Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.046%
Price spread now: Nado against BingX+0.111%7-day average −0.001% · 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−$20as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 3 days (all we have)+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.111%, 7d avg −0.001%
=Together, before fees−0.007%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.112% dearer against BingX than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.001%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDT | 0.000004989 | 0.0759 | pay 0.0759% / 8h | 2h 29m | — | $238.9M | — |
| Short | Nado kPEPE-PERP | 0.000004994 | 0.0745 | get 0.0093% / 1h | 29m 53s | $165K | $942K | 10x |
BingX 1000PEPE-USDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- −$2.89
- Price spread: +0.111% → −0.001%
- $11.18
- Slippage, 4 orders
- −$14.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$23.28
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Nado: live order book, 18 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 BingX live order book, 9 min ago | 0.10 bp | 5.7 bp −$6 | 9.1 bp −$91 | 16.6 bp −$1,660 | 36.3 bp −$18.2K |
| Sell Nado live order book, 18 min ago | 1.99 bp | 10.9 bp −$11 | 29.8 bp −$298 | 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 | 0.000004992 | +0.058% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000004989 | 0.000% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004997 | +0.164% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004989 | +0.004% | $98.0M | $403.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004990 | +0.024% | $160.9M | $93.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004994 | +0.096% | $24.8M | $70.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005001 | +0.239% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005003 | +0.294% | $27K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004999 | +0.212% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005002 | +0.263% | $560K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0178% | 1h | 0.000004994 | +0.104% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004996 | +0.149% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0336% | 8h | 0.000004991 | +0.042% | $44.9M | $209.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0403% | 8h | 0.000004992 | +0.066% | $33K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000004993 | +0.084% | $46.2M | $681.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0539% | 8h | 0.000005000 | +0.219% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005006 | +0.345% | $4.4M | $27.9M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0623% | 1h | 0.000004992 | +0.054% | $73K | $830K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0627% | 8h | 0.000004992 | +0.070% | $2.4M | $7.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.0640% | 1h | 0.000004998 | +0.184% | $593K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0640% | 1h | 0.000004998 | +0.184% | $603 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000004999 | +0.204% | $635K | $36.7M | 50x | as long as short |
| Nado kPEPE-PERPshort | +0.0745% | 1h | 0.000004994 | +0.111% | $165K | $942K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0753% | 1h | 0.000004992 | +0.064% | $71K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDTlong | +0.0759% | 8h | 0.000004989 | long leg | — | $238.9M | — | |
| ApeX Omni 1000PEPEUSDT | +0.0764% | 1h | 0.000005005 | +0.325% | $154K | $813K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0790% | 8h | 0.000004990 | +0.028% | $139.9M | $1.41B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000004995 | +0.116% | $530K | $277K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0792% | 8h | 0.000004989 | +0.012% | $95.9M | $301.4M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000004992 | +0.064% | $141K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0844% | 8h | 0.000004989 | −0.005% | $1.7M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0856% | 1h | 0.000004991 | +0.045% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1003% | 1h | 0.000004997 | +0.164% | $52.6M | $152.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1112% / S −0.2084% | 1h | 0.000004000 | −19.820% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | +0.906% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP