Funding you earn now, next payment 07:00 UTC+0.0287%/8h= +31.4% APRnext payment +$0.36 per $10,000 · paid last 24h −0.119%
Price spread now: Nado against Kraken Futures−0.270%46s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
Funding, last 3 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.270%, 7d avg +0.028%
=Together, before fees+0.106%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.298% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.270% now, against its 7-day average of +0.028%). If the spread goes back, that is −$30 on $10k: about 3.5 days of funding at the current rate (+$9 a day). Mind the row above: over the last 3 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PEPEUSD | 0.000005159 | 0.0452 | pay 0.0057% / 1h | 42m 23s | $4.7M | $16.8M | 50x |
| Short | Nado kPEPE-PERP | 0.000005145 | 0.0739 | get 0.0092% / 1h | 42m 23s | $164K | $957K | 10x |
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- $60.28
- Price spread: −0.270% → +0.028%
- −$29.84
- Slippage, 4 orders
- −$35.72
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$22.28
- Costs to cover
- 0.527%
- Break-even
- 9.6 days
Slippage from Kraken Futures: live order book, 2 min ago; Nado: live order book, 66 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 Kraken Futures live order book, 2 min ago | 8.35 bp | 19.4 bp −$19 | 24.6 bp −$246 | 77.3 bp −$7,730 | doesn't fit |
| Sell Nado live order book, 66 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005154 | −0.105% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005149 | −0.209% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005147 | −0.241% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005153 | −0.124% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005152 | −0.149% | $101.4M | $415.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005143 | −0.318% | $164.2M | $96.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005152 | −0.140% | $26.0M | $72.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005133 | −0.520% | $612K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005145 | −0.274% | $28K | $543K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005165 | +0.112% | $1K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
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 | 0.000005164 | +0.089% | $595K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0105% | 1h | 0.000005157 | −0.047% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005148 | −0.215% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0296% | 8h | 0.000005156 | −0.076% | $46.2M | $214.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0382% | 8h | 0.000005153 | −0.115% | $34K | $26K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0410% | 1h | 0.000005160 | +0.019% | $74K | $855K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0420% | 8h | 0.000005155 | −0.085% | $48.1M | $727.7M | 50x | as long as short |
| Kraken Futures PF_PEPEUSDlong | +0.0452% | 1h | 0.000005159 | long leg | $4.7M | $16.8M | 50x | |
| ApeX Omni 1000PEPEUSDT | +0.0456% | 1h | 0.000005149 | −0.202% | $156K | $821K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0503% | 8h | 0.000005149 | −0.196% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0526% | 1h | 0.000005157 | −0.047% | $74K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005159 | −0.008% | $4.6M | $29.6M | 75x | as long as short |
| Lighter 1000PEPE | +0.0560% | 1h | 0.000005156 | −0.066% | $619K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0563% | 8h | 0.000005159 | −0.014% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005164 | +0.089% | $673K | $38.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005151 | −0.163% | $621 | $3K | 10x | as long as short |
| Nado kPEPE-PERPshort | +0.0739% | 1h | 0.000005145 | −0.270% | $164K | $957K | 10x | |
| BingX 1000PEPE-USDC | +0.0743% | 8h | 0.000005147 | −0.235% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0773% | 8h | 0.000005150 | −0.190% | $142.6M | $1.45B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0773% | 8h | 0.000005154 | −0.109% | $99.3M | $303.2M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005144 | −0.292% | $547K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0776% | 1h | 0.000005154 | −0.105% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0784% | 8h | 0.000005147 | −0.241% | $1.8M | $11.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0977% | 1h | 0.000005153 | −0.124% | $55.2M | $154.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −3.090% | $63K | — | 100x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]