Funding you earn now, next payment 21:00 UTC+0.0490%/8h= +53.7% APRpaid last 24h 0.000%
Price spread now: Nado against BloFin+0.055%7-day average +0.011% · 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−$36as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 3 days (all we have)−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)−0.335%−$34 · spread now +0.055%, 7d avg +0.011%
=Together, before fees−0.387%+ Points / potential airdropNado: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Nado is 0.044% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%. Mind the row above: over the last 3 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.052% in total (about -6.2% a year). A funding rate is set anew for every payment. 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 | BloFin PEPE-USDT | 0.000004955 | 0.0220 | pay 0.0220% / 8h | 3h 31m | $4.1M | $21.5M | 75x |
| Short | Nado kPEPE-PERP | 0.000004958 | 0.0710 | get 0.0089% / 1h | 31m 13s | $195K | $848K | 10x |
BloFin PEPE-USDT
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BloFin. 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
- $103
- Price spread: +0.055% → +0.011%
- $4.42
- Slippage, 4 orders
- −$21.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $66.8
- Costs to cover
- 0.406%
- Break-even
- 2.5 days
Slippage from BloFin: live order book, 3 min ago; Nado: live order book, 17 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 BloFin live order book, 3 min ago | 4.00 bp | 10.0 bp −$10 | 13.7 bp −$137 | 37.5 bp −$3,751 | 132.3 bp −$66.2K |
| Sell Nado live order book, 17 min ago | 3.03 bp | 8.2 bp −$8 | 26.5 bp −$265 | 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 | 0.000004954 | −0.024% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004954 | −0.012% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004959 | +0.081% | $59K | $106K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004953 | −0.038% | $90.0M | $261.9M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004957 | +0.040% | $43.6M | $489.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004955 | 0.000% | $151.3M | $59.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004957 | +0.046% | $25.1M | $47.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004982 | +0.536% | $725K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004984 | +0.590% | $28K | $333K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004964 | +0.182% | $1K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004963 | +0.153% | $571K | $3.7M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0168% | 8h | 0.000004955 | −0.002% | $46.9M | $138.4M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0188% | 1h | 0.000004958 | +0.053% | $7K | — | 15x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0197% / S −0.0087% | 1h | 0.000004000 | −19.273% | $55K | — | 100x | as long as short |
| BloFin PEPE-USDTlong | +0.0220% | 8h | 0.000004955 | long leg | $4.1M | $21.5M | 75x | |
| SoDEX 1000PEPE-USD | +0.0257% | 1h | 0.000004959 | +0.081% | $2K | $9K | 10x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0319% | 8h | 0.000004955 | +0.006% | $31K | $10K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0445% | 1h | 0.000004982 | +0.545% | $103K | $757K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0460% | 8h | 0.000004963 | +0.163% | $2.4M | $6.2M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004962 | +0.141% | $640K | $25.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0475% | 8h | 0.000004958 | +0.063% | $6K | $26 | 20x | as long as short |
| Hyperliquid kPEPE | +0.0502% | 1h | 0.000004957 | +0.040% | $56.8M | $63.1M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0549% | 1h | 0.000004957 | +0.048% | $99K | $576K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0557% | 1h | 0.000004959 | +0.081% | $80K | $91K | 25x | as long as short |
| Nado kPEPE-PERPshort | +0.0710% | 1h | 0.000004958 | +0.055% | $195K | $848K | 10x | |
| 01 Exchange kPEPEUSD | +0.0752% | 1h | 0.000004959 | +0.081% | $568 | $2K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0779% | 8h | 0.000004956 | +0.026% | — | $252.5M | — | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000004958 | +0.062% | $546K | $145K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000004962 | +0.141% | $140K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0819% | 8h | 0.000004953 | −0.034% | $117.7M | $269.5M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0819% | 8h | 0.000004958 | +0.064% | $133.8M | $970.3M | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0906% | 8h | 0.000004958 | +0.050% | $1.5M | $6.6M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0913% | 1h | 0.000004957 | +0.049% | $4.0M | $12.2M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.1046% | 1h | 0.000004970 | +0.303% | $5K | $81K | 12x | as long as short |
| Lighter 1000PEPE | +0.1080% | 1h | 0.000004965 | +0.202% | $601K | $4.9M | 10x | as long as short |
HTX PEPE-USDT
Bitget PEPEUSDT
Reya kPEPERUSDPERP
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USD
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Paradex kPEPE-USD-PERP
Hyperliquid kPEPE
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Lighter 1000PEPE