 0.000004824 | −0.066% | $130.6M | $1.03B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0821% | 8h | 0.000004823 | −0.081% | $91.5M | $284.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0824% | 1h | 0.000004823 | −0.101% | $532K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0824% | 1h | 0.000004824 | −0.070% | $136K | — | 3x | as long as short |
| Aster 1000PEPEUSDTlong | +0.0842% | 8h | 0.000004827 | long leg | $1.5M | $7.0M | 50x | |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004822 | −0.112% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1323% | 1h | 0.000004821 | −0.126% | $3.9M | $13.3M | 50x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
GMX PEPE/USD [ETH-USDC]
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD