Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h +0.066%
Price spread now: Nado against Binance−0.159%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$390.395% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.159%, 7d avg −0.029%
Together, before fees+0.464%+ Points / potential airdropNado: Active · farm board+$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.130% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000PEPEUSDT0.0000051520.0721pay 0.0721% / 8h17m 33s$142.1M$1.50B75x
ShortNado kPEPE-PERP0.0000051440.0715get 0.0089% / 1h17m 33s$165K$958K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.22
Price spread: −0.159% → −0.029%
−$12.98
Slippage, 4 orders
−$22.48
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$53.68
Costs to cover
0.395%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Nado: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.10 bp8.0 bp −$813.3 bp −$13334.6 bp −$3,459doesn't fit
Sell Nado live order book, 21 min ago2.91 bp11.9 bp −$1227.9 bp −$279doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005160+0.152%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005142−0.194%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005161+0.179%$60K$184K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005137−0.287%$99.0M$430.2M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005158+0.120%$163.4M$99.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005163+0.210%$615K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005172+0.382%$28K$548K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005162+0.194%$2K$2.7M20xas long as short
HTX PEPE-USDT+0.0100%8h0.000005172+0.400%$603K$4.2M75xas long as short
KuCoin PEPEUSDTM+0.0125%8h0.000005155+0.052%$26.9M$74.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0144%1h0.000005157+0.101%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005143−0.174%$8K15xas long as short
Bitget PEPEUSDT+0.0254%8h0.000005142−0.190%$46.2M$220.1M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0298%1h0.000005173+0.412%$150K$834K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0332%1h0.000005156+0.082%$74K$127K25xas long as short
OKX PEPE-USDT-SWAP+0.0366%8h0.000005145−0.132%$47.8M$746.6M50xas long as short
Injective PEPE/USDC PERP+0.0404%1h0.000005160+0.159%$8K$120K12xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005159+0.142%$34K$26K20xas long as short
Paradex kPEPE-USD-PERP+0.0464%8h0.000005159+0.143%$6K20xas long as short
Phemex u1000PEPEUSDT+0.0467%8h0.000005152+0.008%$2.4M$8.1M50xas long as short
BloFin PEPE-USDT+0.0484%8h0.000005167+0.295%$4.5M$30.4M75xas long as short
Backpack kPEPE_USDC_PERP+0.0524%1h0.000005153+0.025%$79K$889K15xas long as short
Lighter 1000PEPE+0.0544%1h0.000005162+0.198%$619K$9.1M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0544%1h0.000005148−0.074%$685K$39.7M50xas long as short
BingX 1000PEPE-USDT+0.0686%8h0.000005149−0.052%$175.0Mas long as short
Kraken Futures PF_PEPEUSD+0.0712%1h0.000005154+0.049%$4.8M$16.7M50xas long as short
01 Exchange kPEPEUSD+0.0712%1h0.000005162+0.198%$623$2K10xas long as short
Nado kPEPE-PERPshort+0.0715%1h0.000005144−0.159%$165K$958K10x
Extended 1000PEPE-USD+0.0720%1h0.000005158+0.129%$542K$282K25xas long as short
Aevo 1000PEPE-PERP+0.0720%1h0.000005158+0.120%$146K3xas long as short
Binance 1000PEPEUSDTlong+0.0721%8h0.000005152long leg$142.1M$1.50B75x
MEXC PEPE_USDT+0.0721%8h0.000005148−0.064%$101.0M$308.5M300xas long as short
Aster 1000PEPEUSDT+0.0723%8h0.000005151−0.017%$1.7M$11.9M50xas long as short
Hyperliquid kPEPE+0.0931%1h0.000005148−0.074%$53.6M$159.2M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1068% / S −0.1281%1h0.000005000−2.947%$50K100xas long as short